IPO

2 articles

Featured

Lyntris's $1.78 Billion Debut Sets a Harder Defense-Tech Price

Lyntris priced below range, cut its IPO by seven million shares and fell 11.4% on debut. Public investors now want GAAP profit, lower leverage and core growth from defense tech, while private capital still entertains an Anduril valuation near $100 billion.

Aug 19, 2026 · 10 min read

EuropePro

Germany takes 40% of KNDS, betting the state should own Europe's tank champion

Berlin will take 40% of the Leopard 2 maker KNDS, matching France and clearing a €15-18 billion IPO. The deal shows Europe paying for rearmament two ways at once: the state buying back legacy primes, and venture capital flooding the startups.

Jun 22, 2026