STOCK TITAN

Cloudastructure Inc. to Present at Maxim Group’s “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” June 3rd –June 5th

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
conferences
Cloudastructure (NASDAQ: CSAI), an AI surveillance and remote guarding solutions provider, will present at Maxim Group's '2025 Virtual Tech Conference' from June 3-5, 2025. CEO James McCormick will participate in a fireside chat on June 4 at 4:30 PM ET. The conference focuses on emerging technologies like Quantum Computing and AI across various industries. Cloudastructure has shown significant growth since its Nasdaq listing in January 2025, reporting a 212% YoY revenue increase in Q1 2025 and achieving positive gross profit. The company secured its largest contract in the luxury multifamily sector, expanded into HUD and affordable housing markets, and launched Alpha™ mobile surveillance trailer for construction sites.
Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – CSAI

-6.23%
1 alert
-6.23% News Effect

On the day this news was published, CSAI declined 6.23%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

PALO ALTO, CA, June 02, 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 that James McCormick, CEO of Cloudastructure has been invited to present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, Tuesday, June 3rd – Thursday, June 5th. The Company will take part in a fireside chat on June 4, 2025, at 4:30 PM ET.

The rapid evolution of technology is paving the way for disruption across all industries, including healthcare, drones, consumer IoT, business solutions, gaming & entertainment, and more. Maxim’s 2025 Virtual Tech Conference will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future. Maxim Senior Analysts will facilitate engaging dialogues with CEOs and key management of diverse companies with a focus on technology and how it will impact and grow their business.

The Company plans to highlight the traction it has developed since its Nasdaq listing in January. In the first quarter of 2025 alone, Cloudastructure reported a 212% year-over-year increase in revenue, achieved a positive gross profit, and secured the largest contract in its history within the luxury multifamily sector. Additionally, the Company expanded its footprint in the HUD and affordable housing markets through partnerships with nonprofit housing providers and entered the construction industry with the launch of its Alpha™ mobile surveillance trailer, designed to meet the complex security needs of high-risk job sites. These developments underscore the Company's accelerating momentum and its ability to scale across multiple verticals through AI-powered innovation and a high-margin, recurring revenue model.

This conference will be live on M-Vest. To attend, sign up to become an M-Vest member.
      
Click here to learn more and reserve your seat.

About Maxim Group LLC    

Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit maximgrp.com.

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/.

Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
Kathleen@cloudastructure.com 
(704) 574-3732

Investor Contact:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com


FAQ

When is Cloudastructure (CSAI) presenting at Maxim Group's Virtual Tech Conference 2025?

Cloudastructure will participate in a fireside chat on June 4, 2025, at 4:30 PM ET as part of the conference running from June 3-5, 2025.

What was Cloudastructure's (CSAI) revenue growth in Q1 2025?

Cloudastructure reported a 212% year-over-year increase in revenue for the first quarter of 2025.

What new markets has Cloudastructure (CSAI) expanded into recently?

Cloudastructure has expanded into the HUD and affordable housing markets through partnerships with nonprofit housing providers, and entered the construction industry with its Alpha™ mobile surveillance trailer.

When did Cloudastructure (CSAI) get listed on Nasdaq?

Cloudastructure was listed on Nasdaq in January 2025.

What is Cloudastructure's (CSAI) new product for construction sites?

Cloudastructure launched the Alpha™ mobile surveillance trailer, designed for security needs of high-risk construction job sites.