- Lantronix Inc. is a leader in compute and connectivity IoT solutions, specializing in Edge AI applications, with a market cap of approximately $216 million as of April 2026.
- In the past year, Lantronix has expanded its embedded compute platform through a partnership with MediaTek, enhancing its offerings for industrial IoT and Edge AI, and reported a fiscal Q1 2026 net revenue of $29.8 million.
- The company has secured 17 drone OEM engagements in Q1 2026, partnering with Mobix Labs and Unusual Machines to develop AI-autonomous drone components for U.S. defense programs, reflecting a growing demand in the UAS market.
- Lantronix's ideal buyers include defense contractors and industrial IoT companies seeking advanced edge computing solutions, addressing the need for efficient, compliant, and scalable technology in critical infrastructure and national security.
Engineering is the largest team at Lantronix with 58 employees, representing about one-third of the entire workforce and underscoring the company’s focus on hardware and software development. Sales and Support follows with 36 employees, highlighting the importance of customer engagement and post-sale assistance. Marketing and Product (15), Finance and Administration (12), and Operations (10) form the next tier of staffing, while smaller groups such as Business Management, Quality, IT, Legal, and an “Other” category collectively account for 26 employees. This distribution illustrates a technology-first organization supported by the core business functions needed to bring products to market.
Lantronix operates out of several hubs, with the single largest concentration (83 employees) working remotely or in locations grouped as “Other.” Within defined offices, the Minneapolis–St. Paul area hosts 21 employees, and Irvine, California—close to the company’s historic roots—employs 15 people. Additional teams are located in Hyderabad, India (11), Vancouver, Canada (9), and Austin, Texas (5), while smaller clusters can be found in Aliso Viejo, Hong Kong, Orange, and Laguna Niguel. This geographic mix provides access to engineering talent, customer markets, and operational support across North America and Asia.
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