Workflow
Advanced sensing systems
icon
Search documents
Cemtrex Enters into Agreement to Acquire Invocon, Adding Proven Aerospace & Defense Engineering Capabilities
Globenewswire· 2025-11-20 14:15
Core Viewpoint - Cemtrex, Inc. has announced a definitive agreement to acquire Invocon, Inc. for $7.06 million, aiming to establish a new Aerospace & Defense segment upon closing in early 2026 [4][5]. Group 1: Acquisition Details - The acquisition involves Cemtrex acquiring 100% of the issued and outstanding shares of Invocon, a Texas-based systems-engineering firm with a 40-year history in aerospace and defense [4]. - The transaction is expected to close on or around January 1, 2026, subject to customary closing conditions [4]. Group 2: Strategic Importance - This acquisition represents a significant strategic expansion for Cemtrex, enhancing its capabilities in high-reliability electronics, flight instrumentation, and complex system design [3]. - Invocon's technologies have been utilized in over 40 shuttle flights and 30 target missile flights, showcasing its expertise in mission-critical applications [2]. Group 3: Future Outlook - Following the acquisition, Cemtrex plans to establish a new reporting segment, Aerospace & Defense, positioning itself to engage in advanced engineering programs for government agencies and commercial-space customers [5]. - The integration of Invocon's advanced sensing systems and flight-proven hardware aligns with Cemtrex's long-term strategy to expand into high-reliability and mission-critical technologies [5].