Lantronix to Showcase its AI-Enabled IoT Edge Compute Cellular Gateway

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]