DAISHIN SECURITIES said on the 23rd that LIG Nex1 holds core technologies across advanced weapons, putting it in a favorable position to expand into drone and counter-drone systems. It maintained a target price of 5.7 million won and a "buy" rating.
Lee Tae-hwan of DAISHIN SECURITIES said, "On top of its excellent missile technology and experience building a kill chain (target detection-identification-elimination), it is expected to be capable of producing highly competitive attack drones," adding, "Based on radar, electro-optical/infrared (EO/IR) sensors, and electronic attack (jamming), it can establish a seamless counter-drone (C-UAS) system."
He added, "The reconnaissance-strike combined drone (MPD) developed by LIG Nex1 is designed in a vertical takeoff and landing fixed-wing configuration, and it can switch to a strike mission upon target detection while performing reconnaissance in peacetime," and "In addition, participation is expected in various areas, including development of the KCD-40 hybrid transport drone with a 40 kg payload and a low-altitude small unmanned aerial vehicle response system."
The researcher noted that it is also necessary to pay attention to LIG Nex1's development of unmanned systems in land and maritime environments. He said, "The 'Vision 60,' produced through its subsidiary Ghost Robotics, is a quadruped robot with fully modularized components that make mission switching and repairs easy, and battery efficiency has been enhanced through a vision system switch," adding, "It has also developed 'Haegom,' a next-generation unmanned surface vessel with excellent search performance and offensive capability at sea."