Lantronix receives ‘largest’ in company history order for Quantum Edge

Lantronix announced it has received and executed a production contract to deliver Quantum Edge units to its customer Gridspertise. "The largest in Lantronix history, the order value is greater than initially anticipated due to a customer-requested change in the design of the solution, resulting in increased dollar content for Lantronix. While the increase in content validates the Lantronix value proposition and drives a better-than-anticipated total revenue expectation, it also delayed the initial pilot production and changed the production delivery schedule, and Lantronix therefore no longer expects to realize significant revenue from the customer in the remainder of fiscal 2023. Lantronix expects to begin shipping against this contract in its first quarter of 2024.