Hauppauge, NY, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX), a technology company driving innovation in intelligent security and industrial services, today announced a series of notable new contract awards totaling approximately $1.3 million over the past week across its Vicon Industries (Vicon) and Advanced Industrial Services (AIS) businesses. These awards, part of a larger stream of recent wins, reflect Cemtrex's position in markets tied to major national priorities, including infrastructure modernization, border security, and correctional facility upgrades.
AIS:
AIS secured a $466,000 project to replace the chiller system at Wrightsville Elementary School for the Eastern York School District in Pennsylvania. The project, part of a full-building HVAC modernization, supports the nationwide push to upgrade public school infrastructure and is scheduled for completion in the first quarter of calendar 2026.
Vicon:
Vicon booked two significant orders during the same period:
- A $327,000 order from an existing West Coast customer for Roughneck® cameras and servers in support of a border-related security project.
- A $544,000 order from a leading nationwide security integrator to supply Roughneck® cameras and supporting equipment for a prison facility in Tennessee.
Management Commentary:
"These wins are a snapshot of the momentum we're building across both divisions," said Saagar Govil, Chairman and CEO of Cemtrex. "From securing national borders and correctional facilities to modernizing schools, our teams are delivering solutions in high-impact markets that are receiving long-term investment. With FY26 around the corner, we remain optimistic based on our current pipeline that we can achieve our growth targets for the coming year of 15-20%."
About Cemtrex
Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company operating in the Security and Industrial sectors. Its Security segment, led by Vicon Industries, provides advanced video management software, high-performance security cameras, and integrated surveillance solutions for enterprise, government, and critical infrastructure. The Industrial segment, through Advanced Industrial Services (AIS), delivers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. With a focus on innovation, execution, and strategic growth, Cemtrex is committed to enhancing safety, efficiency, and value for its customers and shareholders.
For more information, visit www.cemtrex.com.
Investor Relations:
investors@cemtrex.com
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading "Risk Factors" contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.
