Cemtrex Announces Strategic Partnership with Blockchain based Smartglasses Manufacturer, Lucyd
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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Source: GlobeNewswire
Farmingdale, NY, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Cemtrex Advanced Technologies (CAT), a subsidiary of Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), announced today that its CemtrexVR (www.cemtrexvr.com) division has entered into a strategic partnership to develop augmented reality (AR) solutions with Lucyd (www.lucyd.co), a manufacturer of ergonomic smartglasses utilizing a blockchain platform with its LCD token to create, share and experience AR content. CAT’s newly formed division CemtrexVR, has long term plans to develop integrated hardware and software solutions for a wide variety of virtual and augmented reality applications. One area Cemtrex is initially focusing on is developing solutions for industrial applications, leveraging its extensive Fortune 500 customer base, to improve manufacturing production time and quality control using AR / VR. The company is already in early stage discussions with a Top 10 global aerospace equipment manufacturer for a pilot demonstration w
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Sec Filings
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- CETX's page on the SEC website