Cemtrex Inc (NASDAQ: CETX) is a diversified technology holding company that operates across industrial services, electronics manufacturing, and digital assets. The company generates revenue through its operating subsidiaries and holds Solana (SOL) cryptocurrency, which it stakes to earn network rewards. In November 2025, Cemtrex entered into a Share Purchase Agreement to acquire Invocon, Inc., a Texas-based systems-engineering firm specializing in instrumentation, wireless sensing systems, and flight hardware for aerospace, defense, and civil structure monitoring applications. To fund potential acquisitions, the company issued a $7,025,000 Promissory Note to Streeterville Capital, LLC on November 7, 2025, carrying an 8% per annum interest rate from January 1, 2026, and maturing eighteen months from issuance. As of December 22, 2025, Cemtrex had 6,911,663 shares of common stock outstanding and held Series 1 and Series C preferred stock. No cash dividends were declared or paid on common stock during the two most recent fiscal years. Goodwill stood at $3,708,347 as of September 30, 2025.

Revenue model

Revenue is generated through operating subsidiaries across industrial and electronics segments, supplemented by staking rewards from Solana (SOL) digital asset holdings. The company has also issued equity instruments including common stock and warrants to raise capital.

Products and services

Industrial and electronics products and services through operating subsidiaries; Solana (SOL) cryptocurrency holdings with staking rewards; pending acquisition of Invocon, Inc. products including mission-critical instrumentation, wireless sensing systems, and aerospace flight hardware (agreement dated November 13, 2025).

Customers and end markets

End markets include aerospace, defense, and civil structure monitoring, based on the pending Invocon acquisition. The filing does not specify customer concentration data or other end-market breakdowns.

Value-chain role

Holding company that acquires and operates technology and industrial subsidiaries. Acts as acquirer and operator rather than pure product manufacturer or distributor.

Geographic exposure

The filing references Texas-based acquisition target Invocon, Inc. and notes exposure to international trade risks, but does not provide a specific geographic revenue breakdown.

Source: SEC 10-K, filed 2025-12-29

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