South Korean defense contractor LIG Nex1 is teaming up with Texas-based Electroninks to develop advanced materials for military applications, marking its latest push into the US market.
The partnership focuses on creating next-generation components using Electroninks’ metal organic decomposition technology, which produces conductive inks with precious metals like gold and platinum. These materials could help reduce the weight and cost of LIG Nex1’s defense products.
The deal follows LIG Nex1’s recent acquisition of a majority stake in US-based Ghost Robotics and its successful testing of guided rockets by the US Department of Defense. The company has been actively expanding its American presence as it seeks to boost exports.
Austin-based Electroninks specializes in particle-free conductive inks used in semiconductors and electromagnetic shielding. The company claims its technology requires less material than traditional methods while maintaining performance standards.
CEO Shin Ik-hyun said the collaboration would enhance South Korea’s defense capabilities, while Electroninks’ president Melbs LeMieux indicated the partnership could help the US company establish a foothold in the Korean market.
The financial terms of the agreement were not disclosed.
