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Castellum: Upside Might Be There In A Few Years, But Now I'm Still Cautious
Seeking Alpha· 2025-01-17 18:35
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CWQXY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advi ...
Castellum Announces the Award of a $3.2 million Contract to its Specialty Systems, Inc. Subsidiary
GlobeNewswire News Room· 2025-01-14 11:45
Core News Summary - Castellum Inc's subsidiary, Specialty Systems Inc, has been awarded a $3 2 million, 18-month contract to enhance the Cyber-Supply Chain Risk Management (C-SCRM) capabilities for the Naval Air Warfare Center Aircraft Division - Lakehurst [1] - The contract focuses on improving the Aircraft Launch and Recovery Equipment (ALRE) mission systems' software and hardware supply chain management through an automated enterprise ALRE Cyber Signature Assessment (ACSA) framework [1] - The initiative aims to address the growing importance of cybersecurity and system integrity across the supply chain [1] Contract Details - The Naval Air Systems Command (NAVAIR) identified the need for an integrated and automated Software Composition Analysis (SCA) and component inspection framework to strengthen oversight of mission system components [2] - The proposed solution leverages Artificial Intelligence and Machine Learning (AI/ML) to create a holistic C-SCRM digital thread spanning the entire product lifecycle of ALRE mission systems [2] - The solution integrates SCA with advanced component inspection technology capable of detecting tampering at all levels, including hardware, firmware, and software [2] Company Perspective - Castellum's CEO, Glen Ives, expressed excitement about the opportunity to develop cutting-edge cybersecurity solutions using AI/ML for mission-critical customers [3] - The ACSA framework is expected to ensure the integrity of ALRE systems and components throughout the supply chain lifecycle, contributing to secure and efficient defense operations [3] - The company highlighted its team's expertise and dedication in delivering world-class technology solutions for national security needs [3] Company Overview - Castellum Inc is a cybersecurity, electronic warfare, and software engineering services company primarily focused on serving the federal government [4]
Castellum, Inc.'s SBA Protégés Successfully Onboard to SeaPort-NxG Contract
Newsfilter· 2025-01-08 11:45
VIENNA, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum"), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has successfully helped onboard its two Small Business Administration ("SBA") approved mentor-protégé companies ("Mentor-Protégé"), Epic Systems, Inc. ("Epic") and Krilla Kaleiwahea, LLC ("K2"), to its Seaport Next Generation contract ("SeaPort-NxG") via rolling admissions II. Cas ...
Castellum, Inc.'s SBA Protégés Successfully Onboard to SeaPort-NxG Contract
GlobeNewswire News Room· 2025-01-08 11:45
VIENNA, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has successfully helped onboard its two Small Business Administration (“SBA”) approved mentor-protégé companies (“Mentor-Protégé”), Epic Systems, Inc. (“Epic”) and Krilla Kaleiwahea, LLC (“K2”), to its Seaport Next Generation contract (“SeaPort-NxG”) via rolling admissions II. Cas ...
Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock
GlobeNewswire· 2024-12-27 14:00
Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the pricing of its previously announced public offering of 4,355,000 shares of its common stock at a public offering price of $0.85 per share - http://castellumus.com/ VIENNA, Va., Dec. 27, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (the “Company ...
Castellum, Inc. Announces Proposed Public Offering of Common Stock
Newsfilter· 2024-12-27 01:00
VIENNA, Va., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (the "Company" or "Castellum"), a cybersecurity, electronic warfare, and software services company focused on the federal government, announces that it intends to offer and sell shares of its common stock in a public offering. Castellum is offering all of the shares of common stock. The Company initially intends to use the net proceeds of the offering for working capital and general corporate purposes. Consummation of the of ...
Castellum, Inc. Announces Pricing of $3.6 Million Registered Direct Offering
GlobeNewswire· 2024-12-23 11:50
Castellum, Inc. Announces Pricing of $3.6 Million Registered Direct Offering Castellum, Inc. (the “Company”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced that it has entered into a securities purchase agreement with several institutional investors to purchase 9,473,700 shares of common stock in a registered direct offering. The shares of common stock are being sold at an offering price of $0.38 per share - http ...
Castellum, Inc. Wins OASIS+ Unrestricted IDIQ Contract
GlobeNewswire· 2024-12-23 11:45
Castellum, Inc. Wins OASIS+ Unrestricted IDIQ Contract Castellum, Inc. (NYSE-American: CTM) (“Castellum”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its subsidiary Specialty Systems, Inc., teaming with Castellum’s other two subsidiaries Corvus Consulting, LLC and Global Technology and Management Resources, Inc., was awarded all four unrestricted domains upon which it submitted proposals - https://castellumus.com/ VIEN ...
Polyrizon Enters into GMP Manufacturing Agreement for CTM Supply of its PL-14 Allergy Blocker in Preparation for Planned 2025 Clinical Trial
GlobeNewswire News Room· 2024-12-02 13:02
The engagement with an EU-based GMP manufacturing facility enables timely production and preparation for clinical trial. The EU-based GMP manufacturer has large-scale commercial production capabilities, to support Polyrizon in future commercialization efforts Raanana, Israel, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Polyrizon Ltd. (the "Company" or "Polyrizon"), a development stage biotech company specializing in the development of innovative intranasal hydrogels, announces today the signing of a manufacturing agr ...
Castellum, Inc. Announces $11.6 Million Higher Sequential Revenue and Gross Profits for Q3 2024
GlobeNewswire News Room· 2024-11-04 11:45
Financial Performance - Revenue for Q3 2024 was $11.6 million, showing sequential growth from $11.5 million in Q2 and $11.3 million in Q1 2024 [2] - Gross profit for Q3 2024 reached $5.0 million, up from $4.7 million in Q2 and $4.5 million in Q1 2024 [2] Company Strategy and Outlook - The company is focused on securing new contracts to drive significant growth and improve quarterly and long-term performance [3] - Strategic investments are being made to strengthen new business growth capabilities and secure new contracts [3] - The company aims to leverage its strong mission, technical capabilities, and past performance to achieve growth [3] Company Overview - Castellum, Inc is a cybersecurity, electronic warfare, and software engineering services company primarily serving the federal government [4] Contact Information - Glen Ives serves as the President and Chief Executive Officer of Castellum, Inc [6] - Contact details include phone number (703) 752-6157 and email info@castellumus.com [6]