Airship AI shares surge 16.88% after-hours on $11M federal law enforcement contract awards.

Airship AI Holdings, Inc. (AISP) surged 16.88% in after-hours trading following a GlobeNewswire announcement that the company secured 16 federal contracts for its AI solutions. The contracts, awarded by U.S. federal law enforcement agencies, totaled $11.0 million in firm fixed-price awards, signaling strong demand for its technology in government sectors. This development reinforces the company’s growth trajectory and validates its strategic focus on AI-driven services, likely boosting investor confidence. Earlier in the day, AISP reported third-quarter financial results, but the post-market rally appears primarily driven by the new contract wins, which highlight potential revenue expansion and operational momentum.