NasdaqCM:LTRXCommunications
Why Lantronix (LTRX) Is Down 13.1% After US$30M ATM Offering And New Drone Platform Launch
Lantronix, Inc. recently filed for a US$30.00 million at-the-market follow-on common stock offering after reporting third-quarter 2026 results that showed higher quarterly sales and a smaller net loss year-on-year.
At the same time, Lantronix unveiled its Open-Q 8550CS micro SOM and NDAA- and TAA-compliant Drone Reference Platform, aiming to accelerate AI-enabled drone development for defense and commercial OEMs.
We’ll now examine how the new drone-focused Open-Q 8550CS and Drone Reference...