REDMOND, Wash., June 18, 2024 (GLOBE NEWSWIRE) — Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor and data management surveillance solutions, has been awarded a major five-year system expansion contract for a Fortune 100 company leveraging the Company’s Acropolis enterprise video and data management platform to support operational and physical security requirements.
“This agreement marks a significant upgrade to existing deployments of our Acropolis ecosystem, which customers use to orchestrate and manage their global logistics operations from a single security operations center,” said Paul Allen, president of Airship AI. “The capabilities being introduced as part of this expansion will enable our customers to leverage Airship's platform to enhance physical security on a global scale and further improve operational efficiency and effectiveness at key locations through the integration of edge data sensors used in daily operations.”
Airship AI's Acropolis backend enterprise management system enables customers to manage devices and sensors across their digital ecosystem via hardware deployed on-premise or in the cloud, while leveraging artificial intelligence (AI) at the edge and backend to optimise operational efficiency and improve real-time decision-making capabilities. The sensor-agnostic nature of our Acropolis platform, combined with our edge-based AI platform, Outpost AI, enables customers to efficiently add “smart” to existing edge sensors and avoid costly and disruptive replacement efforts.
“This client is also a top Fortune 100 innovative company, so we are pleased to support their vision and strategy to be at the forefront of leveraging technology to protect employees and assets and improve operational efficiencies,” Allen added. “With this commitment, which includes five years of health monitoring, technical and engineering support, and software maintenance, we are poised to expand and strengthen this partnership with the continued deployment of new innovative AI-driven capabilities.”
To experience how Airship AI and its suite of enterprise video and data management solutions can help your organization solve complex video and data management challenges, email your request to info@airship.ai.
About Airship AI Holdings, Inc.
Founded in 2006, Airship AI is a US owned and operated technology company headquartered in Redmond, Washington. Airship AI is an AI-driven video, sensor and data management surveillance platform that improves public safety and operational efficiency for public sector and commercial customers by providing predictive analytics and insights to decision makers before events occur. Airship AI's product suite includes Outpost AI edge hardware and software products, the Acropolis enterprise management software stack, and the Command family of visualization tools.
For more information, visit https://airship.ai.
Forward-Looking Statements
This disclosure contains certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “expect,” “intend,” “anticipate,” “should,” “would,” “plan,” “project,” “predict,” “project,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) statements regarding estimates and forecasts of financial, performance and operating metrics and forecasts of market opportunities; (2) statements regarding changes in, expansion plans and opportunities in the market for Airship AI's services and technology; (3) Airship AI's anticipated technological developments; and (4) current and potential future commercial and customer relationships. These statements are based on various assumptions and the current expectations of Airship AI's management, whether or not identified in this press release, and are not intended to predict actual performance. These forward-looking statements are also subject to a number of risks and uncertainties, as described in the section entitled “Risk Factors” of the Company's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on April 1, 2024, and other documents the Company has filed or will file with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results may differ materially from those implied by these forward-looking statements. In addition, forward-looking statements reflect the Company's expectations, plans or projections regarding future events and views as of the date of this press release. The Company expects that future events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, it assumes no obligation to do so. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.
Investor Contact:
Chris Tyson/Larry Holub
MZ North America
949-491-8235
AISP@mzgroup.us
