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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
[Filing Information](index=1&type=section&id=Filing%20Information) This section details the registrant's identification, filing specifics, and its status as an emerging growth company [Registrant and Filing Details](index=1&type=section&id=Registrant%20and%20Filing%20Details) This section provides the core identification details for the 8-K filing, including the registrant's legal name, jurisdiction, and contact information, along with the report date - The filing is a **Current Report on Form 8-K**, dated **August 13, 2025**[2](index=2&type=chunk) - The registrant is **CLOUDASTRUCTURE, INC.**, incorporated in Delaware, with principal executive offices in Palo Alto, California[2](index=2&type=chunk) [Securities and Exchange Information](index=1&type=section&id=Securities%20and%20Exchange%20Information) This part details the securities registered under Section 12(b) of the Act, specifying the class of stock, trading symbol, and the exchange where it is registered Securities Registered | Title of Class | Trading Symbol | Name of Exchange On Which Registered | | :------------- | :------------- | :----------------------------------- | | Class A Common Stock | CSAI | Nasdaq Capital Market | [Emerging Growth Company Status](index=1&type=section&id=Emerging%20Growth%20Company%20Status) This section indicates whether the registrant qualifies as an 'emerging growth company' and if it has elected to use the extended transition period for new accounting standards - **Cloudastructure, Inc.** is an **Emerging Growth Company**[5](index=5&type=chunk) - The registrant has not indicated whether it has elected to use the extended transition period for complying with new or revised financial accounting standards[5](index=5&type=chunk) [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section reports the announcement of the company's financial performance for the recent quarter [Announcement of Financial Results](index=2&type=section&id=Announcement%20of%20Financial%20Results) Cloudastructure, Inc. announced its financial results for the quarter ended June 30, 2025, through a press release - On **August 13, 2025**, Cloudastructure, Inc. issued a press release announcing financial results for the quarter ended **June 30, 2025**[6](index=6&type=chunk) - A copy of the press release is attached as **Exhibit 99.1** to this Current Report[6](index=6&type=chunk) [Item 9.01 Financial Statements, Pro Forma Financial Information, and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%2C%20Pro%20Forma%20Financial%20Information%2C%20and%20Exhibits) This section details the financial statements, pro forma information, and supporting exhibits included in the filing [Exhibits](index=2&type=section&id=Exhibits) This section lists the specific exhibits filed as part of the 8-K report, which include the press release and the interactive data file - The exhibits filed include a **Press Release dated August 13, 2025 (Exhibit 99.1)** and a **Cover Page Interactive File (Exhibit 104)**[9](index=9&type=chunk) [Exhibit Index](index=3&type=section&id=Exhibit%20Index) The Exhibit Index provides a formal table summarizing the exhibit numbers and their corresponding documents included in the filing Exhibit Index | Exhibit Number | Document | | :------------- | :------------------------------------------------------------ | | 99.1 | Press Release dated August 13, 2025 | | 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). | [Signatures](index=4&type=section&id=Signatures) This section confirms the official authorization and signing of the report by the registrant's designated officer [Report Signatory](index=4&type=section&id=Report%20Signatory) This section confirms the official signing of the report by an authorized officer of the registrant - The report was signed on behalf of **CLOUDASTRUCTURE, INC.** by **Greg Smitherman, Chief Financial Officer** (Principal Financial Officer and Principal Accounting Officer)[14](index=14&type=chunk) - The report was dated **August 13, 2025**[14](index=14&type=chunk)
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
Core Viewpoint - Cloudastructure, Inc. will host a conference call on August 13, 2025, to discuss its financial results for the second quarter of 2025 and provide a business update [1]. Group 1: Conference Call Details - The conference call will be accessible via telephone for U.S. callers at +1 888-506-0062 and for international callers at +1 973-528-0011, with an access code of 472349 [2]. - A webcast of the call can be accessed through the company's investor relations website [2]. Group 2: Replay Information - A replay of the webcast will be available on the investor relations section of the company's website until August 13, 2026 [3]. - A telephone replay will be available approximately one hour after the call until August 27, 2025, accessible at +1 877-481-4010 for U.S. callers and +1 919-882-2331 for international callers, using access code 52818 [3]. Group 3: Company Overview - Cloudastructure is headquartered in Palo Alto, California, and is recognized for its advanced AI Surveillance and Remote Guarding solutions [4]. - The company's platform features cloud video surveillance with proprietary AI/ML analytics, offering a scalable cloud-based architecture [4]. - Cloudastructure provides a value proposition that avoids proprietary hardware, offers contract-free month-to-month pricing, and includes unlimited 24/7 support, achieving up to a 75% lower Total Cost of Ownership compared to other systems [4].
Cloudastructure Completes Major Security Deployment One Month Ahead of Schedule at Multi-Use Luxury Complex
Globenewswire· 2025-07-29 13:00
Core Insights - Cloudastructure, Inc. achieved a record number of installations in July 2025, completing a major security deployment a month ahead of schedule, indicating strong operational execution and market demand [1][3] - Customer satisfaction remains exceptionally high, with a perfect score of 100% in surveys and a Net Promoter Score of +100, reflecting the company's ability to scale while maintaining service quality [2] - The company is expanding its certified installer network nationwide to capitalize on growing demand, with a retention rate of 98%, showcasing the effectiveness of its business model [3] Company Performance - The recent project involved approximately 375,775 square feet of multifamily residential space and 14,000 square feet of retail space, with over 100 security cameras installed, enhancing AI-powered surveillance capabilities [7] - Cloudastructure's platform combines cloud-based architecture with proprietary AI/ML analytics, offering a cost-effective upgrade that appeals to budget-conscious property owners and REITs, achieving up to 75% lower Total Cost of Ownership compared to other systems [5] Market Trends - Rising insurance premiums and tightening liability laws are driving demand for security solutions that mitigate risk and provide measurable ROI, positioning Cloudastructure as a strategic investment in safety and financial performance [3]
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]
Cloudastructure's AI and Remote Guarding Platform Achieves a More Than 98% Crime Prevention Rate Amid Rising Property Threats
Globenewswire· 2025-07-08 13:00
Core Insights - Cloudastructure's AI-driven security platform achieved a deterrence rate of over 98% for threatening activities from January to May 2025, effectively preventing incidents such as theft and trespassing before escalation [1][2][3] - The platform generated 3.28 million alerts in the first five months of 2025, with 929,019 alerts in May alone, and facilitated 13,129 live audio interventions [2][3] - The company operates in 23 U.S. states and is expanding its presence in high-need markets such as multifamily housing, commercial real estate, and construction [5][6] Company Performance - Cloudastructure's subscription-based model and proprietary AI provide a compelling alternative to traditional security solutions, especially as municipalities face shrinking police resources and rising costs for on-site security [4][6] - The company offers a scalable, end-to-end security platform that replaces outdated surveillance systems, achieving strong gross margins and recurring revenue [4][7] - The platform's proactive approach to security, which includes intelligent detection and real-time human intervention, represents a transformative shift in the industry [6][7] Market Context - The rise in property crime nationwide highlights the effectiveness of Cloudastructure's platform at a time when traditional security solutions are under pressure [2][3] - The company's technology enables clients to achieve up to a 75% lower Total Cost of Ownership compared to other systems, enhancing its value proposition [7]
Cloudastructure CEO James McCormick Featured on “The Big Biz Show”
GlobeNewswire News Room· 2025-06-30 13:00
Core Insights - Cloudastructure, Inc. is a leader in AI surveillance and remote guarding solutions, as highlighted by CEO James McCormick during an interview on "The Big Biz Show" [1][2] - The company emphasizes the integration of AI in its security solutions, which enhances the overall effectiveness and efficiency of security measures [2] - Cloudastructure's platform offers a scalable cloud-based architecture with advanced AI/ML analytics, enabling real-time situational awareness and proactive security [5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and provides a cloud video surveillance platform that does not require proprietary hardware [5] - The company offers contract-free, month-to-month pricing and unlimited 24/7 support, making it an attractive option for enterprise businesses [5] - Cloudastructure claims that its solutions can achieve up to a 75% lower Total Cost of Ownership compared to other security systems [5] Media Presence - The interview with CEO James McCormick aired on various platforms, including cable TV, streaming services, and radio, reaching an audience in 175 countries [2] - The Big Biz Show is recognized as an Emmy Award-winning program, hosted by Bob "Sully" Sullivan, which adds credibility to the company's media presence [4]
Cloudastructure Honored with “Image Processing Solution of the Year” at the AI Breakthrough Awards for Real-Time AI Security
Globenewswire· 2025-06-25 13:50
Core Insights - Cloudastructure, Inc. has been awarded the "Image Processing Solution of the Year" at the AI Breakthrough Awards, recognizing its advancements in AI surveillance and remote guarding [1][2][5] - The company achieved a deterrence rate of over 98% for threatening activities across customer properties in 2024, showcasing its effectiveness in real-world security applications [2] Company Achievements - The award highlights Cloudastructure's leadership in real-time, proactive threat detection powered by computer vision [2][5] - The company's proprietary architecture allows for processing over 300,000 videos per hour with sub-500ms latency from input to alert, indicating high efficiency in threat detection [3][4] Technological Advantages - Cloudastructure's infrastructure is designed for high availability and real-time crime prevention, moving beyond traditional forensic investigation methods [4] - The company utilizes a deep vertical integration of AI, hardware control, and human response, creating a strategic advantage that is difficult for competitors to replicate [5][8] Operational Effectiveness - The platform is designed to be profit-focused, reducing reliance on costly third-party cloud services and maximizing GPU return on investment [8] - Cloudastructure's system is market-ready for high-liability environments, such as multifamily properties, and is scalable to accommodate rapid customer growth without compromising performance [8] Future Outlook - The recognition from the AI Breakthrough Awards validates the company's mission to create AI solutions that are technologically advanced and operationally effective, aimed at protecting people and properties from crime [5]
Cloudastructure Partners with Leading National Property Management Firm to Protect High-Profile Mixed-Use Community
Globenewswire· 2025-06-13 13:00
Core Insights - Cloudastructure, Inc. has been selected by a leading national property management firm to enhance security at a mixed-use community through its advanced AI Surveillance platform [1][2] - The property management firm is facing significant security challenges, including vehicle break-ins and unauthorized access, prompting the need for a comprehensive technology-driven solution [2] - Cloudastructure's AI-powered security platform is viewed as a foundational element for establishing new safety benchmarks across the property management firm's portfolio [3][4] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a scalable cloud-based security platform featuring cloud video surveillance and proprietary AI/ML analytics [5] - The platform provides proactive, end-to-end security with a value proposition that includes contract-free, month-to-month pricing and 24/7 support [5] - Companies utilizing Cloudastructure's solutions can achieve up to a 75% lower Total Cost of Ownership compared to other systems [5]