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.
Lantronix, Inc. (NASDAQ: LTRX) is a global leader in secure IoT and IT asset management solutions, specializing in connectivity platforms for industries ranging from healthcare to industrial automation. This page serves as the definitive source for verified company news, offering investors and professionals timely updates on operational milestones.
Access official press releases spanning product innovations, financial results, and strategic partnerships. Our curated collection ensures you stay informed about developments in IoT System Solutions, Edge AI applications, and cybersecurity advancements without promotional bias.
Key content categories include quarterly earnings announcements, technology patent filings, executive leadership updates, and enterprise customer deployments. Each entry provides direct access to primary source materials for due diligence and market analysis.
Bookmark this page for streamlined tracking of Lantronix's progress in enabling secure machine-to-machine communication across smart infrastructure projects worldwide. Check regularly for updates that impact IoT connectivity standards and industrial automation trends.
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.
Lantronix (NASDAQ: LTRX) has announced a strategic partnership with Ion LATAM to expand its market presence in Latin America. The partnership covers Mexico, Central America, and South America, aiming to increase access to Lantronix's IoT and AI Edge solutions in these regions.
Ion LATAM, as a premier sales and marketing manufacturer's representative organization, will promote Lantronix's comprehensive IoT and intelligence edge product portfolio while providing technical support to customers. The collaboration is designed to meet the growing demand for secure, reliable IoT solutions in Latin America.
The partnership leverages Ion LATAM's industry expertise and customer relationships to accelerate the adoption of Lantronix's innovative solutions, including AI-powered Out-of-Band solutions and engineering services across the Latin American market.
Lantronix (NASDAQ: LTRX) has appointed Steve Burrington as Vice President of Global Research and Development to oversee product development and define the company's technology direction. Burrington brings over 25 years of experience in engineering and technology leadership, specializing in LTE IoT, telematics, and video product development.
In his previous roles at Sierra Wireless and Netgear, Burrington managed global teams of over 150 engineers and directed operating budgets exceeding $35 million. His expertise includes working with chipset vendors, ODMs, and structured development environments. The appointment aligns with Lantronix's focus on Edge AI and mission to drive technological innovation and operational excellence in compute and connectivity for IoT solutions.
Lantronix (NASDAQ: LTRX) reported its second quarter fiscal 2025 results with net revenue of $31.2 million, meeting the midpoint of guidance. The company posted a GAAP EPS of ($0.06), an improvement from ($0.07) in both the prior year and quarter. Non-GAAP EPS came in at $0.04, down from $0.08 year-over-year and $0.06 sequentially.
The company is focusing on three key vertical markets: Enterprise, Smart Cities including critical infrastructure, and Transportation. Lantronix is actively advancing Edge AI solutions and integrating recently acquired IoT assets from Netcomm.
For Q3 fiscal 2025, Lantronix provided guidance of $27.0 million to $31.0 million in revenue and non-GAAP EPS between $0.01 to $0.05 per share.
Lantronix (NASDAQ: LTRX) announced that Philip Brace will depart from its Board of Directors on February 5, 2025, to assume the role of CEO at Skyworks Solutions Inc. Brace, who joined the Lantronix Board in August 2023, brought 30 years of experience in semiconductor, server, IoT, and storage industries. Prior to his board position, he served as president and CEO of Sierra Wireless Inc. from July 2021 to January 2023.
Lantronix CEO Saleel Awsare and Board Chairman Hoshi Printer acknowledged Brace's contributions, particularly highlighting his expertise in corporate governance and technology. Brace expressed confidence in Lantronix's future under its current leadership team as the company continues to expand its global presence in compute and connectivity for IoT solutions.
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