July 23 (Reuters) – Defense technology company Lyntris on Thursday filed for an initial public offering in the United States.
Defense IPOs are gaining traction as geopolitical tensions fuel investor interest, while resilient equity markets and strong demand encourage companies to pursue public listings.
Lyntris provides defense technology that helps the U.S. and allied forces detect threats, make faster decisions and respond with precision.
It will list on the NYSE under the “LYNX” symbol.
Evercore ISI, Citigroup and Guggenheim Securities are among the underwriters for the offering.
(Reporting by Prakhar Srivastava in Bengaluru; Editing by Pooja Desai)
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