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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].