What Happened
US-Based Supply Push Supports Aerospace Growth
Lantronix has repositioned its business around edge intelligence products, with a focus on aerospace and defense, critical-infrastructure monitoring, and enterprise markets. The company is expanding its US-based operations and seeking US country-of-origin status, which may appeal to customers seeking trusted suppliers. Lantronix supplies compute platforms for unmanned systems, including drones, and has announced partnerships with several companies in the industry. According to Lantronix President and CEO Saleel Awsare, the company expects strong growth in drone revenue, with a current forecast of $10-14 million. This development was reported by TradingView News.