The problem
Operators of airspace, grids and defense logistics react to disruptions manually, one screen at a time, instead of seeing them coming
What they do
AI decision software that forecasts and orchestrates air traffic, military logistics and power grids
Traction $875M 12-yr FAA program of record, $99M Army contract; Delta, United, Alaska, National Grid customers
Hiring trend
- Open roles
- 32
- Ops roles
- 4
- Headcount
- ~250-295
Headcount ~130 (Sep 2025) → ~254 (Aug 2026, Tracxn), LinkedIn ~295 (+129% YoY); CEO targets 250+; 32 open roles
Glassdoor
4.7 ★ 9 reviews ↗Funding
- Last round
- $325M
- Stage
- Series C
- Date
- Oct 2026
Led by Spark Capital
- Hiring+232 open roles on the live job board (30+ roles = +2)
- Funding recency+2Series C · $325M, Oct 2026 (this month): 6 months or less = +1.5, $100M+ round +0.5
- Traction+1.5Strong growth: $875M 12-yr FAA program of record, $99M Army contract; Delta, United, Alaska, National Grid customers
- Red flags−11 significant flag in the last 24 months, −1 eachPolitical scrutiny of its flagship FAA contract: 25 lawmakers asked the FAA (Oct 2026) to pause the SMART tool live at DC-area airports since Sep 21, 23 House T&I Democrats asked GAO to audit SMART/FMDS, and the FAA is negotiating an unprecedented equity warrant in ASI. Revenue is concentrated in federal contracts.Reuters: Lawmakers ask FAA to pause new AI tool in DC-area flight management (Oct 2026) ↗ · House T&I Democrats request GAO audit of FAA's SMART and FMDS (Oct 2026) ↗ · FLYING: FAA seeks ownership stake in ATC contractor ASI (Oct 2026) ↗
- Total4.52 + 2 + 1.5 − 1 = 4.5 → Race (4.25–4.74)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
A 12-year, $875M FAA program of record plus Army/Air Force and airline deployments make it the leading new entrant in AI air traffic and mission planning, but revenue leans on federal contracts under political scrutiny, and Palantir, Anduril and legacy primes compete for the same defense budgets.
Sources: Reuters: FAA taps ASI for $875M software overhaul (Jun 2026) ↗ · ASI: $325M Series C at $3B (Oct 2026) ↗
Watch-outs
Political scrutiny of its flagship FAA contract: 25 lawmakers asked the FAA (Oct 2026) to pause the SMART tool live at DC-area airports since Sep 21, 23 House T&I Democrats asked GAO to audit SMART/FMDS, and the FAA is negotiating an unprecedented equity warrant in ASI. Revenue is concentrated in federal contracts.
Sources: Reuters: Lawmakers ask FAA to pause new AI tool in DC-area flight management (Oct 2026) ↗ · House T&I Democrats request GAO audit of FAA's SMART and FMDS (Oct 2026) ↗ · FLYING: FAA seeks ownership stake in ATC contractor ASI (Oct 2026) ↗
Last checked Oct 26, 2026