Core Insights - Lantronix Inc. has been recognized as the 8th Fastest-Growing Midsize Public Company in Orange County, California, with a revenue growth of 22% from 2022 to 2024, achieving revenues of $160.3 million for the 12 months ending December 30, 2024 [1][2] Company Achievements - The CEO of Lantronix, Saleel Awsare, expressed pride in the company's ranking, attributing it to the support of the team and technology partners, which has facilitated advancements in AI, Edge Computing, Industry 4.0, IIoT, and Out-of-Band Management [2] - Lantronix has received multiple awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for Saleel Awsare, and has been listed in the 2025 CRN® Internet of Things (IoT) 50 list [3] Strategic Growth Initiatives - To support its growth strategy for 2025 and beyond, Lantronix has hired experienced industry leaders to enhance its global presence in compute and connectivity [2] - The company focuses on high-growth markets such as Smart Cities, Enterprise, and Transportation, providing customizable IoT solutions that enable AI Edge Intelligence [4]
Lantronix Ranks 8th on Orange County Business Journal's List of Fastest-Growing Midsize Public Companies