Cemtrex Inc. Secures Major Contracts for Wastewater Treatment Upgrades
In a significant development for Cemtrex Inc., the technology company’s subsidiary, Advanced Industrial Services (AIS), has secured two substantial contracts aimed at upgrading critical infrastructure at wastewater treatment facilities. These contracts, valued at $1.8 million and $1.84 million respectively, underscore Cemtrex’s growing influence in the municipal and industrial sectors.
On May 27, 2025, AIS was awarded a $1.84 million contract by the City of Lancaster to undertake the Advanced Wastewater Treatment Plant South Primary Clarifier Upgrades Project. This project, identified under Contract No. 2023-33-01, involves replacing process mechanical and electrical systems, rehabilitating clarifier structures, and modernizing control systems for four primary clarifiers in the South Train of Lancaster’s Advanced Wastewater Treatment Plant (AWWTP). The project is set to be completed within one year, aligning with the City’s 2025–2026 fiscal year.
This contract is a testament to AIS’s expertise and its ability to deliver high-impact projects. Saagar Govil, Chairman and CEO of Cemtrex, expressed confidence in AIS’s capabilities, stating, “This new contract is another strong win for AIS. We’re continuing to execute in core markets by doing what we do best.”
The news of these contracts comes at a pivotal time for Cemtrex Inc., a company that has experienced significant fluctuations in its stock price over the past year. With a close price of $1.685 on May 22, 2025, the company’s market capitalization stands at $3.08 million. Despite a challenging financial landscape, as indicated by a negative price-to-earnings ratio of -0.00282, these contracts could signal a positive trajectory for the company.
Cemtrex Inc., headquartered in Brooklyn, USA, operates in the Information Technology sector, focusing on commercial services and supplies. The company is known for driving innovation in areas such as the internet of things (IoT), augmented and virtual reality, artificial intelligence, and computer vision across diverse sectors.
As Cemtrex continues to expand its footprint in the municipal and industrial sectors, these contracts not only enhance its portfolio but also reinforce its commitment to delivering cutting-edge solutions. Investors and stakeholders will be closely watching how these developments impact the company’s financial performance and market position in the coming months.