[Funding alert] Munich-based Quantum Systems Secures €63.6 million Series B Round Funding

Conflicts, disasters, or dependencies on foreign suppliers around the globe have tremendously increased the need for robust systems that give commercial and governmental customers the decisive data advantage, either in the business world or on the battlefield.

Read also - Germany-based Soluterials Secures Seven Figure in Seed Funding

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.

Read also - Copenhagen-based Klimate.co Raises €3.5 million in Seed Funding

Quantum Systems’ unique advantage lies in its dual-use capability, addressing two distinct markets with common technology. Through the synthesis of hardware, software, and AI, Quantum Systems transforms business operations, enhancing efficiency across a diverse spectrum of verticals, from agriculture to mining, inspection, and construction.

Florian Seibel, CEO, Quantum Systems said, "In the face of ever-evolving global challenges, Quantum Systems recognizes the need for a bottom-up flexible approach. This approach fosters innovation and adaptability, enabling Europe to sustain its democratic values while embracing disruptive technologies that drive progress."

About Quantum Systems

Quantum Systems specializes in the development, design, and production of small Unmanned Aerial Systems (sUAS). The company’s 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.

Read also - AI-Powered Text-to-Video Platform Oxolo Secures €13 million Series A Round Funding