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Lantronix Drives Development of Smart Industrial Solutions That Increase Safety and Efficiency

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Lantronix Inc. (NASDAQ: LTRX) is advancing the Artificial Intelligence of Things (AIoT) within industrial IoT products, exemplified by the Guardhat Communicator smart hardhat and Youbiquo augmented reality glasses. The AI market is projected to grow to $554.3 billion by 2024, with a 17.5% CAGR. Lantronix's engineering services aid developers in reducing costs and accelerating time-to-market by offering globally certified solutions. Both products enhance worker safety and efficiency, connecting users with remote command centers through advanced IoT technologies.

Positive
  • Expansion into AI-driven industrial solutions could capture market share in a growing sector.
  • The smart hardhat and augmented reality glasses enhance worker safety and operational efficiency.
Negative
  • Potential risks include reliance on market stability and economic conditions affecting demand.

Lantronix powers Artificial Intelligence of Things (AIoT) in industrial IoT products, including smart hardhats and augmented reality glasses

IRVINE, Calif., June 17, 2021 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM) offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware, is driving the design and development of artificial intelligence-driven solutions, including Guardhat Communicator smart hardhat and Youbiquo augmented reality smart glasses. Guardhat Communicator was among Time Magazine’s Best Inventions of 2020.

“Propelled by Lantronix’s Artificial Intelligence of Things solutions and engineering services, new technologies utilizing artificial intelligence are bringing safety, efficiency and intelligence to industrial products,” said Jonathan Shipman, VP of Strategy at Lantronix. “From smart hardhats to augmented reality glasses, Lantronix is on the frontier of an industrial AIoT revolution.”

Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, are forecast to reach $554.3 billion USD in total revenues by 2024 with a five-year compound annual growth rate (CAGR) of 17.5 percent, according to the latest release of the International Data Corporation (IDCWorldwide Semiannual Artificial Intelligence Tracker.

Supporting developers in meeting the demand for artificial intelligence-driven smart industrial solutions, Lantronix products and engineering services help:

  • Reduce total cost of development
  • Easily customize capabilities
  • Quickly build a market-ready prototype
  • Get to production and general availability faster
  • Deliver a comprehensive, globally certified solution

Case Study: Guardhat Communicator Smart Hardhat Revolutionizes the Safety of Industrial Workers by Connecting Users With Remote Command Centers

Lantronix’s IoT wireless connectivity and power management technologies have been integrated into the Guardhat Communicator smart hardhat. The smart communicating hardhat connects workers with a remote command center via sensors, camera and microphones to improve worker safety.

Challenge: Deliver Globally Certified Connected Product

To ensure the safety of industrial workers, the innovative creators of Guardhat re-envisioned the hardhat as a wearable device at the edge of an end-to-end industrial safety system while ensuring security for device, communications and updates.

Solution: Lantronix Open-Q 626 μSOM and Development Kit

To develop its unique smart hardhat, the Guardhat team engaged Lantronix Engineering Services to help design the hardhat and achieve the required performance profile utilizing Lantronix solutions, including:

  • Lantronix Open-Q™ 626 µSOM, which is based on the APQ8053-Pro SoC (system on chip), to deliver the ideal balance of advanced processing capabilities and power efficiency.
  • Lantronix’s Open-Q™ 626 µSOM Development Kit, a cost-effective, feature-rich, camera-tuned, exposed board platform powered by the Open-Q 626 production-ready µSOM, based on the APQ8053Pro processor. It was used by the Guardhat team to jumpstart the design process and contain development costs.

The Guardhat Communicator takes advantage of roughly 300 pins that the carrier board routes out as interfaces to the SoC, creating a wearable IoT device that includes board support, camera, audio and wireless connectivity.

Results: Guardhat Communicator Smart Hardhat Connects Remote Workers

Guardhat Communicator improves safety by connecting remote workers. It enables remote communication with the wearer, including audio and video calls as well as the ability to push a single button for help.

It monitors the worker’s environments and sends warnings and alerts in case of imminent danger, applying wearable technology to overcome hazardous conditions. It provides a real-time, decision-making and data analytics platform that connects industrial workforces through situational awareness.

For more, visit the complete case study.

Case Study: Youbiquo’s Powerful, Lightweight Augmented Reality Smart Glasses Improve Speed and Quality of Complex Maintenance and Construction Work

The Lantronix Engineering Services team supported Youbiquo, an Italy-based developer of wearable electronics and IoT devices, in the development of Youbiquo’s Talens Holo Augmented Reality Smart Glasses. The glasses improve safety and efficiency of industrial workers.

Challenge: Create Comfortable and Functional Augmented Reality Smart Glasses

To be truly effective, augmented reality smart glasses need to be lightweight and simultaneously bring both the technician’s task and computer into the field of vision while also enabling remote communication.

Challenges included incorporating sensors, camera and microphone into the glasses and tying them together with the necessary on-device processing power while enabling wireless connectivity for remote communication. Ensuring security including secure boot and updates was also a challenge.

Solution: Lantronix Open-Q 626 μSOM

To create the Talens Holo Augmented Reality Smart Glasses, the Youbiquo designers chose the Lantronix Lantronix’s Open-Q 626 Micro System on Module (µSOM), which is integrated with the Qualcomm® APQ8053-Pro SoC processor from Qualcomm Technologies Inc. (QTI).
The result delivered the ideal balance of advanced processing power, heat dissipation, wireless connectivity and power efficiency in a small, lightweight form factor for the smart glasses design. Its built-in software solutions include 3D rendering, computer vision and natural language processing.

Results: Smart Glasses Improve Speed and Quality of Complex Work

Utilizing the Lantronix Open-Q 626 μSOM, Lantronix’s engineering team helped Youbiquo’s developers jumpstart the design and quickly deliver to market a globally certified solution. The Talens Holo smart glasses give users the ability to use fingerprint authentication to securely log in, easily take photos and record data to remote databases, access important documentation within their fields of vision and remotely conduct video conferences.

See the full case study here.

About Lantronix

Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware. Lantronix enables its customers to provide reliable and secure solutions while accelerating their time to market. Lantronix’s products and services dramatically simplify operations through the creation, development, deployment and management of customer projects at scale while providing quality, reliability and security.

With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantronix’s solutions are deployed inside millions of machines at data centers, offices and remote sites serving a wide range of industries, including energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental and government.

Lantronix is headquartered in Irvine, Calif. For more information, visit www.lantronix.com.
Learn more at the Lantronix blog, www.lantronix.com/blog, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit www.twitter.com/Lantronix. View our video library on YouTube at www.youtube.com/user/LantronixInc or connect with us on LinkedIn at www.linkedin.com/company/lantronix.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to our solutions, technologies and products as well as statements about Lantronix driving the design and development of artificial intelligence-driven solutions are forward-looking statements. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; the impact of the COVID-19 outbreak on our employees, supply and distribution chains, and the global economy; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2020, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2020, including in the section entitled “Risk Factors” in Item 1A of Part I of such report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

© 2021 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark, and Open-Q is a trademark of Lantronix Inc. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:        
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-453-7158

Lantronix Analyst and Investor Contact:        
Jeremy Whitaker
Chief Financial Officer
investors@lantronix.com
949-450-7241

Lantronix Sales:
sales@lantronix.com
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488


FAQ

What products does Lantronix offer in the AIoT sector?

Lantronix offers the Guardhat Communicator smart hardhat and Youbiquo augmented reality glasses as part of its AIoT solutions.

What is the projected growth of the AI market?

The AI market is forecasted to reach $554.3 billion by 2024, with a compound annual growth rate of 17.5%.

How does Lantronix support industrial developers?

Lantronix provides engineering services and IoT solutions that help reduce development costs and accelerate product time-to-market.

What is the significance of the Guardhat smart hardhat?

The Guardhat smart hardhat connects workers to remote command centers, enhancing safety through real-time communication and monitoring.

What challenges does the Youbiquo smart glasses address?

Youbiquo's augmented reality glasses are designed for comfort and functionality, integrating advanced technology for remote communication and data access.

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