Airship AI Holdings Inc Class A (AISP)

Between January 13, 2025, and January 9, 2026, the share price experienced a decline of 25.66%. Airship AI reported its Third Quarter 2025 financial results on November 17, 2025, which showed lower year-over-year revenue and an increased cash burn. In October 2025, the company announced the exercise of warrants, generating $9.7 million in gross proceeds, and secured $11.0 million in firm fixed-price awards from U.S. federal law enforcement agencies. The company reported its Second Quarter 2025 financial results on August 5, 2025. In December 2025, insider buying activity appeared to boost investor sentiment. The stock was trading near its 52-week low of $2.79 in December 2025. Prior to November 19, 2024, the stock had experienced a significant 75.14% decline over the preceding year. Third-quarter 2024 results fell short of expectations due to labor inflation. A surge in interest for AI Border solutions was noted following a recent presidential election.

Demand seasonality for Airship AI's products and services is significantly influenced by procurement cycles and the timing of shipments, particularly concerning federal contracts. Approximately 75% of the company's quarterly revenue is transactional and recognized within the same quarter. A surge in interest for AI Border solutions was observed following a recent presidential election, suggesting that political landscapes and government priorities can impact demand for its offerings.

Airship AI Holdings, Inc. is a U.S.-owned technology company specializing in an AI-driven video, sensor, and data management surveillance platform. The company enhances public safety and operational efficiency for public sector and commercial customers by providing predictive analysis of events and delivering actionable intelligence. Its major products include Airship Acropolis OS, Airship Command, and Airship Outpost. The company's offerings allow customers to manage data across its full lifecycle using a secure, permissioned-based architecture.

Airship AI Holdings, Inc. is headquartered in Redmond, Washington, United States. The company primarily serves public sector and commercial customers, including government, law enforcement, and defense clients, with a significant focus on U.S. federal government agencies. While its primary operations appear to be U.S.-centric, there are mentions of global expansion initiatives and serving government and law enforcement agencies around the world, suggesting an expanding or intended international reach.

Airship AI's brand reputation is closely tied to its role in providing critical AI-driven surveillance and data management solutions for public safety and operational efficiency. The sensitive nature of its customer base often restricts the public disclosure of specific awards and details. Analyst sentiment has been mixed, with one analyst issuing a Sell rating, while Benchmark reiterated a Buy rating in November 2024. In December 2025, there were mentions of positive analyst recommendations and optimism surrounding the company's global expansion initiatives.

Airship AI Holdings, Inc. has a mixed ownership structure comprising institutional, insider, and retail investors. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, and others, holding approximately 8.47% to 19.08% of the company's stock. Insiders hold a significant portion, approximately 65.83% to 66.13% of the stock, including Derek Xu, Airship Redmond Family Limited Partnership, and others.