Lantronix Targets Drone and Infrastructure Markets

Lantronix is shifting from IoT hardware to edge AI and unmanned systems, focusing on drones and critical infrastructure. The company aims to capitalize on drone revenue growth and a higher software/services mix. Analysts highlight stable gross margins above 43% and customer adoption as key positives. Risks include slow adoption and dilution from recent equity raises. The stock is seen as underfollowed in the edge AI cycle.