Why Invest

Castellum, Inc. (NYSE American: CTM) is a defense-focused technology company delivering Cybersecurity, Software Development, Systems Engineering, Information / Electronic Warfare, Program Support, and Data Analytics services to the U.S. Government and other federal agencies. The Company also brings specialized expertise in artificial intelligence / machine learning, 5G technologies, model-based systems engineering, program management, information assurance, intelligence analysis, and CMMC compliance.

Built through disciplined acquisitions and now accelerating organic growth, Castellum is scaling a defense and federal IT platform positioned to create long-term shareholder value. With mission-critical capabilities, expanding contract activity, and a debt-free balance sheet, Castellum offers investors exposure to durable national security priorities and a growing base of recurring federal work.

  • Resilient Business Model. A defense-focused, federal IT platform designed to perform through budget cycles, with exposure to enduring national security priorities including cyber, electronic warfare, and C5ISR.
  • Differentiated Market Position. CTM holds CMMC Level 2 C3PAO Certification, one of a limited number of companies certified at this level, creating meaningful barriers to entry in federal cybersecurity contracting.
  • Scaled Growth Platform. Full year 2025 revenue of $52.9M reflects a 5-year compound growth trajectory from $1.4M in 2019, driven by seven completed acquisitions and accelerating organic wins. For Q1 2026 reported revenue of $14.3M, gross profit of $5.1m and Adj. EBITDA of 0.4M.
  • Debt-Free Balance Sheet. Castellum entered 2026 with no long-term debt and reported $15.8M in cash as of March 31, 2026, providing flexibility to invest in growth and selective M&A.

 

Strong Visibility

*Contract Backlog is defined as the total value of work remaining to be performed on awarded government contracts, including both funded and unfunded portions.

**The Opportunity Pipeline represents the revenue opportunity for the Company from potential future contracts obtained through organic growth from qualified customers based on the expected base year contract value plus the value of all option periods.

 

Top Three Program Highlights

  • $103.3M PMA-290 Special Missions Support

Five-and-a-half-year prime contract supporting NAVAIR PMA-290 Special Missions. Castellum’s largest contract award to date.

  • $66.2M NAWCAD Lakehurst Mission Operations & Integration 

Five-year prime contract providing logistics, engineering, and cyber support to NAWCAD Lakehurst.

  • $49.8M SSI Recompete Contract 

Five-and-a-half-year re-compete contract supporting software and cyber engineering for naval aviation systems.

 

Growth Strategy

  • Organic Growth: Driving revenue growth by winning new prime contracts and task orders across DoD, with cross-selling between subsidiaries to unlock efficiencies and new opportunities.
  • Inorganic Growth: Pursuing accretive acquisitions in Companies with strong existing federal prime contracts and recurring revenue that expands our core capabilities and adds scale.