Castellum, Inc. Reduces Principal Balance by $2 Million on Note Payable to Robert Eisiminger

Core Viewpoint - Castellum, Inc. has successfully reduced its debt, demonstrating a strong commitment to financial health and strategic growth in the cybersecurity and electronic warfare sectors focused on the federal government [1][2][3]. Group 1: Debt Reduction - Castellum has reduced the principal balance on a note payable to Robert Eisiminger by $2 million, leaving an aggregate principal balance owed of $2 million [1][5]. - The company's total long-term debt is now less than $3 million, a significant improvement from the previous year [2]. Group 2: Financial Strategy and Growth - The ongoing debt reduction plan is strengthening Castellum's balance sheet and supports its commitment to organic growth [3]. - The company is well-positioned to make timely investments to enhance its business development capabilities and secure major prime contracts [3].