Expansion into markets across Europe and APAC follows 100% annual revenue growth, plus acquisitions of AirRobot and Nordic Unmanned UK
Quantum Systems has raised €160 million in new funding, led by Balderton Capital, with participation from HENSOLDT, Airbus Defence and Space, Bullhound Capital, LP&E AG and existing investors, including HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche SE and Notion. The funding, which brings the total raised by the company to €310 million, will be used to accelerate global expansion, scale production, and advance the company’s autonomous drone systems, software and AI.
Founded in 2015 by a world-class team with experience in drones, robotics, and imagery collection, Quantum Systems is setting the benchmark for real-time aerial intelligence for governmental and commercial uses. Its family of modular, dual-use unmanned aerial systems (UAS) bring together the latest advances in eVTOL technology, AI, edge computing, and autonomy to help customers make better decisions, faster and more accurately.
Combat-proven and commercially applicable
Quantum Systems’ drones and intelligence systems are currently used by NATO-aligned forces – including those in Germany, Ukraine, Australia, New Zealand and Spain. Following the acquisition of Germany’s AirRobot in March, Quantum Systems is a tier-1 supplier to the UK Ministry of Defence. More recently, the firm expanded into the UK market with the acquisition of Nordic Unmanned UK, a global provider of high-end drone products and services.
Commercial applications of Quantum Systems’ solutions include mapping drones across mining, agriculture, and infrastructure. Notable clients include RocketDNA and the Indian government’s Department for Science and Technology.
Since launching its flagship Vector platform in 2019, Quantum Systems has continuously innovated in response to the growing demands of its customers, and the shifting defence and business landscapes. Its latest iteration, Vector AI, debuted earlier this year and has already been combat-tested in Ukraine, offering real-time ISR (intelligence, surveillance, reconnaissance) capabilities in areas where GPS and communications aren’t available.
The new funding follows several years of exceeding 100% year-over-year revenue growth for the company, which now has 550 people across sites in Germany, Australia, Ukraine and Romania.
