The drone manufacturer, Quantum Systems, paves the way for the planned fast expansion of research, improvement and production. The company acquired an additional EUR 150 million of funding, announced Quantum Systems.
The largest donor in the current backing circular is the European Investment Bank (EIB), which has contributed €70 million. The programme besides participates in state KfW bankand Commercial and Deutsche Bank. The agreement aims to item the request to finance "critical safety infrastructure" in Europe, as stated in the press release.
Weapons boom brings billions of dollars in valuations
The company based in Gilching close Munich presently produces reconnaissance and reflection drones for military and civilian purposes. According to the company, its valuation last year exceeded EUR 3 billion. Quantum drones are utilized on Ukraine since 2022. Quantum Systems announced already this year the introduction of a strategy to intercept attacks or disrupt another drones.
The company is not the only German defence startup valued at a billion dollars. Munich Stark-Defense late acquired fresh capital from a fund owned by a technology billionaire Peter Thiel (58), achieving its first billion dollar valuation Founders of Quantum, Florian Seibel (46) and Sven Kruck (43), they besides invested in Stark; companies plan to cooperate in the implementation of assault and reconnaissance drones.
The main investor in Quantum Systems is the British venture capital company Balderton Capital. In the last circular of backing held in autumn, Quantum raised EUR 180 million. Unlike many another start-ups, Quantum Systems, according to erstwhile Balderton declarations, is profitable and already has large production facilities in Germany, in Ukraine, Australia and USA.
