The Zhitong Finance App learned that Lyntris (LYNX.US), which provides defense technology connectivity solutions for military operations, submitted an application to the US Securities and Exchange Commission (SEC) last Thursday and is expected to raise up to 300 million US dollars through an initial public offering (IPO).
Lyntris is a defense technology company that provides connectivity solutions for military customers, including the US Department of Defense and allies. The company's business covers three areas: sensor architectures (embedded software and signal processing that converts raw sensor inputs into usable data), sensor hardware (proprietary RF and antenna systems, radar and related subsystems), and data/software platforms (integrating and visualizing information to support command, control, and mission execution). Its solutions are used in maritime situation sensing, air defense and missile defense, and space intelligence surveillance and reconnaissance (ISR) and communications missions. The company was formed in 2026 from the merger of two previously separate companies — Accelint and Vitesse — both of which were formed through a series of mergers and acquisitions by Trive Capital.
The Falls Church, Virginia-based company was founded in 2018 and achieved revenue of $451 million in the 12 months ending June 30, 2026. It plans to be listed on the New York Stock Exchange (NYSE) under the ticker symbol LYNX. Lyntris secretly submitted a listing application on June 9, 2026. Evercore ISI, Citigroup, Guggenheim Securities, Bank of America Securities, Baird, Raymond James, and William Blair acted as joint bookkeepers for this offering.