Lantronix NTC-550 Series Industrial IoT Gateways Accelerate Industrial Digital Transformation

The rugged 5G NTC-550 gateway with Wi-Fi 6 and serial connectivity replaces complex wired builds, reducing installation time and costs

IRVINE, Calif., May 26, 2026 - Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced its new NTC-550 Series ruggedized industrial IoT gateways, which combine ultra-fast 5G connectivity and networking with the robust performance of Wi-Fi®, serial and I/O interfaces for use in the rapidly growing market of remote, challenging and off-grid environments. This announcement underscores Lantronix's position as a leading global provider of cutting-edge connectivity solutions for enterprise and industrial IoT markets, including fast-growing industries such as mobile network operators and utilities.

"Critical infrastructure operators are increasingly challenged to deploy secure, high-performance connectivity in remote and difficult environments," said Mathi Gurusamy, chief strategy officer at Lantronix. "Lantronix's ruggedized industrial gateways create a powerful, easy-to-deploy platform that delivers resilient connectivity in locations that traditional networks cannot reach."

Capitalizing on the Accelerating Global Shift Toward Wireless Industrial Infrastructure

With carrier certification, global approvals and a disruptive price point, the NTC-550 Series empowers enterprises to eliminate costly Ethernet infrastructure - potentially thousands of dollars per drop - while retaining the high-speed, low-latency performance traditionally associated with wired networks.

In addition, by addressing key pain points such as high deployment costs, long installation timelines, limited mobility and the need to support a high density of connected end points, the NTC-550 solution opens new revenue streams across private 5G, edge computing and industrial automation markets. Its flexible, future-ready design supports a wide range of use cases, enabling customers to scale efficiently while reducing total cost of ownership.

Lantronix NTC-550 Series Industrial IoT 5G Gateways for Connectivity Anywhere

Lantronix's new NTC-550 Series features 5G NR Release 16 SA/NSA with automatic 4G LTE fallback that keeps networks connected virtually anywhere. It features multiple versatile interfaces, including Wi-Fi 6, Bluetooth, GNSS, serial, I/Os and ignition sensing for diverse applications. Its high-speed flexible networking is based on Gbps WAN plus multiple-gigabit Lan ports for fast, scalable deployments.

Built for harsh environments, its rugged metal housing and wide temperature tolerance range make it ideal for unmanned and/or mobile operations. Delivering cost-effective enterprise performance, Lantronix's NTC-550 Series features advanced routing, a strong firewall and remote management at an affordable price point, making it an ideal solution for enterprises, domestic and global systems integrators, mobile network operators, OEMs and infrastructure vendors.

Key Investor Takeaways

Lantronix's new NTC-550 Series industrial IoT gateways strengthen the strategic positioning of Lantronix in the rapidly expanding market for industrial connectivity, Edge AI infrastructure and resilient networking for critical systems.

Key functions:

• Expands Addressable Market in Critical Infrastructure. Targets growing demand across utilities, energy, defense, transportation and emergency response sectors requiring secure, resilient connectivity.
• Accelerates Edge Networking Platform Adoption. Builds on Lantronix's portfolio of industrial gateways, PoE platforms and Edge AI networking solutions designed for distributed infrastructure.
• Creates Additional Channel Opportunities. Expands Lantronix's reach into European and international critical infrastructure markets.
• Supports Recurring Revenue Opportunities. Creates long-term lifecycle opportunities with Percepxion™ remote management, secure networking and scalable deployments through upgrades and expanded deployments.
• Positions Lantronix for Multi-Year Infrastructure Modernization Trends. Supports the resilient-network investments of governments and infrastructure operators worldwide to support automation, unmanned systems and digital transformation initiatives.

About Lantronix

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT and commercial and defense unmanned systems, including drones, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today's AI-driven world. For more information, visit the Lantronix website.

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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning growth expectations in the global drone market and Lantronix's positioning to capitalize on opportunities for long-term, high-margin growth in the drone and defense technology markets. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers' and vendors' supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, filed with the Securities and Exchange Commission (the "SEC") on Aug. 29, 2025, including in the section entitled "Risk Factors" in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

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