Cemtrex Raises $4M Via Direct Offering, Acquires Invocon with $7.4M Revenues
Cemtrex will sell 1.47 million shares and warrants at $2.722 each in a registered direct offering to raise $4 million, expected to close January 9, 2026. It acquired Invocon, adding an aerospace & defense segment with $7.4 million in annual revenue and $1.7 million operating income.
1. Registered Direct Offering Boosts Balance Sheet
Cemtrex announced a definitive agreement with a single institutional investor to sell approximately 1.47 million shares and/or pre-funded warrants, generating gross proceeds of $4 million. The offering, conducted under an effective Form S-3 shelf registration statement declared effective by the SEC in February 2025, is expected to close on or about January 9, 2026, contingent on customary closing conditions. Net proceeds are earmarked for general corporate purposes, including working capital and potential strategic acquisitions, enhancing Cemtrex’s liquidity position as it pursues growth across its three business segments.
2. Invocon Acquisition Launches Aerospace & Defense Segment
On January 8, 2026, Cemtrex completed its acquisition of Invocon, a Texas-based aerospace and defense engineering firm with nearly 40 years of experience in advanced instrumentation, wireless sensing, and telemetry for satellites, launch vehicles and missile platforms. Based on unaudited 2023–2024 results, Invocon averaged annual revenues of $7.4 million and operating income of $1.7 million, underpinning a profitable, program-driven business with long-standing U.S. government and prime contractor relationships.
3. Missile Defense Modernization Opportunity
Invocon has secured task awards under the Missile Defense Agency’s SHIELD indefinite-delivery, indefinite-quantity contract, which carries a total program ceiling of up to $151 billion. SHIELD’s focus on rapid development and deployment of layered homeland defense solutions positions Cemtrex to capitalize on increased U.S. defense spending and strategic priorities related to resilient missile defense and contested-environment operations.
4. Integration and Growth Priorities
Cemtrex’s near-term agenda includes maintaining operational continuity for Invocon’s existing programs while integrating financial and reporting systems. The company plans to expand capture efforts for instrumentation, power systems, sensing and telemetry contracts across missile defense and commercial space markets. Additionally, Cemtrex will evaluate further strategic acquisitions and partnerships to strengthen its Security and Industrial segments, aiming to drive sustained earnings growth and long-term shareholder value.