Lantronix Launches New NTC-500 Series 5G Industrial Router

Lantronix Inc. (NASDAQ:LTRX) is one of the tech stocks to buy according to analysts. On July 17, Lantronix introduced its new NTC-500 Series, which is a rugged industrial-grade 5G wireless router. The series transforms enterprise mobility and connectivity through an affordable solution that reduces the need for costly Ethernet infrastructure, saving thousands of dollars per drop, while providing high-speed and low-latency performance comparable to wired networks.

The launch of the NTC-500 Series is a direct result of Lantronix’s acquisition of NetComm Wireless, which was finalized on December 26 last year, for $6.5 million in cash. The NTC-500 Series is designed to address key pain points in industrial connectivity, such as high deployment costs, lengthy installation timelines, limited mobility, and the need to support a high density of connected endpoints.

Lantronix Launches New NTC-500 Series 5G Industrial Router

A robotic arm holding a semiconductor chip, emphasizing the precision and quality of the company’s production equipment.

Its flexible and future-ready design is expected to open new revenue streams across private 5G, edge computing, and industrial automation markets, supporting various use cases and reducing total cost of ownership. The router is globally approved and carrier-certified, supporting private-5G readiness with bands like n48-CBRS, n77, and n78, which enables the rapid digitization of previously stranded or mobile assets.

Lantronix Inc. (NASDAQ:LTRX) develops, markets, and sells industrial and enterprise IoT products and services internationally.

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Disclosure: None. This article is originally published at Insider Monkey.