Air Space Intelligence Raises $325M at $3B With $875M FAA Deal and $99M Army Contract Behind It
Summary
Boston-based ASI (formerly Air Space Intelligence) raised a $325M Series C at a $3B valuation led by Spark Capital, with Citadel Securities affiliates, Meritech, Craft, Energy Impact Partners and a16z. ASI runs forward-simulation AI for air traffic, electrical grids and military command; its contract book includes an $875M FAA National Airspace modernization deal, a $99M Army Next Gen C2 contract, and commercial customers Delta, Alaska, United and National Grid.
Originally reported by bloomberg.com
Read the original article →Original headline: Air Space Intelligence Raises $325M at $3B With $875M FAA Deal and $99M Army Contract Behind It