menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Quantum Sy...
source image

Dronelife

1w

read

0

img
dot

Image Credit: Dronelife

Quantum Systems Raises €160M to Accelerate Global Growth in AI-Powered Drone Intelligence

  • Quantum Systems, a Germany-based developer of AI-powered drone platforms, raised €160 million in Series C funding led by Balderton Capital to expand global operations and scale production.
  • The funding will be used to enhance software and AI capabilities, increase manufacturing output, and facilitate expansion in Europe and the Asia-Pacific region.
  • Quantum Systems specializes in eVTOL drones with AI integration, serving government and commercial sectors, and has seen rapid growth in revenue and reach.
  • The new investment brings Quantum Systems' total funding to €310 million, with the company planning to increase global production capacity and market presence.

Read Full Article

like

Like

For uninterrupted reading, download the app