Welcome to our dedicated page for Cemtrex news (Ticker: CETXP), a resource for investors and traders seeking the latest updates and insights on Cemtrex stock.
Cemtrex Inc. (Nasdaq: CETXP) delivers innovative security technology and industrial solutions through advanced AI analytics and integrated systems. This dedicated news hub provides investors and industry professionals with centralized access to official company announcements, financial updates, and strategic developments.
Find timely updates on product launches, partnership agreements, and financial performance, including earnings reports and regulatory filings. Track the company's progress in deploying smart surveillance solutions through its subsidiary Vicon Industries, along with advancements in industrial automation services.
Our curated news collection helps stakeholders monitor Cemtrex's dual focus on security innovation and industrial efficiency, including developments in augmented reality interfaces and modular camera systems. Bookmark this page for reliable updates on contracts, technology patents, and market expansion initiatives.
Cemtrex (NASDAQ: CETX, CETXP) announced a $0.8 million order for Vicon surveillance technology to be installed in a new Category C prison in the U.K. This facility will hold 1,400 prisoners and is designed to be zero-carbon, featuring an all-electric setup with solar panels and energy-efficient systems. The Vicon system includes advanced video surveillance capabilities using the Valerus Video Management System and Roughneck cameras. Cemtrex aims for a 16% revenue growth to reach $28 million this year, driven by increasing demand for cutting-edge security solutions in correctional facilities.
Cemtrex Inc. (NASDAQ: CETX, CETXP) announced the release of enhanced AI-based analytics for its Vicon Roughneck® AI Camera series, improving its unified VMS platform. The new release, Valerus 23.1, features advanced object classification and tracking, allowing for more efficient searches and real-time notifications for significant events. Key advantages include edge-based analytics, object-based recording, and plug-and-play installation, enhancing the camera's functionality while saving on server resources and storage costs. This release marks the start of Cemtrex’s AI roadmap aimed at transforming the security industry.
FAQ
What is the current stock price of Cemtrex (CETXP)?
What is the market cap of Cemtrex (CETXP)?
