Quantum Systems—a leader in AI-based aerial intelligence systems for defense, emergency services, and industry—announced it has raised €160 million in new funding, led by Balderton Capital. Participation came from Hensoldt, Airbus Defense 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.
Launched in 2015 by a team with expertise in drones, robotics, and imagery collection, Quantum Systems sets the benchmark for real-time aerial intelligence for governmental and commercial uses. And 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.
Quantum Systems’ drones and intelligence systems are now being used by NATO-aligned forces – including those in Germany, Ukraine, Australia, New Zealand, and Spain. Following the deal of Germany’s AirRobot in March, Quantum Systems is a tier-1 supplier to the UK Ministry of Defence. The firm expanded into the UK by acquiring Nordic Unmanned UK, a global provider of high-end drone products and services.
Some 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 the flagship Vector platform in 2019, Quantum Systems has continuously innovated in response to its customers’ growing demands 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.
What the funding will be used for: This 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.
Momentum: This 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.
