The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe

LIG Nex1 takes controlling shares of Ghost Robotics for $240M

By Mike Oitzman | July 29, 2024

image of a ghost robotics quadruped in tall grass.

LIG Nex1 has acquired the maker of the Vision 60 Q-UGV quadruped robot. | Credit: Ghost Robotics

LIG Nex1 Co., a South Korean defense technology company, has taken a controlling 60% share in Ghost Robotics Corp., which is now valued at $400 million. The companies said the transaction will enable Ghost Robotics to use LIG Nex1’s experience and manufacturing capabilities to accelerate its growth.

“[LIG Nex1’s] investment and strategic guidance will accelerate our growth and enhance our ability to deliver groundbreaking robotic solutions to a wider range of industries and applications,” stated Gavin Kenneally, Ph.D., co-founder and CEO of Ghost Robotics.


SITE AD for the 2026 RoboBusiness call for speakersRegister now and save on your pass to RoboBusiness 2026

LIG Nex1 follows through on acquisition plan

Seoul, South Korea-based LIG Nex1 indicated its intention to acquire ghost Robotics in December 2023. Today’s announcement marks the end of a strategic partnership between it and Philadelphia-based Ghost Robotics. 

“Our acquisition of a majority stake in Ghost Robotics aligns perfectly with our vision to lead the future of defense and security technology,” noted Shin IckHyun, CEO of LIG Nex1. “We expect this acquisition will serve as momentum for both companies to grow together based on our leading-edge technological capabilities and close cooperation.”

The company said it specializes in advanced weapon systems, electronics, and communications systems.

Ghost Robotics to widen Q-UGVs applications

Founded in 2015, Ghost Robotics has developed quadrupedal uncrewed ground vehicles, or Q-UGVs. The company claimed that such systems offer advantages in government and enterprise applications where wheels, tracks, and even bipedal systems may not be suitable.

Ghost Robotics is one of the few quadruped manufacturers worldwide that have embraced deployments of such systems into unmanned combat applications. The acquisition fits right into LIG Nex1’s roadmap and is a natural extension of its current development.

In 2022, Boston Dynamics filed a patent-infringement lawsuit against Ghost Robotics for its design. Hyundai Motor Corp.-owned Boston Dynamics is one of six robotics companies that signed a pledge not to weaponize their systems.

Ghost Robotics and LIG Nex1 said their deal will help them develop robots for both industrial and defense markets. By combining their strengths, the companies said they are “well-positioned to lead the industry in delivering robust, versatile, and reliable robotic solutions.”

About The Author

Mike Oitzman

Mike Oitzman is a robotics industry veteran and Senior Editor of WTWH Media’s Robotics Group, covering automation for The Robot Report and co-hosting its podcast. With 25+ years of experience, including leadership roles at Adept Technology, Mike founded the Mobile Robot Guide (acquired by WTWH). He is a leading expert on Autonomous Mobile Robots (AMRs), physical AI, and RaaS business models, holding a Systems Engineering degree and an MBA. He can be reached at [email protected].

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

FORT Robotics says it is building the trust layer for physical AI.
FORT Robotics to take safety stack public via SPAC merger
Neros Archer is a FPV drone built for modular payloads and resilient communications.
Neros Technologies raises $250M to deploy its defense drones by the end of 2026
The ARM Institute has issued Project Call 27-01 for defense-related manufacturing technology projects.
ARM Institute calls for defense manufacturing technology projects
hero image of a MILCOTS platform, armored cab vehicle.
Strengthening U.S. Army sustainment: TALUS to deliver autonomous distribution

RBR50 Innovation Awards

“2026”
“rr
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Robotics Professionals.

Latest Episode of The Robot Report Podcast

Automated Warehouse Research Reports

Sponsored Content

  • The 370-billion-dollar race: How integrated design can help humanoid manufacturers succeed in a rapidly growing market
  • humanoid robot sorts parts. 5 Physical AI infrastructure platforms shaping robotics in 2026
  • How integrated actuators improve humanoid robot joint performance and system integration
  • Boston Dynamics will discuss human-machine interaction for humanoid robots in a webinar. Boston Dynamics to discuss the art behind human-robot interaction
  • In robotics, ruggedization is no longer optional
More Sponsored Content >
The Robot Report
  • Automated Warehouse
  • RoboBusiness
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Contact Us

Copyright © 2026 Arrowfly LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Arrowfly
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Business
    • Financial
      • Investments
      • Mergers & Acquisitions
      • Earnings
    • Markets
      • Agriculture
      • Healthcare
      • Logistics
      • Manufacturing
      • Mining
      • Security
    • RBR50
      • RBR50 Winners 2025
      • RBR50 Winners 2024
      • RBR50 Winners 2023
      • RBR50 Winners 2022
      • RBR50 Winners 2021
  • Resources
    • Automated Warehouse Research Reports
    • Digital Issues
    • eBooks
    • Publications
      • Automated Warehouse
      • Collaborative Robotics Trends
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
  • Advertise
  • Subscribe