Lake Street Identifies Lantronix (LTRX) as a Hidden Gem Driven by Drone Industry Traction, Tier-1 Wireless Demand

Group 1 - Lantronix Inc. is identified as a promising investment opportunity, particularly within the drone industry, with a price target increase from $6 to $8 by Lake Street, which maintains a Buy rating on the shares [1] - The company is experiencing growth due to steady demand from a Tier-1 wireless provider for cell site monitoring and strength in the out-of-band management market, which is expected to drive revenue growth into the next year [1] - A collaboration with Trillium Engineering has been announced to integrate Lantronix's Edge AI technology into gimbaled imaging systems for Uncrewed Aircraft Systems, providing NDAA/TAA-compliant solutions for military and commercial drone platforms [2][3] Group 2 - The collaboration utilizes Lantronix's Open-Q 5165RB System on Module, powered by Qualcomm Dragonwing processors, enabling advanced on-device AI functions such as real-time edge processing and AI-driven object detection and tracking [3] - The technology is optimized for Size, Weight, and Power, ensuring high performance in compact uncrewed platforms while maintaining precision targeting and low latency in challenging environments [3] - Lantronix develops, markets, and sells industrial and enterprise IoT products and services across multiple regions, including the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan [4]