New investors Notion Capital and Porsche SE are convinced that Quantum Systems will dominate in the market growth for drone technology.
Munich, Germany - September 24, 2024 - Quantum Systems, Europe’s leading innovator in drone technology providing aerial intelligence for both government and commercial clients, announces the successful completion of an additional Series B funding round. This brings the total amount of Series B funding for the Munich-based drone pioneer to over €100 million. New lead investors are Notion Capital and Porsche SE.
Overview of Series B Financing Round
The recent Series B financing round marks a significant milestone for Quantum Systems. The company announced that it has secured over €100 million, thanks to the latest investments from Notion Capital and Porsche Automobil Holding SE (Porsche SE). Existing investors also played a crucial role by participating significantly in this latest financing, demonstrating strong confidence in Quantum Systems' vision and potential in the rapidly growing drone technology market.
Specialization in Advanced Drone Technology
Quantum Systems' unique advantage lies in its state-of-the-art drones equipped with artificial intelligence (AI) capabilities. Through the synthesis of hardware, software, and AI, Quantum Systems transforms business operations, enhancing efficiency across a diverse spectrum of verticals like mining, construction, agriculture, utilities, public safety and defence, in which the capture, analysis and further processing of sensor data from the air offers a significant advantage.
Drone technology has developed rapidly in recent years, with significant market potential. Quantum Systems, with its advanced technology platform, is forecasted to participate above average from the sector's growth according to the new investors. The market for compact drones is projected to grow by 20 percent annually in the coming years.
Funding for Global Expansion and Tech Advancements
This influx of capital is not just a testament to Quantum Systems' past successes but also an enabler for future projects and expansions. With this new round of funding, Quantum Systems plans to accelerate its internationalization efforts and fund further innovation. The additional capital will facilitate the scale up of production capabilities, as well as investments in research and development with a strong focus on software and AI.
Quantum Systems stands at a crucial juncture where innovation meets opportunity, poised to lead the charge in transforming how industries operate through advanced aerial technologies and contributing to Europe’s technological sovereignty.
Quantum Systems is proud to have partners by their side that chooese to take that path with them.
Florian Seibel, CEO and Co-Founder of Quantum Systems said: “With support from our new investors Porsche SE and Notion, we are not just securing funds; we are building partnerships that will drive innovation essential for Europe's technological sovereignty, security and resilience.
This investment underscores the confidence in our mission to redefine industries and create lasting impact. I am grateful to all our investors who have supported us on this journey - the best is yet to come. But one thing is certain: without security, nothing is worth anything”.
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. By integrating cutting-edge software capabilities like edge computing and real-time AI-powered data processing, Quantum Systems builds next-generation UAS for security, defence, public safety, commercial and GIS operations customers across the globe. Quantum-Systems is a global company, founded in 2015 and headquartered at Special Airport Oberpfaffenhofen, 20 km west of Munich, with business locations in the United States, Australia and Ukraine.
Contact:
Claudia Steinhoff
csteinhoff@quantum-systems.com
