LIG Nex1 Acquires 60% Stake in Ghost Robotics
July 29, 2024
South Korea’s LIG Nex1 has acquired a 60% control stake in Philadelphia-based Ghost Robotics for $240 million, valuing the company at $400 million. The strategic investment will pair LIG Nex1’s defense technology and manufacturing capabilities with Ghost Robotics’ quadrupedal unmanned ground vehicle (Q-UGV) technology to accelerate product scaling and expand defense and industrial applications.
- Buyers
- LIG Nex1
- Targets
- Ghost Robotics
- Industry
- Aerospace & Defense
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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