Cemtrex’s Vicon Industries Secures $10.4 Million Valerus Expansion Order from State Government Corrections Customer
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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Source: GlobeNewswire
Hauppauge, NY, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP), an advanced security technology and industrial services company, announced today that its Vicon Industries subsidiary has received a record breaking $10.4 million order for a state government corrections facility in the mid-Atlantic region. This significant order will expand the customer’s Valerus surveillance security system with additional hardware, including enhanced storage infrastructure. The order, the largest in Vicon’s 57-year history, underscores Vicon’s commitment to delivering state-of-the-art surveillance solutions and is expected to be fulfilled in the Company’s second fiscal quarter of 2025, fully within Cemtrex’s fiscal year. Specific details about the customer remain confidential in accordance with non-disclosure agreements. “This record order marks a significant moment in our company’s history and highlights Vicon’s industry leading surveillance technology,” said Saagar Govil, Ch
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News
- Cemtrex, Inc. (NASDAQ: CETX) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Cemtrex's Vicon Industries Secures $10.4 Million Valerus Expansion Order from State Government Corrections Customer [Yahoo! Finance]Yahoo! Finance
- Cemtrex Regains Compliance with NASDAQ Listing RequirementGlobeNewswire
- Cemtrex's Vicon Announces New Partnership with AI Chipmaker Hailo for its New Modular Camera System, NEXT™ [Yahoo! Finance]Yahoo! Finance
- Cemtrex’s Vicon Announces New Partnership with AI Chipmaker Hailo for its New Modular Camera System, NEXT™GlobeNewswire
CETX
Sec Filings
- 12/20/24 - Form S-3
- 12/13/24 - Form 8-K
- 12/5/24 - Form 8-K
- CETX's page on the SEC website