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Castellum, Inc. Announces $4.1 Million First New Contract Win with its Protégé, Epic Systems, Inc.
GlobeNewswire News Room· 2024-09-24 10:45
VIENNA, Va., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum"), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that teaming with its protégé Epic Systems, Inc. ("Epic"), a new $4.1 million contract award with the National Science Foundation ("NSF") supporting NSF's Administrative Services Help Desk was awarded to Epic. Castellum's subsidiary, Corvus Consulting, LLC, will have a 49% work share on ...
Castellum, Inc. Promotes Drew Merriman to Chief Operating Officer
GlobeNewswire News Room· 2024-09-03 10:45
VIENNA, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Company") ("Castellum"), a cybersecurity, electronic warfare, and software services company focused on the federal government, announces Andrew ("Drew") Merriman's promotion to Chief Operating Officer ("COO"), effective September 1, 2024. Mr. Merriman fills Castellum's vacancy created by Glen Ives' promotion to Chief Executive Officer ("CEO") on July 1, 2024. "Drew is an exceptionally talented executive with deep technica ...
Castellum, Inc. Announces Higher Sequential Revenue, Positive Adjusted EBITDA, and Smaller Net Loss for Q2 2024
GlobeNewswire News Room· 2024-08-09 10:45
VIENNA, Va., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. ("Castellum" or the "Company") (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, announces highlights of its operating results for its second quarter ended June 30, 2024. Revenue for the second quarter of 2024 was $11.5 million, up sequentially from $11.3 million during the first quarter of 2024. Gross profit was $4.7 million compared to $4.5 million during the first quart ...
Why Is Castellum (CTM) Stock Moving Today?
Investor Place· 2024-07-22 15:03
Castellum (NYSEMKT:CTM) stock is taking off on Monday after the cybersecurity company announced a strategic alliance with Krilla Kaleiwahea. Castellum is a long-time partner of the U.S. government working alongside the Department of Defense (DOD). With this alliance, it can work with Krilla Kaleiwahea, which offers its eligibility status as a Native Hawaiian government contractor. The result of these two working together is contracts of up to $100 million. Castellum will also benefit from the experience of ...
Castellum, Inc. Announces Strategic Alliance with K2
Newsfilter· 2024-07-22 10:45
The strategic alliance leverages Castellum's deep experience, and through its subsidiaries, many decades of serving the U.S. Government, with K2's experienced leadership team as well as its eligibility status as a Native Hawaiian government contractor, the relationship enables for set-aside department of defense ("DOD") work of up to $100 million. "Castellum is an ideal partner for us as we look to expand our capabilities and reach into the U.S. government," said Peter Krilla, Co-Founder of K2. "Castellum h ...
Castellum, Inc. Announces Strategic Alliance with K2
GlobeNewswire News Room· 2024-07-22 10:45
K2 is an 8(a) Native Hawaiian Organization bringing a world-class team with decades of combined government, military, and corporate experience to impactful government projects across the globe. K2 is committed to excellence and passionate about taking on meaningful projects that contribute positively to our clients, communities, and the world - www.k2-nho.com. "We are very pleased to announce this important alliance with K2," said Glen Ives, President and Chief Executive Officer of Castellum, Inc. "Our comb ...
Castellum, Inc. Issues Letter to Shareholders
GlobeNewswire News Room· 2024-07-17 10:45
Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forwardlooking statements represent the Company's expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as "expected," "estimate," "project," "believe," "anticipate," "shooting to," "intend," "in a position," ...
Castellum, Inc. Issues Letter to Shareholders
Newsfilter· 2024-07-17 10:45
Dear Fellow Shareholders: VIENNA, Va., July 17, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (the "Company" or "Castellum") (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, releases this letter to shareholders from Chief Executive Officer ("CEO"), Glen Ives. This letter represents my first formal communication with you since I was appointed CEO by the Board of our Company earlier this month. I am greatly honored by the appointment and fe ...
Castellum, Inc. Retires Bank Term Loan Early
GlobeNewswire News Room· 2024-07-10 10:45
Castellum's total outstanding debt has been reduced to $10.3 million and is expected to continue to decrease as, starting in September 2024, the Company will begin making monthly principal payments on the Buckhout Charitable Trust promissory note. This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forwardlooking statements represent the Company's expectations o ...
Castellum, Inc. Retires Bank Term Loan Early
Newsfilter· 2024-07-10 10:45
"We are pleased to make this early payoff to Live Oak Bank of our term loan," said Glen Ives, Castellum's CEO. "This step reduces our future interest expense and frees up resources for growth," he added. Contact: info@castellumus.com Glen R. Ives, Chief Executive Officer (703) 752-6157 Castellum, Inc. is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government - http://castellumus.com. Castellum's total outstanding debt has been reduced to $10.3 millio ...