Airship AI Holdings, Inc. — Cyborg Score 7/10

Strong
AI-Driven Data Management & Surveillance Software

Strategic Profile

Airship AI offers Outpost AI for edge data structuring, Acropolis for enterprise management (including Acropolis Commercial for SMBs and Acropolis Law for law enforcement/defense), and Airship Command visualization tools. In October 2025, the company received $11 million in awards from DOJ and DHS across 16 contracts, with several successful pilot deployments replacing underperforming competitors.

Cyborg Score Rationale

The company has an $11M backlog and validated pipeline of approximately $166M with award timing over 18-24 months. 2024 net revenue reached $23.1 million, an 87% increase over 2023's $12.3 million with no debt on balance sheet. However, recent quarters show volatility with declining revenues and operating losses.

Top Insights

  • Strong validated pipeline of $166M with 18-24 month award timing provides significant revenue visibility
  • No debt on balance sheet following conversion of convertible notes demonstrates improving financial structure
  • Federal procurement delays and government shutdown cited as near-term headwinds
  • Expansion into commercial sectors focusing on retail crime prevention represents new growth vector

Named Competitors

  • Video Surveillance/Analytics — AI-driven security analytics platform
  • Security Solutions — AI vehicle identification and threat detection
  • Data Management — AI-powered media intelligence platform

Recent Developments

  • (Oct 2025) Received $11.0 million in firm fixed-price awards from DOJ and DHS across 16 contracts
  • (Oct 2025) Warrant exercise generated approximately $9.73 million in proceeds
  • (Sep 2025) Q3 2025 results: $1.2M revenue, $11M backlog, $166M validated pipeline
  • (Jan 2025) Announced six-figure sole-source contract from Department of Justice for Acropolis platform

Open the full interactive Airship AI Holdings, Inc. report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →