Castellum, Inc.’s SBA Protégés Successfully Onboard to SeaPort-NxG Contract
Castellum (NYSE-American: CTM) announces successful onboarding of its two SBA mentor-protégé companies, Epic Systems and Krilla Kaleiwahea (K2), to the SeaPort Next Generation contract through rolling admissions II. SeaPort-NxG is the Navy Virtual SYSCOM Commanders' integrated approach to contracting for professional support services, including technical and engineering services for various naval departments.
The strategic alliances involve Castellum's subsidiary Specialty Systems with Epic Systems, and Global Technology and Management Resources with K2 (pending SBA approval). This development enables Castellum to compete for 8(a), women-owned small business, and Native Hawaiian Organization set-aside opportunities on SeaPort-NxG, strengthening its position for near-term growth alongside its recent OASIS+ contract win.
Castellum (NYSE-American: CTM) annuncia l'avvenuta integrazione delle sue due aziende mentore-protégé SBA, Epic Systems e Krilla Kaleiwahea (K2), al contratto SeaPort Next Generation attraverso le ammissioni continue II. SeaPort-NxG rappresenta l'approccio integrato dei comandanti della Navy Virtual SYSCOM ai contratti per servizi professionali di supporto, inclusi servizi tecnici e ingegneristici per vari dipartimenti navali.
Le alleanze strategiche coinvolgono la controllata di Castellum, Specialty Systems, con Epic Systems, e Global Technology and Management Resources con K2 (in attesa di approvazione SBA). Questo sviluppo consente a Castellum di competere per opportunità riservate alle piccole imprese di proprietà di donne e delle organizzazioni native hawaiane, rafforzando la sua posizione per una crescita a breve termine accanto alla recente vittoria del contratto OASIS+.
Castellum (NYSE-American: CTM) anuncia la integración exitosa de sus dos empresas mentoras-protegidas de la SBA, Epic Systems y Krilla Kaleiwahea (K2), en el contrato SeaPort Next Generation a través de admisiones continuas II. SeaPort-NxG es el enfoque integrado de los comandantes de la Navy Virtual SYSCOM para contratar servicios de apoyo profesional, incluidos servicios técnicos e ingenierías para varios departamentos navales.
Las alianzas estratégicas involucran a la subsidiaria de Castellum, Specialty Systems, con Epic Systems, y Global Technology and Management Resources con K2 (en espera de la aprobación de la SBA). Este desarrollo permite a Castellum competir por oportunidades reservadas para pequeñas empresas de propiedad de mujeres y organizaciones nativas hawaianas, fortaleciendo su posición para el crecimiento a corto plazo junto con su reciente victoria en el contrato OASIS+.
캐스텔럼 (NYSE-American: CTM)은 SBA 멘토-프로테제 회사인 Epic Systems와 Krilla Kaleiwahea (K2)를 SeaPort Next Generation 계약에 성공적으로 온보딩했다고 발표했습니다. 이는 롤링 어드미션 II를 통해 이루어졌습니다. SeaPort-NxG는 해군 가상 SYSCOM 지휘관들의 전문 지원 서비스 계약을 위한 통합 접근 방식으로, 다양한 해군 부서에 대한 기술 및 엔지니어링 서비스를 포함합니다.
전략적 제휴는 캐스텔럼의 자회사인 Specialty Systems가 Epic Systems와 함께하고, Global Technology and Management Resources가 K2와 함께하는 것입니다 (SBA 승인을 기다리고 있음). 이 발전은 캐스텔럼이 SeaPort-NxG에서 8(a), 여성 소유의 소규모 기업 및 자생적 하와이안 조직의 우선 협상 기회를 경쟁할 수 있도록 하여 최근 OASIS+ 계약 승리와 함께 단기 성장에 대한 위치를 강화합니다.
Castellum (NYSE-American: CTM) annonce l'intégration réussie de ses deux entreprises mentor-protéger SBA, Epic Systems et Krilla Kaleiwahea (K2), au contrat SeaPort Next Generation par le biais d'admissions continues II. SeaPort-NxG est l'approche intégrée des commandants de la Navy Virtual SYSCOM en matière de passation de contrats pour des services de soutien professionnel, y compris des services techniques et d'ingénierie pour divers départements navals.
Les alliances stratégiques impliquent la filiale de Castellum, Specialty Systems, avec Epic Systems, et Global Technology and Management Resources avec K2 (en attente d'approbation de la SBA). Ce développement permet à Castellum de concourir pour des opportunités réservées aux petites entreprises détenues par des femmes et aux organisations hawaïennes autochtones, renforçant ainsi sa position pour une croissance à court terme aux côtés de sa récente victoire au contrat OASIS+.
Castellum (NYSE-American: CTM) gibt die erfolgreiche Integration seiner beiden SBA Mentor-Protege-Unternehmen, Epic Systems und Krilla Kaleiwahea (K2), in den SeaPort Next Generation Vertrag durch rollierende Zulassungen II bekannt. SeaPort-NxG ist der integrierte Ansatz der Navy Virtual SYSCOM Kommandanten zur Vergabe von Verträgen für professionelle Unterstützungsdienste, einschließlich technischer und ingenieurtechnischer Dienstleistungen für verschiedene Marineabteilungen.
Die strategischen Allianzen umfassen Castellums Tochtergesellschaft Specialty Systems mit Epic Systems und Global Technology and Management Resources mit K2 (in Erwartung der Genehmigung durch die SBA). Diese Entwicklung ermöglicht es Castellum, sich um reservierte Gelegenheiten für 8(a)-Programme, von Frauen geführte kleine Unternehmen und Organisationen der einheimischen Hawaiianer beim SeaPort-NxG zu bewerben, wodurch die Position für kurzfristiges Wachstum neben dem jüngsten Gewinn des OASIS+-Vertrags gestärkt wird.
- Successful onboarding to SeaPort-NxG contract expands access to Navy contract opportunities
- Strategic partnerships enable competition for specialized set-aside contracts
- Combined with OASIS+ win, positions company for near-term growth potential
- K2 partnership still pending SBA approval
Insights
The successful onboarding of Castellum's SBA protégés to SeaPort-NxG marks a strategic expansion of their federal contracting capabilities. SeaPort-NxG is a critical vehicle for accessing
This development is particularly noteworthy when combined with their recent OASIS+ contract win. The dual contract vehicles significantly expand their total addressable market in the defense sector, especially for specialized cybersecurity and electronic warfare services. For small-cap government contractors, securing prime positions on major IDIQ contracts is essential for sustainable growth and competitive positioning. The ability to pursue 8(a), women-owned and Native Hawaiian Organization set-asides through these partnerships effectively multiplies their bidding opportunities without additional overhead costs.
For investors, this enhanced contract access could accelerate revenue growth in the medium term, though the actual impact will depend on successful contract wins. The mentor-protégé structure also provides Castellum with potential revenue sharing arrangements while helping meet federal small business subcontracting goals.
VIENNA, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has successfully helped onboard its two Small Business Administration (“SBA”) approved mentor-protégé companies (“Mentor-Protégé”), Epic Systems, Inc. (“Epic”) and Krilla Kaleiwahea, LLC (“K2”), to its Seaport Next Generation contract (“SeaPort-NxG”) via rolling admissions II. Castellum subsidiary Specialty Systems, Inc. has a strategic alliance in the form of an SBA approved Mentor-Protégé arrangement with Epic. Castellum subsidiary Global Technology and Management Resources, Inc. has a strategic alliance with K2, which is pending approval by the SBA. Information concerning these strategic alliances can be found in our previous press releases:
- Castellum, Inc. Announces New Strategic Alliance
- Castellum, Inc. Announces Strategic Alliance with K2
The Castellum business development team assisted both companies to successfully onboard to SeaPort-NxG. SeaPort-NxG is the Navy Virtual SYSCOM Commanders', including NAVAIR, NAVFAC, NAVSEA, NAVSUP, NAVWAR, and ONR, as well as Military Sealift Command and the United States Marine Corps integrated approach to contracting for professional support services. SeaPort-NxG’s electronic procurement of technical, engineering, and other professional services represent a key strategy to meeting the United States Department of Navy contracting needs. SeaPort-NxG preapproves a large and diverse community of contractors through a process called rolling admissions.
“Our Castellum team has again demonstrated our commitment to help advance and grow our Mentor Protégé companies. I am very proud of the hard work our team put in to support our great partners Epic and K2 to achieve these strategic milestones. These wins open the door for us to team with our Mentor Protégé companies to compete for 8(a), women-owned small business, and Native Hawaiian Organization set-aside opportunities on SeaPort-NxG. Combined with our recent OASIS+ win, we are now in a stronger position for near term growth as we can aggressively pursue both unrestricted and SBA opportunities,” said Glen Ives, President and Chief Executive Officer of Castellum.
About Epic Systems, Inc.:
Epic Systems, Inc. supports the development of IT infrastructure projects and modernizes mission-critical applications for federal agencies. Epic provides O&M, data analytics, cloud transformation, DevSecOps, and RPA services to clients, including the U.S. Department of Homeland Security and Office of Biometric Identity Management, the U.S. Customs and Border Protection, the U.S. Department of State, the U.S. Department of Defense, and the National Science Foundation - https://epicinfotech.com/.
About Krilla Kaleiwahea, LLC (K2):
K2 is an 8(a) Native Hawaiian Organization bringing a world-class team with decades of combined senior leadership experience in government, military, and corporate sectors to impactful government projects for the U.S. federal government. K2 delivers advanced solutions in defense, resilience, technology, and workforce development that empower clients to achieve operational success in the most demanding environments - https://www.k2-nho.com.
About Castellum, Inc.:
Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government - https://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 including opportunities arising from the SeaPort-NxG and OASIS+ unrestricted contracts, 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 or continuing resolution; 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
Peter Krilla, Co-Founder
Phone: (971) 998-7349
Contact: Info@k2-nho.com
www.k2-nho.com
Nirmala Nallamala, President
Phone: (703)-373-7242
Contact: Nirmala@epicinfotech.com
www.epicinfotech.com
FAQ
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