Quantum Systems has completed a financing round of 160 million euros. The round was led by Balderton Capital. Also involved were Hensoldt, Airbus Defense and SpaceBullhound Capital, LP&E AG and existing investors such as HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Notion and Porsche SE.
The new financing brings the total capital raised to 310 million euros. According to the company, it intends to use the available funds to “accelerate global expansion, scale production and further develop its autonomous drone systems, software and AI”.
This new financing round follows several years in which Quantum Systems recorded annual sales growth of over 100 percent. Today, the company employs around 550 people at locations in Germany, Australia, Ukraine and Romania.
Quantum Systems was founded in 2015 and is primarily known for its modular, dual-use-capable unmanned aerial systems (UAS). Among other things, the company recently landed two major orders from the Spanish armed forces. were won.
Florian Seibel, co-CEO and co-founder of Quantum Systems, explains: “The need for sovereign, airborne reconnaissance has never been greater. Our systems – a powerful combination of hardware and software – are designed to meet the reality of modern defense and security requirements: autonomous, interoperable and tested under extreme conditions. With the support of our new and existing investors, we are poised to become the European market leader in robotic and AI-powered aerial reconnaissance solutions. We provide public and private customers with the high-resolution and accurate data they rely on for their daily decision-making.”
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Sven Kruck, Co-CEO of Quantum Systems, adds: “The successful completion of our Series C financing round is a significant milestone in our company’s history. This investment enables us to pursue our vision and significantly strengthen our market position. We will expand our global production capacity to meet the growing demand for our AI-powered ISR systems and expand our global market presence.”
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