South Korea's major defense maker LIG Nex1 Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to cooperate with exports to the Middle Eastern countries during the World Defense Show (WDS) 2024, held in Saudi Arabia on Feb. 5.
The VISION 60 quadruped robot (Screenshot captured from Ghost Robotics' website) LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot developer, for $240 million to advance into the US defense industry, the
South Korea's LIG Nex1 Co. announced on Friday that it completed a system assembly test facility dedicated to unmanned surface vehicles (USV) in Gumi, North Gyeongsang Province. The test facility was built with LIG Nex1's own funds. It has a total floor area of 1000㎡ and a water storage capac
South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition with domestic cloud company Megazone Cloud and Amazon Web Service (AWS) Korea. Through the latest agreement, the three companies will collaborate on
The 6,800-ton servo press of Hyundai Rotem Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstration event of its next-generation servo press with a capacity of 6,800 tons for domestic and internationa
Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, said on Friday that it had won a major contract in Australia alongside local railway company Downer as part of the Queensland Train Manufacturing Program (QTMP).The project, valued at 1.22 trillion won ($917 million)