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Airship AI Announces $29.0M of Firm Fixed Price Brand Name Only Awards from Department of Homeland Security

The awards cover software development, AI platforms and customized hardware over a six-month performance period.

(Moderate)

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Airship AI (NASDAQ: AISP) has received $29.0 million in firm-fixed-price contracts from an agency within the Department of Homeland Security.

The brand-name-only awards support public safety and investigative requirements and carry a six-month period of performance. They cover development within the Acropolis software ecosystem, additional Outpost AI appliances, the Fortress AI server-side platform and customized turnkey hardware. The solutions will support ongoing operational deployments and several pilots. Airship AI also expects to release new agentic AI functionality within Ask Airship before the end of 2026.

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2 points · 1 major

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Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Major point$29.0 million in firm-fixed-price DHS contracts awarded for public safety and investigative requirements. 45% of market cap
  • Minor point. Forward-looking: it has not happened yet and may not happen.Ask Airship functionality release expected before the end of 2026.

Negative

  • None.

News Explained

Fortress AI’s disclosed design keeps video and sensor data under customer control on premises, without third-party cloud transit.

The awarded work extends Fortress AI beyond its initial tactical deployments into enterprise federal law-enforcement operations.

For this work, Airship says Fortress processes video and sensor data on premises, keeping sensitive data under customer control and outside third-party cloud infrastructure.

Argus 15 min delay 112 alerts
+41.67% vs previous close $2.63 last price 401.9x rel. volume Open Argus
Details

Market move: AISP +41.67% vs previous close. DHS contract award

+38.2% Peak in 50 min
$1.74 – $2.86 Day Range
$90.75M Market Cap

On Oct 1, the day this news came out, the latest delayed price for AISP is 41.67% above the previous close. Argus tracked a peak move of +38.2% during the session. Our momentum scanner has recorded 112 alerts for this stock so far that day. The latest delayed price is $2.63. Relative volume is exceptionally heavy at 401.9x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Contract awards: $29.0 million Performance period: Six months
Contract awards
$29.0 million
Firm-fixed-price awards from a Department of Homeland Security agency
Performance period
Six months
Period of performance for the awards

Previous AI Reports

2 past events · Latest: Apr 16
Same Type 2 events
  1. Apr 16

    DHS contract award

    24h Move
    +2.4%

    Received a $2.1 million firm-fixed-price, brand-name-only follow-on award from DHS.

  2. Oct 06

    Federal contract awards

    24h Move
    +19.5%

    Announced $11.0 million across 16 firm-fixed-price, brand-name-only contracts for federal agencies.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

firm-fixed-price, brand-name-only
2 terms
firm-fixed-price financial
"awarded $29.0 million in firm-fixed-price contracts"
A firm-fixed-price contract sets a single, unchanging price for goods or services that the seller must deliver, regardless of how much those costs rise or fall during performance. For investors, this matters because the buyer bears little cost uncertainty while the seller absorbs any cost overruns, which can make revenue more predictable but can squeeze profit margins if expenses increase—think of agreeing to buy a product at a set price even if the seller’s costs go up.
brand-name-only regulatory
"The brand-name-only awards support public safety and investigative requirements"
A brand-name-only product is one sold under a proprietary trade name with no equivalent generic version available; think of it like a designer shoe that only one maker sells. For investors, that status often signals pricing power and higher margins because there’s no lower-cost substitute on the market, but it also implies risk tied to patent expirations, competition approvals, or regulatory changes that could quickly change revenue prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Awards Include Tailored Software Integrations, Edge and Server-Side AI Offerings, and Turnkey Integrated Hardware Solutions

Expects to Release New Agentic AI Functionality within Ask Airship Before the End of 2026

REDMOND, Wash., Oct. 01, 2026 (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 it has been awarded $29.0 million in firm-fixed-price contracts from an agency within the Department of Homeland Security ("DHS"). The brand-name-only awards support public safety and investigative requirements and carry a six-month period of performance.

"These awards reflect the continued momentum and critical importance of AI-driven surveillance solutions in advancing public safety and homeland security," said Paul Allen, President of Airship AI. "As the administration prioritizes strengthening national security, autonomous edge AI-driven surveillance solutions are proving to be an essential force multiplier for law enforcement, delivering greater operational efficiency, enhanced accuracy, and improved threat detection."

The awards include components of all three core areas of Airship AI's product offering portfolio:

  • Acropolis Software Ecosystem: Airship AI will develop new capabilities that enhance how users interact with its existing Acropolis software ecosystem. The development work focuses on autonomous edge sensor data collection and on improving the confidence level of detected user-defined events, leveraging Airship AI as the intelligence layer for their larger sensor eco-system.
  • Outpost AI and Fortress AI Platforms: Airship AI will deliver significant additional quantities of Outpost AI, its edge AI appliance built to run advanced analytics at the tactical edge. The award includes Fortress AI, the Company's newly released server-side platform for centralized, high-capacity AI processing. Because Fortress AI processes video and sensor data on premises, customers maintain full data sovereignty, with sensitive data never leaving their control or passing through third-party cloud infrastructure.
  • Turnkey Hardware Solutions: Airship AI will deliver customized, turnkey hardware systems that allow users to autonomously collect data at the edge, securely transport it to designated endpoints, and receive high-confidence, AI-derived actionable intelligence in real time, giving supported agencies a unified solution from edge to enterprise. These solutions will support ongoing operational deployments as well as several pilots for ongoing operational requirements.

Mr. Allen added, "These awards also mark a significant milestone for Fortress AI as it expands into enterprise federal law enforcement operations following initial tactical deployments supporting multiple major 2026 National Special Security Events. They also reinforce the continued growth of our trusted partnership with DHS and the need for the full range of AI-driven solutions Airship AI provides.

"Each of these awards moves Airship AI closer to becoming the platform of choice for AI-enabled federal law enforcement operations. Agencies want a single architecture that runs from the tactical edge to the enterprise, and they want to own their data. With Outpost AI in the field and Fortress AI on premises, we give them both.

"That same on-premises foundation is where Ask Airship, our agentic AI platform, is designed to run. We expect to release new agentic AI functionality within Ask Airship before the end of 2026. Ask Airship sits on top of the video, sensor and access-control systems customers already operate, allows them to pair their sovereign data with the AI models best suited to their mission, and turns that data into actionable intelligence, with no rip and replace," Mr. Allen concluded.

About Airship AI Holdings, Inc.

Founded in 2006, Airship AI (NASDAQ: AISP) 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.

For more information, visit https://airship.ai.

Forward-Looking Statements

The disclosure herein includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “project,” “forecast,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that 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 operational metrics and projections of market opportunity; (2) changes in the market for Airship AI’s services and technology, expansion plans and opportunities; (3) the projected technological developments of Airship AI; and (4) current and future potential commercial and customer relationships. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Airship AI’s management and are not predictions of actual performance. These forward-looking statements are also subject to a number of risks and uncertainties, as set forth in the section entitled “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 17, 2026, and the other documents that the Company has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while it may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any 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 upon the forward-looking statements.

Investor Contact:

Chris Tyson/Larry Holub
MZ North America
949-491-8235
AISP@mzgroup.us


FAQ

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How much are Airship AI's DHS contract awards worth, and how long do they run?

Airship AI received $29.0 million in firm-fixed-price contracts with a six-month period of performance. The brand-name-only awards are from an agency within the Department of Homeland Security and support public safety and investigative requirements.

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