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Lantronix to Showcase its AI-Enabled IoT Edge Compute Cellular Gateway
ZACKS· 2025-03-10 13:55
Core Insights - Lantronix, Inc. (LTRX) is set to showcase its SmartLV, the first AI-enabled IoT Edge Compute Cellular Gateway, at Embedded World in March 2025, aimed at revolutionizing smart grids and utilities [1][2] - The SmartLV Gateway will enhance real-time visibility and control in the energy sector, empowering Distribution System Operators (DSOs) with advanced energy management capabilities [3] - The commercial launch of SmartLV is planned for 2025, with trials starting by the end of 2024 [4] Innovation and Strategic Developments - Lantronix is driving growth through innovation, recently introducing an AI-powered camera and partnering with Redtree Solutions to expand its Open-Q embedded compute solutions [5] - The company has also acquired NetComm for $6.5 million, enhancing its Connect business with 4G and 5G gateways [5] - New product launches include the 28-port SM24TBT4XPA Managed 2.5G Ethernet PoE++ network switch, showcased at the 2025 BICSI Winter Conference [6] Market Focus and Partnerships - Lantronix is focusing on Edge Intelligence, targeting three main markets: Enterprise, Smart Cities, and Transportation [7] - The company is strengthening its partnership with Qualcomm to integrate AI into edge systems for real-time analytics across various sectors [8] Financial Performance and Challenges - Despite strategic acquisitions and innovations, Lantronix faces challenges in its IoT System Solutions and Software & Services segments, with a notable decline in Embedded IoT Solutions revenues due to reduced orders from automotive customers [9] - The company's stock has decreased by 25.2% over the past year, contrasting with a 26.1% growth in the Computer - Networking industry [10]
Lantronix to Demonstrate SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, in the Qualcomm Booth at Embedded World in Nuremberg
GlobeNewswire News Room· 2025-03-06 09:00
Core Insights - Lantronix Inc. announced the demonstration of its SmartLV, the first AI-enabled IoT Edge Compute Cellular Gateway, at Embedded World 2025, showcasing its capabilities for low-voltage substations and distribution automation in smart grids [1][2][3] Group 1: Product Features and Innovations - The SmartLV utilizes Qualcomm's Dragonwing IQ-615, designed for real-time monitoring of power consumption and cost optimization for grid operators [2][5] - It enhances real-time visibility, control, and automation for Distribution System Operators (DSOs), ensuring robust and secure operations for critical applications [4][5] - The integration of advanced sensors, AI, and decentralized computing aims to improve efficiency, reliability, and sustainability in power grids [5][6] Group 2: Collaboration and Market Impact - The SmartLV Gateway represents a culmination of Lantronix's collaboration with Qualcomm Technologies, combining their strengths in AI and IoT solutions for industrial applications [6] - This innovation is expected to transform energy delivery and consumption, accelerating grid transformation in Europe [3][4] Group 3: Availability and Future Plans - The SmartLV Gateway is set to launch in calendar year 2025, with trials beginning at the end of calendar year 2024 for selected DSOs [7]
Lantronix to Participate in 37th Annual ROTH Conference
Globenewswire· 2025-03-05 12:00
Group 1 - Lantronix Inc. will have its CEO Saleel Awsare present at the 37th Annual ROTH Conference from March 16-18, 2025, focusing on "Edge Compute & AI" [1] - The company aims to engage in one-on-one meetings during the conference, providing opportunities for direct interaction with investors [2] - Lantronix specializes in IoT solutions that support high-growth markets such as Smart Cities, Enterprise, and Transportation, emphasizing AI Edge Intelligence [3] Group 2 - The company's product offerings include Intelligent Substations, Infotainment systems, and Video Surveillance, along with advanced Out-of-Band Management for Cloud and Edge Computing [3]
Lantronix 携手 Teledyne FLIR 实现热成像无缝集成,赋能下一代人工智能驱动型摄像头解决方案
Globenewswire· 2025-03-04 12:00
Core Insights - Lantronix Inc. has made significant advancements in AI-driven camera technology by integrating its Open-Q SoM with Teledyne FLIR's infrared thermal imaging modules and Prism embedded software, enhancing the development of next-generation AI-driven camera solutions for autonomous navigation, drones, surveillance, and robotics [1][2][3] Company Overview - Lantronix is a global leader in IoT solutions focused on computing and connectivity, empowering AI edge intelligence, and providing customizable solutions for high-growth markets such as smart cities, enterprise, and transportation [8] Technology Integration - The integration of Lantronix's Open-Q SoM with Qualcomm's Dragonwing QRB5165 and QCS8250 processor platforms offers unparalleled processing capabilities for AI-driven situational awareness, advanced computational imaging, and real-time decision-making [2][4] - The collaboration with Teledyne FLIR allows for advanced thermal imaging signal processing and AI functionalities, providing developers with greater flexibility in creating thermal imaging AI platforms [4][5] Product Features - The Open-Q 5165 SoM is ultra-compact (50mm x 29mm), production-ready, and pre-certified, optimized for AI and edge computing, featuring advanced capabilities such as super-resolution, turbulence suppression, atmospheric obscuration correction, noise reduction, image fusion, electronic stabilization, and local contrast enhancement [5][6] - The system supports multiple camera interfaces for simultaneous capture of color and infrared video, enhancing the performance of AI camera solutions [4][5] Upcoming Events - Lantronix will showcase its SoM at the Embedded World exhibition in Nuremberg, Germany, from March 13 to 15, 2025, at Qualcomm Technologies' booth [7]
Lantronix Powers Next-Generation AI-Enabled Camera Solutions With Seamless Teledyne FLIR Thermal Integration
Globenewswire· 2025-03-04 12:00
Core Insights - Lantronix Inc. has announced a significant advancement in AI-powered camera technology through the integration of its Open-Q System-on-Module (SoM) solutions with Teledyne FLIR's thermal infrared camera modules and Prism embedded software, enhancing applications in drones, robotics, and surveillance [1][3] Group 1: Technology Integration - The integration of Lantronix's Open-Q SoMs, based on Qualcomm's Dragonwing QRB5165 and QCS8250 platforms, provides exceptional processing capabilities for AI-driven situational awareness and real-time decision-making [2][4] - This collaboration allows developers to create high-performance, size-, weight-, and power-optimized AI camera solutions, pushing the boundaries of innovation [2][3] Group 2: Advanced Features - Key features of the integrated solution include advanced thermal image signal processing and AI capabilities, supporting simultaneous color and infrared video capture across multiple camera interfaces [4][6] - The Prism ISP offers functionalities such as super resolution, turbulence mitigation, and electronic stabilization, while the Prism AI enables real-time object detection and high-speed target tracking [6][7] Group 3: Market Positioning - Lantronix positions itself as a leader in IoT solutions targeting high-growth markets, including Smart Cities and Transportation, by delivering customizable solutions that enable AI Edge Intelligence [9] - The company will showcase its SoMs at the Embedded World event in Nuremberg, Germany, highlighting its commitment to innovation in the AI and IoT sectors [8]
Lantronix Selects Redtree Solutions Ltd to Serve as a Manufacturer's Rep for Its Open-Q Family of Embedded Compute Solutions in EMEA
Newsfilter· 2025-02-26 09:00
Core Insights - Lantronix Inc. has announced a strategic partnership with Redtree Solutions to enhance its market presence in EMEA by representing its Open-Q™ embedded compute System-on-Module (SOM) and Development Kit solutions [1][2][4] Group 1: Partnership Details - The partnership aims to broaden access to Lantronix's advanced SOMs and Development Kits, providing developers with a cost-effective path to create innovative products [2][3] - Kurt Hoff, VP of Global Sales & Marketing at Lantronix, expressed enthusiasm about the partnership, highlighting the growing demand for embedded compute development solutions [3][4] - Steve Judge, president of Redtree Solutions, emphasized the alignment of their mission with Lantronix's offerings, aiming to deliver leading-edge technologies to customers [4] Group 2: Company Background - Redtree Solutions, founded in 2006, is the largest Pan-European representative company in the Semiconductor Industry, covering over 20 countries in EMEA with more than 500 active customers [5] - Lantronix is recognized as a global leader in IoT solutions, targeting high-growth markets such as Smart Cities, Enterprise, and Transportation, with products that enable AI Edge Intelligence [6]
Lantronix Selects Redtree Solutions Ltd to Serve as a Manufacturer’s Rep for Its Open-Q Family of Embedded Compute Solutions in EMEA
Globenewswire· 2025-02-26 09:00
Core Viewpoint - Lantronix Inc. has announced a strategic partnership with Redtree Solutions to enhance its market presence in EMEA by leveraging Redtree's expertise and customer relationships to promote its Open-Q™ embedded compute System-on-Module (SOM) and Development Kit solutions [1][2][4]. Company Overview - Lantronix Inc. is a global leader in compute and connectivity IoT solutions, targeting high-growth markets such as Smart Cities, Enterprise, and Transportation [6]. - The company's products enable AI Edge Intelligence and include solutions for Intelligent Substations, Infotainment systems, and Video Surveillance, along with advanced Out-of-Band Management for Cloud and Edge Computing [6]. Partnership Details - The partnership with Redtree Solutions aims to broaden Lantronix's market access in EMEA, providing developers with cost-effective embedded compute development solutions [2][3]. - Kurt Hoff, VP of Global Sales & Marketing at Lantronix, expressed enthusiasm about the partnership, highlighting the growing demand for innovative solutions in the region [3][4]. - Steve Judge, president of Redtree Solutions, emphasized the alignment of their mission with Lantronix's offerings, aiming to deliver leading-edge technologies to customers [4]. Redtree Solutions Overview - Redtree Solutions, founded in 2006, is the largest Pan-European representative company in the Semiconductor Industry, covering over 20 countries in EMEA with more than 500 active customers [5]. - The company focuses on next-generation technologies and optimizing electronic systems architecture for its customers [5].
Lantronix PoE++ Switches Help Power the World’s Largest DC-Powered Warehouse
Globenewswire· 2025-02-20 12:00
Core Insights - Mouser Electronics has implemented a new 413,000-square-foot Global Distribution Center, recognized as the world's largest new Class 4 DC-powered installation, which significantly reduces energy usage costs and minimizes its carbon footprint [1][5][10] - The facility utilizes Lantronix PoE++ switches to distribute low-voltage DC power, enhancing sustainability and creating a more comfortable work environment [2][3] - The PoE lighting system, designed by Baird, Hampton & Brown, incorporates advanced technology to improve lighting control and operational costs while reducing environmental impact [5][10] Company Overview - Lantronix Inc. is a leader in compute and connectivity IoT solutions, targeting high-growth markets such as Smart Cities and Enterprise [8] - The company provides customizable solutions that enable AI Edge Intelligence, including Intelligent Substations infrastructure and Video Surveillance [8] Benefits of the New System - The new DC-powered PoE lighting solution offers reduced energy consumption and related cost savings, enhanced flexibility in lighting control, and improved working conditions for employees [10] - The system allows for scalability and flexibility, enabling Mouser to adapt to changing warehouse needs while further reducing long-term costs [6][10]
Lantronix Expands Latin American Market Reach Through Strategic Partnership With Ion LATAM
Newsfilter· 2025-02-18 12:00
Core Insights - Lantronix Inc. has announced a strategic partnership with Ion LATAM to enhance its market presence in Latin America, focusing on IoT and AI Edge solutions [1][2] - The partnership aims to meet the growing demand for secure and reliable IoT solutions in the region, with Ion LATAM promoting Lantronix's product portfolio and providing technical support [2][3] - This collaboration is seen as a significant milestone for Lantronix in its commitment to delivering innovative products and services globally [2] Company Overview - Lantronix Inc. is recognized as a global leader in compute and connectivity IoT solutions, targeting high-growth markets such as Smart Cities, Enterprise, and Transportation [3] - The company's offerings include customizable solutions that enable AI Edge Intelligence, with advanced products like Intelligent Substations, Infotainment systems, and Video Surveillance [3]
Lantronix Appoints Steve Burrington as Vice President of Global Research and Development
Globenewswire· 2025-02-11 12:00
VP, Global Research & Development Steve Burrington join Lantronix to oversee all aspects of product development IRVINE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX) (“the Company”), a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, is proud to announce the appointment of Steve Burrington as Vice President of Global Research and Development. Burrington will oversee all aspects of product development and will play a key role in defining ...