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Airship AI initiated with a Buy at Roth MKM

Roth MKM initiated coverage of Airship AI with a Buy rating and $12 price target. Airship AI is an early artificial intelligence management platform leader that ingests unstructured edge data to drive actionable real time intelligence, typically in safety and security applications for both government and commercial customers, the analyst tells investors in a research note. The firm says that after budgetary driven delays in 2023, the company’s sales are poised to accelerate in 2024 supported by recent wins and a near-term $120M opportunity pipeline.

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