Cloudastructure wins multifamily security contract in Maryland
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Cloudastructure (NASDAQ: CSAI) announced a new enterprise partnership with a New England-based property management company to deploy its AI video surveillance and remote guarding platform across a 13-building multifamily community in Prince George's County, Maryland.
This marks the fourth major property management group in Prince George's County to contract with Cloudastructure following the county's enhanced surveillance ordinance adoption. The project integrates AI-powered video surveillance, security analytics, and remote guarding services for the multifamily community.
The deployment includes customized financing, flexible coverage tiers, and phased implementation aligned with the property's return-on-investment objectives, according to the company's press release.
Cloudastructure cited regulatory changes across multiple states as drivers for increased adoption of AI surveillance systems. In Florida, recent tort reform legislation established a presumption against negligent-security liability for multifamily property owners who implement specified crime-prevention measures, including security camera coverage at entry and exit points.
Similarly, DeKalb County, Georgia has implemented local ordinances mandating enhanced surveillance and lighting standards for certain high-risk properties.
"Property owners are no longer asking whether to invest in AI-powered video surveillance and remote guarding, but how quickly they can deploy and standardize these capabilities across their portfolios," said Chief Revenue Officer Lauren O'Brien.
The Palo Alto-based company provides cloud-based video surveillance with AI analytics and remote guarding services. Cloudastructure offers month-to-month pricing without proprietary hardware requirements.
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