Castellum, Inc. Reduces Principal Balance by $2 Million on Note Payable to Robert Eisiminger

VIENNA, Va., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) ("Castellum" or "CTM"), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has reduced the principal balance on a note payable to Robert Eisiminger by $2 million, leaving an aggregate principal balance owed of $2 million.

"With this paydown, our total long-term debt is now less than $3 million, a remarkable change from where we were just one year ago. This move is another testimony to Castellum's focus, strategy, and performance," states David Bell, Chief Financial Officer of Castellum.

"Our continued success in implementing our debt reduction plan continues to strengthen our healthy balance sheet and supports our unwavering commitment to our organic growth strategy. We are well-positioned to make the right and timely investments to further strengthen our business development capability to win major prime contracts. This is another significant step in growing CTM better, stronger, and bigger for what's most important to us: our people, mission customers, and shareholders," states Glen Ives, Chief Executive Officer of Castellum.

About Castellum, Inc.

Castellum, Inc. (NYSE-American: CTM) is a ...