Drone robotics company Quantum Systems announces the successful completion of its Series B financing round of €63.6 million, bringing the total financing amount for the Munich drone manufacturer to over 100 million euros. The investment is led by HV Capital and DTCP, followed by Project A, Thiel Capital, ScaleUp Fonds Bayern, Omnes Capital, and Airbus Ventures.
Quantum Systems' drones, originally used for agriculture and the construction sector, have also been deployed by the military since the beginning of the Russian war of aggression in Ukraine. The startup recently signed a framework agreement with the German Armed Forces (Bundeswehr) for the delivery of Vector reconnaissance drones. In cooperation with the defense company Airbus Defence and Space The startup is developing tactical drones with AI and swarm technologies.
"In the face of ever-changing global challenges, Quantum Systems recognizes the need for a flexible, bottom-up approach. This approach promotes innovation and adaptability, enabling Europe to preserve its democratic values while promoting and harnessing groundbreaking technologies that drive progress."
says Florian Seibel, CEO of the drone manufacturer.
The company's Vector drone It is capable of vertical takeoff and landing and can be used both as a fixed-wing aircraft and as a multicopter. The manufacturer also promises a battery life of 120 minutes and a video transmission range of more than 15 kilometers. Since Quantum Systems has already delivered numerous Vector systems with AI edge computing capabilities to the Ukrainian armed forces, the drones are also considered battle-tested.
“Quantum Systems can maintain its technological lead”
"We are excited to support Quantum Systems' vision for global leadership in AI-powered drone robotics. The team has proven its ability to maintain its technological edge. We look forward to working with the team as they expand their product offerings,"
commented Christian Saller, General Partner at HV Capital, the investment. The General Partner of Project A Ventures, Uwe Horstmann, explained:
"Recent geopolitical events have made it clear that as venture capitalists, we can no longer afford to ignore the complexity of defense technology, which includes dual-use concepts with diverse applications. Therefore, we are proud to continue supporting Quantum Systems in becoming a key dual-use provider, strengthening the resilience of European and Western technology."
