Castellum, Inc. Announces Strategic Alliance with K2
Castellum, Inc. (NYSE-American: CTM), a cybersecurity, electronic warfare, and software engineering services company, has announced a strategic alliance with Krilla Kaleiwahea, (K2). This partnership combines Castellum's extensive experience in serving the U.S. Government with K2's leadership team and status as a Native Hawaiian government contractor.
The alliance enables the companies to pursue set-aside Department of Defense (DOD) contracts worth up to $100 million. Castellum's CEO, Glen Ives, expressed enthusiasm about the partnership, highlighting the potential to jointly target a wide range of government contracts across DOD and civilian federal agencies. K2's Co-Founder, Peter Krilla, emphasized Castellum's excellent past performance as a key factor in enhancing their bidding capabilities for substantial new opportunities.
Castellum, Inc. (NYSE-American: CTM), un'azienda specializzata in cybersecurity, guerra elettronica e servizi di ingegneria software, ha annunciato un 'accordo strategico con Krilla Kaleiwahea (K2). Questa partnership unisce l'ampia esperienza di Castellum nel servire il governo degli Stati Uniti con il team dirigenziale di K2 e il suo status di appaltatore governativo nativo hawaiano.
L'alleanza consente alle aziende di perseguire contratti riservati del Dipartimento della Difesa (DOD) per un valore di fino a 100 milioni di dollari. Il CEO di Castellum, Glen Ives, ha espresso entusiasmo riguardo alla partnership, sottolineando il potenziale di mirare congiuntamente a una vasta gamma di contratti governativi tra DOD e agenzie federali civili. Peter Krilla, cofondatore di K2, ha messo in evidenza l'ottima prestazione passata di Castellum come un fattore chiave per migliorare le loro capacità di offerta per nuove opportunità significative.
Castellum, Inc. (NYSE-American: CTM), una empresa de ciberseguridad, guerra electrónica y servicios de ingeniería de software, ha anunciado una alianza estratégica con Krilla Kaleiwahea (K2). Esta asociación combina la amplia experiencia de Castellum en la prestación de servicios al gobierno de EE. UU. con el equipo directivo de K2 y su estatus como contratista gubernamental nativo hawaiano.
La alianza permite a las empresas buscar contratos reservados del Departamento de Defensa (DOD) por un valor de hasta 100 millones de dólares. Glen Ives, CEO de Castellum, expresó su entusiasmo por la asociación, destacando el potencial de abordar conjuntamente una amplia gama de contratos gubernamentales en el DOD y agencias federales civiles. Peter Krilla, cofundador de K2, enfatizó el excelente rendimiento pasado de Castellum como un factor clave para mejorar sus capacidades de licitación para nuevas oportunidades significativas.
Castellum, Inc. (NYSE-American: CTM)는 사이버 보안, 전자 전쟁 및 소프트웨어 엔지니어링 서비스 회사로, Krilla Kaleiwahea (K2)와의 전략적 동맹을 발표했습니다. 이 파트너십은 Castellum의 광범위한 미국 정부 서비스 경험과 K2의 리더십 팀 및 하와이 원주민 정부 계약자로서의 지위를 결합합니다.
이 동맹은 두 회사가 1억 달러 규모의 국방부(DOD) 계약을 추구할 수 있게 해줍니다. Castellum의 CEO인 Glen Ives는 파트너십에 대한 열정을 표명하며, DOD와 민간 연방 기관 전반에 걸쳐 다양한 정부 계약을 공동으로 타겟팅할 수 있는 잠재력을 강조했습니다. K2의 공동 설립자인 Peter Krilla는 Castellum의 뛰어난 과거 성과가 중요한 요소로, 새로운 기회를 위한 입찰 능력을 향상시키는 데 기여한다고 강조했습니다.
Castellum, Inc. (NYSE-American: CTM), une entreprise spécialisée dans la cybersécurité, la guerre électronique et les services d'ingénierie logicielle, a annoncé une alliance stratégique avec Krilla Kaleiwahea (K2). Ce partenariat combine l'expérience approfondie de Castellum au service du gouvernement américain avec l'équipe dirigeante de K2 et son statut de contractant gouvernemental natif hawaïen.
L'alliance permet aux entreprises de poursuivre des contrats réservés du Département de la Défense (DOD) d'une valeur allant jusqu'à 100 millions de dollars. Glen Ives, le CEO de Castellum, a exprimé son enthousiasme pour ce partenariat, soulignant le potentiel de cibler conjointement un large éventail de contrats gouvernementaux au sein du DOD et des agences fédérales civiles. Peter Krilla, cofondateur de K2, a mis en avant l'excellente performance passée de Castellum comme un facteur clé pour renforcer leurs capacités d'offres pour d'importantes nouvelles opportunités.
Castellum, Inc. (NYSE-American: CTM), ein Unternehmen für Cybersicherheit, elektronische Kriegsführung und Software-Engineering-Services, hat eine strategische Allianz mit Krilla Kaleiwahea (K2) bekannt gegeben. Diese Partnerschaft vereint Castellums umfangreiche Erfahrung im Service für die US-Regierung mit K2s Führungsteam und dessen Status als von Einheimischen Hawaiis betriebenen Regierungsauftragnehmer.
Die Allianz ermöglicht es den Unternehmen, Contracting-Reserven des Verteidigungsministeriums (DOD) im Wert von bis zu 100 Millionen Dollar zu verfolgen. Castellums CEO, Glen Ives, zeigte sich begeistert von der Partnerschaft und hob das Potenzial hervor, gemeinsam eine breite Palette von Regierungsaufträgen über das DOD und zivile Bundesbehörden anzustreben. Peter Krilla, Mitgründer von K2, betonte Castellums ausgezeichnete vergangene Leistung als Schlüsselfaktor zur Verbesserung ihrer Angebotsfähigkeiten für erhebliche neue Möglichkeiten.
- Strategic alliance with K2 enables access to set-aside DOD contracts worth up to $100 million
- Partnership expands Castellum's reach into new government contract opportunities
- Leverages Castellum's experience and K2's Native Hawaiian contractor status for competitive advantage
- None.
Insights
The strategic alliance between Castellum, Inc. and Krilla Kaleiwahea, LLC (K2) is a significant development for both companies. This partnership allows Castellum to tap into K2’s Native Hawaiian status, which grants eligibility for set-aside Department of Defense (DOD) contracts up to
From a financial perspective, the alliance has the potential to significantly enhance Castellum’s revenue and profitability. Securing up to
Technologically, this alliance could lead to the integration of advanced cybersecurity, electronic warfare and software engineering capabilities with K2’s existing expertise. This synergy could result in innovative solutions tailored specifically for government needs, enhancing both companies' offerings. For Castellum, this means potential access to new technologies and methodologies that can be leveraged across other contracts, further solidifying their standing as a key player in the federal market. Investors should keep an eye on any technological advancements or product announcements that arise from this partnership.
VIENNA, Va., July 22, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. ("Castellum" or the "Company") (NYSE-American: CTM), a cybersecurity, electronic warfare, and software engineering services Company focused on the federal government, is pleased to announce a new strategic alliance with Krilla Kaleiwahea, LLC ("K2").
The strategic alliance leverages Castellum’s deep experience, and through its subsidiaries, many decades of serving the U.S. Government, with K2’s experienced leadership team as well as its eligibility status as a Native Hawaiian government contractor, the relationship enables for set-aside department of defense (“DOD”) work of up to
"We are very pleased to announce this important alliance with K2," said Glen Ives, President and Chief Executive Officer of Castellum, Inc. "Our combined capabilities and K2's Native Hawaiian status will enable us to jointly go after a broad array of government contracts across the DOD and civilian federal government. We are ecstatic to work with Jeffrey Krilla, Peter Krilla, and the K2 team."
"Castellum is an ideal partner for us as we look to expand our capabilities and reach into the U.S. government," said Peter Krilla, Co-Founder of K2. "Castellum has excellent past performance, enabling us to bid on and win substantial new opportunities. We look forward to much success through this alliance."
About Krilla Kaleiwahea, LLC (K2):
K2 is an 8(a) Native Hawaiian Organization bringing a world-class team with decades of combined government, military, and corporate experience to impactful government projects across the globe. K2 is committed to excellence and passionate about taking on meaningful projects that contribute positively to our clients, communities, and the world - www.k2-nho.com.
About Castellum, Inc.
Castellum, Inc. is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government - http://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, 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; 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
http://castellumus.com
Peter Krilla, Co-Founder
Phone: (971) 998-7349
Contact: Info@k2-nho.com
www.k2-nho.com
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3c0de937-8bf7-4f5e-9cb7-79f48d3dabc9
FAQ
What is the strategic alliance between Castellum (CTM) and K2 announced on July 22, 2024?
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