Lantronix Launches New Global Navigation Satellite System Receiver Modules, Extending Embedded IoT Solutions Offerings

Lantronix Inc., a global provider of secure turnkey solutions for intelligent IT and Internet of Things (IoT), announced the launch of its new PNT Series Global Navigation Satellite System (GNSS) Receiver Modules. The embedded modules provide an easy-to-use, cost-effective solution to enable the addition of GNSS functionality to products.

The new PNT Series GNSS receiver modules are appropriate for use in consumer solutions, including people/pet and asset tracking devices as well as agriculture asset monitoring and commercial solutions, such as drones, toll road charging, fleet management, maritime, rail, critical infrastructure, utilities and other applications.

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“With the addition of the GNSS receiver modules, Lantronix is expanding its embedded IoT family to meet the growing demand for GNSS capabilities in a wide range of essential, often critical, consumer and commercial applications,” said Brian Jaroszewski, Lead Product Line Manager at Lantronix Inc. “Adding positioning and tracking, navigation and timing capabilities supports essential processes in many industries, empowering our customers to propel our world forward with enhanced safety, security and the increased ability to more effectively and remotely manage people, places and things.”

According to the European Union Agency for the Space Program (EUSPA), by 2031, more than 10 billion GNSS devices will be in use across the world. The dominant role is set aside for the mass market segments of Consumer Solutions, Tourism and Health, which will contribute to 92 percent of all devices in use. The global GNSS downstream market revenues, covering both device sales and service-related revenues, is expected to grow at a CAGR of 9.2 percent over the next decade, reaching a total of USD $486 billion by 2031.

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