Welcome to our dedicated page for Lantronix news (Ticker: LTRX), a resource for investors and traders seeking the latest updates and insights on Lantronix stock.
Overview
Lantronix (NASDAQ: LTRX) is a globally recognized provider of secure data access and management solutions designed for the dynamic realm of the Internet of Things (IoT). With a legacy of over two decades in creating robust machine-to-machine (M2M) communication systems, Lantronix excels in enabling reliable and scalable connectivity across varied applications. In today’s technology landscape, keywords such as "IoT connectivity", "Edge AI", and "cybersecurity" underscore the critical technological framework on which Lantronix’s solutions are built.
Core Business and Product Offerings
At its core, Lantronix delivers advanced connectivity and compute solutions that empower companies to seamlessly deploy, manage, and secure IoT projects. The company strategically segments its portfolio into three primary product lines: Embedded IoT Solutions, IoT System Solutions, and Software and Services. Among these, the IoT System Solutions segment plays a pivotal role in the firm’s revenue model, offering high-performance, secure platforms to bridge cloud and edge computing environments.
Industry Applications and Market Segmentation
Lantronix’s innovative solutions address the needs of a wide array of industries. Its products are integrated into systems within healthcare, industrial automation, security, energy management, transportation, financial services, and government applications. Whether it is facilitating secure data centers, powering smart grid infrastructures, or enabling remote device management in mission-critical environments, Lantronix provides tailored solutions that enhance operational efficiency and reliability.
Technological Excellence and Innovation
Driven by a commitment to technological innovation, Lantronix continuously advances its product offerings by incorporating the latest in connectivity and computing technologies. Its solutions feature advanced remote management capabilities, out-of-band connectivity, and secure communication protocols that are essential for modern IoT deployments. The company leverages the convergence of hardware and software innovations, including Edge AI and cloud integration, to ensure that its solutions offer both scalability and security.
Competitive Landscape and Strategic Positioning
Operating in a highly competitive technology sector, Lantronix differentiates itself by focusing on security, ease-of-use, and customizable connectivity solutions. Rather than merely competing on scale, the company demonstrates its expertise through a conscientious approach to robust system integration and interoperability. This methodical focus allows Lantronix to serve niche market segments while maintaining broad appeal across global enterprises, smart city initiatives, and industrial applications.
Global Presence and Market Reach
Lantronix boasts a significant global footprint, serving diverse geographic markets including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Its technologies are embedded in millions of devices worldwide, reinforcing its reputation as a reliable provider of secure connectivity solutions. This expansive reach, combined with consistent innovation, positions the company to adapt to rapidly evolving market demands while ensuring long-term operational stability.
Commitment to E-E-A-T Principles
In line with the principles of Expertise, Experience, Authoritativeness, and Trustworthiness, Lantronix maintains a deep understanding of the intricate dynamics of the IoT market. Its leadership team, renowned for their extensive technical and financial experience, guides the company through a landscape marked by rapid technological change and intense competition. By consistently delivering high-quality, secure products, Lantronix builds enduring trust with its customers, partners, and investors.
Summary
In summary, Lantronix is a cornerstone in the evolving ecosystem of IoT solutions. Its comprehensive suite of products—ranging from embedded systems to sophisticated cloud and edge computing platforms—enables organizations to innovate, secure, and simplify the operation of connected devices. With a focus on robust security, operational efficiency, and global scalability, Lantronix empowers a diverse clientele to harness the full potential of modern IoT infrastructures, ensuring that they remain at the cutting edge of technological transformation.
Lantronix (NASDAQ: LTRX) has achieved the 8th position on the Orange County Business Journal's list of Fastest-Growing Midsize Public Companies. The ranking reflects the company's impressive 22% revenue growth from 2022 to 2024, with revenues reaching $160.3 million for the 12 months ended December 30, 2024.
Under the leadership of CEO and President Saleel Awsare, Lantronix continues to strengthen its position as a global leader in compute and connectivity for IoT solutions enabling Edge AI Intelligence. The company has recently expanded its leadership team with seasoned industry professionals to drive strategic growth in 2025 and beyond.
Lantronix's achievements are further validated by multiple industry recognitions, including:
- 2025 IoT Breakthrough Awards IoT CEO of the Year Award
- 2025 CRN® Internet of Things (IoT) 50 list
- 2024 IoT Evolution Asset Tracking Award
- 2024 IoT Evolution Business Impact Award
- 2024 IoT Evolution Product of the Year Award
Lantronix (NASDAQ: LTRX) has been named to CRN's 2025 Internet of Things (IoT) 50 list, which recognizes leading vendors in IoT innovation and channel success. The company was specifically honored in the Hardware category of the prestigious list, which spans five categories including Security, Software, Industrial, and Networking and Connectivity.
The selection process involved CRN editors and channel partner community input, evaluating vendors based on their IoT portfolio quality and ability to create new opportunities for partners. Lantronix's recognition highlights its role in enabling partners to deliver cutting-edge Edge intelligent solutions for mutual customers.
The announcement was made by Lantronix's president & CEO Saleel Awsare, who emphasized the company's commitment to empowering channel partners. The 2025 CRN IoT 50 list is featured in CRN Magazine's April issue and on their website.
Lantronix (NASDAQ: LTRX) has appointed Todd Rychecky as general manager and head of its Out-of-Band (OOB) Management Business Line. Rychecky, who previously led OpenGear's business and managed a $100 million network resilience contract, brings extensive experience in network resilience, SaaS solutions, and OOB management.
In his new role, Rychecky will be responsible for strategic leadership of the OOB Management business, driving revenue growth, expanding market share, and enhancing financial performance. The appointment aligns with Lantronix's focus on AI-driven networking solutions, supported by their product portfolio including LM80, LM83, LM4, SLC8000, EMG7500/8500, Spider, and upcoming innovations like SLC9000, LM48, and 5G-enabled LM series.
Lantronix (NASDAQ: LTRX) has unveiled its new Open-Q™ 8550CS System-on-Module (SOM), powered by the Qualcomm Dragonwing™ QCS8550 processor. This production-ready module delivers low-power, on-device AI and Machine Learning capabilities for edge computing applications.
The module features key specifications including:
- 4nm process with Kryo Octa-core CPU up to 3.2 GHz
- Dual eNPU delivering 48 INT8, 12 FP16 TOPS
- Up to 8GB LPDDR5 RAM + 128GB UFS Flash
- Wi-Fi 7 MU-MIMO supporting up to 5.8Gbps
- Android 13 and Linux Yocto Kirkston support
The SOM is designed for industrial Edge AI products, including drones, controllers, robotics, and industrial handheld devices across smart warehousing, manufacturing, transportation, logistics, and retail sectors. Lantronix also offers a development kit and engineering services to accelerate product development.
Lantronix (NASDAQ: LTRX) has expanded its partnership with TD SYNNEX (NYSE:SNX) to distribute its out-of-band, network infrastructure and Industrial IoT solutions across Europe. This expansion builds upon their existing successful distribution relationship in North America.
The strategic move aims to increase Lantronix's market presence in Europe by providing local-market access to their advanced solutions through TD SYNNEX's specialized AI, IoT, and Integration/Automation go-to-market channels. The partnership will enable mutual customers and channel partners to access Lantronix's product portfolio through a single-source distributor globally.
Lantronix (NASDAQ: LTRX) has announced it will showcase its SmartLV, the first AI-enabled IoT Edge Compute Cellular Gateway, at Embedded World in Nuremberg from March 11-13, 2025. The device, powered by Qualcomm's Dragonwing IQ-615, is specifically designed for low-voltage substations and distribution automation in smart grids.
The demonstration will highlight real-time power consumption monitoring capabilities for low-voltage grids, enabling grid operators to optimize power distribution and usage costs. SmartLV integrates advanced cybersecurity protocols and AI capabilities for managing Distributed Energy Resources (DERs) and low-voltage substations.
The product represents the latest collaboration between Lantronix and Qualcomm Technologies, combining AI and connectivity capabilities. SmartLV Gateway is scheduled for launch in CY 2025, with trials beginning in late CY 2024 for selected Distribution System Operators (DSOs).
Lantronix (NASDAQ: LTRX), a global leader in IoT solutions enabling AI Edge Intelligence, has announced its participation in the upcoming 37th Annual ROTH Conference. The event will take place from March 16-18, 2025, at the Laguna Cliff Marriott Resort & Spa in Dana Point, California.
CEO Saleel Awsare will be featured on the 'Edge Compute & AI' panel discussion scheduled for Tuesday, March 18, 2025, at 11:00 a.m. Additionally, both Awsare and CFO Brent Stringham will be available for one-on-one meetings with investors during the conference.
Lantronix (NASDAQ: LTRX) announced a breakthrough in AI-powered camera technology by integrating its Open-Q™ System-on-Module (SoM) solutions with Teledyne FLIR's thermal infrared camera modules and Prism™ embedded software. The integration enables development of next-generation AI-enabled camera solutions for autonomous navigation, drones, surveillance and robotics.
The solution leverages Lantronix's Open-Q SoMs, powered by Qualcomm Dragonwing™ QRB5165 and QCS8250 processors, delivering advanced AI capabilities including:
- Prism ISP features: super resolution, turbulence mitigation, and image enhancement
- Prism AI: real-time object detection and high-speed target tracking
- Support for Teledyne FLIR Hadron™ dual visible-thermal and Boson® thermal camera modules
The ultra-compact Open-Q 5165 SoM (50mm x 29mm) features 5th generation Qualcomm® AI Engine, delivering up to 15 trillion operations per second - twice the performance of previous generation.
Lantronix (NASDAQ: LTRX) has announced a strategic partnership with Redtree Solutions, EMEA's largest manufacturer representative, to distribute its Open-Q™ embedded compute System-on-Module (SOM) and Development Kit solutions across Europe, the Middle East and Africa.
The partnership aims to expand Lantronix's market presence in EMEA by providing broader access to their advanced SOMs and Development kits, which offer developers the fastest, easiest, and most cost-effective path for product creation. Kurt Hoff, VP of Global Sales & Marketing at Lantronix, emphasized that this alliance will help meet the growing demand for cost-effective embedded compute development solutions.
Lantronix Inc. (NASDAQ: LTRX) announced its involvement in Mouser Electronics' new 413,000-square-foot Global Distribution Center, the world's largest Class 4 DC-powered installation. Lantronix PoE++ switches are important components in the facility's PoE lighting system, which won an IBCon 2024 Digie Award for Most Intelligent DC-Powered Building.
The installation features Lantronix SM24TBT2DPB and SM24TBT2DPB-DE switches, delivering up to 90W of PoE++ power per port to lighting fixtures, occupancy sensors, and other endpoints. The DC power infrastructure significantly reduces energy costs and carbon footprint while improving lighting control and operational efficiency.
Key benefits include reduced energy consumption, minimized environmental impact, enhanced lighting control flexibility, lower maintenance requirements, and improved workplace lighting conditions. The system allows for scalable device additions and relocations, contributing to long-term cost reduction.
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