Cemtrex has received orders worth more than $14 million across its industrial products and services group and the electronics manufacturing services group. The company received approximately $10.5 million in orders for its electronics manufacturing services group for products related to automotive products, medical devices, and automation technology. It also received approximately $4.5 million in orders in its industrial products and services group in the packaging, industrial manufacturers, aggregate, power, oil, and construction industries. The company said it expects to ship these orders over the next twelve months.
Cemtrex, Inc. is an advanced security technology and industrial services company. The Company's segments include Security and Industrial Services. The Security segment operates under the Vicon Industries brand, which provides end-to-end security solutions to corporate, industrial, and governmental security. Vicon's products include browser-based video monitoring systems and analytics-based recognition systems, cameras, servers, and access control systems for security and surveillance. Vicon provides mission-critical security and video surveillance solutions utilizing artificial intelligence (AI) based data algorithms. The Industrial Services segment operates under the brand, Advanced Industrial Services (AIS), that offers services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Company also operates as a service contractor and steel fabricator that specializes in industrial and water treatment markets.