Cloudastructure completes luxury complex security project ahead of schedule

Published 29/07/2025, 15:02
Cloudastructure completes luxury complex security project ahead of schedule

PALO ALTO - Cloudastructure, Inc. (NASDAQ:CSAI), a $31 million market cap AI surveillance firm currently trading near its 52-week low, completed a major security deployment at a multi-use luxury complex one month ahead of the originally planned 12-week schedule, the company announced Tuesday. According to InvestingPro analysis, the company appears undervalued based on its Fair Value calculation.

The AI surveillance firm installed over 100 security cameras, speakers, and CVRs across approximately 375,775 square feet of multifamily residential space and 14,000 square feet of retail space.

July also marked a milestone for the company as it completed its highest monthly volume of installations in its history, according to the press release. To accommodate increasing demand, Cloudastructure has doubled its implementation team size with plans for further expansion.

"We’re not just scaling fast—we’re scaling with purpose," said Lauren O’Brien, Chief Revenue Officer of Cloudastructure, noting that the company has maintained a 98% customer retention rate during its growth. The company maintains a strong liquidity position with a current ratio of 7.12, indicating robust short-term financial health.

The company’s platform combines cloud-based architecture with AI analytics and remote guarding capabilities. By utilizing existing infrastructure, the system offers property owners a security solution that can be implemented without extensive hardware replacements.

Cloudastructure, headquartered in Palo Alto, California, reported that its customer satisfaction surveys in 2025 have maintained a perfect 100% rating with a Net Promoter Score of +100.

The company attributes part of its recent growth to market conditions, as property owners face rising insurance premiums and stricter liability laws that increase demand for advanced security solutions.

This information is based on a company press release statement.

In other recent news, Cloudastructure, Inc. reported a significant 274% increase in contract value for the first half of 2025, totaling $2.69 million. This figure surpasses their entire 2024 contract value of $1.5 million by 79%, marking a noteworthy achievement for the company. In another development, Cloudastructure’s board of directors approved amendments to the company’s bylaws and code of ethics. These changes, effective June 27, are aimed at aligning with the needs of a public operating company and include updates on corporate office designation and procedures for stockholder meetings. Additionally, Cloudastructure has expanded into the construction sector with the sale of its Mobile Surveillance Trailer Alpha™ to a major U.S. construction firm. This move introduces their AI-enhanced surveillance solutions to the construction industry, addressing the demand for advanced live monitoring and security. These recent developments highlight Cloudastructure’s growth and strategic initiatives in various sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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