Capital Injection Accelerates Further Development
Quantum-Systems GmbH, an innovative UAS developer, has closed a financing round with new investors Peter Thiel, Project A, and Sanno Capital.
Founded in 2015, Quantum-Systems is at the forefront of UAS development. Its eVTOL systems boast industry-leading flight endurance, ease of operation, and reliability. Customers in public and private sectors use these versatile UAS for security, defence, humanitarian, and geospatial operations.
This injection of capital will accelerate the company’s R&D investment into AI, autonomy, edge computing and robotics, bringing a sophisticated software layer to its advanced airframes. This round of funding also allows Quantum-Systems to more aggressively pursue sales to meet growing demand across Europe for sophisticated UAS, in sectors ranging from defence and agriculture, through mining, to construction and energy. Operators can deploy the UAS in a variety of use cases, including SAR, automated railway inspections after severe weather, and for aerial data intelligence on large-scale construction operations. “The future of UAS is in neither software nor hardware alone, but in the intelligent synthesis of the two,” commented Peter Thiel. “With that understanding, Quantum-Systems is a leap ahead of its competition.”
New investor Project A also joined the round, excited about Quantum-Systems’ potential to contribute to Europe’s tech sovereignty. “American and Israeli companies have historically dominated the drone market,” observed Uwe Horstmann, General Partner. “We are excited to see Quantum-Systems step up and provide a homegrown European solution that doesn’t sacrifice tech quality”. Florian Moerth, CEO of Sanno Capital, added “Quantum’s UAS cover an immense range of applications. The company offers the innovation potential to build the European champion in its field through best-in-class sensor solutions and AI.”
“The next chapter in our growth is taking our first-class hardware, which our customers love, and investing heavily in the software to bring it to the next level,” explained Florian Seibel, Quantum-Systems’ CEO. “That includes artificial intelligence, which will enhance our ability to provide situational awareness to our operators; edge computing, which facilitates real-time data processing onboard our UAS; and new elements in our mission planning software, which allows operators to orchestrate complex operations with the click of a button.”
Existing investor Bayern Kapital also participated in the round. With the addition of the new investors, early key investor 10x Group sees Quantum Systems as very well positioned to become the leading European UAS champion.