FAA

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The FAA is the US Federal Aviation Administration, which manages air traffic and regulates civil aviation. Recent coverage has focused on its AI programs: it plans to deploy SMART, a cloud-based air-traffic platform from Air Space Intelligence, under a roughly $875 million, 12-year contract, starting with a Washington-area pilot to predict delays. The FAA is also seeking an ownership stake in an air traffic AI company and estimates wildlife strikes cost US civil aviation about $272 million from 1990 to 2025.

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ASI raises $325M at $3B valuation

ASI founder and CEO Phillip Buckendorf said its AI helps customers such as the FAA and the military orchestrate complex systems and beat rivals including Palantir for government contracts. The company just raised $325 million at a $3 billion valuation.

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