Castellum Inc Stock Price, News & Analysis

Castellum (NYSE-American: CTM), a cybersecurity and electronic warfare services company, has announced significant warrant exercises following their June 2025 public offering. Investors have exercised 3,673,666 warrants at $1.22 per share, generating total gross proceeds of $4.48 million.

The warrant exercises stem from CTM's June 12 public offering of 4,166,667 units, where each unit included one common stock share and one warrant. This additional capital is expected to strengthen the company's balance sheet and support growth initiatives heading into 2026.

Castellum (NYSE-American: CTM), a cybersecurity and software services company focused on federal government contracts, has announced a strategic reseller partnership with Quarrio Corporation. The collaboration aims to provide Quarrio's TrustworthyAI™ technology to government clients, offering accurate, consistent, verifiable, and secure artificial intelligence solutions.

Through this partnership, Castellum will integrate Quarrio's agentic AI platform into its advanced technology products subsidiary. The platform specializes in information retrieval, KPI monitoring, and automation of actions, designed to enhance decision-making processes within government organizations.

Castellum (NYSE-American: CTM), a cybersecurity and electronic warfare services provider, reported strong Q2 2025 financial results with several notable achievements. The company posted record quarterly revenue of $14.0 million, representing a 19.7% increase from Q1 2025 and a 21.7% rise year-over-year.

Key highlights include a significant debt reduction of $3.7 million, improved operating performance with losses narrowing to $(0.4) million from $(6.0) million in Q2 2024, and a record cash balance of $14.7 million. The company also generated $0.5 million in adjusted EBITDA, excluding non-cash and one-time items.

Castellum (NYSE-American: CTM), a cybersecurity and electronic warfare services provider, has announced a significant debt reduction of $2 million on a note payable to Robert Eisiminger, leaving a remaining principal balance of $2 million.

The company's total long-term debt has been reduced to less than $3 million, marking a substantial improvement from the previous year. This strategic debt reduction aligns with CTM's organic growth strategy and aims to enhance its business development capabilities for securing major prime contracts.

Castellum (NYSE-American: CTM), a cybersecurity and defense technology company, released a shareholder letter from CEO Glen Ives marking his first year of leadership. The company has successfully transitioned from Phase 1 "start-up" period to Phase 2, focusing on organic growth. Key achievements include: raising over $16 million through public offerings, reducing long-term debt to under $5 million, and winning their largest prime contract worth $103.3 million for Naval Air Systems Command support.

The company has established new strategic partnerships through mentor-protégé relationships, launched an advanced technology products subsidiary, and maintained strong contractor performance ratings. Castellum's core capabilities span software development, electronic warfare, cybersecurity, and strategic mission planning, positioning itself to become a premier defense company.

Castellum (NYSE-American: CTM) and AmpliTech Group (Nasdaq: AMPG) have announced a strategic reseller agreement through Castellum's newly formed subsidiary, Castellum Advanced Technology Products. Under this partnership, Castellum will resell AmpliTech's products, including their low noise amplifiers, to its client base.

The collaboration aims to combine Castellum's C5ISR capabilities with AmpliTech's products to enhance next-generation communications technology offerings, particularly in the government market sector.

Castellum (NYSE-American: CTM), a cybersecurity and electronic warfare solutions provider, has announced the formation of a new subsidiary, Castellum Advanced Technology Products, Inc. (CATP). This strategic initiative represents a significant expansion of Castellum's business model, focusing on developing internal technology, partnering with leading-edge tech companies, and potentially taking equity positions in companies with advanced technology relevant to Department of Defense customers.

CEO Glen Ives emphasized that advanced technology deployment is crucial for modern battlefield success. The company aims to enhance its organic growth capabilities and improve its service delivery to government clients through greater control over key products. This strategic shift is expected to drive both revenue growth and operating margin improvements.

Castellum (NYSE-American: CTM), a cybersecurity and federal government services company, has completed its previously announced public offering, raising $5.0 million in gross proceeds. The offering consisted of 4,166,667 Units priced at $1.20 per Unit, with each unit comprising one common stock share and one warrant. The warrants are exercisable immediately at $1.22 per share and expire in 60 days. Maxim Group LLC served as the sole placement agent for the offering. The company plans to use the net proceeds for working capital and general corporate purposes. The offering was conducted under a previously filed and effective shelf registration statement on Form S-3.

Castellum (NYSE-American: CTM), a cybersecurity and federal government services company, has announced pricing for its $5.0 million public offering. The company is offering 4,166,667 Units at $1.20 per Unit, with each unit comprising one common stock share and one warrant. The warrants will be exercisable immediately at $1.22 per share with a 60-day expiration period. Maxim Group LLC serves as the sole placement agent for the offering, which is expected to close around June 13, 2025. The net proceeds will be used for working capital and general corporate purposes. The offering is conducted under a previously filed shelf registration statement that became effective on January 24, 2025.