Syfy is not going forward with Krypton Season 3, and Lobo will not be happening at the cable channel.
Photos from the Krypton Season 2 finale "The Alpha and the Omega" featuring Shaun Sipos as Adam Strange
Preview images for the Krypton episode "Blood Moon" airing August 7 on Syfy
Preview images and spoilers for the Krypton episode "Zods and Monsters"
Official description and preview images for the Krypton TV series episode "In Zod We Trust"
Preview images for the Krypton episode "A Better Yesterday"
Preview images for the Krypton episode "Danger Close" airing July 3 on Syfy
Preview images for the Krypton Season 2 TV series episode "Will To Power"
With Lobo possibly joining Krypton on Syfy, the network may need to invest more time for DC TV on their channel.
Official Syfy description with spoilers for the Krypton episode "Danger Close"