Lantronix Inc. announced a new partnership with Trillium Engineering, a leading provider of gimbaled imaging systems for unmanned aircraft systems, to integrate Lantronix’s NDAA/TAA‑compliant Edge AI platform into Trillium’s ISR and infrastructure‑inspection products.
The collaboration will embed Lantronix’s Open‑Q 5165RB System‑on‑Module, powered by Qualcomm’s Dragonwing QRB5165 processor, into Trillium’s imaging platforms. The module delivers on‑device computer vision, machine‑learning, and augmented‑reality capabilities that enable real‑time edge processing for intelligence, surveillance, reconnaissance, infrastructure inspection, and wildland‑fire operations while meeting strict U.S. defense compliance requirements.
This partnership expands Lantronix’s footprint in the defense and commercial drone markets and adds a high‑barrier customer to its portfolio of 17 OEM engagements. The deal is expected to generate recurring revenue from engineering services and support, reinforcing Lantronix’s strategic shift toward software‑enabled, recurring‑revenue Edge AI solutions in defense‑critical markets.
Lantronix’s recent financial performance provides context for the partnership’s significance. In Q3 FY2025, the company reported revenue of $28.5 million and a non‑GAAP EPS of $0.03, down from $31.2 million and $0.04 in Q2 FY2025, and from $41.2 million and $0.11 in Q3 FY2024. While the partnership does not yet have a quantified financial impact, it signals a new revenue stream that will complement Lantronix’s growing focus on high‑margin, recurring‑revenue business models.
Shares of Lantronix have been trading near their 52‑week high, with a 135% increase over the past six months. The upward trend reflects the company’s strong financial results and its strategic emphasis on Edge AI and IoT solutions, which investors view as high‑growth opportunities in defense and commercial drone markets.
Management highlighted the partnership’s strategic importance. CEO Saleel Awsare said, “This collaboration demonstrates how our Edge AI platform can accelerate mission‑critical capabilities for defense customers, reinforcing our commitment to high‑margin, recurring‑revenue solutions.” Trillium’s VP of Product Development, Ryan O’Connor, added, “Lantronix’s technology is instrumental in advancing our imaging platforms, enabling real‑time AI processing that enhances situational awareness for ISR and inspection missions.”
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