Germany's Quantum Systems has raised â¬160mn in funding, becoming a unicorn with a valuation exceeding â¬1bn. The company specializes in dual-use electric, AI-driven drones which are utilized for both military surveillance and civilian applications such as agriculture and emergency services. Co-founder Florian Seibel aims for Quantum to lead in aerial intelligence solutions. This funding supports its significant contracts with European armed forces and showcases its flagship drone, the Vector AI, already tested in Ukraineâunderscoring the urgent demand for advanced aerial technologies amidst ongoing regional conflicts.
The need for sovereign, aerial intelligence has never been more pressing, highlighting the rising importance of technologies like Quantum Systems' drones in today's geopolitical climate.
With this funding round, Quantum Systems has been able to secure significant defence contracts and is positioning itself as a leader in dual-use drone technology across sectors.
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