Cemtrex, Inc.·Technology

Cemtrex (NASDAQ: CETX) exploded higher on Tuesday after the company said “Invocon” – its subsidiary – has secured a Phase I contract with the US Navy. In its press release, CETX confirmed the agreement is tied to the Modular Mine Warfare Components program for the Naval Sea Systems Command (NAVSEA).

Cemtrex said its subsidiary Invocon was selected under topic N254-P02: NAVSEA Open Topic for Modular Mine Warfare Components, highlighting its capabilities in advanced defense electronics and power systems engineering.

Hauppauge, NY, April 07, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (NASDAQ: CETX, CETXP) today announced that its subsidiary Invocon, Inc. has been selected as an apparently successful offeror for a Phase I Small Business Innovation Research (SBIR) contract with the Naval Sea Systems Command (NAVSEA). The award, under topic N254-P02: NAVSEA Open Topic for Modular Mine Warfare Components, recognizes Invocon's technical capabilities in advanced defense electronics and power systems engineering.

Hauppauge, NY, March 12, 2026 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (Nasdaq: CETX, CETXP) today announced that its Advanced Industrial Services (“AIS”) subsidiary has been awarded a $1.2 million industrial installation contract and is providing a business update following its recently reported fiscal first quarter 2026 results. As previously reported, Cemtrex generated $16.1 million in revenue in the fiscal first quarter, representing 17% year-over-year growth, driven primarily by continued expansion in its Industrial segment.

Hauppauge, NY, Feb. 17, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (Nasdaq: CETX, CETXP) today reported results for the 2026 first fiscal quarter ended December 31, 2025. Key Highlights for First Fiscal Quarter 2026 Revenues for Q1 '26 increased 17% to $16.1 million, compared to revenue in the prior year of $13.7 million.

Hauppauge, NY, Feb. 05, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (Nasdaq: CETX) today announced that its Advanced Industrial Services (“AIS”) subsidiary has acquired all the assets of Richland Industries (“Richland”), an industrial services and fabrication company located in Tennessee. In connection with the transaction, AIS established a new subsidiary, AIS Tennessee to acquire and operate the business and its primary facility.
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides Internet of Things products and smart devices under the SmartDesk name for mobile, web, virtual and augmented reality, wearables, and television markets; and security and video surveillance solutions, and virtual and augmented reality solutions for various commercial and industrial applications. This segment also offers browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly; installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York.
Technology
Software - Infrastructure
264
2015-06-25
1.44