New financing values aerospace AI startup Air Space Intelligence at approximately $300 million.
To further expand its collaboration with the Department of Defense, an AI startup focused on air travel has secured $34 million in funding, with Andreessen Horowitz leading the investment round. Air Space Intelligence Inc. has long sold its tools — dubbed Waze for flights — to commercial airlines such as Alaska Airlines. The startup’s marquee product called Flyways can help air carriers choose aircraft routes taking into account factors such as air traffic, weather and airport conditions. The new funding raises Air Space’s value to about $300 million, according to…
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