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Cemtrex Wins $500K+ Order for NEXT Modular Camera System From Major School District in Kentucky

(Positive)
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Cemtrex (NASDAQ:CETX) has secured a significant $500,000+ purchase order for its NEXT Modular Sensor System from a major Kentucky school district through its subsidiary Vicon Industries. The order features over 550 NEXT camera sensors with PTRZ lenses and on-device analytics, integrated with Vicon's Anavio cloud platform.

The NEXT platform's competitive advantages include simplified installation with a 3-step mounting process and flexible sensor configurations. Vicon has demonstrated strong growth, increasing revenue from $21 million in FY2021 to a projected $36 million in FY2025, representing a 14% CAGR. The order will be fulfilled in Cemtrex's fiscal fourth quarter.

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Positive

  • Secured significant $500,000+ purchase order for NEXT Modular Sensor System
  • Strong revenue growth from $21M in FY2021 to projected $36M in FY2025 (14% CAGR)
  • Cost-effective solution with simplified installation and flexible configurations
  • No additional licensing fees required for NEXT customers using Anavio platform

Negative

  • Limited shipping quantities in previous quarter
  • Customer name withheld due to confidentiality agreements

Insights

Cemtrex's $500K+ camera order validates NEXT platform's market potential while advancing Vicon's impressive 14% CAGR growth trajectory.

This $500,000+ purchase order from a Kentucky school district represents a significant validation point for Cemtrex's NEXT Modular Camera System, which is just beginning its commercial ramp. The timing is strategic, as this order will be fulfilled in Cemtrex's fiscal Q4, potentially helping the company meet or exceed its projected $36 million in FY2025 revenue for the Vicon subsidiary.

The growth story here is compelling. Vicon has maintained a 14% compound annual growth rate since FY2021 (growing from $21 million to a projected $36 million), achieved primarily through operational execution and legacy products. With NEXT now entering full production, this platform has potential to accelerate Vicon's already impressive trajectory.

What's particularly noteworthy about this win is the competitive positioning highlighted in the release: NEXT's modular architecture creates tangible cost advantages through faster installation and flexible configurations. This provides a structural competitive edge in bidding situations where total deployment cost matters - especially in price-sensitive sectors like education and government.

The cloud-based Anavio platform integration creates a recurring revenue opportunity through the SaaS model, though the release indicates that NEXT customers receive this without additional licensing fees. This suggests Cemtrex is prioritizing hardware adoption over immediate software monetization, likely building an installed base that could yield future revenue opportunities through upgrades or additional services.

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Innovative design, faster installs, and platform value help Vicon win competitive public-sector opportunity

Hauppauge, NY, July 10, 2025 (GLOBE NEWSWIRE) -- Vicon Industries, a subsidiary of Cemtrex Inc. (Nasdaq: CETX) and a leading provider of advanced security and surveillance solutions, today announced that it has received a purchase order exceeding $500,000 for its NEXT Modular Sensor System from a major school district in Kentucky.

The win represents a key validation milestone for Vicon’s NEXT platform, which began shipping in limited quantities last quarter and is now ramping in Cemtrex’s fiscal fourth quarter.

“This win reflects exactly why we built NEXT,” said Saagar Govil, Cemtrex CEO. “Our partners are competing, and winning, because of how quickly it installs, how flexibly it deploys, and how much value it delivers out of the box. Combined with our Anavio platform, it gives customers a complete, cloud-managed surveillance solution that’s both smarter and more cost-effective than legacy systems. We’ve grown Vicon significantly over the past few years, and we see NEXT as the catalyst for our next phase of growth, strengthening our position across core markets.”

Why NEXT Won

Vicon’s reseller partner was able to win the project by quoting a lower total cost of deployment, thanks to two key advantages:

  • Simplified installation: NEXT’s modular architecture and 3-step mounting process radically reduce install time and complexity. This allowed the integrator to price the job more competitively.
  • Flexible configurations: The school deployment leveraged a mix of solo, duo, trio, and quad sensor configurations, unlike fixed quad-sensor competitors, delivering the right coverage per site without unnecessary hardware spend.

Key Features of the Deployment

  • Over 550 NEXT camera sensors with PTRZ lenses and on-device analytics
  • Cloud-connected edge storage via Vicon’s Anavio platform
  • Full deployment across multiple school campuses
  • Rapid install using Vicon’s patented modular mounting fixtures

Anavio, Vicon’s cloud-native video management platform, powers the entire deployment—offering remote access, centralized device management, health monitoring, and real-time alerts from anywhere. Unlike traditional systems, Anavio requires no additional licensing fees for NEXT customers, creating a true end-to-end solution with significantly lower total cost of ownership. This integration allows partners to deploy smart, scalable infrastructure without adding backend complexity or expense.

Strategic Perspective

Vicon has grown revenue from $21 million in FY2021 and is on track to exceed $36 million in FY2025, a compound annual growth rate of over 14%. That growth has come from operational execution, channel expansion, and legacy product performance, all before the benefits NEXT brings to the Company and the markets it serves.

With NEXT now in full production and early deployments underway, Cemtrex expects the platform to enhance Vicon’s growth trajectory by enabling faster, more cost-effective, and higher-value surveillance solutions across education, government, and enterprise sectors.

The order is expected to be fulfilled in Cemtrex’s fiscal fourth quarter. The customer’s name is being withheld due to confidentiality agreements.

About Cemtrex

Cemtrex, Inc. (Nasdaq: CETX) is a diversified technology company operating in the Security and Industrial sectors. Its 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. The Industrial segment, through Advanced Industrial Services (AIS), delivers expert rigging, millwrighting, process piping, and equipment installation services to manufacturers nationwide. With a focus on innovation, execution, and strategic growth, Cemtrex is committed to enhancing safety, efficiency, and 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 to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. 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.



Investor Relations:
investors@cemtrex.com

FAQ

What is the value of Cemtrex's (CETX) recent order from the Kentucky school district?

Cemtrex received a purchase order exceeding $500,000 for its NEXT Modular Sensor System from a major Kentucky school district.

How many camera sensors are included in Cemtrex's Kentucky school district deployment?

The deployment includes over 550 NEXT camera sensors with PTRZ lenses and on-device analytics, connected to Vicon's Anavio cloud platform.

What is Cemtrex's (CETX) revenue growth trajectory through Vicon?

Vicon's revenue has grown from $21 million in FY2021 and is projected to exceed $36 million in FY2025, representing a compound annual growth rate of over 14%.

What are the key advantages of Cemtrex's NEXT platform?

The NEXT platform offers simplified installation with a 3-step mounting process and flexible configurations (solo, duo, trio, and quad sensor options), resulting in lower total deployment costs.

When will Cemtrex (CETX) fulfill the Kentucky school district order?

The order is expected to be fulfilled in Cemtrex's fiscal fourth quarter of 2025.