VIENNA, Va., Nov. 13, 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 fully eliminated its $2 million debt obligation to Robert Eisiminger, strengthening the balance sheet and leaving no outstanding principal balance.

"With this paydown, part of which we were able to do from free cash flow generated in Q3 and part from our cash reserves, our long-term debt has been reduced to zero, and our current notes payable now stands at $400,000, an extraordinary shift from just one year ago. This milestone reflects Castellum's disciplined strategy and strong execution," said David Bell, Chief Financial Officer of Castellum.

"By advancing our debt reduction strategy, we continue to strengthen an already solid balance sheet and accelerate our commitment to disciplined, organic growth. Our improved financial position enables us to make strategic investments in business development capabilities that enhance our ability to capture major prime contract opportunities. This progress reflects our ongoing commitment to building a stronger Castellum; one that delivers for our people, our mission customers, and our shareholders," said Glen Ives, Chief Executive Officer of Castellum. "We also would like to publicly thank Bob Eisiminger for his long-term support and commitment ...