24/7 Market News Snapshot 02 October, 2025 – Lantronix Inc (NASDAQ:LTRX)
DENVER, Colo., 02 October, 2025 (www.247marketnews.com) – (NASDAQ:LTRX) are discussed in this article.
Lantronix Inc. is currently witnessing a notable surge in its stock performance, with shares opening at $4.70 and climbing to $5.085, reflecting a robust increase of 10.78% from the previous close of $4.59. This upward trajectory suggests strong buying interest from investors, as evidenced by a trading volume of 734.68K, which indicates heightened market activity and supports the potential sustainability of this bullish trend. Traders are advised to monitor technical indicators such as the Relative Strength Index (RSI) and moving averages for additional momentum confirmation. The sustained trading level above the $5.00 mark could pave the way for further gains in the forthcoming sessions.
In parallel, Lantronix has announced a strategic partnership with Gremsy, a prestigious manufacturer known for its innovative camera gimbal stabilizers tailored for drone applications. This collaboration aims to harness Lantronix’s NDAA/TAA-compliant technologies to enhance operational efficiency in drone performance. By integrating Lantronix’s Open-Q™ 5165RB System on Module, which is powered by the Qualcomm® Dragonwing™ processor, Gremsy is enhancing its drone platform and Lynx ISR payload, thus improving power efficiency and optimizing energy consumption for extended flight capabilities.
Nguyen Van Chu, vice general director of Gremsy, praised Lantronix for its industry leadership and strategic partnership with Qualcomm, emphasizing the critical benefits derived from their expertise in developing secure drone solutions. Saleel Awsare, CEO of Lantronix, reiterated the company’s dedication to providing high-performance, compliant solutions that meet the diverse demands of commercial and defense sectors. This partnership not only reinforces Lantronix’s position as a key player in the rapidly evolving drone landscape but also signifies a commitment to driving innovation in industrial and defense IoT solutions, ultimately leading to enhanced operational capabilities for users in surveillance, mapping, and inspection sectors.