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MINNEAPOLIS - Digi International (NASDAQ:DGII), a $1.22 billion market cap company with a robust 62% gross margin and strong financial health according to InvestingPro analysis, has introduced the Digi IX30-0EG4, an industrial IoT cellular router that supports Anterix's 900 MHz private LTE spectrum, according to a press release statement issued Monday.
The new router has received the Anterix Active designation, indicating its compatibility with Anterix's nationwide 900 MHz spectrum. The device is designed for hazardous environments and mission-critical applications in energy and utilities sectors, including smart grid automation and SCADA systems. This product launch aligns with Digi's growth strategy, with InvestingPro data showing the company maintains a healthy 1.57 current ratio and operates with moderate debt levels.
The IX30-0EG4 features C1D2 and NEMA TS2 ratings for industrial durability and operates on both public and private LTE networks. It integrates with Digi Remote Manager for centralized configuration and monitoring capabilities.
"Digi IX30-0EG4 provides advanced edge intelligence, streamlined integration, and ruggedized performance that is purpose-built for evolving needs," said Vitaly Kurduban, Senior Product Manager at Digi International.
The router leverages Anterix's 900 MHz spectrum, which offers wide-area coverage and deep penetration through obstacles across challenging terrains. This spectrum band is particularly suitable for utility communications requiring continuous uptime.
Steve Ryan, Vice President of Ecosystem and Partnerships at Anterix, noted that the device "delivers a critical building block for utilities seeking secure, private LTE communications."
The product includes edge computing capabilities, high-density I/O ports, and supports legacy serial protocols and MQTT Sparkplug B for integration with modern automation systems.
The Digi IX30-0EG4 is currently available through Digi's authorized distributors.
In other recent news, Digi International reported strong financial results for the second quarter of 2025, surpassing analysts' expectations. The company achieved an earnings per share of $0.51, exceeding the projected $0.48, and reported revenue of $105 million, which was above the forecast of $104.11 million. Additionally, Digi International announced a significant reduction in net debt by $25 million, enhancing its financial stability. In other developments, Digi International launched the Digi Axess mobile app and VPN service, aimed at improving security and management for industrial infrastructures. This new solution is designed for industries such as oil and gas and water management, offering remote monitoring and control capabilities. The VPN service provides secure connectivity, reducing cybersecurity risks without relying on public static IPs. These recent developments reflect Digi International's continued focus on expanding its solution-oriented approach in the industrial IoT market.
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