Denver, Colorado - Cemtrex (NASDAQ:CETX) reported that its subsidiary, Invocon, which Cemtrex acquired in January 2026, was selected for a Phase I Small Business Innovation Research (SBIR) contract with the U.S. Navy’s Naval Sea Systems Command (NAVSEA). The award falls under a program focused on developing modular components for naval mine warfare and highlights Invocon’s expertise in advanced defense electronics and power systems engineering.
"This selection reflects Invocon's growing relevance to U.S. Navy programs and validates the technical depth of our team," said Saagar Govil, CEO of Cemtrex. "We are pleased to expand Invocon's relationship with NAVSEA and look forward to contributing to U.S. naval capability."
SBIR Phase I contracts are highly competitive and awarded by the U.S. Department of Defense to small businesses with innovative solutions to military challenges. Invocon was chosen from a nationwide pool of applicants, signaling strong confidence in its technical capabilities.