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VIENNA, Va. - Castellum, Inc. (NYSE-American:CTM), a $101 million market cap cybersecurity firm with annual revenues of $47.6 million, announced Tuesday that its newly formed subsidiary, Castellum Advanced Technology Products, Inc., has entered into a reseller agreement with Tradewinds Networks, Inc. (TNI). According to InvestingPro data, the company maintains a strong financial position with more cash than debt on its balance sheet.
Under the agreement, Castellum will resell TNI’s GuardTower AI products for cybersecurity management and support to its client base. The partnership focuses on delivering AI-driven cybersecurity solutions to Castellum’s customers. The company’s healthy liquidity position, with a current ratio of 3.62, suggests strong capability to support new business initiatives.
Drew Merriman, Chief Operating Officer of Castellum, said the partnership aligns with the company’s goal of working with industry leaders to deliver advanced capabilities that help customers address evolving threats.
John Santoyo, CEO of Tradewinds Networks, described the alliance as combining "AI-driven threat detection, data intelligence, and resilient edge protection" to provide security for infrastructure.
TNI develops networking and cybersecurity solutions with a focus on data protection through its GuardTower product line. The company builds networks based on what it calls Owner-Hosted and City-Hosted business models.
Castellum specializes in cybersecurity, electronic warfare, and software engineering services primarily for federal government clients.
The announcement comes as cybersecurity remains a critical concern for organizations facing increasingly sophisticated digital threats. The partnership represents Castellum’s effort to expand its product offerings through strategic relationships.
This article is based on a press release statement from Castellum, Inc.
In other recent news, Castellum, Inc. has successfully raised approximately $4.5 million through the exercise of 3,673,666 warrants. This financial move was part of a previous public offering where each unit was priced at $1.20, comprising one share of common stock and one warrant. In addition to strengthening its financial position, Castellum has reduced its long-term debt to under $5 million and secured a significant $103.3 million contract with the Naval Air Systems Command. The company has also formed a new subsidiary, Castellum Advanced Technology Products, Inc., which will focus on developing advanced technologies and collaborating with other tech firms. Castellum has entered into a reseller agreement with AmpliTech Group, Inc., allowing it to offer AmpliTech’s low noise amplifiers to its clients. These developments come as part of the company’s strategic shift from a startup phase focused on acquisitions to a phase prioritizing organic growth, as outlined by CEO Glen Ives.
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