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LIGNEX1 office building (photo = LIGNEX1) |
[Alpha Biz= Reporter Kim Jisun] On July 29, LIG Nex1 announced that it, together with Korea Investment Private Equity (Korea Investment PE), has acquired a 60% stake in Ghost Robotics. LIG Nex1 established a special purpose acquisition company, LNGR LLC, to facilitate the acquisition of Ghost Robotics. Of the total equity valued at approximately 5.54 trillion won, LIG Nex1 has secured a 60% stake, amounting to around 3.32 trillion won.
Founded in Philadelphia in 2015, Ghost Robotics is renowned globally for its cutting-edge technology. Its flagship product, the "Vision60," boasts extended battery life and can move adeptly over uneven terrain such as gravel and hills, as well as in water.
LIG Nex1 plans to establish a collaboration center in Washington, DC, by the end of the year as part of its strategy to enter both domestic and international robotics markets.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
