menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

German Qua...
source image

Eu-Startups

1w

read

232

img
dot

German Quantum Systems raises €160 million to target global leadership in aerial intelligence solutions

  • 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.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app