Lyntris selected by SES to deliver resilient, GEO satellite payloads for U.S. Space Force's PTS-G program. Oct 13, 2026, 08:00 ET * Lyntris' precision RF and pointing technology, built on decades of GEO heritage, anchors a resilient, jam-resistant communications network that keeps warfighters connected in contested environments. WASHINGTON, Oct. 13, 2026 /PRNewswire/ - Lyntris, a defense technology company delivering integrated sensing, communications, and mission systems, today announced it has been selected by Intelsat General Communications, LLC, a SES Space & Defense company, to serve as prime payload integrator in support of the U.S. Space Force's Protected Tactical Satellite Communications-Global (PTS-G) program. PTS-G is a U.S. Space Force program to build a constellation of small satellites in geostationary orbit. Using the Protected Tactical Waveform (PTW), this fleet will give warfighters a communications link that is more resilient. The constellation will augment legacy tactical SATCOM satellites with a distributed and proliferated network that can absorb the loss of any single spacecraft. Space Systems Command has structured the effort as a multiple-award IDIQ contract with a ceiling of $4 billion. As prime payload integrator, Lyntris will provide the RF payload architecture, precision pointing systems, and antenna technologies that form the foundation of the PTS-G's protected communications capability. Intelsat General Communications, LLC. serves as the prime contractor for the effort. Lyntris brings more than 30 years of experience delivering complex antenna and RF systems for military missions across all orbits. Its proven GEO heritage - earned where performance and resilience requirements are at their most demanding - substantially reduces technical risk, and Lyntris' integrated design-build-test capability allows it to meet the accelerated development timelines demanded by this crucial program. The company's payload integration and test facilities also reduce supply chain risk, consolidating work that might otherwise span multiple vendors under one roof. Combined, these factors are why Intelsat General Communications, LLC. selected Lyntris as prime payload integrator for a program that demands speed and commercial readiness without compromising performance. "Being selected as the payload integrator for PTS-G is validation of the mission critical RF and resilient pointing capability our team has built over decades - and the proprietary IP that lets us move from design to flight at the speed this mission demands," said Brian Morrison, CEO at Lyntris. "This is exactly the kind of mission-critical work Lyntris was built to deliver, and I couldn't be more proud of the team." "PTS-G demands performance with zero margin for error in GEO, and that's exactly where our team excels," said Richie Dart, General Manager of C5ISR at Lyntris. "This award reflects years of engineering discipline behind every multiband and resilient RF system we've fielded, and we're ready to deliver that same rigor for the Space Force." "PTS-G represents the next generation of protected tactical satellite communications, and our team is committed to delivering the advanced payload technologies this mission demands," said David Broadbent, President and CEO of SES Space & Defense. "Lyntris's resilient payload architecture design, combined with their integrated antenna and motion systems are central to our ability to compete for this role, and this award builds on our long history of delivering secure, resilient space capabilities to the U.S. government." Lyntris will integrate and test the full PTS-G Payload at their integration facility in Longmont, Colorado. The PTS-G program is managed by Space Systems Command (SSC) at Los Angeles Air Force Base, California, with initial operational capability targeted for fiscal year 2029. About Lyntris Lyntris is a defense technology company that provides sense-to-act connectivity solutions for the modern battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers sense threats, make sense of complex conditions and act with greater speed, precision and confidence in contested environments. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "expect," "believe," "anticipate," "may," "could," "intend," "plan," "estimate," "target," "predict," "project," "will," "should," "forecast," "outlook" or similar expressions, or by discussion of strategies, plans or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding: the expected scope, value and timing of orders under the PTS-G program; Lyntris' anticipated role as prime payload integrator; the anticipated performance and capabilities of Lyntris' payload architecture, precision pointing systems and antenna technologies; expected development, integration and test timelines; the achievement of initial operational capability; and the potential for expanded business opportunities. These statements are based on current expectations, estimates, assumptions and projections of Lyntris' management and are neither predictions nor guarantees of future events, circumstances or performance. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, without limitation: the IDIQ contract structure does not guarantee any particular volume or timing of orders; Lyntris' dependence on U.S. government defense and space budgets and appropriations; Lyntris' dependence on the prime contractor's performance and continued participation in the program; risks associated with performance on fixed-price or cost-type government contracts; the competitive environment for RF, antenna and precision manufacturing technologies; supply chain disruptions or constraints on specialized materials and components; Lyntris' ability to meet accelerated development timelines demanded by the program; our ability to protect and enforce proprietary technology and intellectual property rights; the inherent uncertainties in complex space and defense programs, including potential schedule delays, technical challenges or cost overruns; changes in applicable laws, regulations or government procurement policies; and other factors described under "Risk Factors" in Lyntris' filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended, copies of which are available free of charge at the SEC's website at www.sec.gov under Lyntris Inc. The forward-looking statements included in this announcement are only made as of the date of this announcement. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable law. Nothing in this press release, including use or display of third parties' trademarks, service marks, trade name or products, should be construed as an approval, endorsement, guarantee or sponsorship by any third parties of Lyntris Inc., its products, business or financial performance or any aspect of this press release. SOURCE Lyntris

MDA adds depth to leadership with new board appointments - two industry veterans to guide growth strategy. 7 August 2026, 8:01 AM Farrell and Spengler's combined 80 years of Experience poised to accelerate MDA's growth. MDA Space announced two high-caliber appointments to its Board of Directors: John Farrell, Chief Operating Officer at Magna International, and Stephen Spengler, former CEO of Intelsat SA. Both executives join at a critical moment as the company aims to solidify its position as a global leader in satellite systems, robotics, and space exploration. Leadership brings deep manufacturing and satellite industry expertise. | Name | Relevant Experience | Key Achievements | Role at MDA | | John Farrell | Over 40 years in global automotive manufacturing; EVP & COO of Magna International; President of Multiple Magna Divisions | Oversaw 320+ facilities in 25+ countries; Led major smart automation and digital transformation | Board Director | | Stephen Spengler | Nearly 40 years in global telecom and satellite; Former CEO of Intelsat SA | Led integrated satellite & terrestrial network; 1,700+ business clients; Services spanning 200+ countries | Board Director & Audit Committee Member | Strategic rationale: managing growth in a competitive space landscape. MDA Space is at a pivotal juncture as the space industry undergoes rapid transformation. By tapping Farrell's operational know-how and Spengler's global network expertise, MDA is aligning its board with the complex demands of scaling manufacturing capabilities while broadening its technical leadership in satellite solutions. With over 4,000 team members and a track record of participation in more than 450 missions, MDA's decision to strengthen its governance comes as the company pursues strategic projects - ranging from satellite communications infrastructure to space exploration technologies. The combined backgrounds of Farrell and Spengler are expected to sharpen MDA's ability to execute on bold, technologically ambitious initiatives. Forward-Looking signals: board enhancements reflect commitment to long-term strategy. While the appointments do not guarantee future performance, they do suggest that MDA is preparing for its next growth phase with a deliberate focus on both operational efficiency and technological innovation. Board Chair Brendan Paddick emphasized that the new directors "strengthen our ability to scale and deliver on our long-term strategy," while CEO Mike Greenley highlighted their expected influence on how the company operates and evolves. What investors should watch: track record paves way for ambitious growth. With MDA operating in a dynamic sector where execution and technology leadership are paramount, these new board members' past accomplishments hint at an intent to reinforce MDA's competitive edge. As the company aims to bridge the gap between innovation and proven capabilities, investors and industry observers will be watching how these appointments support tangible outcomes over the coming quarters. For those following the global expansion of space technology, MDA Space's enhanced Board composition could be a sign of even bigger moves ahead. As always, while board appointments are crucial, the long-term impact will ultimately hinge on MDA's ability to deliver results and manage risks as outlined in its forward-looking statements. Contact Information: If you have feedback or concerns about the content, please feel free to reach out to Market Chameleon via email at [email protected]. About the Publisher - Marketchameleon.com: Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. Market Chameleon leverage extensive data, models, and analytics to provide valuable insights into these markets. Its primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards. NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. 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