Air Space Intelligence (ASI) – a modern aerospace company addressing the software crisis across commercial and government sectors – recently announced the completion of a $34 million Series B funding round. This significant funding round (achieved in less than three weeks) reflects strong support from new investor Andreessen Horowitz (a16z) and existing investors, including Bloomberg Beta, Renegade Partners, and Spark Capital. The allocated funds will strategically support the company’s continuous growth, foster innovation, and solidify its presence in the government sector.
ASI pioneered the development of AI-powered air operations systems to monitor and optimize flights, offering a decision advantage from the air operation center to the dynamic environment of the flight deck. And the company is committed to rendering the National Airspace System (NAS) secure, safer, and more efficient for all stakeholders. ASI’s capability to rapidly field and operationalize mission-critical functionalities sets it apart in a time where legacy systems are faltering and struggling to scale to support new levels of operational complexity.
Showing operational success with Alaska Airlines and other major U.S. network carriers, ASI is now also making significant strides in the government sector, as evidenced by the capture of three contracts with the U.S. Air Force in the past four months.
ASI will expand operations in Washington, DC, to enhance its capabilities further strengthening the proximity to enterprise and national security stakeholders while increasing government engineering and deployment teams. And ASI aims to support the DoD in modernizing and adopting AI-powered aerospace software systems to achieve optimal mission outcomes.
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“Over the past three years, ASI has made significant progress by deploying their software to some of the most complex and critical air operations. ASI started to change how some of the largest airlines operate in the National Airspace System, and the company is now gaining traction with the DoD. We are impressed both by their execution and by the opportunity ASI has to address the software crisis in aerospace and defense.”
- David Ulevitch, General Partner at a16z
“The government contracting journey has been nothing short of remarkable. ASI’s commitment to efficiency and innovation shines through, and we’re honored by the mission focus and swift processes led by our government partners. This Series B funding serves as a testament to our shared vision for advancing aerospace software solutions.”
- Bernard Asare, Vice President of Business Development
“There is a high degree of urgency to advance air operation systems across the U.S. and its allied forces. ASI has consistently been a company that moves swiftly, and now, with the infusion of new funding, we can accelerate even further in serving our airline and government partners.”
- CEO and co-founder Phillip Buckendorf
