Trending...
- Ryan J. Murphy Named as 2026 Irish Legal 100 Honoree
- Tek84 Unveils New Brand Identity Built to Magnify What Security Officers Can Do
- Gahl Sasson Releases "Agents of Chaos & Angels of Change: The Astrology of 2027
~ In a major development for the field of legged robotics, Ghost Robotics and LIG Nex1 have announced a strategic partnership through LIG Nex1's acquisition of a control-stake in Ghost Robotics. The South Korean defense technology company has acquired a 60% stake in Ghost Robotics for $240 million USD, valuing the company at $400 million USD.
This partnership marks a significant milestone for both companies as they join forces to advance the field of autonomous robotic solutions. By combining their expertise and resources, Ghost Robotics and LIG Nex1 aim to drive innovation and accelerate the development of next-generation robotic systems.
According to Gavin Kenneally, PhD, Co-founder & CEO of Ghost Robotics, this partnership is an exciting new chapter for the company. He expressed his enthusiasm for the collaboration with LIG Nex1, stating that their investment and strategic guidance will help Ghost Robotics grow and deliver groundbreaking robotic solutions to various industries and applications.
More on The PennZone
LIG Nex1's CEO, Shin IckHyun, also shared his excitement about the acquisition. He believes that this move aligns perfectly with their vision to lead the future of defense and security technology. He added that he expects this partnership to serve as momentum for both companies to grow together based on their technological capabilities and close cooperation.
The acquisition will allow Ghost Robotics to leverage LIG Nex1's extensive experience and capabilities in defense technology and manufacturing. This will further accelerate scaling for Ghost Robotics as they work towards delivering robust, versatile, and reliable robotic solutions.
With this partial acquisition, both companies are well-positioned to lead the industry in developing advanced robotic systems for industrial and defense markets. This partnership is expected to foster innovation and drive progress in the field of legged robotics.
This partnership marks a significant milestone for both companies as they join forces to advance the field of autonomous robotic solutions. By combining their expertise and resources, Ghost Robotics and LIG Nex1 aim to drive innovation and accelerate the development of next-generation robotic systems.
According to Gavin Kenneally, PhD, Co-founder & CEO of Ghost Robotics, this partnership is an exciting new chapter for the company. He expressed his enthusiasm for the collaboration with LIG Nex1, stating that their investment and strategic guidance will help Ghost Robotics grow and deliver groundbreaking robotic solutions to various industries and applications.
More on The PennZone
- WebDrafter Welcomes Dreamwork Exteriors as a New Marketing Client
- Glenn Lyvers Wins 2nd Place in Arizona State Poetry Society 2026 Annual Contest
- Access Control Security Shares 5 Ways Retailers Can Prevent Holiday Theft
- Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
- Extreme Lead Program Highlights $27 Real Human Traffic Test for Affiliate and Network Marketers
LIG Nex1's CEO, Shin IckHyun, also shared his excitement about the acquisition. He believes that this move aligns perfectly with their vision to lead the future of defense and security technology. He added that he expects this partnership to serve as momentum for both companies to grow together based on their technological capabilities and close cooperation.
The acquisition will allow Ghost Robotics to leverage LIG Nex1's extensive experience and capabilities in defense technology and manufacturing. This will further accelerate scaling for Ghost Robotics as they work towards delivering robust, versatile, and reliable robotic solutions.
With this partial acquisition, both companies are well-positioned to lead the industry in developing advanced robotic systems for industrial and defense markets. This partnership is expected to foster innovation and drive progress in the field of legged robotics.
0 Comments
Latest on The PennZone
- One Night. One Encounter. A New Season Of Purpose
- "BROOKLYN, BROOKLYN, BROOKLYN" children's book and official YouTube channel launch on October 27th
- Expanding Into Medically Supervised Wellness With Major Apollo Wellness Centers Announcement; Sibannac, Inc. (Stock Symbol: SNNC)
- Nextlink Internet Deploys netElastic to Modernize Its Hybrid Broadband Network
- Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
- EMBER™ Unveils the Workplace Identity Score™ (WIS™), the First Standard for Measuring Workplace Impact on Workforce Performance & Business Growth
- With Oil Prices Surging…Sky Quarry's Nevada Refinery Is Back in Action — CEO Highlights a Powerful New Growth Chapter for (N A S D A Q: SKYQ)
- Preston Dermatology & Skin Surgery Center and Dr. Sheel Desai Solomon Win Gold in Raleigh's Best Awards for Second Consecutive Year
- We are Talker Study: 64% of AI Users Have Bought From a Brand AI Introduced, as The Invisible Shortlist Reshapes Brand Discovery
- One in three Americans may have lost track of retirement savings from a previous job
- Political Concerns Drive US Investors to Golden Visas
- The Truth Makers: The Quantum Lie Turns a Presidential Bribery Video Into a Crisis of Reality
- 2027 Health Insurance Open Enrollment
- Ryan J. Murphy Named as 2026 Irish Legal 100 Honoree
- Gahl Sasson Releases "Agents of Chaos & Angels of Change: The Astrology of 2027
- Joe "LIL Snuff" Perri Takes Center Stage as SMACK Fighting Championships 2 Returns to Philly
- Tek84 Unveils New Brand Identity Built to Magnify What Security Officers Can Do
- CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series
- Mr Hospital Bed Cites Hill Rom Hospital Bed Models Best Value Home Care Hospital Beds 2026
- Dr. Lynn Peterson Releases Food: The Final Frontier on Food and Chronic Disease