Lantronix CEO Saleel Awsare will showcase the company's Edge AI drone platform at AUSA 2025 in Washington D.C.
Quiver AI Summary
Lantronix Inc. announced that CEO Saleel Awsare will represent the company at the AUSA Annual Meeting & Exposition in Washington D.C. from October 13-15, 2025. During the event, he will engage with UAV developers and investors while showcasing Lantronix's Edge AI drone platform, which supports the U.S. Army's Short-Range Reconnaissance Program and features integrations with Gremsy and Teledyne FLIR payloads. Lantronix aims to enhance flight efficiency and analytics capabilities in defense and commercial UAV applications, leveraging partnerships with Qualcomm, Gremsy, and Teledyne FLIR. The company is positioned for long-term growth in the global drone market, with a focus on compliance and cybersecurity standards essential for military applications. The AUSA event attracts over 44,000 attendees from various sectors in the defense community.
Potential Positives
- CEO Saleel Awsare will represent Lantronix at the prestigious AUSA Annual Meeting & Exposition, providing high visibility and networking opportunities with leading defense industry stakeholders.
- Showcasing the company's Edge AI drone platform, particularly its role in the U.S. Army Short-Range Reconnaissance (SRR) Program, highlights Lantronix's involvement in mission-critical defense projects.
- Strategic partnerships with notable companies like Teledyne FLIR and Gremsy enhance Lantronix's product offerings, driving innovation and potential revenue growth in the defense and UAV markets.
- The firm's compliance with TAA/NDAA standards and focus on security positions it favorably within the defense sector, potentially attracting more customers seeking reliable technology solutions.
Potential Negatives
- Potential risks and uncertainties related to economic conditions and market instability could adversely impact purchasing decisions by customers, indicating vulnerability in the company's business model.
- The press release highlights the ongoing supply chain concerns stemming from the COVID-19 pandemic and other geopolitical tensions, which may raise concerns about operational continuity and reliability.
- The disclaimer about forward-looking statements includes a broad range of risks that could significantly impact the company's future business and financial condition, suggesting a high level of uncertainty for investors.
FAQ
What event will Lantronix's CEO attend in October 2025?
CEO Saleel Awsare will represent Lantronix at the AUSA Annual Meeting & Exposition in Washington D.C.
What UAV partnerships is Lantronix involved in?
Lantronix is partnering with Teledyne FLIR and Gremsy for their Edge AI drone platform in defense applications.
How does Lantronix support the U.S. Army's SRR Program?
Lantronix provides its Edge AI solution integrated with UAV technology, enhancing the Army's Short-Range Reconnaissance capabilities.
What are the technology advantages of Lantronix's solutions?
Lantronix's solutions comply with NDAA and TAA standards, ensuring cybersecurity and seamless integration with leading camera systems.
Where can investors find more information about Lantronix?
Investors can visit the Lantronix website or contact Investor Relations at [email protected] for inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LTRX Insider Trading Activity
$LTRX insiders have traded $LTRX stock on the open market 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $LTRX stock by insiders over the last 6 months:
- BERNHARD BRUSCHA has made 0 purchases and 2 sales selling 22,993 shares for an estimated $110,587.
- SALEEL AWSARE (President & CEO) purchased 15,011 shares for an estimated $31,688
- HOSHI PRINTER purchased 10,000 shares for an estimated $22,799
- SAILESH CHITTIPEDDI purchased 10,000 shares for an estimated $22,400
- NARBEH DERHACOBIAN purchased 5,000 shares for an estimated $11,650
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LTRX Hedge Fund Activity
We have seen 23 institutional investors add shares of $LTRX stock to their portfolio, and 30 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TRUFFLE HOUND CAPITAL, LLC removed 560,555 shares (-73.7%) from their portfolio in Q2 2025, for an estimated $1,608,792
- HEARTLAND ADVISORS INC added 530,000 shares (+37.9%) to their portfolio in Q2 2025, for an estimated $1,521,100
- SCOGGIN MANAGEMENT LP removed 500,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,435,000
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 358,492 shares (-55.8%) from their portfolio in Q2 2025, for an estimated $1,028,872
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 274,389 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $787,496
- WINTON GROUP LTD removed 152,278 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $437,037
- MORGAN STANLEY added 128,586 shares (+150.3%) to their portfolio in Q2 2025, for an estimated $369,041
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LTRX Analyst Ratings
Wall Street analysts have issued reports on $LTRX in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 09/30/2025
- Lake Street issued a "Buy" rating on 08/28/2025
- Canaccord Genuity issued a "Buy" rating on 05/12/2025
To track analyst ratings and price targets for $LTRX, check out Quiver Quantitative's $LTRX forecast page.
$LTRX Price Targets
Multiple analysts have issued price targets for $LTRX recently. We have seen 3 analysts offer price targets for $LTRX in the last 6 months, with a median target of $5.0.
Here are some recent targets:
- Ryan Koontz from Needham set a target price of $5.5 on 09/30/2025
- Jaeson Schmidt from Lake Street set a target price of $5.0 on 08/28/2025
- George Gianarikas from Canaccord Genuity set a target price of $3.0 on 05/12/2025
Full Release
IRVINE, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced that CEO Saleel Awsare will represent the company at the Association of the United States Army ( AUSA ) Annual Meeting & Exposition in Washington D.C., Oct. 13–15, 2025. During the event, Awsare will meet with leading UAV developers and investors while showcasing Lantronix’s Edge AI drone platform, including its role in the U.S. Army Short-Range Reconnaissance (SRR) Program and new integrations with Gremsy and Teledyne FLIR payloads.
AUSA 2025 is the premier land-power exposition in North America, drawing more than 44,000 attendees, including military leaders, policymakers and defense industry executives from more than 90 countries.
Strategic Partnerships:
- U.S. Army Short-Range Reconnaissance (SRR) Program: Lantronix is in production with Teal Drones, a Red Cat Holdings Inc. (NASDAQ: RCAT) company, providing early revenue visibility and reinforcing its role as a trusted partner for mission-critical defense systems.
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Integration with Gremsy and Teledyne FLIR platforms:
Lantronix’s NDAA/TAA-compliant Edge AI solution powers Gremsy’s Lynx ISR payload, seamlessly integrated with Teledyne FLIR’s Hadron 640R dual thermal-visible camera. The solution enables longer flight times, improved power efficiency and real-time AI analytics for defense and industrial UAV applications, positioning Lantronix for long-term, high-margin growth across the global drone market.
These partnerships are powered by Lantronix’s Open-Q™ 5165RB System on Module , which is based on the Qualcomm® Dragonwing™ processor, enabling low-power, high-performance AI computing, crucial for extended UAV flight times and real-time data processing.
Strategic Highlights:
- Expanding recurring revenue potential through defense and commercial UAV deployments
-
First-mover advantage
with production-stage engagements in U.S. military programs
Technology Advantages:
- TAA/NDAA compliance and DoD-grade cybersecurity standards
- Seamless integration with leading camera and gimbal systems
-
Proven durability in rugged field environments
“Our Edge AI solutions are already proving their value in mission-critical defense programs like the U.S. Army SRR initiative,” said Saleel Awsare, CEO, Lantronix. “Through strategic partnerships with Qualcomm, Teledyne FLIR and Gremsy, we’re delivering secure, NDAA-compliant drone platforms that extend flight time, enhance ISR capabilities and open new high-margin opportunities for Lantronix across defense and commercial UAV markets.”
For more information, visit Lantronix at AUSA 2025 or www.lantronix.com . For investor inquiries, contact Lantronix Investor Relations at [email protected] .
About Lantronix
Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity, and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT, and commercial and defense unmanned systems, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software, and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band 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 .
About the Association of the United States Army (AUSA)
The Association of the United States Army (AUSA) Annual Meeting & Exposition is the premier land power exposition and professional development forum in North America—and the must-attend event for anyone involved in the defense sector. With over 44,000 attendees, 750+ exhibits, and representation from 92 countries, this three-day event is where the global defense community converges to shape the future of national security.
©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.
“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 related to Lantronix products or leadership team. 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 the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; 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, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, 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.
Lantronix Media Contact:
[email protected]
949-212-0960
Lantronix Analyst and Investor Contact:
[email protected]