Latest news with #Short-RangeReconnaissance
Barnama
3 days ago
- Business
- Barnama
Lantronix Solution Powers U.S. Army-Approved Teal Drones, a Red Cat Holdings Co., Unlocking Secure Edge AI Growth Opportunity
IRVINE, Calif., Aug 19 (Bernama) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced that its TAA- and NDAA-compliant solution was selected by Teal Drones, a Red Cat Holdings Inc. (NASDAQ: RCAT) company, for production of its Black Widow™ drones under the U.S. Army's Short-Range Reconnaissance (SRR) Program. Lantronix has already initiated production shipments, providing early revenue visibility and underscoring Lantronix's role as a trusted technology partner for mission‑critical defense applications. The Lantronix solution, based on the Qualcomm® Dragonwing™ QRB5165 processor, delivers advanced Edge AI processing while meeting stringent U.S. security requirements, enabling full TAA and NDAA compliance for deployment in sensitive Department of Defense (DoD) missions. The combination of AI performance and compliance creates a sustainable advantage for Lantronix in the rapidly expanding defense and autonomous systems market.
Yahoo
3 days ago
- Business
- Yahoo
Latest News In AI Chips - Lantronix Advances AI Tech for Defense with Teal Drones
Lantronix Inc. has announced a significant development in the realm of AI chips by providing a TAA and NDAA-compliant solution for Teal Drones' Black Widow™ drones, which are part of the U.S. Army's Short-Range Reconnaissance (SRR) Program. This solution leverages the Qualcomm® Dragonwing™ QRB5165 processor to deliver advanced Edge AI capabilities while adhering to stringent security requirements. By ensuring compliance with U.S. standards, Lantronix is positioning itself as a key player in the rapidly expanding defense and autonomous systems market, with its solution opening up growth opportunities in both secure defense and commercial sectors. last closed at $157.85 down 0.2%. In other market news, was a notable mover up 11.1% and finishing the session at $199.95. At the same time, softened, down 14.1% to end the day at $161.76. Qualcomm's rapid expansion into AI and IoT sectors could unlock new growth channels amid rising competition click to explore the full narrative on their strategic opportunities. Additionally, refer to our Market Insights titled "AI Enters the 'Show Me The Money' Phase," where we swiftly explored AI chip investment opportunities. Act soon to capitalize on these insights! Best AI Chip Stocks ended the day at $180.45 down 0.9%, near its 52-week high. ended the day at €636.70 down 1%. ended the day at $177.51 down 1.9%, near its 52-week high. Key Takeaways Explore the 59 names, such as Credo Technology Group Holding, Arm Holdings and MACOM Technology Solutions Holdings, from our AI Chip Stocks screener here. Curious About Other Options? Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 28 best rare earth metal stocks of the very few that mine this essential strategic resource. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Lantronix Solution Powers U.S. Army-Approved Teal Drones, a Red Cat Holdings Co., Unlocking Secure Edge AI Growth Opportunity" from Lantronix, Inc. on GlobeNewswire (published 18 August 2025) Companies discussed in this article include NasdaqGS:FSLR NasdaqGS:QCOM NasdaqGS:NVDA ENXTAM:ASML NasdaqGS:AMD and NasdaqGS:AMAT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Toronto Star
3 days ago
- Business
- Toronto Star
Lantronix Solution Powers U.S. Army-Approved Teal Drones, a Red Cat Holdings Co., Unlocking Secure Edge AI Growth Opportunity
IRVINE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today announced that its TAA- and NDAA-compliant solution was selected by Teal Drones, a Red Cat Holdings Inc. (NASDAQ: RCAT) company, for production of its Black Widow™ drones under the U.S. Army's Short-Range Reconnaissance (SRR) Program. Lantronix has already initiated production shipments, providing early revenue visibility and underscoring Lantronix's role as a trusted technology partner for mission‑critical defense applications. The Lantronix solution, based on the Qualcomm® Dragonwing™ QRB5165 processor, delivers advanced Edge AI processing while meeting stringent U.S. security requirements, enabling full TAA and NDAA compliance for deployment in sensitive Department of Defense (DoD) missions. The combination of AI performance and compliance creates a sustainable advantage for Lantronix in the rapidly expanding defense and autonomous systems market.
