The Zhitong Finance App learned that on Wednesday, Lyntris Inc. (LYNX.US), a defense technology company controlled by private equity firm Trive Capital, entered the US stock market. As of press time, the stock was down nearly 10% to $15.8. The IPO price is $17.5. Lyntris is headquartered in Falls Church, Virginia. Its main products are battlefield sensors and supporting software to serve the US Department of Defense and its allies. As of December 31, 2025, the company has participated in more than 200 active defense projects, and no single project accounts for more than 7% of the company's revenue. As of June 30, 2026, the company's backlog of orders had doubled from a year earlier to US$923.9 million.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that on Wednesday, Lyntris Inc. (LYNX.US), a defense technology company controlled by private equity firm Trive Capital, entered the US stock market. As of press time, the stock was down nearly 10% to $15.8. The IPO price is $17.5. Lyntris is headquartered in Falls Church, Virginia. Its main products are battlefield sensors and supporting software to serve the US Department of Defense and its allies. As of December 31, 2025, the company has participated in more than 200 active defense projects, and no single project accounts for more than 7% of the company's revenue. As of June 30, 2026, the company's backlog of orders had doubled from a year earlier to US$923.9 million.
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