Lantronix Expands Automotive Solution Offerings With New Snapdragon Ride SX Development Platform

Rhea-AI Summary

Lantronix Inc. expands its embedded product line with the new Snapdragon Ride SX Automotive Development Platform (ADP). The platform is designed to enable the rapid creation of customizable infotainment, cluster, and driver monitoring systems for next-generation vehicles. It features a backplane board that connects multiple plug-in cards for enhanced testing and debugging. The Snapdragon Ride SX ADP is based on Qualcomm Technologies' Snapdragon Ride and Cockpit Platforms, providing automakers with resources to develop cutting-edge applications. The latest-generation Snapdragon Cockpit Platform offers high-performance SoCs with low-power and thermal profiles, allowing over-the-air updates for the latest features and capabilities throughout the vehicle's lifecycle.

Positive

• Lantronix Inc. expands its embedded product line with the new Snapdragon Ride SX Automotive Development Platform (ADP). The platform is designed to enable the rapid creation of customizable infotainment, cluster, and driver monitoring systems for next-generation vehicles. The Snapdragon Ride SX ADP is based on Qualcomm Technologies' Snapdragon Ride and Cockpit Platforms, providing automakers with resources to develop cutting-edge applications. The latest-generation Snapdragon Cockpit Platform offers high-performance SoCs with low-power and thermal profiles, allowing over-the-air updates for the latest features and capabilities throughout the vehicle's lifecycle.

Negative

• None.

New Snapdragon Ride SX development platform for automotive designed to accelerate innovation, development, testing and deployment of Snapdragon automotive platforms

IRVINE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today announced the expansion of its embedded product line to support the evolving needs of the automotive industry. Based on Qualcomm™ Technologies Inc.’s latest generation of Snapdragon Ride™ and Cockpit Platforms, including the latest Snapdragon Ride Flex Platform, Lantronix’s new Snapdragon Ride SX Automotive Development Platform (ADP) is designed to enable the rapid creation of customizable infotainment, cluster and driver monitoring systems (DMS).

“With Qualcomm Technologies’ leading Snapdragon automotive solutions, we are able to provide automakers with resources, such as our new Snapdragon Ride SX ADP, to efficiently develop cutting-edge applications for next-generation vehicles,” said Jacques Issa, VP of Marketing at Lantronix.

Designed to enable enhanced testing and debugging of the SoCs, Lantronix’s Snapdragon Ride SX ADP features a backplane board that connects a combination of multiple plug-in cards, including displays, cameras, Ethernet, PCle and various test cards and connectors.

Snapdragon Ride Flex Platform

Engineered to support mixed criticality workloads that allow for the digital cockpit, ADAS and automated driving functions to co-exist on a single SoC, the Snapdragon Ride Flex Platform is designed to meet the highest level of automotive safety with Safety Element Out of Context (SEooC), a dedicated Automotive Safety Integrity Level D (ASIL-D) safety island, and comes pre-integrated with the industry-proven Snapdragon Ride Vision stack.

Latest Generation Snapdragon Cockpit Platform

According to the Yole Group, the digital automotive cockpit processors segment is expected to grow from $2.9 billion in 2022 to $4.0 billion in 2028, which is driven by centralization into a cockpit domain controller as well as the growing importance of user-experience applications.

The latest-generation Qualcomm digital Snapdragon Cockpit Platform provides automakers with one of the industry’s highest performance SoCs that come equipped to meet the user experiences of the next generation cockpit with a low-power and thermal profile as well as Qualcomm® Car-to-Cloud, allowing the end-consumer to have the latest features and capabilities through over-the-air (OTA) updates post-deployment and throughout the lifecycle of the vehicle.

These products are now available at the Lantronix eStore:

• Snapdragon Ride SX ADP based on the Snapdragon Ride Flex SoC
• Snapdragon Ride SX ADP based on the latest generation Snapdragon Cockpit and Ride Platforms

About Lantronix

Lantronix Inc. is a global Industrial and Enterprise Internet of Things (IoT) provider of solutions that target high-growth applications in specific vertical markets, including Smart Grid, Intelligent Transportation, Smart Cities and AI Data Centers. Lantronix’s history in networking and video processing as well as its leading-edge applications include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with comprehensive Out of Band Management (OOB) solutions for Cloud and Edge Computing.

Lantronix’s solutions empower companies to achieve success in the growing IoT and OOB markets by delivering customizable solutions that address each layer of the IoT Stack, including Collect, Connect, Compute, Control and Comprehend. For more information, visit the Lantronix website.

Learn more at the Lantronix blog, which features industry discussion and updates. Follow Lantronix on Twitter, view its YouTube video library or connect on LinkedIn.

“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. 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, 2023, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 12, 2023, 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.

© 2023 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Lantronix Media Contact:        
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com
949-212-0960

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

 

FAQ

What is the new product announced by Lantronix Inc.?

Lantronix Inc. has announced the new Snapdragon Ride SX Automotive Development Platform (ADP).

What are the features of the Snapdragon Ride SX ADP?

The Snapdragon Ride SX ADP features a backplane board that connects multiple plug-in cards for enhanced testing and debugging.

What platforms is the Snapdragon Ride SX ADP based on?

The Snapdragon Ride SX ADP is based on Qualcomm Technologies' Snapdragon Ride and Cockpit Platforms.

What are the benefits of the latest-generation Snapdragon Cockpit Platform?

The latest-generation Snapdragon Cockpit Platform offers high-performance SoCs with low-power and thermal profiles, allowing over-the-air updates for the latest features and capabilities throughout the vehicle's lifecycle.