Airship AI Stock Soars 85% on $14M Defense Contract
• Airship AI's stock soars over 85% on news of a contract with the U.S. Department of Justice • The company provides AI-powered video and data management platforms for law enforcement and defense • Airship AI went public in late 2022 via a SPAC merger and has a current market cap around $83 million • The company generated $14.5 million in 2022 revenue with positive EBITDA • Other AI stocks like SoundHound AI and C3.ai slipped Tuesday, though have seen investor enthusiasm recently