24/7 Market News Snapshot 14 July, 2025 – Castellum, Inc. (NYSE:CTM)

July 14, 2025

DENVER, Colo., 14 July, 2025 (www.247marketnews.com) – (NYSE:CTM) are discussed in this article.
Castellum, Inc. (CTM) experienced a significant increase in its stock price, opening at $1.16 and reaching $1.355, an approximate rise of 18.86%. This movement follows the previous session’s close at $1.14 and is indicative of robust buying activity among investors. With a trading volume of 4.14 million shares, interest in CTM is clearly on the rise. Technical indicators suggest potential bullish trends if the stock maintains levels above $1.30, with critical support noted at $1.25 and resistance near $1.40.

In conjunction with this market activity, Castellum recently celebrated the first anniversary of Glen Ives as Chief Executive Officer. Ives expressed his gratitude to shareholders in a letter reflecting on a year defined by strategic expansion and progress. Under his leadership, the company has evolved from a startup phase into a sustained growth trajectory, committing to reinforcing its operational foundation. Noteworthy accomplishments include the successful raising of over $16 million through public offerings and the reduction of long-term debt to under $5 million.

A pivotal highlight for Castellum was securing a landmark $103.3 million prime contract with the Naval Air Systems Command, representing the largest contract win in the company’s history. Additionally, the company has fostered mentor-protégé relationships with diverse organizations, which has further contributed to its industry influence.

Looking ahead, Castellum plans to enhance its technology offerings through a new subsidiary, expanding capabilities in software development, electronic warfare, cybersecurity, and strategic mission planning. Ives emphasized the company’s strong balance sheet and dedicated team, positioning Castellum for continued growth and delivering enhanced shareholder value while supporting national security initiatives. The company anticipates sharing its progress as it embarks on this promising new phase.

Related news for (CTM)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.