LIG Nex1 is a South Korean aerospace manufacturer and defense company, which is part of LIG Corp. It was formerly known as NEX1 Future and before that, as LG Innotek. It was established in 1976 as Goldstar Precision.LIG Nex1 is wholly owned by LIG Holdings Company, which in turn is owned by the LIG Group. The LIG Group is owned by the LG family group, who also owns LG Group, GS Group and LS Group., one of South Korea's largest conglomerates.