September 2026 – Page 450

Lantronix Nominates Defense Technology Executive and Former Navy SEAL Jason Lamb to Board of Directors

Posted on September 22, 2026 by Ravi Shankar

Planned Board refresh adds defense, autonomy and public company leadership experience as Hoshi Printer and Jim Auker conclude their service at the 2026 Annual Meeting in November

IRVINE, Calif., Sept. 22, 2026 (GLOBE NEWSWIRE) — Lantronix Inc. (Nasdaq: LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced that its Board of Directors has nominated Jason Lamb, a former U.S. Navy SEAL officer and defense technology executive, for election as an independent director at the company’s 2026 Annual Meeting of Stockholders on Nov. 3, 2026.

As part of a planned Board refresh, Chair of the Board Hoshi Printer and Director Jim Auker will not stand for re-election and will conclude their Board service at the Annual Meeting of Stockholders in early November. Printer joined the Board in 2010 and has served as Chair of the Audit Committee since 2010 and as Chair of the Board since 2024. Auker joined the Board in 2025 and has served on the Audit Committee.

“It has been a privilege to serve Lantronix for 16 years and to help guide the company through a period of significant transformation,” said Printer. “With a strong balance sheet, a clear strategy and growing opportunities across its key markets, I believe this is the right time for the next phase of Board leadership. I am confident in the Board and management team as they continue to execute the company’s strategy.”

“On behalf of the Board and our employees, I want to thank Hoshi and Jim for their service,” said Saleel Awsare, President and CEO of Lantronix. “Hoshi’s financial discipline and steady leadership helped position Lantronix with the balance sheet and focused strategy we have today, and Jim brought valuable M&A and corporate advisory perspective to our Audit Committee. We are grateful to them both.”

“Jason’s experience at the intersection of national security, autonomous systems and technology commercialization will be a valuable addition to our Board as we continue to scale our unmanned systems business. His background as a Navy SEAL officer, defense technology executive and public company CEO will bring a highly relevant perspective as we deepen our relationships with defense customers and accelerate the commercialization of our Edge AI solutions,” Awsare concluded.

Lamb is chief executive officer of The LGL Group Inc. (NYSE American: LGL). He brings more than 20 years of leadership experience across special operations, intelligence, technology development and private equity investing. He serves on the Board of Directors of the Association for Uncrewed Vehicle Systems International (AUVSI), the world’s largest organization devoted to advancing the uncrewed systems and robotics industry, and is a director of Alpha G Investment Management Inc. (formerly Teton Advisors Inc.). He previously served as a special advisor to LGL Systems Acquisition Corporation. Lamb also served as chief strategy officer of BlackSea Technologies, a private equity-backed platform focused on maritime defense technologies, following BlackSea’s acquisition of Hard Yards, the company he founded. Earlier in his career, he served as an officer in the U.S. Navy SEAL teams.

Lamb holds an M.B.A. from the University of Virginia Darden School of Business, an M.S. in Management of Information Technology from the University of Virginia, an M.A. in National Security and Strategic Studies from the U.S. Naval War College and a B.S. in Political Science from the U.S. Naval Academy.

“Lantronix is well positioned at the intersection of Edge AI, autonomy and defense, with NDAA-compliant platforms already supporting mission-critical unmanned systems,” said Lamb. “The company has the technology, customer relationships and growing program base to build a much larger business in this market. I look forward to working with the Board and management team to help accelerate that opportunity.”

Lantronix’s unmanned systems business generated $12.6 million in revenue in fiscal 2026 and is expected to represent 15% to 20% of total revenue in fiscal 2027. The company has more than 30 active engagements across defense, commercial and public safety applications, spanning drones, autonomy, imaging and other Edge AI applications. Publicly disclosed customers and partners include Teal Drones, a Red Cat Holdings Inc. (Nasdaq: RCAT) company; Sightline Intelligence; Swarmer Inc. (Nasdaq: SWMR); DoD Solution, a Ukrainian drone company; and AVT Australia, a CACI International Inc. (NYSE: CACI) company.

About Lantronix

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks. It delivers intelligent computing, secure connectivity and remote management for mission-critical applications, enabling customers to optimize operations, enhance security and accelerate digital transformation. Its comprehensive portfolio of hardware, software and services powers applications ranging from mission-critical autonomous platforms and edge analytics for critical infrastructure to intelligent surveillance and secure network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security and a competitive edge in today’s AI-driven world. For more information, visit the Lantronix website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements concerning the composition of our Board of Directors following the 2026 Annual Meeting of Stockholders, the expected contribution of unmanned systems to our revenue in fiscal 2027, the continuation of existing customer programs, our expectations for revenue growth and Lantronix’s positioning to capitalize on opportunities in the aerospace, defense and unmanned systems markets. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the outcome of the stockholder vote at the 2026 Annual Meeting; the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to changes in U.S. or foreign government trade policies, including recently increased or future tariffs, a pandemic or other outbreaks, wars and recent conflicts in Europe, Asia and the Middle East or other factors; changes in U.S. and foreign government defense spending priorities and procurement; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws and regulations; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2026, filed with the Securities and Exchange Commission (the “SEC”) on Aug. 27, 2026, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

Investor Contact:

Matt Glover and Greg Robles
Gateway Group Inc.
LTRX@gateway-grp.com

Media Contact:

Diana Puckett
PRforLantronix@Bospar.com

Posted in UncategorizedTagged GlobeNewswire

Building Homes, Building Workforces: Inside Wells Fargo’s $5M Tour Across Five States

Posted on September 22, 2026 by sHq_LoGiNz

By Sherrell McMillan, Corporate Communications

Key takeaways

Economic growth depends on access to affordable housing.
Housing shortages across the country are limiting workforce growth, employer recruitment and retention efforts, and long-term economic competitiveness.
Wells Fargo and the Wells Fargo Foundation are investing in community-led solutions that expand housing supply and strengthen the skilled workforce needed to build homes.

Wells Fargo leaders traveled hundreds of miles across America this August, meeting the people, organizations, and nonprofits working to expand economic opportunity in their communities.

During the tour, one message emerged consistently: Economic growth is fundamentally linked to affordable housing and workforce development. Employers need skilled workers. Workers need affordable places to live. And communities need both to attract investment, create jobs, and sustain long-term economic growth.

Drawing on 174 years of supporting communities, Wells Fargo was ready to act on those needs. Over five days in five states, Wells Fargo announced $5 million in philanthropic investments to support community-led efforts to expand housing supply, strengthen skilled trades, and drive economic opportunity. The investments reflect the bank’s commitment to helping communities across the country address interconnected challenges and build the foundation for long-term growth.

“Through the last five days, we have seen a coalition of the willing coming together — local universities, public officials, local and regional partners showing up for the importance of affordable housing and investing in the skilled workforce,” said Jason Rosenberg, head of Public Affairs at Wells Fargo, while at a tour stop in Minot, North Dakota.

Mike Rowe, founder of the mikeroweWORKS Foundation, joined Wells Fargo on two tour stops and saw the challenges firsthand. “Everybody is paying attention to this issue,” Rowe said, “but nobody has done more than Wells Fargo.”

The five-state tour builds on Wells Fargo’s decades of work in housing affordability. From strengthening skilled trades in Alaska to a high school homebuilding program in Montana to supporting housing innovation, Wells Fargo continues to advance communities on their path to growth.

Here’s a look at how Wells Fargo’s most recent investments across the country are shaping housing infrastructure in cities, towns, and rural areas.

Opening doors across North Dakota

For more than 27 years, Beyond Shelter has worked to ensure older adults have affordable housing. According to the nonprofit, they’ve financed 57 housing developments, creating more than 1,800 affordable homes across North Dakota, South Dakota, and Minnesota.

When Beyond Shelter opened its older adult housing community two years ago, every apartment was leased within two months. The need for affordable housing is real.

“Quality affordable housing provides stability, dignity, and peace of mind,” said Dan Madler, CEO of Beyond Shelter.” And too many people across North Dakota are still waiting for access to it.”

In August, Wells Fargo, which has served North Dakota communities since 1885, announced a combined $1.2 million investment from the company and the Wells Fargo Foundation in Beyond Shelter and Junior Achievement North, a Minnesota-based nonprofit focused on experiential learning that drives real economic mobility.

Through a newly branded Junior Achievement pop-up classroom, the next generation of homeowners will have access to financial education and information about the requirements of homeownership.

“Housing impacts a community because it impacts people,” said Madler. “When people have a safe, affordable place to live, they experience greater stability, less stress, and a stronger sense of security. Those individual benefits then ripple outward to families, employers, neighborhoods, and communities.”

Keeping Idaho talent at home

For students and working adults in and around Jerome, Idaho, the distance to College of Southern Idaho’s (CSI) Twin Falls campus can create real financial and personal barriers to higher education and workforce training.

That’s changing with CSI’s new LeRoy Craig Jerome Center, a 20,000-square-foot facility offering hands-on training in construction, electrical, plumbing, welding, and manufacturing trades right where students live and work. A $500,000 grant from the Wells Fargo Foundation helped make it possible.

“Idaho is growing quickly,” said Brett Madron, CSI’s Senior Director of Workforce and Economic Development. “But for years, places like Twin Falls and Jerome were seen as exporters of talent, with young people feeling they had to leave to do something amazing. The reality is that amazing opportunities exist here, too.”

Madron sees workforce development and housing affordability as closely connected.

“Building the skilled workforce attracts employers, keeps talent, creates high-paying jobs, and turns workers into homeowners. It’s a virtuous cycle.”

A feeling of ‘This is mine’ in Iowa

For most of her adult life, Emily Van Dorin felt like she lived out of boxes.

A native of Indianola, Iowa, she spent years renting, moving, and raising her son while navigating life’s challenges. A conversation with her mother led her to apply for Habitat for Humanity’s homeownership program. After completing the required volunteer hours and financial education classes, she picked up the keys to her new home.

“I went downstairs, laid on the carpet, and just cried,” Van Dorin said of walking into her new home for the first time. “I kept thinking, ‘This is mine. This is mine.’”

Wells Fargo recently announced $1.5 million in funding for Habitat for Humanity, including support for a new $1 million Rural Housing Innovation Fund that uses modular construction to reduce build timelines and expand affordable housing in rural communities nationwide. The Greater Des Moines Habitat for Humanity affiliate received $500,000 from Wells Fargo to continue helping people like Van Dorin.

“This home has helped me spread my wings a little bit,” she said, “and find my own peace.”

A Cornhusker blueprint in Nebraska

At Metropolitan Community College (MCC) in Omaha, Nebraska, students are learning homebuilding skills in a full-sized house built at the school’s construction lab. Rashad Deal, a first-generation college student, can’t get enough of the lab because it’s a peek into his future.

He represents what the Wells Fargo Foundation’s $1.25 million grant in support of MCC and local nonprofit Homewoven is designed to produce: a workforce capable of building affordable homes and future homeowners prepared to purchase them. Homewoven helps connect those two needs by offering students on-the-job experience with construction of affordable homes in South Omaha.

“I don’t plan on leaving Omaha anytime soon,” Deal said. “I intend to have a management position in some kind of residential work and my own home in the next few years. I want to be able to give back and help create affordable housing for Omaha.”

Wyoming’s concrete answer

Jason Mackie and Aaron Resnick have long believed that quality housing is a foundation for a good life. That’s why they co-founded InOurHands — to find innovative solutions to the housing crisis.

Their answer: High Performance Structural Cellular Concrete (HPSCC), a proprietary building material that’s fireproof, wind-resistant, energy-efficient, and cost-effective.

A $1 million Wells Fargo Foundation grant to Wyoming Housing Network (WHN) is helping InOurHands put the technology to work through Goodwill Landing, a 24-home development in Casper, Wyoming, that will allow Casper College students to train on-site through the build. Goodwill Landing is intended to serve as a replicable model for future affordable housing developments across the state.

“Our goal is to strengthen Wyoming communities by providing quality resources and opportunities for people to reach their housing goals,” said Melissa Noah, executive director of WHN.

The projects look different from state to state — a training center in Idaho, Habitat homes in Iowa towns, a housing development for seniors in North Dakota, innovative construction techniques in Wyoming, and workforce partnerships in Nebraska.

Together, however, they reflect a common belief that communities are strongest when people can afford to live, work, and build their futures close to home.

Since 2019, Wells Fargo & Company and the Wells Fargo Foundation have donated more than $2 billion to strengthen local communities.

Find out how we’re investing in communities throughout America.

Posted in UncategorizedTagged 3BL

NeOnc’s Delivery may Finally Change the Equation for Brain Cancer’s Next Frontier

Posted on September 22, 2026 by Ravi Shankar

DENVER, Sept. 22, 2026 (GLOBE NEWSWIRE) — (247marketnews.com)– NeOnc Technologies Holdings (NASDAQ: NTHI) is becoming a prominent player, as brain cancer research is entering an increasingly sophisticated era.

However, one of the field’s biggest problems remains stubbornly simple: getting effective therapy to the tumor while protecting the brain from additional damage. A July 2026 review in Science Translational Medicine described glioblastoma as remaining one of the most aggressive adult brain cancers, with survival still largely unchanged despite advances in molecular diagnostics and supportive care. At the same time, researchers are pursuing an expanding menu of approaches; targeted therapies, immunotherapy, tumor-treating fields, focused delivery technologies and molecularly selected treatments.

One of the most important developments has been the increasing use of molecular biomarkers to divide brain tumors into more precisely defined diseases. The FDA’s recent brain-tumor approvals illustrate the trend: therapies are increasingly being developed around specific molecular alterations rather than treating every tumor as biologically identical. Vorasidenib, for example, targets susceptible IDH1/IDH2-mutant tumors, while other recent approvals have focused on specific alterations in pediatric brain cancers.

That is where NeOnc enters the story with NEO100. Rather than attempting to solve the blood-brain barrier problem by forcing a conventional systemic drug through it, NEO100 uses an intranasal delivery approach designed to reach the central nervous system through the nasal/olfactory pathway. The company’s Phase 2a study specifically enrolled patients with recurrent or progressive Grade III and Grade IV glioma carrying an IDH1 mutation; a biomarker-defined population where the company is attempting to establish a targeted development path.

The August 2026 Phase 2a readout gives investors and researchers a reason to pay attention, while also demanding caution. NeOnc reported six-month progression-free survival of 48.9% versus a prespecified 20% benchmark, with a reported p-value of 0.0047. Median overall survival was 26.09 months, and five of 24 patients remained on treatment at the data cutoff. The company also reported no major toxicities across the cohort, with adverse events predominantly low-grade.

The appropriate takeaway being that NEO100 generated a clinical signal worthy of further investigation.

The broader competitive landscape underscores both the opportunity and the challenge. The National Cancer Institute currently lists numerous active glioblastoma trials involving combinations of chemotherapy, radiation, immunotherapy, targeted agents, tumor-treating fields and other experimental approaches. Meanwhile, Novocure’s Phase 3 TRIDENT study did not meet its primary endpoint for overall survival when tumor-treating fields were initiated earlier, illustrating how difficult it remains to translate promising therapeutic concepts into statistically conclusive clinical benefits.

For NeOnc, the next major question is therefore whether the NEO100 signal can be reproduced in a larger, better-controlled study. The company says it plans to seek a Type B meeting with the FDA to discuss a potential registrational pathway for recurrent IDH1-mutant high-grade glioma. That regulatory discussion could help clarify what evidence would be required for the program’s next stage.

The bigger significance of NEO100 may ultimately extend beyond a single drug. If intranasal delivery can demonstrate that therapeutically meaningful exposure to the brain can be achieved while maintaining tolerability, it could strengthen interest in the nose-to-brain delivery concept itself.

About 24/7 Market News

In today’s fast-moving markets, visibility is everything and 24/7 Market News (24/7) provides a powerful suite of investor relations and public relations solutions designed to elevate your company’s profile quickly and effectively. Whether you’re an established name seeking broader awareness, or a micro-cap looking to break out of obscurity, 24/7 delivers targeted, high-impact coverage through timely news distribution, analyst report placements, featured editorials, and multi-channel amplification across financial platforms, social media, and investor communities. Our services help cut through the noise, attract institutional interest, drive exposure, and build long-term shareholder credibility, all while maintaining full SEC compliance and transparency. For Analyst Report coverage, custom IR campaigns, press release syndication, or other tailored investor and public relations solutions, contact sales@247mnn.com to discuss how 24/7 can help accelerate your company’s visibility and valuation trajectory.

This is a paid editorial communication intended for informational purposes only. 24/7 is compensated by NTHI to provide ongoing news coverage of expected upcoming catalysts and events as well as market outreach services. For further disclosure information, please click here. This should not be construed as financial or investment advice. Trading involves substantial risk; consult your financial advisor.

Important Editorial Note: 247 highlights companies approaching significant catalysts and inflection points. This report reflects information available at the time of publication. Since developments can occur rapidly, readers should independently verify current information and review all company filings and disclosures.

CONTACT:
24/7 Market News
Editor@247mnn.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company’s ability to continue as a going concern, general economic conditions, and other risk factors detailed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.

Posted in UncategorizedTagged GlobeNewswire

Riassunto: Amazfit presenta T-Rex Dual Solar, il primo smartwatch AMOLED con ricarica solare sui due lati

Posted on September 22, 2026 by sHq_LoGiNz

MILPITAS, Calif.–(BUSINESS WIRE)–Amazfit, un marchio principale globale di dispositivi smart indossabili di proprietà di Zepp Health, oggi ha annunciato T-Rex Dual Solar, uno smartwatch premium per le spedizioni, creato per le esplorazioni a lunga distanza per più giorni. Il lancio è previsto per l’equinozio d’autunno, un giorno definito dall’equilibrio di luce e oscurità. Il T-Rex Dual Solar è il primo smartwatch AMOLED al mondo dotato di sistema di ricarica solare sui due lati: l’energia so