Airship AI Holding's Inc. (AISP) AI Solutions Attract 16 Federal Contracts

Airship AI Holdings Inc. (NASDAQ:AISP) is one of the best AI stocks to buy under $20. On October 6, the company announced it has secured 16 individual contracts from government agencies, including the Department of Justice and the Department of Homeland Security.

The contracts are to leverage Airship’s AI-driven video, sensor, and data management surveillance solutions to enhance public safety and investigative capabilities. The 16 federal contracts underscore demand for the company’s solutions, ranging from advanced edge analytics to datacenter- and cloud-based AI capabilities.

“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, AI is proving to be an essential force multiplier for law enforcement, delivering greater operational efficiency, enhanced accuracy, and improved threat detection, particularly along the border.”

Airship AI Holdings Inc. (NASDAQ:AISP) provides AI-driven surveillance and data management platforms for government, defense, and commercial organizations. Its technology analyzes data from various sources, like video cameras and sensors, to “structure” it by identifying and extracting key information, such as license plates or aircraft tail numbers.

While we acknowledge the potential of AISP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.