Quantum Systems increases series B financing volume to over EUR 100 million

Source: Quantum Systems

Quantum Systems, Europe’s leading innovator in drone technology providing aerial intelligence for both government and commercial clients, announces the successful completion of an additional Series B funding round. This brings the total amount of Series B funding for the Munich-based drone pioneer to over €100 million. New lead investors are Notion Capital and Porsche SE.

 

Overview of series B financing round

The recent Series B financing round marks a significant milestone for Quantum Systems. The company announced that it has secured over €100 million, thanks to the latest investments from Notion Capital and Porsche Automobil Holding SE (Porsche SE). Existing investors also played a crucial role by participating significantly in this latest financing, demonstrating strong confidence in Quantum Systems’ vision and potential in the rapidly growing drone technology market.

“With support from our investors we are building partnerships that will drive innovation essential for Europe’s technological sovereignty, security and resilience. I am grateful to all our investors who have supported us on this journey – the best is yet to come. But one thing is certain: without security, nothing is worth anything”, said Florian Seibel, CEO, Quantum Systems.

 

350 x 200 5

 

Specialization in advanced drone technology

Quantum Systems’ unique advantage lies in its state-of-the-art drones equipped with artificial intelligence (AI) capabilities. Through the synthesis of hardware, software, and AI, Quantum Systems transforms business operations, enhancing efficiency across a diverse spectrum of verticals like mining, construction, agriculture, utilities, public safety and defence, in which the capture, analysis and further processing of sensor data from the air offers a significant advantage.

Drone technology has developed rapidly in recent years, with significant market potential. Quantum Systems, with its advanced technology platform, is forecasted to participate above average from the sector’s growth according to the new investors. The market for compact drones is projected to grow by 20 percent annually in the coming years.

 

LWE 300 x 250

 

Funding for global expansion and tech advancements

This influx of capital is not just a testament to Quantum Systems’ past successes but also an enabler for future projects and expansions. With this new round of funding, Quantum Systems plans to accelerate its internationalization efforts and fund further innovation. The additional capital will facilitate the scale up of production capabilities, as well as investments in research and development with a strong focus on software and AI.

Quantum Systems stands at a crucial juncture where innovation meets opportunity, poised to lead the charge in transforming how industries operate through advanced aerial technologies and contributing to Europe’s technological sovereignty.

Quantum Systems is proud to have partners by their side that chooese to take that path with them.

 

 

Tags:

Related news & articles

Latest news

Featured