Lyntris Inc. (LYNX)
Lyntris Adds Advanced Thermal Management Technology to Enable Next-Generation Sensors and Seekers in Contested Environments
U.S. production line sized for rate manufacturing of advanced thermal hardware and sensors. WASHINGTON, Aug. 28, 2026 /PRNewswire/ -- Lyntris, Inc. (NYSE: LYNX), a defense technology company delivering sense-to-act connectivity solutions for the modern connected battlespace, today announced it has completed a multi-year investment to add phase change material ("PCM") capability at its Jessup, Maryland facility.
Lyntris Stumbles Out of the Gate After Downsized IPO
Lyntris Inc. (NYSE:LYNX) began trading Wednesday after a bumpy path to the public markets, with shares falling 11.4% on debut and a valuation settling near $1.78 billion, well below the $2.5 billion target set earlier this month, according to Reuters.
Lyntris valued at $1.8 billion after shares fall in New York debut
Lyntris' shares fell 11.4% in the defense contractor's New York debut on Wednesday, giving the company a valuation of $1.78 billion and underscoring investor caution toward new listings.
Defense contractor Lyntris, shareholders raise about $298 million in downsized US IPO
Lyntris and some of its existing stockholders raised $297.5 million in a downsized U.S. IPO after pricing below the marketed range and offering fewer shares, the defense contractor said on Tuesday, as the summer listing market draws to a close.
Trive Capital-backed Lyntris targets $2.5 billion valuation in US IPO
Defense technology company Lyntris is targeting a valuation of up to $2.53 billion in its U.S. initial public offering, it said on Monday.
