Lantronix CEO to Meet with Investors and Defense Customers at AUSA 2026

Unmanned systems generated $12.6 million in fiscal 2026 revenue, up from a minimal contribution in fiscal 2025.

Rhea-AI Summary

Lantronix (Nasdaq: LTRX) CEO Saleel Awsare will meet investors, defense customers and partners at AUSA on October 12–14, 2026.

The event takes place at the Walter E. Washington Convention Center in Washington, D.C. Discussion topics include unmanned systems revenue of $12.6 million in fiscal 2026, up from a minimal contribution in fiscal 2025, and the recent Blue UAS Framework listing of the Open-Q 8550CS System-on-Module. The listing expands access to U.S. defense and government programs. Lantronix has over 30 active engagements across defense, commercial, public safety and counter-unmanned-aircraft systems. The company said customer demand is moving it toward integrated edge AI for autonomous systems.

4 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointUnmanned systems revenue reached $12.6 million in fiscal 2026, up from a minimal fiscal 2025 contribution.
• Minor pointBlue UAS Framework listing of Open-Q 8550CS expands access to U.S. defense and government programs.
• Minor pointOver 30 active engagements span defense, commercial, public safety and counter-unmanned-aircraft systems.
• Minor point. Forward-looking: it has not happened yet and may not happen.Customer demand is moving Lantronix toward integrated edge AI for autonomous systems, the company said.

Negative

• None.

Key Figures

Unmanned systems revenue: $12.6 million Drone Dominance Program: $1.1 billion Active engagements: Over 30

Unmanned systems revenue

$12.6 million

Fiscal 2026; up from a minimal contribution in fiscal 2025

Drone Dominance Program

$1.1 billion

Program cited as a source of demand

Active engagements

Over 30

Across defense, commercial, public safety and counter-UAS

Key Terms

beyond-visual-line-of-sight (bvlos), system-on-module, ndaa-compliant

3 terms

beyond-visual-line-of-sight (bvlos) technical

"beyond-visual-line-of-sight (BVLOS) markets"

Beyond-visual-line-of-sight (BVLOS) describes drone or unmanned aircraft operations in which the pilot cannot see the vehicle directly and must rely on cameras, sensors and remote communications to navigate and avoid obstacles. For investors, BVLOS matters because regulatory approval, reliable technology and secure communications determine whether operators can scale commercial services (like deliveries, inspections or surveillance), affecting potential revenue, operating costs and legal or safety risks.

system-on-module technical

"Open-Q™ 8550CS System-on-Module"

A system-on-module (SoM) is a compact, ready-made circuit board that bundles a processor, memory, power management and essential interfaces into a single plug-in unit — think of it as the engine and control system of an electronic product that you can drop into different designs. Investors care because using SoMs speeds product development, reduces engineering costs and supply-chain complexity, and shifts value toward the module supplier, all of which affect time-to-market, margins and business risk.

ndaa-compliant regulatory

"power NDAA-compliant unmanned systems"

NDAA-compliant means that a product, supplier, or company meets the rules in the U.S. National Defense Authorization Act that bar certain foreign technologies and require specific security practices. For investors, compliance matters because it determines whether a business can sell to the U.S. government, avoid fines or bans, and reduce supply‑chain or reputational risk—similar to passing a background check that lets you bid on a sensitive contract.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

CEO Saleel Awsare to discuss unmanned systems revenue growth, the company’s Blue UAS listing and its move up the value chain in defense unmanned systems

IRVINE, Calif., Oct. 07, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced that President and CEO Saleel Awsare will attend the Association of the U.S. Army (AUSA) 2026 Annual Meeting and Exposition, Oct. 12–14 at the Walter E. Washington Convention Center in Washington, D.C., where he will hold meetings with investors, defense customers and partners.

“Our unmanned systems business went from a minimal contribution to $12.6 million in revenue in fiscal 2026, and customers are now asking for more than a compute module,” said Saleel Awsare, president and CEO of Lantronix. “That demand is moving Lantronix up the value chain toward integrated edge AI for autonomous systems, and AUSA puts us in front of the defense customers and partners driving it.”

Discussion topics will include:

• Unmanned systems revenue of $12.6 million in fiscal 2026, up from a minimal contribution in fiscal 2025
• The recent Blue UAS Framework listing of the Open-Q™ 8550CS System-on-Module, expanding access to U.S. defense and government programs
• Demand tied to the Department of War’s $1.1 billion Drone Dominance Program, Europe and beyond-visual-line-of-sight (BVLOS) markets
• Over 30 active engagements across defense, commercial, public safety and counter-UAS, with customers and partners including Sightline, AVT Australia, Swarmer and Unusual Machines
  
  

Investors interested in meeting with Lantronix during AUSA should contact Gateway Group at LTRX@gateway-grp.com.

About Lantronix
Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks. It delivers intelligent computing, secure connectivity and remote management for mission-critical applications, enabling customers to optimize operations, enhance security and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications ranging from mission-critical autonomous platforms and edge analytics for critical infrastructure to intelligent surveillance and secure network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today’s AI-driven world. For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning Lantronix’s participation in the AUSA 2026 Annual Meeting and Exposition, customer demand for integrated edge AI solutions for autonomous systems, and Lantronix’s positioning to capitalize on opportunities in the drone and defense technology markets. 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; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; changes in defense spending or procurement programs, including the Drone Dominance Program; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; 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, 2026, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 27, 2026, including in the section entitled “Risk Factors” in Item 1A of Part I of that 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. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

©2026 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

Investor Contact:  
Matt Glover and Greg Robles
Gateway Group, Inc.
LTRX@gateway-grp.com

Media Contact:
Diana Puckett
PRforLantronix@Bospar.com   

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much unmanned systems revenue did Lantronix generate in fiscal 2026?

Lantronix generated $12.6 million in unmanned systems revenue in fiscal 2026, up from a minimal contribution in fiscal 2025.

What does Lantronix's Blue UAS Framework listing cover?

The recent Blue UAS Framework listing covers Lantronix's Open-Q 8550CS System-on-Module and expands access to U.S. defense and government programs.