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.
The stock of Lantronix Inc. (LTRX) opened at $4.70 and has seen a notable surge, currently trading at $5.34, an increase of 16.34%. With a trading volume reaching 1.54 million shares, the robust investor interest suggests a favorable outlook for continued price growth. Analysts have identified key resistance around $5.50, while support is anticipated near $4.90. The stock’s positive momentum, bolstered by technical indicators, implies potential for further gains if buying trends remain strong. Investors are advised to monitor for breakout patterns, as sustained volume will be crucial to validating these trends.
In a significant development, Lantronix has announced its technology will be adopted by Gremsy, a leader in advanced camera gimbal stabilization systems for drones and unmanned aerial vehicles (UAVs). This partnership marks a strategic advancement in drone capabilities, particularly in enhancing energy efficiency and optimizing flight performance. Utilizing the Qualcomm® Dragonwing™ processor, Lantronix’s Open-Q™ 5165RB system on module (SoM) is set to enhance Gremsy’s new drone platform, particularly in conjunction with the FLIR Hadron 640R dual thermal and visible camera systems.
This collaboration not only accelerates Gremsy’s market launch but also positions Lantronix advantageously within the expanding sectors of commercial and defense drones, presenting substantial long-term revenue opportunities. Saleel Awsare, CEO of Lantronix, affirmed the company’s commitment to enabling high-performance drone solutions while ensuring compliance with stringent NDAA and TAA regulations. Furthermore, Mike Walters from Teledyne FLIR OEM highlighted the synergy between their thermal camera technology and Lantronix’s innovations, paving the way for next-generation AI-driven camera solutions. As the unmanned systems landscape evolves, Lantronix is poised to deliver high-performance and compliant connectivity solutions, reinforcing its market leadership in specialized sectors.