Quantum Systems Raises €63.6M in Series B Funding

Quantum Systems

Quantum Systems, a Munich, Germany-based innovator in dual-use drone-robotics offering multi-sensor technology for both government and commercial clients, raised €63.6M in Series B funding.

The round, which brought the total amount to over €100M, was led by HV Capital and DTCP, followed by Project A, Thiel Capital, ScaleUp Fonds Bayern, Omnes Capital, and Airbus Ventures.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Florian Seibel, Quantum Systems specializes in the development, design, and production of small Unmanned Aerial Systems (sUAS). Its range of electric vertical take-off and landing (eVTOL) sUAS are built to maximize range and versatility and provide operators with a seamless user experience. By integrating software capabilities like edge computing and real-time AI-powered data processing, Quantum Systems is building UAS for clients in defence, security, and the public sector.

Quantum Systems recently secured a significant contract with the German Armed Forces for Vector reconnaissance drones, strengthening European security. Partnering with Airbus Defence and Space, backed by the German Ministry of Defense, Quantum Systems advances tactical drones with AI and swarming technologies.

The company continues to support Ukraine through multiple deliveries of Vector drones, driving innovations in AI capabilities, endurance, and further system architecture integrations to the battle management systems.

Quantum-Systems is a global company, founded in 2015 and headquartered at Special Airport Oberpfaffenhofen, 20 km west of Munich, with business locations in the United States, Australia and Ukraine.

FinSMEs

24/10/2023