Lantronix Awarded 2025 TMC Labs Innovation Award for Its SmartLV IoT Cellular Gateway

Designed for low-voltage substations and distribution automation applications, the SmartLV is built with advanced cyber security protocols and AI capabilities

/EIN News/ -- IRVINE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Lantronix has won a 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway. Powered by the Qualcomm^® IQ-615 processor, it is the first AI-enabled IoT Edge Compute Cellular Gateway.

Presented by TMC, a global, integrated media company, this award honors products that display innovation, unique features and significant contributions toward improving communications technology. Award winners are highlighted on TMCnet’s online news portal.

“Through its SmartLV IoT cellular gateway, Lantronix has proven its commitment to quality and the further development of IoT communications industry,” said Rich Tehrani, CEO, TMC. “We honor Lantronix as among the top companies that have demonstrated ground-breaking contributions to the industry.”

“We are very honored to win the TMC Labs Innovation Award. This award is highly valued by our team as we pride ourselves on innovation,” said Saleel Awsare, CEO and president of Lantronix Inc. “Together with our long-term relationship with Qualcomm, we create and deliver groundbreaking IoT solutions that enable our customers to harness the power of AI to transform their businesses.”

AI at the Edge: Transforming Energy Management

Designed specifically for low-voltage substations and distribution automation applications in next-generation smart grids, utilities and industrial sectors, the SmartLV is engineered to revolutionize real-time visibility, control and automation in the energy sector. This remote management ability provides Distribution System Operators (DSOs) with the ability to control and steer energy precisely when and where it’s needed.

Built with advanced cybersecurity protocols and AI capabilities, the SmartLV ensures robust, reliable and secure operations for mission-critical applications, offering unmatched control over low-voltage substations and Distributed Energy Resources (DERs).

“The SmartLV Gateway is a leap forward in empowering utility operators with critical, real-time insights and control over their low-voltage substations,” said Mathi Gurusamy, chief strategy officer at Lantronix. “By utilizing Qualcomm Technologies’ AI technology, this solution helps to address today’s most pressing challenges at the edge of the smart grid.”

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

©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:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
media@lantronix.com

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