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LIG Nex1 can have a controlling stake in Ghost Robotics
PHILADELPHIA and SEOUL, South Korea, July 29, 2024 /PRNewswire/ — Ghost Robotics, a well-known innovator in legged robotics, and LIG Nex1, a premier South Korean protection era corporate, are happy to announce the near of a strategic partnership thru LIG Nex1’s control-stake acquisition of Ghost Robotics. LIG Nex1 has received a 60% control-stake in Ghost Robotics for $240 million USD, valuing the corporate at $400 million USD.
This partnership marks a vital milestone for each firms as they mix their experience and sources to move the garden of self sufficient robot answers. The purchase will permit Ghost Robotics to leverage LIG Nex1’s intensive revel in and functions in protection era and production to additional boost up scaling.
“We are thrilled to partner with LIG Nex1 and embark on this exciting new chapter for Ghost Robotics,” stated Gavin Kenneally, PhD, Co-founder & CEO of Ghost Robotics. “Their investment and strategic guidance will accelerate our growth and enhance our ability to deliver groundbreaking robotic solutions to a wider range of industries and applications.”
LIG Nex1’s CEO, Shin IckHyun, echoed the passion, mentioning, “Our acquisition of a majority stake in Ghost Robotics aligns perfectly with our vision to lead the future of defense and security technology.” He added, “We expect this acquisition will serve as momentum for both companies to grow together based on our leading-edge technological capabilities and close cooperation.”
This bias acquisition will foster innovation and pressure the advance of next-generation robot programs for each commercial and protection markets. Via combining their strengths, Ghost Robotics and LIG Nex1 are well-positioned to supremacy the trade in handing over powerful, flexible, and significance robot answers.
About Ghost Robotics
Based in 2015, Philadelphia-based Ghost Robotics develops Quadrupedal Unmanned Garden Automobiles, or Q-UGV® for cut. Ghost’s Q-UGVs no longer most effective lead unstructured park effectively however are constructed for tough consumers in tough environments. Their robots have a park in a extensive space of presidency and undertaking programs the place cell robots with 4 legs have inherent benefits over wheels, tracks or even bipedal programs. To be told extra about Ghost Robotics, seek advice from www.ghostrobotics.io.
About LIG Nex1
LIG Nex1 is a well-known protection era corporate founded in South Korea, focusing on complex weapon programs, electronics, and communique answers. With a constancy to innovation and excellence, LIG Nex1 is devoted to offering world-class protection and safety applied sciences.
For more info, please touch:
Ghost Robotics Advertising and marketing and Communications
E mail: [email protected]
Web page: www.ghostrobotics.io
LIG Nex1 Folk Members of the family Area
E mail: [email protected]
Web page: www.lignex1.com
SOURCE Ghost Robotics
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