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Wave Electro signed a supply contract worth 10.834 billion won with LIG Nex1 for the third mass-production phase of the Hyeongung project, equal to 22.54% of its revenue, running until January 3, 2024.
Pustech signed a supply contract worth KRW 33.651 billion with LIG Nex1 for Cheolmae-II performance-upgrade actuator assemblies, running until November 30, 2022.
WaveElectro agreed a contract with LIG Nex1 worth about KRW 661 million for initial mass production of the Hyungung product, disclosed on 10 January 2017.