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PALO ALTO - Cloudastructure, Inc. (NASDAQ:CSAI), a $30.6 million market cap provider of AI surveillance and remote guarding services with impressive revenue growth of 187% over the last twelve months, announced on Friday the release of a new video processing technology called MotionGi for its Cloud Video Recorders (CVRs). According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates.
According to a company press release, the new technology reduces bandwidth requirements by eliminating the need for transcoding while also lowering CPU utilization. This allows customers to connect more cameras to each recording unit, potentially reducing deployment costs. InvestingPro data shows the company maintains a strong current ratio of 8.85, indicating solid short-term financial stability despite rapid cash burn.
The company stated that early field tests of MotionGi demonstrated up to a 50% reduction in bandwidth consumption while delivering improved video quality and uninterrupted motion capture.
Cloudastructure CEO James McCormick said the technology "not only elevates video quality and system performance today, it redefines what’s possible for the future of security technology."
The company indicated that the technology is already being rolled out and may enable future capabilities including edge-based computer vision and faster event response times. Cloudastructure’s system utilizes NVIDIA Jetson Orin technology as part of its hardware platform.
The Palo Alto-based company provides cloud-based video surveillance with AI analytics and remote guarding solutions for enterprise businesses. The firm trades on the Nasdaq under the ticker symbol CSAI.
In other recent news, Cloudastructure, Inc. reported a significant 274% growth in contract value for the first half of 2025, signing $2.69 million in contracts. This figure not only surpasses the $719,270 signed in the first half of 2024 but also exceeds the company’s full-year 2024 contract value by 79%. Additionally, Cloudastructure completed a major security project at a luxury complex ahead of schedule, installing over 100 security cameras and related equipment across residential and retail spaces. The project was finished one month earlier than the planned 12-week timeline. In corporate governance developments, the company has amended its bylaws and code of ethics following board approval. These changes, effective June 27, include updates to procedures for stockholder meetings and regulations for proxy use. The amendments aim to align with the needs of a public operating company. These recent developments reflect Cloudastructure’s ongoing growth and adaptation in its operational and corporate strategies.
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