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Investing.com -- Cemtrex Inc (NASDAQ:CETX) stock rose 2.3% after the company announced that its subsidiary Vicon Industries secured a follow-on order exceeding $1.2 million from a major Midwestern county government for a security upgrade project.
The order, placed through a global systems integration partner, includes Vicon’s high-performance cameras, recording servers, and Valerus video management software licenses to enhance security across multiple county facilities. This represents one of Vicon’s largest public-sector wins in recent quarters, with fulfillment expected over the coming months, contributing to Vicon’s fiscal 2025 results.
"This award reflects the strength of our execution and the trust we’ve earned with key public-sector stakeholders," said Saagar Govil, Chairman and CEO of Cemtrex. "As municipalities invest in more advanced and unified security platforms, Vicon is increasingly the partner of choice."
The company noted that the order reinforces a pattern of repeat institutional orders, particularly in government and education sectors. This development comes amid growing market interest in Vicon’s next-generation offerings, including the NEXT Modular Sensor System, which has received recognition for innovation and design excellence.
Cemtrex views this order as validation of its strategy to transform Vicon from a legacy camera business into a modern surveillance technology platform, with emphasis on modular design, AI-enhanced analytics, and public-sector readiness.
The company expects Vicon to deliver meaningful YoY growth in fiscal 2025 and beyond, supported by recent industry awards, increased sales velocity, and a growing pipeline of institutional projects.
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