German dual-use drone maker becomes unicorn amid defence tech boom

German dual-use drone maker becomes unicorn amid defence tech boom

German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn.   Quantum Systems builds electric, AI-powered autonomous surveillance drones that are dual-use, meaning they can serve both military and civil purposes.   Defence forces can use the unmanned aerial vehicles (UAVs) to spy on enemies and gather intel. The drones can also be used by farmers to inspect their crops, by ene…

A German drone manufacturer with assets in Ukraine raises €160M and becomes a unicorn.

Autonomous UAV manufacturer Quantum Systems from Germany has secured €160M in Series C funding, led by the British venture capital firm Balderton Capital. The funds will be used for researching and developing unmanned AI systems, expanding production, and increasing its presence in Europe, America, and the Asia-Pacific region. Quantum Systems produces dual-purpose reconnaissance UAVs utilized in the defense sector, agriculture, mining, and infra…

Quantum Systems Raises €160M to Accelerate Global Growth in AI-Powered Drone Intelligence

Funding to Boost Production, Expand Internationally, and Advance Autonomous Aerial Systems for Defense and Industry Quantum Systems Secures Major Investment to Scale Aerial Intelligence Solutions Quantum Systems, a Germany-based developer of AI-powered drone platforms, has raised €160 million to expand global operations and scale production. The Series C funding round was led by Balderton Capital, […] The post Quantum Systems Raises €160M to Acc…

Quantum Systems GmbH, leader of the European market for pilotless aerial intelligence solutions, announced that the Spanish Armed Forces have purchased two systems other than the innovative family of systems, Vector and Twister. Thanks to this dual purchase, the Spanish Armed Forces have become the first customers to adopt the full spectrum intelligence, surveillance and reconnaissance (ISR) capabilities offered by Quantum Systems. In particular…

Quantum to deliver reconnaissance systems to Spain

Quantum Systems to deliver two different systems from the “cuttingedge” Family of Systems - Vector and Twister for the Spanish Armed Forces.

Quantum Systems to supply drones for the Spanish Army's reconnaissance operations

Germany-based Quantum Systems, an aerial data intelligence company, has announced that the Spanish Armed Forces have procured two systems from its Family of Systems—Vector and Twister. This marks the first time a customer has adopted the full range of Quantum Systems’ Intelligence, Surveillance, and Reconnaissance (ISR) capabilities. The deal! The Spanish Armed Forces have entered into a framework agreement with Quantum Systems for the acquisiti…