Korea’s LIG Nex1 Invests in Drone Sensor Company

By The Editor South Korean aerospace and defense firm LIG Nex1 has acquired a 20 percent stake in Microinfinity, a domestic firm that makes navigation sensor chips for unmanned aerial vehicles. According to LIG Nex1’s business report, it converted loans made to Microinfinity into 5 million shares worth 2.5 billion won ($2 million),

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