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
Location
Pennsylvania, United States
Transaction Type
Buyout

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