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CETX - Cemtrex Inc.
$1.95
-0.16(-7.58%)8:59:31 PM 1/26/2021
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through Advanced Technologies and Industrial Services segments. The Advanced Technologies segment provides IoT products, wearables, and smart devices under the SmartDesk name for mobile, Web, virtual and augmented reality, wearables, and television markets; and security and video surveillance, as well as develops various applications for virtual and augmented reality markets. This segment also offers browser-based video monitoring systems and facial recognition systems, cameras, servers, and access control systems for security and surveillance in industrial and commercial facilities, federal prisons, hospitals, universities, schools, and federal and state government offices. The Industrial Technology segment offers single-source services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. This segments installs high precision equipment in various industrial markets comprising automotive, printing and graphics, industrial automation, packaging, chemicals and others; and provides maintenance and contracting solutions for the machinery, packaging, printing, chemical, and other manufacturing markets. The company was formerly known as Diversified American Holding, Inc. and changed its name to Cemtrex, Inc. in December 2004. Cemtrex, Inc. was incorporated in 1998 and is headquartered in Brooklyn, New York.
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    01/5/2021CETX
    Cemtrex Reports Fourth Quarter and Full Year 2020 Financial Results

    2020 Revenue Increases 11% to $43.5 Million & 2020 Gross Profit Margin Increases 400 Basis Points to 44%Brooklyn, NY, Jan. 05, 2021 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has reported its financial and operational results for the fourth quarter and year ended September 30, 2020. Key Fourth Quarter 2020 and Subsequent...

    12/17/2020CETX
    Cemtrex Launches Next Generation SmartDesk for Laptop Users

    State-of-the-Art SmartDesk Connect  Includes 4K UHD Monitors, Sit-Stand Desk, Ergonomic Tabletop & Built-In Wireless Phone ChargerBrooklyn, NY, Dec. 17, 2020 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today unveiled its new SmartDesk, the SmartDesk Connect. The SmartDesk Connect is an advanced workstation that includes 4K...

    12/8/2020CETX
    Cemtrex Announces Engagements with Major Consumer Brands to Utilize AR/VR in Digital Marketing Campaigns

    HBO Max and Modelo USA Harnessing Next-Generation Augmented & Virtual Reality Experiences to Promote Customer InterestBrooklyn, NY, Dec. 08, 2020 (GLOBE NEWSWIRE) --   Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality (AR/VR), today announced ongoing engagements with HBO Max, a pay television network, and Modelo USA, brewer of Modelo beer, to create AR...

    12/1/2020CETX
    Cemtrex Makes Strategic Investment into MasterpieceVR

    Partnership With Leading 3D Content Development Platform for Virtual Reality to Expand Cemtrex’s VR PortfolioBrooklyn, NY, Dec. 01, 2020 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today announced a strategic investment into MasterpieceVR, the developer of a professional desktop and VR application suite that offers  3D con...

    11/23/2020CETX
    Cemtrex’s Virtual Driver Interactive (VDI) Now Offering Driving EssentialsXE Teen Driver Training on PlayStation5 and Xbox Series X

    Teens Able to Learn How to Drive at Home Using Next Generation Consoles During PandemicBrooklyn, NY, Nov. 23, 2020 (GLOBE NEWSWIRE) -- — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today announced its subsidiary Virtual Driver Interactive (VDI) is now offering the Driving EssentialsXE program on the newly released Sony PS5 and Microsoft Xbox Ser...

    10/26/2020CETX
    Cemtrex Completes Acquisition of Training Simulation Technology Company, Virtual Driver Interactive

    Acquisition to Enhance Company’s Augmented & Virtual Reality Growth Segment & VR Training Product LineBrooklyn, NY, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has signed a definitive agreement to acquire Virtual Driver Interactive (“VDI”), a California based provider of innovative driver training simulation sol...

    10/8/2020CETX
    Cemtrex Receives $0.5 Million Upgrade Order in Advanced Technologies Segment

    Corrections Facility in Tennessee to Upgrade Security Surveillance System Including Over 1,000 CamerasBrooklyn, NY, Oct. 08, 2020 (GLOBE NEWSWIRE) --  — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, has received a $500,000 order to upgrade a security technology system through its Advanced Technology Segment for a large Tennessee based corrections ...