Jaeson Schmidt

Ryan Koontz

Scott Searle

Christian Schwab

George Gianarikas

Tyler Burmeister

- Lantronix's **NDAA/TAA compliant Edge AI solution** has been selected by **Gremsy** for its new drone platform, integrating with Teledyne FLIR's Hadron 640R camera.  **[1114925_fe905e85305c4d729fddd1df4145ca88_0]** 
- The solution, powered by Lantronix's **Open-Q™ 5165RB SoM with Qualcomm® Dragonwing™ processor**, enables **extended drone flight times** and **real-time Edge AI capabilities** for applications like object detection and scene recognition.  **[1114925_fe905e85305c4d729fddd1df4145ca88_0]** **[1114925_fe905e85305c4d729fddd1df4145ca88_2]** 
- This collaboration represents a **high-margin opportunity** for Lantronix, with **ongoing production shipments** already generating initial revenue in the **rapidly growing commercial and defense drone sectors**.  **[1114925_fe905e85305c4d729fddd1df4145ca88_0]** **[1114925_fe905e85305c4d729fddd1df4145ca88_1]** 
- The **NDAA/TAA compliance** provides a significant **regulatory advantage** for defense and federal integrations in the U.S..  **[1114925_fe905e85305c4d729fddd1df4145ca88_1]**

Lantronix's Edge AI Drone Solution Selected by Gremsy

- Lantronix announced its **NDAA/TAA compliant Edge AI solution** has been selected by **Gremsy** for its new drone platform, which integrates with Teledyne FLIR's Hadron 640R thermal camera.  **[1114925_ba6d2e89637c461da25584e9832ae560_0]** 
- The solution, built on Lantronix's **Open-Q™ 5165RB System on Module (SoM)** and the **Qualcomm® Dragonwing™ processor**, provides **increased power efficiency** for longer drone operational times and **real-time Edge AI capabilities**.  **[1114925_ba6d2e89637c461da25584e9832ae560_0]** **[1114925_ba6d2e89637c461da25584e9832ae560_2]** 
- This integrated solution is **already in production** with multiple customers, generating **early revenue** and positioning Lantronix for **long-term revenue opportunities** in the commercial and defense drone markets.  **[1114925_ba6d2e89637c461da25584e9832ae560_0]** **[1114925_ba6d2e89637c461da25584e9832ae560_1]**

- For the first half of 2025, LACROIX reported **revenue of €227.9 million** and a **current EBITDA margin of 7.5%** for its continued operations (excluding Electronics North America).  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_1]**  Net income from continuing operations was **€8.4 million**.  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_1]** 
- The company is proceeding with its plan to permanently exit Electronics North America, with operations expected to be terminated by the end of 2025.  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_1]**  This segment was classified as a "Discontinued Operation," resulting in a **net loss of €31.6 million** from discontinued operations in H1 2025.  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_1]** 
- LACROIX has adjusted its full-year 2025 financial targets for continued operations, expecting revenue of around **€455 million** and an EBITDA margin of approximately **7.5%**.  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_3]** 
- A new 2027 Roadmap was announced, focusing on the strategic repositioning of Electronics and driving growth for Environment. By 2027, LACROIX targets revenue between **€475 million and €500 million** with an EBITDA margin above **8%**, and aims to reduce its net debt-to-EBITDA ratio to **2.0x**.  **[1114925_80fed718a84e4ed0ba1b26df9b03472f_5]**

LANTRONIX (LTRX)