Airship AI to Ring the Nasdaq Closing Bell on Wednesday, May 15, 2024

REDMOND, Wash., May 02, 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, today announced the Company will ring the closing bell at the Nasdaq MarketSite in Times Square, New York on Wednesday, May 15, 2024.

“We are honored to ring the closing bell on behalf of our employees and shareholders,” said Paul Allen, President of Airship AI. “We have already made tremendous progress since listing on the Nasdaq in December 2023, highlighted by our growing backlog of $11.8 million driven by demand from Fortune 500 customers and the U.S. Federal Government, as evidenced by the recent multi-million-dollar contract awarded to Airship AI by an agency within the Department of Justice. With a pipeline of $140 million, we expect to drive triple-digit revenue growth while achieving positive cash flow in fiscal year 2024. This event is a commemoration of our team’s efforts as we continue to execute on our growth initiatives across our verticals, Outpost AI Edge Appliances & Acropolis Enterprise Video and Data Management Platform.”

Mr. Allen will be accompanied at the closing bell ceremony by Airship AI Chief Executive Officer and Chairman of the Board, Victor Huang, and Chief Operating Officer, Secretary, Treasurer and Director, Derek Xu.

The live broadcast of the Nasdaq Closing Bell ceremony will begin at 3:45 p.m. Eastern Time on Wednesday, May 15, 2024. To view the broadcast, visit: https://www.nasdaq.com/marketsite/bell-ringing-ceremony.

Management will also take part in a Behind the Bell interview from the Nasdaq MarketSite following the closing bell ceremony, which will be available here once published.

Company management will also be in New York City from May 14 – 16, 2024 for in-person media interviews. Interested parties should contact MZ Group at 949-491-8235 or [e-mail] to schedule an interview.

About Airship AI Holdings, Inc.

Founded in 2006, Airship AI is a U.S. 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 analysis of events before they occur and meaningful intelligence to decision makers. Airship AI’s product suite includes Outpost AI edge hardware and software offerings, Acropolis enterprise management software stack, and Command family of visualization tools.