Castellum retires all debt; final $400K note paid, now debt-free with $14M cash

Castellum, Inc.

Paid off $400,000 principal balance on sole remaining note payable to Emil Kaunitz.
Debt reduced from $11M to $0; cash increased from $2M to $14M over 19 months.
Three prime contracts won in 2025 totaling $219M, including $103.3M NAVAIR contract.
CEO plans to complete an accretive acquisition within the next 12 months.

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