Acoustic levitation is an attractive and versatile technique that offers several advantages in terms of particle size, range, reconfigurability, and ease of use with respect to alternative levitating techniques. In this paper, we study the use of active damping to improve the response time and positioning precision of an acoustic levitator operating in air. We use a laser Doppler vibrometer to measure the velocity of a levitated particle. Using this information, a control algorithm is designed and implemented to provide active damping. By system identification and modeling, we demonstrate that the active damper mechanism is well-predictable by models and can be electronically reconfigured and controlled.