Cloudastructure secures its largest contract, becoming the exclusive surveillance partner for a luxury property in Houston.
Quiver AI Summary
Cloudastructure, Inc., a leader in AI surveillance and remote guarding solutions, has announced its largest customer contract to date with a prominent global real estate investment firm. The contract designates Cloudastructure as the exclusive surveillance partner for a luxury high-rise property in Houston, Texas, highlighting the demand for advanced AI-powered security in the real estate sector. The agreement entails the deployment of Cloudastructure's full suite of security solutions, providing round-the-clock monitoring and real-time threat response. This partnership signifies a shift in the industry towards scalable, intelligent security systems, with Cloudastructure positioning itself at the forefront of this trend. The company's innovative platform offers significant operational efficiencies and a lower total cost of ownership compared to traditional systems, making it a compelling choice for institutional real estate owners.
Potential Positives
- Cloudastructure has secured the largest customer contract in its history with a premier global real estate investment and asset management firm, marking a significant milestone in the company's growth.
- The contract allows Cloudastructure to deploy its advanced AI-powered security solutions for a flagship luxury high-rise property, reinforcing its market position in the luxury real estate sector.
- This latest deal underscores rising investor confidence in AI-powered surveillance technologies and highlights the accelerating demand for cloud-based solutions in the real estate industry.
- Cloudastructure’s platform promises operational efficiency and lower total cost of ownership compared to traditional systems, further enhancing its value proposition in the security market.
Potential Negatives
- While the contract represents a major milestone, the reliance on forward-looking statements may raise concerns among investors about the uncertainty of future performance and outcomes.
- The notice of potential risks and uncertainties associated with forward-looking statements may create apprehension regarding the company's projected growth and stability in the rapidly evolving AI surveillance market.
- The press release does not provide specific financial details about the contract or projected revenues, potentially leaving investors without key information necessary to evaluate the company's financial health and growth trajectory.
FAQ
What is Cloudastructure's latest customer contract about?
Cloudastructure has secured its largest contract with a global real estate firm for AI surveillance in a luxury property in Houston.
How does Cloudastructure enhance physical security?
The company provides AI-driven surveillance solutions that offer real-time intelligence and response, moving beyond traditional security measures.
What solutions will Cloudastructure deploy under the new contract?
Cloudastructure will use its smart surveillance cameras, remote guarding software, and a cloud platform for 24/7 monitoring and threat response.
What does this contract mean for the real estate industry?
This agreement highlights a shift towards advanced AI surveillance technologies, reflecting increased demand for improved security in real estate.
Where is Cloudastructure headquartered?
Cloudastructure is headquartered in Palo Alto, California, where it develops advanced AI surveillance and remote guarding solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
PALO ALTO, CA, May 07, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“we,” “us,” “our,” “Cloudastructure” or the “Company”) a recognized leader in AI surveillance and remote guarding solutions, today announced the largest customer contract in its history – securing a deal with a premier global real estate investment and asset management firm.
The client, an internationally renowned leader in luxury multifamily development and investment has selected Cloudastructure as its exclusive surveillance partner for a flagship Class-A high-rise property in Houston, Texas. This premier development - designed to set a new standard of luxury urban living—will now be safeguarded by Cloudastructure’s advanced AI-powered security solution, reinforcing the critical role of intelligent surveillance in luxury real estate.
The agreement marks a major milestone in Cloudastructure’s growth trajectory, highlighting the accelerating demand for cloud-based, AI-powered surveillance solutions across the real estate sector. Under the terms of the deal, Cloudastructure will deploy its full suite of security solutions, including remote guarding software, smart surveillance cameras, and integrated cloud platform, providing continuous 24/7 monitoring and real-time threat response to ensure unmatched protection and operational efficiency.
“This contract marks an inflection point—not just for Cloudastructure, but for the real estate industry at large and its evolving approach to physical security,” said Lauren OBrien, CRO of Cloudastructure. “Forward-thinking owners and operators are moving beyond outdated CCTV and guards towards scalable, AI-driven solutions that deliver real-time intelligence and response. We are extremely proud to be at the forefront of this transformation.”
This latest win builds on a series of major wins for Cloudastructure in the multifamily sector and underscores rising investor confidence in AI-powered surveillance technologies. Cloudastructure’s proprietary platform, designed for centralized monitoring across multiple sites and real-time incident response, is proving to be especially appealing to institutional owners managing Class A and B assets across multiple geographies where operational efficiency and regulatory compliance are paramount.
ABOUT CLOUDASTRUCTURE
Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/ .
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statement expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Factors that could cause or contribute to such differences include the risks and uncertainties discussed in the reports that the Company has filed with the SEC, such as its Annual Report on Form 10-K. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
[email protected]
(704) 574-3732
Investor Contact:
Crescendo Communications, LLC
212-671-1020
[email protected]