Search results for LIG Defense
AI & Enterprise
Nearthlab partners with LIG D&A to expand interceptor drone business
Drone AI company Nearthlab said on Tuesday it signed a memorandum of understanding with defense company LIG Defense & Aerospace (LIG D&A) to build a cooperation framework in the interceptor drone business. The agreement aims to combine Nearthlab\'s AI software and autonomous flight-based interceptor drone technology with LIG D&A\'s integrated air defense system integration capabilities. The companies plan to advance cooperation on hard-kill close defense systems and interceptor drone variants.
AI & Enterprise
Ditonic to work with LIG D&A on software-defined defense technology
AI platform company Ditonic said on June 1 it will work with defense company LIG D&A to build an AI-based software-defined defense operating environment. The companies will apply Ditonic’s AI OS technology to LIG D&A’s defense-domain expertise, focusing on combat management systems and broader C5I systems. Ditonic said its D.Hub platform will serve as LIG D&A’s L-NODE engine, supporting cloud-native operational continuity in an air-gapped environment.
Finance
Woori Bank to inject 3 trillion won in productive finance into Korean defence industry
Woori Bank said on Wednesday it signed an agreement with LIG Defense & Aerospace to support productive finance aimed at fostering South Korea\'s defence industry. Under the deal, Woori Bank plans to supply 3 trillion won in financing over the next five years and expand support to advanced strategic industries. Funding will cover facility investment, export finance, overseas project-linked finance and cooperation finance.