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Castellum, Inc. to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Virtual Conference Presented by Maxim Group LLC on Tuesday, June 3rd – Thursday, June 5th at 9:00 a.m. EDT
GlobeNewswire· 2025-06-02 10:45
Group 1 - Castellum, Inc. will participate in the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow" hosted by Maxim Group LLC from June 3rd to June 5th at 9:00 a.m. EDT [1][4] - The conference will focus on the rapid evolution of technology and its disruptive impact across various industries, including healthcare, drones, consumer IoT, business solutions, and gaming & entertainment [2] - Emerging growth companies will discuss their advancements in Quantum Computing and Artificial Intelligence (AI) to prepare for future opportunities [2] Group 2 - Glen Ives, the CEO of Castellum, Inc., has been invited to present at the conference, highlighting the company's focus on cybersecurity, electronic warfare, and software engineering services for the federal government [4] - Maxim Group LLC is a full-service investment banking and wealth management firm that provides a range of financial services, including investment banking and equity research [5]
Castellum, Inc. Announces Information Concerning 2025 Annual Stockholders Meeting
Globenewswire· 2025-05-27 10:45
Core Points - Castellum, Inc. is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government [5][6] - The 2025 Annual Meeting of stockholders is scheduled for May 28, 2025, at 10:00 a.m. Eastern Time [1][5] - Stockholders of record as of March 21, 2025, are entitled to notice and vote at the meeting [1][5] Meeting Details - The meeting will take place at the offices of Pillsbury Winthrop Shaw Pittman LLP in Tysons, VA, and will be conducted both in person and virtually via live audio conference [2] - Stockholders can access the live audio conference call by dialing 1 (800) 715-9871 or 1 (646) 307-1963, with the conference identification number being 9842123 [2] Post-Meeting Activities - After the meeting, Castellum's management will conduct an informal presentation followed by a Q&A session [3] - A copy of the informal presentation will be available on the company's website under the "Investor" tab [3]
Castellum, Inc. Reports First Year-Over-Year Organic Revenue Growth with Q1 2025 Results
Globenewswire· 2025-05-09 10:45
Core Insights - Castellum, Inc. reported its first year-over-year organic revenue growth as a listed company, with Q1 2025 revenue reaching $11.7 million, up from $11.3 million in Q1 2024 and $10.3 million in Q4 2024, indicating a significant operational turnaround [2][4]. Financial Performance - Revenue for Q1 2025 was $11.7 million, reflecting a year-over-year increase of 3.54% from $11.3 million in Q1 2024 and a quarter-over-quarter increase of 13.59% from $10.3 million in Q4 2024 [2][4]. - The company reported a reduced operating loss of $(1.1) million in Q1 2025, an improvement from $(4.0) million in Q1 2024 and $(1.6) million in Q4 2024, showcasing better cost management and operational efficiency [3]. - Castellum ended the quarter with a cash balance of $13.3 million, an increase from $12.3 million at the end of Q4 2024, highlighting its financial strength [3]. Strategic Developments - During the quarter, Castellum began executing a $103 million contract with the U.S. Navy for the PMA-290 program, which is expected to contribute positively to its 2025 performance [5][6]. - The contract win is seen as a strategic achievement that reinforces the company's business foundation and reflects its capabilities and customer trust [6].
Castellum, Inc. Reduces Principal Balance by $2 Million on Notes Payable to Robert Eisiminger and Extends Maturity Date
Globenewswire· 2025-04-21 10:45
Castellum, Inc. Reduces Principal Balance by $2 Million on Notes Payable Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”) entered into an amendment to a letter agreement to, among other things, reduce the principal balance on two notes payable to Robert Eisiminger by $2 Million, leaving an aggregate principal balance owed of $4 million - https://castellumus.com/ VIENNA, Va., April 21, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum" or "CTM"), a cybersecurity, elect ...
Castellum, Inc.'s Subsidiary GTMR Adds Professional Services to its Current GSA MAS Contract
GlobeNewswire News Room· 2025-04-15 10:45
VIENNA, Va., April 15, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its subsidiary Global Technology and Management Resources, Inc. (“GTMR”) has added Special Item Number (“SIN”) 541611 to their existing General Services Administration (“GSA”) Multiple Award Schedule (“MAS”) contract. SIN 541611 now allows GTMR to bid on competitive contrac ...
Castellum, Inc.'s Subsidiary GTMR Adds Professional Services to its Current GSA MAS Contract
Newsfilter· 2025-04-15 10:45
VIENNA, Va., April 15, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum" or "CTM"), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its subsidiary Global Technology and Management Resources, Inc. ("GTMR") has added Special Item Number ("SIN") 541611 to their existing General Services Administration ("GSA") Multiple Award Schedule ("MAS") contract. SIN 541611 now allows GTMR to bid on competitive contrac ...
Castellum, Inc. Alerts Holders of Remaining Warrants Issued as Part of its $4.5 Million Public Offering that Closed on March 19, 2025 of Deadline to Exercise
Globenewswire· 2025-04-10 10:45
Castellum, Inc. Alerts Holders of Remaining Warrants on March 19, 2025 of Deadline to Exercise Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”) is alerting the remaining holders of 3,355,000 unexercised warrants, exercisable at $1.08 per share, that these warrants will expire on May 16, 2025 - www.castellum.us VIENNA, Va., April 10, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”), a cybersecurity, electronic warfare, and software engineering services com ...
Castellum Announces Closing of $4.5 Million Public Offering of Common Stock and Warrants
Globenewswire· 2025-03-19 10:45
Core Viewpoint - Castellum, Inc. has successfully closed a public offering of 4,500,000 Units at a price of $1.00 per Unit, raising approximately $4.5 million in gross proceeds [1][2][3]. Group 1: Offering Details - Each Unit consists of one share of common stock and one warrant to purchase one share of common stock, with warrants exercisable at $1.08 per share and expiring 60 days from issuance [1][2]. - The offering was facilitated by Maxim Group LLC, acting as the sole placement agent on a reasonable best-efforts basis [2]. Group 2: Use of Proceeds - Castellum intends to utilize the net proceeds from the offering for working capital and general corporate purposes [2]. Group 3: Regulatory Information - A shelf registration statement on Form S-3 was filed with the U.S. Securities and Exchange Commission (SEC) and became effective on January 24, 2025, allowing for the offering of the securities [3][4]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC, with final documents available on the SEC's website [4]. Group 4: Company Overview - Castellum, Inc. is a defense-oriented technology company focused on cybersecurity, electronic warfare, and software services, particularly for the federal government [1][6].
Castellum, Inc.'s Subsidiary GTMR Achieves CMMI Level 3 Appraisal
Newsfilter· 2025-03-17 10:45
Core Insights - Castellum, Inc. has achieved Maturity Level 3 in ISACA's Capability Maturity Model Integration (CMMI), enhancing its competitiveness in government proposals [1][2][3] Group 1: Company Overview - Castellum, Inc. specializes in cybersecurity, electronic warfare, and software engineering services, primarily targeting the federal government [4] - The appraisal was conducted by Advanced Network Technology Solutions, confirming the company's adherence to a defined level of performance [1][2] Group 2: CMMI Maturity Level 3 Significance - Achieving Maturity Level 3 indicates that Castellum's processes are well characterized, understood, and documented, which is essential for improving business performance [2] - This level is a requirement for certain government contracts, thus making Castellum and its subsidiaries more competitive in securing new opportunities [2][3] Group 3: Management Commentary - The Chief Operating Officer of Castellum expressed confidence that the CMMI Level 3 appraisal will enhance the company's technical evaluation scores for new opportunities requiring this certification [3]
Castellum, Inc.'s Subsidiary GTMR Achieves CMMI Level 3 Appraisal
GlobeNewswire News Room· 2025-03-17 10:45
VIENNA, Va., March 17, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that its subsidiary Global Technology and Management Resources, Inc (“GTMR”) has been appraised at maturity level 3 (“Maturity Level 3”) of ISACA’s Capability Maturity Model Integration (“CMMI®”). Advanced Network Technology Solutions performed the appraisal. CMMI is a proven, o ...