Quantum Systems, a German AI-powered aerial intelligence systems company, has raised €160 million in funding to accelerate global expansion and production scale.
The funding round was led by Balderton Capital and included participation from various investors, bringing the total raised by the company to €310 million.
Quantum Systems aims to become the European leader in robotised and AI-powered aerial intelligence solutions for defense, security, and commercial applications.
The company's drones and intelligence systems are already in use by NATO-aligned forces and have commercial applications in industries such as mining, agriculture, and infrastructure.