Core Insights - Lantronix, Inc. (LTRX) has formed a partnership with Aerora to enhance Edge AI solutions for drones, robotics, and surveillance, utilizing Aerora's OEM platform for AI-driven visual navigation [1][9] - This collaboration aims to provide developers with advanced tools based on leading embedded compute technologies, facilitating new applications in both private and government sectors [2] Industry Overview - The global drone market is projected to reach $163.6 billion by 2030, growing at a CAGR of approximately 15%, driven by increased drone usage in logistics, agriculture, infrastructure, and public safety [3] - The U.S. Federal Government is actively supporting drone innovation and manufacturing, recognizing the sector's growing importance [3] Company Developments - Lantronix's Open-Q System-on-Module (SoM), powered by Qualcomm Technologies' chipsets, is central to the innovation, providing essential processing capabilities for real-time decision-making and AI-enhanced situational awareness [4] - The integrated solution from Aerora includes Teledyne FLIR's Hadron 640R module and Prism software, enabling advanced thermal and RGB imaging, and facilitating compliance with NDAA requirements [5][9] - In Q3 of fiscal 2025, Lantronix reinforced its leadership in AI edge intelligence and industrial connectivity, introducing the Open-Q 8550CS SoM, which enhances AI and machine learning capabilities for industrial applications [6] Financial Performance - Despite strategic initiatives, Lantronix experienced a decline in sales across its IoT System Solutions and Software & Services segments, with IoT System Solutions revenues down 45% year-over-year, and Embedded IoT Solutions revenues down 3.7% [7] - The company reported that IoT System Solutions contributed 51.7% to total revenues, while Embedded IoT Solutions contributed 42.1% [7] Stock Performance - Lantronix currently holds a Zacks Rank of 4 (Sell), with shares declining by 29.1% over the past year, contrasting with a 41.2% growth in the Zacks Computer Networking industry [8]

Core Insights - Lantronix partners with Aerora to advance AI-driven drone solutions, enhancing edge AI capabilities for various applications [1][2] - The global drone market is projected to reach $163.6 billion by 2030, with a compound annual growth rate (CAGR) of 15% [1] - Aerora's solutions leverage Qualcomm® Technologies chipsets and Lantronix Open-Q™ system-on-modules (SoMs) for superior processing power [2] Company Overview - Lantronix Inc. is a global leader in IoT solutions, focusing on smart cities, automotive, and enterprise sectors [4] - Aerora provides fully integrated, NDAA-compliant propulsion, ground control, and AI payload systems, streamlining drone and robotics innovation [5][6] Technological Advancements - Aerora's solutions include advanced thermal and RGB imaging capabilities through integration with Teledyne FLIR Hadron 640R modules [2][3] - The collaboration aims to reduce engineering overhead and accelerate time-to-market for OEMs in the drone and robotics sectors [2][3]

Lantronix and Aerora positioned to advance technologies in AI-powered drone solutions IRVINE, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today announced its collaboration with Aerora, a provider of integrated NDAA-compliant propulsion, ground control and precision AI payload systems. This collaboration delivers Edge AI-driven solutions that significantly accelerate advancements in drones, r ...

Lantronix Director to Speak on “Out-of-Band Everywhere!”IRVINE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that it will do live demos and daily giveaways of its LM4 AI-driven Out-of-Band Management (OOBM) platform at booth 3219 at Cisco Live held June 9–12, 2025, in San Diego. Lantronix, a Cisco Devnet Partner, has the most complete portfolio of out-of-band management con ...

Core Insights - Lantronix Inc. has been awarded the 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway, which is recognized as the first AI-enabled IoT Edge Compute Cellular Gateway powered by the Qualcomm IQ-615 processor [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [6] - The company emphasizes innovation and has a long-term partnership with Qualcomm to deliver advanced IoT solutions [3][6] Product Features - The SmartLV is designed for low-voltage substations and distribution automation applications, aimed at enhancing real-time visibility, control, and automation in the energy sector [4] - It incorporates advanced cybersecurity protocols and AI capabilities, ensuring secure operations for mission-critical applications [5] - The gateway provides Distribution System Operators (DSOs) with the ability to control energy distribution precisely when and where needed [4][5][6]

Dr. Sailesh Chittipeddi New Addition to the Lantronix Board of Directors IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Sailesh Chittipeddi, Ph.D., has joined the Lantronix Board of Directors as an independent director, effective May 6, 2025. Following the appointment of Chittipeddi, the Lantronix Board of Directors will be comprised of five directors, four o ...

Lantronix, Inc. LTRX reported in-line earnings for the third quarter, after the closing bell on Thursday.The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects conti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. Commission file number: 001-16027 Table of Contents Delaware 33-0362767 48 Discovery, Suite 250, Irvine, California (Address of principal executi ...

Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Lantronix, which belongs to the ...

Lantronix (LTRX) Q3 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Brent Stringham - CFOSaleel Awsare - CEO Conference Call Participants Jason Smith - AnalystScott Searle - Managing Director, Senior Research AnalystChristian Schwab - Senior Research Analyst Operator Good day, and welcome to the Lantronix twenty twenty five Q3 Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Bre ...