Wednesday, April 17, 2024
HomeFunding CA-based Aerospace Company Air Space Intelligence Secures $34M in Series B...

[Funding alert] CA-based Aerospace Company Air Space Intelligence Secures $34M in Series B Round Funding

CA-based Aerospace Company Air Space Intelligence Secures $34M in Series B Round Funding. Andreessen Horowitz (a16z) and current investors Bloomberg Beta, Renegade Partners, and Spark Capital invested in the round.

With the funding, the company is interested in expanding its capabilities and operations in Washington, DC. It also wants to enhance its connections with national security and enterprise stakeholders and hire more government engineers and deployment teams.

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Air Space Intelligence, a software-first aerospace corporation under the leadership of CEO Phillip Buckendorf, works with US and allied government organisations as well as major airlines.

With the help of our Flyways AI platform, an operator can precisely and continuously make decisions that lead to effective air operations in even the most challenging and dynamic conditions by having the capabilities necessary to foresee and autonomously monitor the operational environment.

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As illustrated by the three contracts that ASI has signed with the U.S. Air Force in the last four months, the company is expanding in the government sector after demonstrating operational success with Alaska Airlines and other significant U.S. network carriers.

About Air Space Intelligence

Aerospace and defence business Air Space Intelligence (ASI) prioritises software development. To guarantee the success of the most intricate air operations worldwide, they collaborate with entities such as major airlines and government agencies from the US and its allies.

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When and where the stakes are highest, their technology gives their partners an advantage in making decisions, from air operations centres to the volatile flight deck.

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