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Stock impact report

Evaluating Lantronix (LTRX) Valuation After New Safe Pro Edge AI Threat Detection Agreement [Yahoo! Finance]

Lantronix, Inc. (LTRX) 
Last lantronix, inc. earnings: 2/12 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: lantronix.com/investor-relations
Company Research Source: Yahoo! Finance
Lantronix (LTRX) recently signed a Memorandum of Understanding and Master Services Agreement with Safe Pro Group to co-develop Qualcomm based edge AI solutions for real time threat detection in drones and unmanned systems. The collaboration pairs Lantronix hardware with Safe Pro's Object Threat Detection software and targets defense and security uses that rely on on device processing without constant cloud connectivity. See our latest analysis for Lantronix. Lantronix's latest agreement with Safe Pro lands after a strong run, with a 90 day share price return of 34.96% and a 1 year total shareholder return of 68.96%. This suggests momentum has been building despite a 2.35% one day pullback that leaves the shares at $6.64. If this type of edge AI story has your attention, it could be a good moment to scan high growth tech and AI stocks for other tech and AI names that fit your watchlist. With a 69% 1 year total return, revenue of US$118.3m and a reported net loss of US$10.3m, Show less Read more
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