Cemtrex

Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Advanced Technologies and Industrial Services. The Advanced Technologies segment delivers technologies for IoT, Wearables and Smart Devices, such as the SmartDesk. The Industrial Services segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to customers. The company was founded on April 27, 1998 and is headquartered in Brooklyn, NY.

Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges. The Industrial Services segment offers single-source expertise and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Cemtrex Corporate segment refers to the holding company of the other two segments. The company was founded on April 27, 1998 and is headquartered in Hauppauge, NY.

Brooklyn, NY, March 26, 2021 (GLOBE NEWSWIRE) -- — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today provided a corporate update on its product shipment pipeline, business operations, financials and industry outlook in the first quarter and remainder of 2021.

Cemtrex Provides Corporate Update on Product Pipeline and Business Operations

2020 Revenue Increases 11% to $43.5 Million & 2020 Gross Profit Margin Increases 400 Basis Points to 44% 2020 Revenue Increases 11% to $43.5 Million & 2020 Gross Profit Margin Increases 400 Basis Points to 44%

Cemtrex Reports Fourth Quarter and Full Year 2020 Financial Results

State-of-the-Art SmartDesk Connect  Includes 4K UHD Monitors, Sit-Stand Desk, Ergonomic Tabletop & Built-In Wireless Phone Charger State-of-the-Art SmartDesk Connect  Includes 4K UHD Monitors, Sit-Stand Desk, Ergonomic Tabletop & Built-In Wireless Phone Charger

Cemtrex Launches Next Generation SmartDesk for Laptop Users

HBO Max and Modelo USA Harnessing Next-Generation Augmented & Virtual Reality Experiences to Promote Customer Interest HBO Max and Modelo USA Harnessing Next-Generation Augmented & Virtual Reality Experiences to Promote Customer Interest

Cemtrex Announces Engagements with Major Consumer Brands to Utilize AR/VR in Digital Marketing Campaigns

Partnership With Leading 3D Content Development Platform for Virtual Reality to Expand Cemtrex's VR Portfolio Partnership With Leading 3D Content Development Platform for Virtual Reality to Expand Cemtrex's VR Portfolio

Cemtrex Makes Strategic Investment into MasterpieceVR

Teens Able to Learn How to Drive at Home Using Next Generation Consoles During Pandemic Teens Able to Learn How to Drive at Home Using Next Generation Consoles During Pandemic

Cemtrex's Virtual Driver Interactive (VDI) Now Offering Driving EssentialsXE Teen Driver Training on PlayStation5 and Xbox Series X

Acquisition to Enhance Company's Augmented & Virtual Reality Growth Segment & VR Training Product Line Acquisition to Enhance Company's Augmented & Virtual Reality Growth Segment & VR Training Product Line

Cemtrex Completes Acquisition of Training Simulation Technology Company, Virtual Driver Interactive

Corrections Facility in Tennessee to Upgrade Security Surveillance System Including Over 1,000 Cameras Corrections Facility in Tennessee to Upgrade Security Surveillance System Including Over 1,000 Cameras

Cemtrex Receives $0.5 Million Upgrade Order in Advanced Technologies Segment

Priscilla Popov to be Appointed CFO, Aron Govil to Retire Priscilla Popov to be Appointed CFO, Aron Govil to Retire

Cemtrex Announces CFO Transition

Brooklyn, NY, Sept.  23, 2020  (GLOBE NEWSWIRE) --  —  Cemtrex Inc.  (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, will host a virtual roadshow webinar on Tuesday, October 6, 2020 at 1:00 p.m. Eastern time.

Cemtrex to Host Virtual Roadshow Webinar on Tuesday, October 6, 2020 at 1:00 p.m. Eastern Time

$500,000 Order Represents First of its Kind to Assist in the Detection & Mitigation of COVID-19 Risk $500,000 Order Represents First of its Kind to Assist in the Detection & Mitigation of COVID-19 Risk

Cemtrex Awarded Contract for Thermal Body Temperature Measurement Camera From Major School District in Pacific Northwest

Brooklyn, NY, Sept.  01, 2020  (GLOBE NEWSWIRE) --  —  Cemtrex Inc.  (Nasdaq: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

Cemtrex Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program

Brooklyn, NY, Aug.  25, 2020  (GLOBE NEWSWIRE) --  —  Cemtrex Inc.  (Nasdaq: CETX, CETXP, CETXW), a technology innovation company for Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has been invited to present at the LD 500 Virtual Investor Conference on September 1-4, 2020.

Cemtrex to Present at LD 500 Virtual Investor Conference

9 Month Revenues Increase by 16% YoY 9 Month Revenues Increase by 16% YoY

Cemtrex, Inc. (CETX) Announces Results  for the Third Quarter Ending June 30, 2020

Brooklyn, NY, July  13, 2020  (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced the Company received a $1 Million Order for a security technology system through its Advanced Technology Segment.

Cemtrex Inc. (CETX) Receives $1M Order for Security Technology System

Brooklyn, NY, June  23, 2020  (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today provided an update on its business regarding the current environment and near term outlook.

Cemtrex Inc. (CETX) Provides Business Update

Brooklyn, NY, June  15, 2020  (GLOBE NEWSWIRE) -- Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced it has closed its registered direct offering with multiple institutional investors for the purchase and sale of 2,402,923 shares of its common stock at a purchase price of $2.24 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of $5.4 million before deducting placement agent fees and expenses. After paying Offering fees and expenses, the Company received net proceeds of approximately $5 million from the Offering.

Cemtrex, Inc. Closes $5.4 Million Registered Direct Offering Priced At-The-Market

Hauppauge, NY, June  11, 2020  (GLOBE NEWSWIRE) --  - Vicon ( https://www.vicon-security.com ), a subsidiary of Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW) - a leading multi-industry technology company, today announced the upcoming release of their advanced edge-based analytics for select camera lines, including the new V980 series. Cameras with advanced analytics can proactively alert security operators to critical events such as theft, suspicious objects, crowds gathering and more.

Vicon Launches AI Based Edge Device Analytics for Cameras

Brooklyn, NY, June  10, 2020  (GLOBE NEWSWIRE) -- Brooklyn, NY, June 10, 2020 (GLOBE NEWSWIRE) – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced it has entered into definitive agreements with institutional investors for the purchase and sale of shares of its common stock at a purchase price of $2.24 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of $5.4 million before deducting placement agent fees and expenses. The closing of the offering is expected to occur on or about June 12, 2020, subject to the satisfaction of customary closing conditions.

Cemtrex, Inc. Announces $5.4 Million Registered Direct Offering Priced At-The-Market

Brooklyn, NY, June  08, 2020  (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced it has closed its registered direct offering with multiple institutional investors for the purchase and sale of 3,055,556 shares of its common stock at a purchase price of $1.80 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of $5.5 million before deducting placement agent fees and expenses. After paying Offering fees and expenses, the Company received net proceeds of approximately $5.1 million from the Offering.

Cemtrex, Inc. Closes $5.5 Million Registered Direct Offering Priced At-The-Market

Brooklyn, NY, June  02, 2020  (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), today announced it has entered into definitive agreements with institutional investors for the purchase and sale of 3,055,556 shares of its common stock at a purchase price of $1.80 per share in a registered direct offering priced at-the-market under Nasdaq rules for gross proceeds of $5.5 million before deducting placement agent fees and expenses. The closing of the offering is expected to occur on or about June 4, 2020, subject to the satisfaction of customary closing conditions.

CEMTREX, INC. ANNOUNCES $5.5 MILLION REGISTERED DIRECT OFFERING PRICED AT-THE-MARKET

Hauppauge, NY, June  01, 2020  (GLOBE NEWSWIRE) --  Vicon ( www.vicon-security.com ), a subsidiary of Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW) - a leading multi-industry technology company, today announced the release of its new Thermal Body Temperature Measurement Camera, the V1100B-THM-TEMP. The camera is designed to help organizations of all types to minimize the risk of reopening their facilities during the COVID-19 global pandemic.

Vicon Announces Release of New Thermal Body Temperature Measurement Camera

Brooklyn, NY, May  18, 2020  (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a leading multi-industry technology company that is driving innovation in a wide range of commercial sectors such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV), announced today that the U.S. Patent and Trademark Office (USPTO) has granted the company its first patent for Cemtrex’s revolutionary and groundbreaking IoT product, the SmartDesk, which increases productivity and modernizes the personal workspace.

Cemtrex Granted First Patent for Its Revolutionary SmartDesk

Gross Margin Improves to 44%, 6 Month EBITDA of $1,041,316 Gross Margin Improves to 44%, 6 Month EBITDA of $1,041,316

Cemtrex, Inc. (CETX) Announces Results  for the Second Quarter Ending March 31, 2020

Brooklyn, NY, March  17, 2020  (GLOBE NEWSWIRE) --  – Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading technology company, announced today that the company received new orders totaling over $2,000,000 in its Advanced Technology segment over the last 30 days.

News for Cemtrex Stock (CETXP)