Press Releases April 7, 2026

CEMTREX SUBSIDIARY, INVOCON, SELECTED FOR U.S. NAVY SBIR PHASE I CONTRACT IN NAVAL MINE WARFARE

Cemtrex's subsidiary Invocon awarded U.S. Navy SBIR Phase I contract for modular mine warfare technology

By Maya Rios CETX
CEMTREX SUBSIDIARY, INVOCON, SELECTED FOR U.S. NAVY SBIR PHASE I CONTRACT IN NAVAL MINE WARFARE
CETX

Cemtrex announced that its subsidiary Invocon, Inc. has been selected for a Phase I SBIR contract by the U.S. Navy's Naval Sea Systems Command to develop modular mine warfare components, validating Invocon's technical capabilities and expanding Cemtrex's role in defense aerospace and naval technology sectors.

Key Points

  • Invocon secured a competitive Phase I SBIR contract under NAVSEA for advanced modular mine warfare components.
  • The award highlights Cemtrex's growing presence and technical expertise in aerospace and defense, particularly naval defense electronics and power systems.
  • Cemtrex operates in multiple sectors including Security, Industrial, and Aerospace & Defense, with Invocon strengthening its Aerospace & Defense segment.

Hauppauge, NY, April 07, 2026 (GLOBE NEWSWIRE) -- – Cemtrex, Inc. (NASDAQ: CETX, CETXP) today announced that its subsidiary Invocon, Inc. has been selected as an apparently successful offeror for a Phase I Small Business Innovation Research (SBIR) contract with the Naval Sea Systems Command (NAVSEA). The award, under topic N254-P02: NAVSEA Open Topic for Modular Mine Warfare Components, recognizes Invocon's technical capabilities in advanced defense electronics and power systems engineering.

SBIR Phase I contracts are competitively awarded by the U.S. Department of Defense to small businesses demonstrating innovative solutions to defined military requirements. Invocon was among a limited number of firms selected from a national field of proposers.

"This selection reflects Invocon's growing relevance to U.S. Navy programs and validates the technical depth of our team," said Saagar Govil, CEO of Cemtrex. "We are pleased to expand Invocon's relationship with NAVSEA and look forward to contributing to U.S. naval capability."

Invocon, Inc., acquired by Cemtrex in January 2026, is an aerospace and defense engineering firm based in Conroe, Texas, specializing in electronics, energetics, power systems, and precision instrumentation for defense and commercial launch customers.

About Cemtrex

Cemtrex, Inc. (Nasdaq: CETX, CETXP) 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:
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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 anticipated operational performance, potential acquisitions, strategic initiatives, closing of any offerings, gross proceeds from any offerings, 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.


Risks

  • The forward-looking statements include uncertainties such as operational performance and acquisition outcomes that could affect results.
  • Dependence on government contracts means changes in defense spending or priorities could impact future revenue.
  • As a small business initiative contract, there is risk related to project execution and subsequent contract phases impacting sustained growth.

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