Why Airship AI Stock Is Soaring

Airship AI Holdings, Inc. AISP shares are trading higher Tuesday after the company announced a contract to an agency within the Department of Justice (DOJ) for its Acropolis Enterprise Sensor Management video and data management platform. 

The Details:

Airship AI signed a six-figure base year plus four option year contract to an agency within the DOJ for its Acropolis Enterprise Sensor Management video and data management platform supporting emerging public safety and investigative requirements.

"This award represents a substantial expansion of an existing deployment of our Acropolis eco-system, validating our ability to scale in size and scope as the agency’s requirements grow,” said Paul Allen, President of Airship AI. 

“Equally as exciting is the customer will be leveraging work done by other agencies within the DOJ and Department of Homeland Security to migrate from existing on-premises operations to a FedRAMP certified cloud environment, a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.”

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Airship AI shares are climbing on heavy trading volume following the company's announcement. According to data from Benzinga Pro, more than 41 million shares have already been traded in the session, compared to the stock’s 100-day average of 1.307 million shares.

How To Buy AISP Stock:

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Airship AI Holdings AISP's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

AISP Price Action: According to Benzinga Pro, Airship AI shares are up 39% at $4.37 at the time of publication Tuesday.

Image: Pete Linforth from Pixabay