In a significant milestone for the drone technology industry, Quantum Systems, Europe's leading innovator in aerial intelligence solutions, has announced the successful completion of an additional Series B funding round. The Munich-based company has secured over €100 million in funding, bringing its total Series B financing to a remarkable figure. This influx of capital is a testament to the company's groundbreaking technology and its potential to dominate the market growth for drone technology.

New Investors on Board

The recent Series B financing round has attracted new lead investors, Notion Capital and Porsche SE, who are convinced that Quantum Systems will play a pivotal role in shaping the future of drone technology. Existing investors have also participated significantly in this latest financing round, demonstrating their confidence in the company's vision and potential. Florian Seibel, CEO and co-founder of Quantum Systems, expressed his gratitude to the investors, stating that their support goes beyond just securing funds, but also building partnerships that will drive innovation essential for Europe's technological sovereignty, security, and resilience.

Advancing Drone Technology

Quantum Systems' unique advantage lies in its state-of-the-art drones equipped with artificial intelligence (AI) capabilities. By combining hardware, software, and AI, the company transforms business operations, enhancing efficiency across various industries such as mining, construction, agriculture, utilities, public safety, and defense. The market for compact drones is projected to grow by 20% annually in the coming years, and Quantum Systems is poised to participate above average in this growth.

Global Expansion and Innovation

The new funding will enable Quantum Systems to accelerate its international expansion efforts and invest in further innovation. The company plans to scale up its production capabilities and invest in research and development, with a strong focus on software and AI. This move will solidify Quantum Systems' position as a leader in the drone technology market and contribute to Europe's technological sovereignty.

Industry Recognition

Patrick Norris, General Partner at Notion Capital, praised Florian Seibel, CEO and co-founder of Quantum Systems, as a highly driven founder motivated to defend European values. Norris emphasized the need for more homegrown success stories like Quantum Systems to make a difference and create lasting impact beyond economic profit.

A New Era for Drone Technology

With the completion of this Series B financing round, Quantum Systems is poised to revolutionize the drone technology industry. The company's advanced technology platform, combined with its strong partnerships and innovative spirit, will undoubtedly drive growth and transformation in various industries. As the market for compact drones continues to expand, Quantum Systems is ready to take its rightful place as a leader in the sector.

Quantum Systems' oversubscribed Series B financing is a significant milestone for the drone technology industry. With new investors on board and a strong vision for the future, the company is poised to drive innovation and growth. As the market continues to expand, Quantum Systems is well-positioned to lead the charge and make a lasting impact on various industries.