Cemtrex

What Cemtrex does

Cemtrex (NASDAQ: CETX) is a diversified technology holding company operating through three wholly-owned segments: Industrial Services (Advanced Industrial Services/AIS), Security Technology (Vicon Industries), and Aerospace & Defense Engineering (Invocon, acquired January 2026). The company was founded in 2004, is headquartered in Brooklyn, NY with operations across the U.S., Germany, and India, and employs between 501 and 1,000 people. AIS provides mechanical/HVAC contracting, industrial fabrication, and infrastructure services to manufacturers such as PPG, Bemis, and Volvo. Vicon delivers video surveillance hardware (fixed, dome, PTZ cameras), the Valerus video management software platform, and AI-powered edge analytics to government, correctional, and enterprise customers. Invocon supplies mission-critical avionics, telemetry, and sensing systems for satellite, launch vehicle, and missile defense programs, including the Missile Defense Agency's SHIELD program.

The company's revenue mechanics span hardware product sales (Vicon cameras, SmartDesk workstations priced $4,499–$5,000 with optional 24–36 month commercial leasing), professional services contracts (AIS industrial work, Invocon engineering), and government contracts. Go-to-market combines a direct enterprise sales force targeting Fortune 500 companies, universities, and municipalities — with a SmartDesk pipeline of 25+ enterprise customers evaluating minimum 1,000-unit commitments — alongside a Vicon integration partner channel for international security deployments and direct AIS field teams for industrial services. Fiscal 2025 revenue was $76.5 million (up 14% YoY), and Q1/Q2 FY2026 showed 17% YoY growth at the top line with a return to operating profitability, supported by cash of $20.5 million and stockholders' equity of $34.7 million after multiple equity offerings totaling approximately $17.25 million between May 2024 and January 2026. Recent strategic activity centers on programmatic M&A (Heisey Mechanical 2023, Invocon and Richland Industries in early 2026), expanding the operating footprint into aerospace/defense and the U.S. Southeast.

Name

Cemtrex

Legal name

Cemtrex, Inc.

Website

https://cemtrex.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Cemtrex (NASDAQ: CETX) is a diversified technology holding company operating three segments: industrial contracting (AIS), video surveillance security (Vicon), and aerospace/defense engineering (Invocon). It serves government, manufacturing, and enterprise customers globally with mission-critical products and services.

Ownership category

akta.pro rank

Headquarters

HQ city

Hauppauge

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Services: Advanced Industrial Services (AIS) subsidiary provides industrial contracting for complex manufacturing and infrastructure projects. Revenue from mechanical/HVAC installations, industrial fabrication, and contracting services. Segments include Industrial Services ($11M Q2 2026, growing 7% YoY) and a new Aerospace & Defense segment ($1.2M Q2 2026).
2. Security Technology: Vicon subsidiary provides video surveillance and security systems for government and enterprise applications. Includes Valerus video management software, recording servers, cameras (fixed, dome, PTZ). Revenue from product sales, software licenses, and integration services.
3. Aerospace & Defense Engineering: Invocon subsidiary provides mission-critical engineering and avionics for aerospace and defense programs. Includes high-reliability flight hardware, sensing systems, telemetry for satellites, launch vehicles, and missile defense platforms. ~$7.4M average annual revenues with ~$1.7M operating income.
4. SmartDesk Product Sales: Sale of advanced workstations at $4,499-$5,000 average price point. Subscription and commercial leasing programs (24-36 months) for flexible purchasing options.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Cemtrex is a diversified technology platform operating three core segments: (1) Security through Vicon Industries providing video surveillance systems and Valerus video management software; (2) Industrial Services through Advanced Industrial Services (AIS) providing mechanical/HVAC contracting and industrial fabrication; and (3) Aerospace & Defense through Invocon providing mission-critical avionics, telemetry, and missile defense engineering. The company also markets the SmartDesk advanced workstation product and VR/AR application development through CemtrexLabs.

Product overview

Cemtrex is a diversified technology company operating across three core segments: Security (Vicon video surveillance and Valerus video management), Industrial Services (Advanced Industrial Services/AIS for contracting and fabrication), and Aerospace & Defense (Invocon for mission-critical avionics and telemetry). The company also previously operated an Advanced Technologies segment featuring the SmartDesk flagship workstation product with AI-powered capabilities and VR/AR application development services through CemtrexLabs. The current portfolio centers on Vicon's security solutions, AIS's industrial contracting services, and the newly launched Invocon Aerospace & Defense segment following the January 2026 acquisition.

Differentiator

Problem solved

Functional benefit

Products and services

• Vicon Video Surveillance Solutions Video surveillance and security technology including fixed, dome, and PTZ cameras, recording servers, client workstations, and integrated solutions for government and enterprise facilities.
• Advanced Industrial Services (AIS) Industrial contracting services for complex manufacturing and infrastructure projects including mechanical/HVAC systems installation, industrial fabrication, and turn-key project execution across the northeastern and southeastern United States.
• Invocon Aerospace & Defense Engineering Mission-critical engineering and avionics providing advanced instrumentation, wireless sensing, and telemetry systems for satellites, launch vehicles, and missile defense platforms, with participation in the Missile Defense Agency's SHIELD program.
• SmartDesk Advanced Workstation Advanced IoT workstation with 72-inch high-resolution multi-touch display, integrated touchless gestures, document scanning, wireless connectivity, and wireless charging for mobile devices. Starting price $4,499.
• Valerus Video Management Software Video management software platform used with Vicon security cameras, offering recording servers, client workstations, and video management capabilities for enterprise surveillance systems.
• CemtrexLabs VR/AR Application Development Full-stack creative agency providing virtual and augmented reality (VR/AR/MR) application development services for brands such as Richemont, AARP, Live Nation, and VF Corp to create immersive digital experiences.

Quantifiable outcome

• Revenue grew from $3M to over $100M from 2010-2018 (33% CAGR over 5 years)
• +4 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• WordPress VIPcoreStrategic or Co-development Partner · 10 February 2020CemtrexLabs named WordPress VIP Silver Agency Partner; one of only 30 partners globally and first agency partner with full-stack VR/AR/MR capabilities. Enables collaboration with WordPress VIP enterprise clients including Spotify, Facebook, Microsoft, CNN. Partners vetted for proven track record of successful WordPress implementations at scale.
• Choice Hotels InternationalmajorOthers · 3 January 2019Choice Hotels (6,800+ hotels, 500,000+ rooms across 35+ countries) adopted SmartDesk for offices. Hospitality vertical identified as key growth market for SmartDesk deployment in hotel business centers and guest rooms.
• Oculus/VR Platform PartnerscoreTechnology or IntegrationCemtrexLabs developing VR applications on Oculus Quest platform. Star Force VR game targeting Oculus Rift, HTC Vive, and Oculus Quest. Strategic platform partnerships for immersive technology deployments.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Motorola Solutions (Avigilon): Motorola Solutions owns the Avigilon line of cameras and ACC VMS, plus broader command-and-control offerings for public safety. It is the broad incumbent in Cemtrex's Vicon security segment with a much wider portfolio and global integrator footprint.

Direct peers

• Milestone Systems: Milestone Systems develops the XProtect open-platform video management software used by integrators worldwide. It competes head-to-head with Valerus in mid-market and enterprise VMS opportunities where Cemtrex's Vicon brand is positioned.
• Genetec: Genetec is a leading developer of unified video management software (Security Center / Omnicast) for enterprise and government surveillance. It is the closest direct competitor to Cemtrex's Vicon Valerus VMS platform, serving the same institutional security integrators and end-customers.
• Axis Communications: Axis Communications is the largest pure-play network video camera manufacturer for enterprise and government security deployments. It directly competes with Vicon's fixed, dome, and PTZ camera lines in correctional, municipal, and campus surveillance tenders.
• Hanwha Vision: Hanwha Vision (formerly Wisenet/Hanwha Techwin) manufactures network video cameras, NVRs, and VMS software for enterprise and government surveillance. It directly competes with Vicon in mid-tier camera and analytics categories.
• EMCOR Group: EMCOR Group is a large mechanical and electrical contracting services provider for industrial, commercial, and institutional customers. It is directly comparable to Cemtrex's AIS subsidiary in HVAC, fabrication, and complex project execution.
• Comfort Systems USA: Comfort Systems USA provides mechanical contracting, HVAC, and industrial services to commercial and industrial customers across the U.S. It is a direct services-platform peer to Cemtrex's AIS and AIS Tennessee operations.
• HEICO: HEICO's Electronic Technologies segment designs and supplies mission-critical aerospace and defense electronic components, including sensing and avionics subsystems. It is a direct comp to Cemtrex's newly acquired Invocon engineering business.
• Mercury Systems: Mercury Systems designs and manufactures mission-critical defense electronics — sensors, RF, and avionics subsystems — for aerospace and defense primes. It competes with Invocon for high-reliability flight hardware and telemetry programs.

Emerging players

• Steelcase: Steelcase is the global leader in office furniture and enterprise workspace solutions, including high-tech workstations and integrated technology furniture. It addresses the same end-customer demand for enterprise workspace modernization as Cemtrex's SmartDesk.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Cemtrex
• Facebookfacebook.com/cemtrex
• LinkedInlinkedin.com/company/cemtrex-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cemtrex