German drone maker Quantum Systems gained an early foothold in the United States with help from CIA-linked investor In-Q-Tel (IQT), its co-CEO said, highlighting how U.S. capital and networks continue to shape Europe's emerging defence companies.
The German drone builder benefited from US investor In-Q-Tel's entry into the US market. The case shows the growing importance of US capital for Europe's defence industry.
The investor IQT, founded by intelligence staff, paved the way for drone manufacturer Quantum to the CIA and FBI. IQT now wants to invest more in Germany. This is not a good thing in politics everywhere.