Cloudastructure Inc-A(CSAI)
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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]
Cloudastructure Inc. to Present at Maxim Group's “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” June 3rd –June 5th
GlobeNewswire News Room· 2025-06-02 13:00
Company Highlights - Cloudastructure, Inc. has been invited to present at the "2025 Virtual Tech Conference" hosted by Maxim Group LLC, with a fireside chat scheduled for June 4, 2025 [1] - Since its Nasdaq listing in January 2025, Cloudastructure reported a 212% year-over-year increase in revenue for Q1 2025, achieved a positive gross profit, and secured its largest contract in the luxury multifamily sector [3] - The company has expanded into the HUD and affordable housing markets through partnerships with nonprofit housing providers and has entered the construction industry with the launch of its Alpha™ mobile surveillance trailer [3] - Cloudastructure's security platform features a scalable cloud-based architecture with AI/ML analytics, offering a lower Total Cost of Ownership by up to 75% compared to other systems [6] Industry Context - The 2025 Virtual Tech Conference will explore the impact of emerging technologies such as Quantum Computing and Artificial Intelligence across various industries, including healthcare, drones, consumer IoT, and gaming [2] - The conference aims to facilitate discussions between senior analysts and CEOs of growth companies, focusing on technology's role in business expansion [2]
Cloudastructure Expands Presence in HUD and Affordable Housing Markets; Adds Remote Guarding Across Four Mixed-Income Communities
Globenewswire· 2025-05-28 13:00
Core Insights - Cloudastructure, Inc. has been selected as the security partner for four multifamily communities operated by a Colorado-based nonprofit housing authority, marking an expansion into HUD Housing Choice and affordable housing programs [1][2] - The communities have faced security challenges such as loitering and illegal dumping, prompting the adoption of Cloudastructure's AI-powered Remote Guarding solution for proactive threat deterrence and real-time intervention [2][5] - The implementation of the Remote Guarding solution is expected to deter 98% of all threatening activity, showcasing the effectiveness of Cloudastructure's technology [5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform that integrates AI/ML analytics with video surveillance, providing a scalable and cost-effective security solution [3] - The company emphasizes a lower Total Cost of Ownership, claiming up to 75% savings compared to other systems, and offers contract-free, month-to-month pricing with 24/7 support [3] Commitment to Affordable Housing - Cloudastructure has provided special pricing to the nonprofit housing authority to enhance safety and compliance in underserved neighborhoods, demonstrating a commitment to affordable housing initiatives [5] - Two of the four properties will utilize Cloudastructure's new financing program, allowing for improved security without significant upfront costs [5]
Cloudastructure Expands into Construction Market with Initial Sales of Mobile Surveillance Trailer Alpha™
Globenewswire· 2025-05-21 13:00
Core Insights - Cloudastructure has made its first sale of the Mobile Surveillance Trailer Alpha™, marking its entry into the construction sector and expanding its total addressable market (TAM) [1][5] - The company’s AI-powered mobile surveillance solutions are designed to address the growing concerns of theft and vandalism in high-risk job sites, particularly in the construction industry [1][4] Company Developments - The customer, a national contractor in renewable energy, selected Cloudastructure for its reliable live monitoring capabilities, which outperformed their previous provider [2] - The Mobile Surveillance Trailer Alpha™ offers features that are critical for installations in rural areas, including rapid response capabilities [2] Industry Context - Construction site theft is a significant issue, with annual losses estimated between $300 million and $1 billion, and recovery rates for stolen equipment are below 25% [3] - As insurance companies increase scrutiny and premiums for at-risk sites, there is a growing demand for smarter security solutions [4] Product Features - Cloudastructure's mobile surveillance trailer provides 24/7 protection with AI detection and human intervention, achieving a 98% deterrence rate [4] - The platform offers a centralized cloud-based portal for managing surveillance across multiple sites, along with features like real-time AI threat detection and proactive remote guarding [6][7] Market Positioning - The sale of the Mobile Surveillance Trailer Alpha™ validates the demand for flexible, mobile surveillance solutions in underserved markets [5] - Cloudastructure aims to capture market share through its high-margin, recurring revenue model, especially as costs related to theft and insurance continue to rise [5]