LIG Nex1

LIG Nex1 invited Colombian veterans of the Korean War and expressed gratitude for their dedication on the sidelines of Colombiamar 2025, an international naval defense conference held at the Cartagena convention center. The event took place at the OSH Hotel in Cartagena on March 13 (local time) to honor Colombian veterans of the Korean War and their families. It was attended by Lee Wang-keun, South Korean Ambassador to Colombia, and Lee Hyun-soo, head of LIG Nex1s overseas business. Colombia is the only Latin American country that fought in the Korean War, and Cartagena, the event venue, is a historic place where destroyers carrying ground troops departed for the Korean Peninsula. LIG Nex1s special relationship with Colombia dates back to 2011, when it opened a liaison office before any other Korean defense company and then exported the C-Star ship-to-ship guided missile in 2012. Apart from this event to honor Colombian veterans of the Korean War, LIG Nex1 has continued to support activities in Colombia by contributing to the Association of Colombian Veterans of the Korean War and the Navy Wives Club of Colombia, making donations to the Korea-Colombia Amity Rehabilitation Center, and cooperating with local academies on defense issues.

LIG Nex1 (CEO/President Shin Ick-hyun) will participate in Colombiamar 2025, an international naval defense conference held at the Cartagena convention center from March 12 to 14 in Colombia. Colombiamar is a biennial conference and exhibition hosted by the Colombian Navy and Colombias state-owned shipbuilder, Cotecmar, to foster technological and informational exchanges for the advancement of the shipbuilding and defense industries. Through this conference, LIG Nex1 plans to introduce maritime weapons such as the C-Star (ship-to-ship guided missile) and the Blue Shark(lightweight torpedo) and pursue co-promotion with HD Heavy Industries to expand its presence in the Latin American market. Furthermore, it will organize a special event by inviting Colombian veterans of the Korean War and their families ato the exhibition and presenting them with gifts. Latin America has been a strategic export region for LIG Nex1 since it opened a liaison office in 2011 and started participating in Expodefensa, an international exhibition for the defense and security industries of Colombia, from 2012. As such, LIG Nex1 has continued export promotions to local acquisition officials. LIG Nex1 plans to use this conference as an opportunity to align with Latin American countries, including Colombia, in modernizing their forces and to lead the global advancement of K-Defense.

LIG Nex1 (CEO/President Shin Ick-hyun) visited the West Sea Protection Hall at the Republic of Korea Navys 2nd Fleet in Pyeongtaek on March 11, ahead of West Sea Protection Day (the fourth Friday of March every year), for a memorial event attended by around 70 executives and employees, including new recruits. On this day, LIG Nex1 executives and employees honored the soldiers who gave their lives in defending the sea of Korea, and reaffirmed their commitment as members of a defense company contributing to self-reliant national defense by developing cutting-edge weapons systems. West Sea Protection Day was established to honor those who died defending the country during the Second Battle of Yeonpyeong in 2002, the sinking of the Cheonan warship in 2010, and the shelling of Yeonpyeong Island in 2010.

LIG Nex1 (CEO/President Shin Ick-hyun) was recognized by the Korean Exchange as an Outstanding Disclosure Corporation in the listed market. It is a recognition awarded every year to listed companies that have established a systematic disclosure management system and actively communicated with investors. LIG Nex1 was selected as an Outstanding Disclosure Corporation for its leadership in enhancing shareholder value and promoting open communication with investors by delivering disclosure-required information timely and accurately, based on a strong understanding of disclosure rules and its commitment to upholding them. Outstanding Disclosure Corporations are selected by the Korea Exchange based on a comprehensive evaluation, which includes a quantitative evaluation that considers voluntary and fair disclosures and a qualitative evaluation that focuses on disclosure infrastructure, investor relations, transparent governance, etc. The winners receive benefits such as a five-year reprieve from being designated as an unfaithful disclosure corporation and exemption from annual training. LIG Nex1 was selected as an Outstanding Disclosure Corporation for corporate governance reporting in 2022. This years recognition as an Outstanding Disclosure Corporation on the exchange is a testament to its transparent management and faithful observation of disclosure duties.

LIG Nex1 will participate in DSK 2025, held over three days starting on the 26th at BEXCO in Busan, where it will showcase a comprehensive solution covering all aspects of drone technology, which is drawing attention as a game-changer in future battlefields. At this exhibition, LIG Nex1 will showcase various technologies, including the small unmanned aerial vehicle response system (Block-I) for countering drones; small reconnaissance and strike hybrid drones; a hybrid transport drone system with a payload capacity of 40kg, multipurpose unmanned helicopters (MPUH); and a comprehensive aviation electronic system specialized for advanced aircraft vehicles (AAVs) for future urban air mobility (UAM). LIG Nex1 plans to highlight its advanced technologies in surveillance reconnaissance, strike capabilities, and transport solutions for countering drones, while contributing to the development of advanced scientific and technological forces based on manned and unmanned hybrid systems. LIG Nex1s small unmanned aerial vehicle response system (Block-I) is a Korean-style jammer (K-Jammer) of the soft-kill type that can detect small unmanned aerial vehicles, receive trajectory information, and emit jamming signals to deviate their paths or induce crashes. Its development, in collaboration with the Defense Acquisition Program Administration (DAPA), has been underway since 2022, and, once completed, it is expected to serve as electronic warfare equipment capable of preventing North Korean drones and unmanned aerial vehicles from entering front-line airspace. In addition, LIG Nex1, partnering with LIG System, will introduce for the first time an automatic air defense system tracking technology that processes real-time data received from multiple long-range radars. They will also showcase a smart day-and-night surveillance and reconnaissance drone system capable of object detection and tracking management using video data captured day and night through an AI analysis model powered by domestically produced AI semiconductors.

At IDEX 2025, held in Abu Dhabi, the United Arab Emirates (UAE), Mohamed bin Zayed Al Nahyan, the President of UAE, visited the LIG Nex1 booth. LIG Chairman Koo Bon-sang, leading the event on-site, showcased the long-range surface-to-air missile (L-SAM) to the President and explained the K-Air Defense Network, a multi-layered defense integrated solution that covers altitudes ranging from low to ultra-high. An LIG Nex1 official noted, The ability to provide weapons systems that perform at the same level as those used by the Republic of Koreas military is a key factor for purchasing countries adding, We will do our best in the one team spirit, collaborating with the government and industry leaders.

LIG Nex1 strengthens its ties with the United Arab Emirates (UAE) through a Memorandum of Understanding (MoU) focused on the quality control of military supplies. LIG Nex1 (CEO/President Shin Ick-hyun) announced the signing of an MoU for strategic partnership with Tawazuns quality inspection agency, Tawazun Quality and Conformity (TQC), to enhance the quality control and certification capabilities of military supplies, at the International Defense Exhibition and Conference (IDEX) 2025, held in Abu Dhabi, UAE, on the 18th (local time). Tawazun is the defense procurement agency of UAE, responsible for the procurement of defense materials, and TQC, under its umbrella, corresponds to Koreas Defense Agency for Technology and Quality (DTaQ). Relevant parties from both organizations, including Lee Hyun-soo, head of overseas business at LIG Nex1, and Khalid Mohamed Al Kaabi, CEO of TQC, attended the MoU signing ceremony.

LIG Nex1 heads to Jakarta, Indonesia, for a week from the 19th to the 26th of this month, in collaboration with the Korean Red Cross (Gyeongnam Province Division) and Kyungnam University students, volunteering to improve the local education environment. Around 40 Kyungnam University students will visit local schools and underdeveloped areas to participate in various activities involving education, cultural exchange, a sports day, friendship gift boxes (stationery), and climate crisis awareness. They will meet local students and build connections with them. In addition, they will participate in natural disaster prevention activities by helping with the installation of biopori (underground holes for managing organic waste) and tree planting.

To build eco-friendly RD facilities that will serve as a workspace for its growing number of RD personnel To enhance RD capabilities for cutting-edge technology through synergy with tech companies and partners in Pangyo LIG Nex1 has opened its 2nd Pangyo House, specializing in the development of future technologies for both defense and civil markets. The opening ceremony, held on the 16th (Thursday), was attended by key executives and employees, including Koo Bon-sang, Chairman of LIG, and Shin Ick-hyun, CEO/President of LIG Nex1. The 2nd Pangyo House is a facility equipped with state-of-the-art RD and testing equipment, covering a total area of 57,210 square meters (about 17,000 pyeong). It also features meeting rooms and seminar spaces designed to facilitate business and technology exchanges. LIG Nex1 plans to utilize the 2nd Pangyo House as a workspace for its growing number of RD personnel, operating it alongside its existing facilities in Pangyo and Yongin to establish an eco-friendly RD center. LIG Nex1 is expected to significantly enhance its RD capabilities through the convergence of business sectors in both defense and civil markets, based on this new RD center, alongside its sites in Gumi, Yongin, Pangyo, and Daejeon. The 2nd Pangyo House is in close proximity to tech companies and partners located in Pangyo Techno Valley, enabling synergy and technological innovation across various fields. LIG Nex1 is an RD-centered company, with a total of 4,751 employees, 2,787 of whom work in research and development, accounting for about 60% of the workforce, as of the third quarter of 2024. Under the belief, RD capabilities determine the success or failure of a company, LIG Nex1 has spared no investment in recruiting core talent. As a result, the total number of executives and employees has increased by around 45%, compared to 3,270 at the end of 2021. With LIG Nex1 now experiencing a stable flow of orders in future sectors such as guided munitions, surveillance reconnaissance, space, unmanned warfare, and cybersecurity, the inauguration of the 2nd Pangyo House is expected to help the company effectively meet RD demands from home and abroad and efficiently allocate its growing workforce, serving as a springboard to strengthen its foundation for sustainable development.

LIG Nex1 announced on January 6 that it held a patriotic ceremony at Seoul National Cemetery to mark the arrival of 2025, the Year of Eulsa. The ceremony was attended by LIG Chairman Koo Bon-sang and key executives and employees from subsidiaries such as LIG Co. Limited, LIG Nex1, LIG System, HUSECO, and Innowireless. In the guestbook, LIG Chairman Koo wrote, I always carry the words, Republic of Korea, in my heart. I will live up to the dedication of the patriots. LIG Nex1 began holding annual ceremonies at the cemetery to mark the start of a year in 2004, when the company partnered with Seoul National Cemetery. Since then, it has become a patriotic event that represents the company. In 2010, LIG Nex1 became the first domestic defense company to establish a sister relationship with Seoul National Cemetery for the 30th Grave Area, engaging in various patriotic activities such as cleaning the grave area and holding launch ceremonies. Furthermore, LIG Nex1 strives to fulfill its social responsibility as a defense company by supporting initiatives such as the One Company, One Military Unit, the West Sea Protection Day event, and the Parents Day event for fallen soldiers, and by donating to military scholarship foundations.

To develop next-generation communication equipment that drives hyper-connectivity, hyper-intelligence, and networking To develop modular communication devices optimized for future warfare, including warrior platforms and drone-bots LIG Nex1 will spearhead the development of next-generation communication equipment optimized for future warfare, such as warrior platforms, drone-bot battle systems, and Army Tiger 4.0 programs, for the Republic of Korea Army (RoKA). LIG Nex1 announced that it has signed an agreement with the Defense Rapid Acquisition Technology Research Institution (DRATRI) (Director Byon Yong-kwan) to develop Mobile Ad-hoc NETworking (MANET) systems for brigade-level and below. The project, worth 15.3 billion won, will be completed by 2027. Key to the MANET project is a communication system that is autonomously configured by wireless terminals in an environment without network infrastructure. The project aims to develop a modular communication device that transmits field information from unmanned systems, such as drones, as well as combatants and vehicles, to the brigade command post via the communication device terminal, enabling the commander to make informed decisions. Under the contract, LIG ​​Nex1 will develop three types of communication equipment: a drone communication device for surveillance reconnaissance drones, a portable communication device for combatants, and a vehicle communication device for mounting on vehicles. Each piece of equipment will be modular, enabling it to be applied to various unmanned systems. The brigade-level and below MANET communication system will be developed within two years as part of a rapid pilot project overseen by DRATRI. The system will undergo a six- month performance verification test at the Army Tiger 4.0 site before the final prototype is delivered to the military. The development and verification timelines are significantly shorter than those of traditional weapons systems, which will contribute to the timely deployment of this military equipment. As the advancement and sophistication of weapon systems based on hyper-connectivity, hyper-intelligence, and networking rapidly progress, the swift development of next-generation communication solutions to support this trend is emerging as a national priority. LIG Nex1 will spearhead the development of next-generation communication systems and contribute to future military power by leveraging its technological prowess and knowhow accumulated while developing the Tactical Multiband Multirole Radio (TMMR), a next-generation digital radio, as well as command control and surveillance reconnaissance solutions.