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LIG Nex1 has confirmed that the planned US IPO of its robotics subsidiary Ghost Robotics is on track for 2029, dismissing recent speculation of delays due to short-term earnings uncertainty. Ghost Robotics, acquired in 2024 for 332 billion won, primarily serves US defense agencies and has contracts with the US Air Force.

Despite a reported breakeven timeline shift and operating losses of 42 billion won last year, analysts expect the company to reach breakeven this year with $50 million in revenue and profitability by 2027. The firm is also exploring export opportunities in the Middle East and has secured a contract for over 100 units with an Asian government.