Castellum, Inc.’s SBA Protégés Successfully Onboard to SeaPort-NxG Contract
08 January 2025 - 10:45PM
Castellum, Inc. (NYSE-American: CTM) (“Castellum”), a
cybersecurity, electronic warfare, and software engineering
services company focused on the federal government, announces that
it has successfully helped onboard its two Small Business
Administration (“SBA”) approved mentor-protégé companies
(“Mentor-Protégé”), Epic Systems, Inc. (“Epic”) and Krilla
Kaleiwahea, LLC (“K2”), to its Seaport Next Generation contract
(“SeaPort-NxG”) via rolling admissions II. Castellum
subsidiary Specialty Systems, Inc. has a strategic alliance in the
form of an SBA approved Mentor-Protégé arrangement with Epic.
Castellum subsidiary Global Technology and Management Resources,
Inc. has a strategic alliance with K2, which is pending approval by
the SBA. Information concerning these strategic alliances can be
found in our previous press releases:
- Castellum, Inc. Announces New Strategic Alliance
- Castellum, Inc. Announces Strategic Alliance with K2
The Castellum business development team assisted
both companies to successfully onboard to SeaPort-NxG. SeaPort-NxG
is the Navy Virtual SYSCOM Commanders', including NAVAIR, NAVFAC,
NAVSEA, NAVSUP, NAVWAR, and ONR, as well as Military Sealift
Command and the United States Marine Corps integrated approach to
contracting for professional support services. SeaPort-NxG’s
electronic procurement of technical, engineering, and other
professional services represent a key strategy to meeting the
United States Department of Navy contracting needs. SeaPort-NxG
preapproves a large and diverse community of contractors through a
process called rolling admissions.
“Our Castellum team has again demonstrated our
commitment to help advance and grow our Mentor Protégé companies. I
am very proud of the hard work our team put in to support our great
partners Epic and K2 to achieve these strategic milestones. These
wins open the door for us to team with our Mentor Protégé companies
to compete for 8(a), women-owned small business, and Native
Hawaiian Organization set-aside opportunities on SeaPort-NxG.
Combined with our recent OASIS+ win, we are now in a stronger
position for near term growth as we can aggressively pursue both
unrestricted and SBA opportunities,” said Glen Ives, President and
Chief Executive Officer of Castellum.
About Epic Systems, Inc.: Epic
Systems, Inc. supports the development of IT infrastructure
projects and modernizes mission-critical applications for federal
agencies. Epic provides O&M, data analytics, cloud
transformation, DevSecOps, and RPA services to clients, including
the U.S. Department of Homeland Security and Office of Biometric
Identity Management, the U.S. Customs and Border Protection, the
U.S. Department of State, the U.S. Department of Defense, and the
National Science Foundation - https://epicinfotech.com/.
About Krilla Kaleiwahea, LLC
(K2):
K2 is an 8(a) Native Hawaiian Organization
bringing a world-class team with decades of combined senior
leadership experience in government, military, and corporate
sectors to impactful government projects for the U.S. federal
government. K2 delivers advanced solutions in defense, resilience,
technology, and workforce development that empower clients to
achieve operational success in the most demanding environments -
https://www.k2-nho.com.
About Castellum, Inc.:
Castellum, Inc. (NYSE-American: CTM) is a
cybersecurity, electronic warfare, and software engineering
services company focused on the federal government -
https://castellumus.com/.
Cautionary Statement Concerning
Forward-Looking Statements:
This release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements represent the Company’s
expectations or beliefs concerning future events and can generally
be identified by the use of statements that include words such as
“estimate,” “project,” “believe,” “anticipate,” “shooting to,”
“intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,”
“goal,” “target” or similar words or phrases. Forward-looking
statements include, but are not limited to, statements regarding
the Company’s expectations for revenue growth and new customer
opportunities including opportunities arising from the SeaPort-NxG
and OASIS+ unrestricted contracts, improvements to cost structure,
and profitability. These forward-looking statements are subject to
risks, uncertainties, and other factors, many of which are outside
of the Company’s control, that could cause actual results to differ
materially from the results expressed or implied in the
forward-looking statements, including, among others: the Company’s
ability to compete against new and existing competitors; its
ability to effectively integrate and grow its acquired companies;
its ability to identify additional acquisition targets and close
additional acquisitions; the impact on the Company’s revenue due to
a delay in the U.S. Congress approving a federal budget or
continuing resolution; and the Company’s ability to maintain the
listing of its common stock on the NYSE American LLC. For a more
detailed description of these and other risk factors, please refer
to the Company’s Annual Report on Form 10-K and its Quarterly
Reports on Form 10-Q and other filings with the Securities and
Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All
forward-looking statements are inherently uncertain, based on
current expectations and assumptions concerning future events or
future performance of the Company. Readers are cautioned not to
place undue reliance on these forward-looking statements, which are
only predictions and speak only as of the date hereof. The Company
expressly disclaims any intent or obligation to update any of the
forward-looking statements made in this release or in any of its
SEC filings except as may be otherwise stated by the Company.
Contact:
Glen Ives, President and Chief Executive
Officer Phone: (703) 752-6157
Contact: Info@castellumus.com
Peter Krilla, Co-Founder
Phone: (971) 998-7349
Contact: Info@k2-nho.com
www.k2-nho.com
Nirmala Nallamala, President
Phone: (703)-373-7242 Contact:
Nirmala@epicinfotech.com www.epicinfotech.com
Castellum (AMEX:CTM)
Historical Stock Chart
From Dec 2024 to Jan 2025
Castellum (AMEX:CTM)
Historical Stock Chart
From Jan 2024 to Jan 2025