Cemtrex's Vicon Secures Approximately $2.8 Million in Orders from U.S. Federal Government Agency
Hauppauge, NY, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Cemtrex, Inc. (Nasdaq: CETX, CETXP), a diversified industrial and technology company, today announced that its Vicon Industries subsidiary has received orders totaling approximately $2.8 million in the current fiscal quarter from a U.S. federal government agency, through an existing channel partner, for its video surveillance products and Valerus video management platform. The orders are expected to ship in the current fiscal quarter.
The awards reflect continued expansion of Vicon's business with federal government customers, following the approximately $2 million correctional facility order in the United Kingdom announced in May 2026, and underscore sustained institutional and public-sector demand for the Valerus platform.
Separately, Vicon released Valerus 26.1, a major update to its video management software. The release introduces GPU-accelerated video processing, delivering smoother, faster streaming and forward and reverse playback at speeds up to 1000x directly in the browser. The upgrade represents a significant advancement for the web client and a direct investment in Vicon's core markets of government, corrections, and education, where customers have operated Vicon systems for decades.
In the Company's Industrial Services segment, Plant Engineering Services (PES), the engineering business Cemtrex acquired on July 1, 2026, has been awarded five projects totaling approximately $410,000 in support of a 5,000-ton water press restoration and modernization program for a leading precision forging manufacturer in California. The awarded scope spans engineering, equipment design, fabrication, assembly, installation, and system integration, including a turnkey accumulator level control system, control panel upgrades, and hydraulic system modernization.
"Federal orders of this scale demonstrate that the work at Vicon is converting into results," said Saagar Govil, Chairman and CEO of Cemtrex. "Government, corrections, and education are demanding environments where reliability wins, and the combination of these orders and the Valerus 26.1 release shows the platform earning that confidence."
"PES is generating meaningful project awards within its first full quarter as part of Cemtrex," Govil added. "That is the acquisition model working as intended: acquiring durable businesses and supporting them as they grow. We remain focused on disciplined execution across all of our segments."
About Cemtrex
Cemtrex, Inc. (Nasdaq: CETX) is a diversified industrial and technology company operating across the Security, Industrial, and Aerospace & Defense sectors. The Company's 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 customers. Its Industrial segment, through Advanced Industrial Services (AIS), delivers specialized rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. Cemtrex's Aerospace & Defense segment, anchored by Invocon, provides mission-critical engineering, instrumentation, and sensing solutions supporting aerospace, defense, and space-based programs. With a focus on disciplined execution and strategic growth, Cemtrex is committed to building durable businesses that enhance safety, reliability, and long-term 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 tovthe expected contribution of the acquired business, future sales, or any future potential acquisition. 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.
