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Castellum, Inc. (Symbol: CTM) is a prominent provider of cutting-edge information technology services, catering to various sectors such as financial services, healthcare, and users of extensive data applications. The company excels in offering a broad spectrum of services, including intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity policy support, data analytics, and Model-Based Systems Engineering (MBSE).
Castellum continuously innovates and enhances its capabilities organically while strategically acquiring technology firms. These acquisitions focus on fields like cybersecurity, information technology, electronic warfare, information warfare, and information operations. As a result, Castellum has secured a significant presence across defense, federal, civilian, and commercial markets.
In recent developments, Castellum has reinforced its market position through several key acquisitions and technological advancements. The company's growth strategy emphasizes both organic growth and strategic acquisitions, thereby expanding its suite of services and market reach.
The company remains committed to providing top-tier services and solutions, ensuring robust data security and operational efficiency for its clients. With a strong financial standing and a dedicated team of experts, Castellum is well-positioned to continue its trajectory of growth and innovation in the tech industry.
BETHESDA, Md., April 26, 2023 – Castellum (NYSE-American: CTM) announced that EF Hutton has initiated research coverage with a “Buy” rating. CEO Mark Fuller expressed enthusiasm about this coverage, which follows their previous assistance during Castellum's uplisting in October.
Castellum aims to grow its business aggressively through both organic growth and acquisitions, with one non-binding letter of intent under consideration and discussions with multiple companies for potential transactions. The company is tracking and converting several growth opportunities into revenue this year. Forward-looking statements in the release highlight the inherent uncertainty in achieving these goals, emphasizing the need for caution regarding the non-binding acquisition prospects.
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