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Cloudastructure Launches Financing Partnership to Accelerate AI Surveillance Deployment, and Expand Portfolio-Wide Security Modernization
Globenewswire· 2025-09-11 13:00
Flexible financing lowers adoption barriers, allowing property managers to upgrade security with the Company’s scalable AI solutionsPALO ALTO, CA, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) an award-winning leader in AI Surveillance and Remote Guarding, today announced a new financing partnership with a leading provider of technology and equipment financing. The agreement is designed to make Cloudastructure’s platform more ...
Cloudastructure to Present at the H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-02 13:00
PALO ALTO, Ca, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) an award-winning leader in AI Surveillance and Remote Guarding, today announced today announced that James McCormick, CEO of Cloudastructure and Greg Smitherman, the Company’s CFO, will be participating in the 27th Annual H.C. Wainwright Global Investment Conference, taking place September 8th through September 10th, 2025 at the Lotte New York Palace Hotel in New Yor ...
Cloudastructure Inc-A(CSAI) - 2025 Q2 - Quarterly Report
2025-08-14 20:18
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-42494 CLOUDASTRUCTURE, INC. (Exact name of registrant as specified in its charter) Delaware 87-0690564 (State or other jurisdiction of incorporation or organ ...
Cloudastructure and Flex Security’s Mobile Surveillance Trailer Alpha™ Wins “Project Management Solution of the Year” at 2025 PropTech Breakthrough Awards; Recognized as Breakthrough Innovation in Construction Security
Globenewswire· 2025-08-14 16:30
Proptech Breakthrough Awards Proptech Breakthrough Awards Proptech Breakthrough Awards PALO ALTO, CA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) an award-winning leader in AI Surveillance and Remote Guarding, today announced that its Alpha™ platform—developed in partnership with Flex Security, a division of RVMP®—has been named “Project Management Solution of the Year” for construction in the 5th Annual PropTech Breakth ...
Cloudastructure and Flex Security's Mobile Surveillance Trailer Alpha™ Wins “Project Management Solution of the Year” at 2025 PropTech Breakthrough Awards; Recognized as Breakthrough Innovation in Construction Security
GlobeNewswire News Room· 2025-08-14 16:30
Core Insights - Cloudastructure, Inc. has been recognized with the "Project Management Solution of the Year" award for its Alpha™ platform at the 5th Annual PropTech Breakthrough Awards, highlighting its innovative contributions to the real estate technology sector [1][7]. Company Overview - Cloudastructure specializes in AI Surveillance and Remote Guarding, offering a scalable cloud-based security platform that integrates advanced AI/ML analytics with remote guarding solutions [9]. - The company aims to provide proactive, end-to-end security solutions that significantly reduce the total cost of ownership by up to 75% compared to other systems [9]. Product Features - Alpha™ is a solar-powered, fully autonomous AI mobile surveillance trailer designed for rapid deployment and effective crime deterrence across various environments, including construction sites and storage facilities [2][4]. - Key features of Alpha™ include: - 3 HD PTZ cameras on a 27-foot mast - 24/7 live streaming capability - 450-foot infrared detection range, which is twice the industry-leading range - Advanced AI-driven analytics for enhanced threat detection [6]. Industry Context - The PropTech sector is transforming real estate by delivering greater efficiency, transparency, and sustainability through innovative technologies [7]. - The annual PropTech Breakthrough Awards program aims to recognize and inspire innovation within the industry, evaluating thousands of nominations to highlight leading technology companies and solutions [8].
Cloudastructure Inc-A(CSAI) - 2025 Q2 - Quarterly Results
2025-08-13 13:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 13, 2025 ___________________________ (Commission File Number) (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 228 Hamilton Road Palo Alto, California 94301 (Address of principal executive offices) (Zip Code) (650) 644-4160 CLOUDASTRUCTU ...
Cloudastructure Reports Record Q2 Growth Driven by 267% Revenue Increase Year-over-Year; Secures $2.7M in New Contracts and Achieves Record Installation Volumes Amid Surging Demand
GlobeNewswire News Room· 2025-08-13 13:00
Core Insights - Cloudastructure reported a 267% year-over-year revenue increase for Q2 2025, totaling $1.1 million, and achieved gross margin profitability for the second consecutive quarter [10][11] - The company signed $2.69 million in total contract value over the next 12 months, marking a 274% increase year-over-year, driven by strategic wins across various sectors [4][5] - Cloudastructure's AI security platform maintained a 98% threat deterrence rate while achieving record installation volumes, indicating strong market demand [2][8] Financial Performance - Revenue for Q2 2025 was $1.1 million, a 267% increase from $0.3 million in Q2 2024, fueled by a 58% increase in the customer base [10] - Cloud video surveillance subscription revenue grew 133%, hardware sales surged 863%, and installation services revenue climbed 167% [10][17] - Gross profit for the quarter was $0.4 million, a 274% increase from $0.1 million in Q2 2024 [11] Market Expansion - The company deepened its presence in public and affordable housing by securing a four-property deployment with a Colorado-based nonprofit housing authority [5] - Cloudastructure entered the construction vertical with the launch of its Alpha™ Mobile Surveillance Trailer, aimed at preventing job site theft and vandalism [6][8] - The company completed its highest number of installations in a single month in July 2025, reflecting operational momentum [7] Innovation and Product Development - Cloudastructure's AI-powered security platform generated 5.37 million alerts and over 59,800 live audio interventions from January to June 2025 [8] - The launch of the Alpha™ mobile surveillance trailer represents a significant advancement in the company's AI capabilities, addressing the $1 billion-plus issue of construction site theft [8][9] - The company is focused on redefining modern security by providing proactive solutions that go beyond passive monitoring [9]
Cloudastructure Inc. Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-07 13:00
PALO ALTO, CA, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") an award-winning leader in AI Surveillance and Remote Guarding, announced today that it will host a conference call on Wednesday, August 13, 2025, at 12:00 PM Eastern Time to discuss financial results for the 2025 second quarter and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or + ...
Cloudastructure Completes Major Security Deployment One Month Ahead of Schedule at Multi-Use Luxury Complex
Globenewswire· 2025-07-29 13:00
Company Sets Monthly Record for Installations in July Amid Surging Demand PALO ALTO, CA, July 29, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) ("we," "us," "our," "Cloudastructure" or the "Company") an award-winning leader in AI Surveillance and Remote Guarding, today announced the early completion of a major security deployment at a multi-use luxury complex —finishing a full month ahead of the 12-week schedule. The project included: The achievement underscores Cloudastructure's ability to ...
Cloudastructure Secures $2.69 Million in First-Half 2025 Contracts — Exceeds Full-Year 2024 Total by 79%
Globenewswire· 2025-07-15 13:00
Core Insights - Cloudastructure, Inc. has reported a significant increase in contract signings, totaling $2.69 million in the first half of 2025, which represents a 274% year-over-year growth compared to $719,270 in the first half of 2024, and a 79% increase from the total full-year 2024 contract value of $1.5 million [1][2][3] Company Performance - The company's commercial momentum in 2025 is driven by a rapidly growing demand for its AI-powered security platform, particularly in sectors such as multifamily housing, commercial real estate, and construction [2][3] - The platform has demonstrated a deterrence rate of over 98% against threatening activities, contributing to its broader adoption across key sectors [2] Market Positioning - The CEO of Cloudastructure highlighted that the company has already surpassed its full-year 2024 signed contract total within just six months, indicating strong market confidence in its technology [3] - The company is positioned to capitalize on this momentum with a cloud-based architecture, strong gross margins, and a high-ROI value proposition that replaces traditional onsite security labor [3] Customer Adoption - Existing customers are scaling deployments across their portfolios, while construction contractors are adopting the Mobile Surveillance Trailer Alpha™ as a modern alternative to outdated systems [7] - HUD and affordable housing providers are leveraging expanded Remote Guarding services to enhance safety and compliance, and mixed-use developments are implementing Cloudastructure's platform for complex security management [7]