Lyntris completes CDR for KSAT Hyperion Satellite program. Sep 03, 2026, 17:39 ET Tri-band RF system advances for KSAT's next-generation HYPER relay network WASHINGTON, Sept. 3, 2026 /PRNewswire/ - Lyntris Inc. (NYSE: LYNX), a defense technology company delivering sense-to-act connectivity solutions for the modern connected battlespace has completed Critical Design Review (CDR) for the tri-band antenna system in development for Kongsberg Satellite Services (KSAT)'s two-satellite Hyperion mission, marking a key milestone as the program advances toward hardware integration, qualification, and flight. Hyperion is the pathfinder for HYPER, KSAT's next-generation hybrid RF and optical relay network designed to extend global connectivity into orbit. The architecture will enable spacecraft to move mission data through relay satellites when direct ground-station access is unavailable, reducing latency and increasing access to time-sensitive information. Delivering tri-band performance in a single antenna system is a demanding engineering problem. Each frequency band has to be tightly controlled - filtering out unwanted signals, isolating the bands from each other, and minimizing signal loss. But optimizing for one band can easily degrade performance in another. Meeting those requirements for all three simultaneously, inside a compact, space-qualified envelope, leaves little room for error. That difficulty compounds when the design moves from RF engineering into flight hardware, and the completed system then has to be validated in test facilities capable of characterizing performance across all three bands at once, a capability few organizations maintain in-house. Completion of CDR as planned demonstrates the technical maturity of the design and reflects the close engineering partnership between Lyntris and KSAT as both teams move toward flight hardware. Lyntris brings RF engineering, manufacturing, system integration, and multi-band testing together under one roof. That combination - along with proprietary design and process IP - is what allows a design as demanding as the tri-band antenna to move from requirements to flight hardware. "Hyperion is an important step toward a more connected and resilient space architecture," said Madison Dye, Lyntris' Vice President of C5ISR. "We're proud to partner with KSAT and provide the advanced RF technology needed to make that architecture work. Completing CDR on schedule demonstrates our ability to move complex antenna systems from requirements to flight-ready hardware with speed and discipline." About Lyntris Lyntris is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers detect threats earlier, decide faster and act with precision in contested, multi-domain 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 timeline and progress of the Hyperion antenna program; the anticipated technical performance and capabilities of the tri-band antenna system; expected production and delivery schedules; the role of the antenna in KSAT's HYPER relay network architecture; Lyntris' ability to move complex antenna systems from requirements to flight-ready hardware; statements regarding Lyntris' manufacturing, integration and qualification capabilities; 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: dependence on KSAT's program decisions, priorities, funding and continued support for the Hyperion demonstration mission and HYPER relay network; technical risks inherent in developing, qualifying, integrating and operating space-qualified hardware; the risk that completion of CDR does not guarantee successful qualification, integration or flight; the competitive environment for RF and antenna technologies; supply chain disruptions, shortages or constraints affecting specialized materials and components; schedule delays, technical challenges or cost overruns in complex space and defense programs; uncertainties in U.S. government and commercial space budgets, appropriations and customer spending; changes in applicable laws, regulations or government procurement policies; and other factors described under "Risk Factors" and elsewhere 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 on the SEC's website at www.sec.gov under Lyntris Inc. The forward-looking statements included in this press release are only made as of the date of this press release. 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 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

Lyntris adds advanced thermal management technology to enable next-generation sensors and seekers in contested environments. Aug 28, 2026, 08:00 ET 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. The investment positions Lyntris as a vertically-integrated source for passive thermal management in seeker, sensor, and mission electronics applications, with production capacity available in Q3 2026. Each new generation of defense electronics demands greater performance out of ever smaller form factors. Radars are expected to see farther with increased sensitivity and advanced seekers need to detect, track and destroy targets in highly contested environments. All of that sensor capability generates heat that has to go somewhere. As density and power levels increase, cooling is often a limiting factor in sensor performance. The usual answer is active liquid cooling, which works well on a ship or a ground vehicle with room to spare, but is not practical inside small, attritable sensors and seekers. Pumps, tubing, and reservoirs take up the volume, add weight, and introduce parts that can fail. Phase change material heat sinks solve the problem differently. They work like a thermal battery: an engineered material inside the heat sink melts as the electronics heat up, absorbing energy. The electronics stay within their limits for the length of the mission, with no pumps and no plumbing. For missions measured in minutes, this solution allows recovery of the space, weight, and reliability an active cooling loop would have consumed. These solutions support missile and sensor platforms entering high-rate production, where requirements can reach thousands of units, so a cooling approach that works on a prototype bench is worth little if it cannot be built the same way thousands of times. Lyntris sized the new manufacturing line anticipating that reality. The line runs the full sequence in one, vertically-integrated facility, built for rate production rather than prototype quantities and includes precision machining of the heat sink structure, vacuum brazing, controlled PCM filling, thermal performance testing, and final assembly. These steps are typically split across multiple vendors, where each handoff adds qualification and schedule risk. "Next-generation defense systems are being asked to deliver substantially more capability from increasingly compact platforms, and thermal management is often one of the limiting factors," said Matt Parisi, VP of Business Development at Lyntris. "Our investment in phase change material technology allows us to solve that challenge with a passive, highly efficient thermal solution that can be engineered and manufactured at scale. This is another example of Lyntris investing in differentiated technologies that address immediate customer needs and enable critical warfighter missions." Lyntris expects to apply the capability first to seeker and sensor programs, and is in discussions with defense prime contractors and program offices on additional applications. About Lyntris Lyntris is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers detect threats earlier, decide faster and act with precision in contested, multi-domain 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 timing, availability and capacity of Lyntris' phase change material manufacturing line; the anticipated performance, qualification and applications of Lyntris' phase change thermal hardware; the ability of phase change materials to solve challenges in next-generation defense systems expected production volumes and manufacturing timelines; the outcome and timing of ongoing discussions with defense prime contractors and program offices; anticipated customer demand for passive thermal management technologies; 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: Lyntris' investment in phase change material manufacturing capability may not result in customer orders, program awards or revenue in any particular amount or timeframe; ongoing customer discussions may not result in contracts; Lyntris' dependence on U.S. government defense budgets and appropriations; risks associated with performance on fixed-price or cost-type government contracts; the competitive environment for thermal management and precision manufacturing technologies; the ability to qualify new manufacturing processes to customer and program requirements; supply chain disruptions or constraints on specialized materials and components; Lyntris' ability to scale production to meet customer demand; our ability to protect and enforce proprietary technology and intellectual property rights; the inherent uncertainties in complex 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