Lantronix shares rise 2.19% premarket after launching NTC-500 Series 5G router.

Lantronix, Inc. rose 2.19% in premarket trading, driven by the launch of its new NTC-500 Series rugged industrial-grade 5G router. This product, a result of Lantronix's acquisition of NetComm Wireless, is designed to transform enterprise mobility and connectivity, positioning the company as a leader in cutting-edge connectivity solutions for industrial IoT markets. The router's carrier certification, global approvals, and disruptive price point empower enterprises to eliminate costly Ethernet infrastructure, potentially saving thousands of dollars.