LIG Nex1 completed the acquisition of a 60% stake in Ghost Robotics for $240m.

LIG Nex1, a South Korean weapons system developer, completed the acquisition of a 60% stake in Ghost Robotics, a Philadelphia-based robot developer, for $240m. This partnership marks a significant milestone for both companies as they combine their expertise and resources to advance the field of autonomous robotic solutions. The acquisition will enable Ghost Robotics to leverage LIG Nex1's extensive experience and capabilities in defense technology and manufacturing to further accelerate scaling.