Lantronix makes hardware and software for deploying computing and connectivity at the network edge — physical devices and infrastructure at the periphery of a network, rather than in centralized data centers. Lantronix's products fall into two broad categories: Edge IoT and Network Infrastructure. Edge IoT includes system-on-modules (SoMs) and system-in-package (SiP) devices that embed processing power into OEM products like industrial drones, surveillance cameras, and robotics, running AI/ML models locally on the device. Network Infrastructure covers out-of-band management products that allow IT teams to remotely access and manage servers and critical infrastructure even when the primary network is down — used by data centers, enterprises, and Tier 1 banks where uptime is critical. Lantronix targets three verticals: smart cities, enterprise IT, and unmanned aerial systems. Lantronix sells primarily through distributors, VARs, and systems integrators, and directly to OEMs who embed Lantronix modules into their own products. Revenue is primarily hardware-driven, with a smaller but growing software and services component, including the Percepxion SaaS platform for remote device management. Embedded IoT wins are sticky — once designed into an OEM product, Lantronix supplies that module for the product's lifetime. Lantronix's growth strategy centers on AI-at-the-edge compute modules built around Qualcomm's Dragonwing processors, a growing drone/UAS business, and expanding recurring software revenue alongside large hardware deployments.