Quantum-Systems GmbH, a developer, designer, and manufacturer of advanced unmanned aerial systems (UAS), has announced the closing of a financing round with new investors Peter Thiel, Project A, and Sanno Capital.
Founded in 2015, Quantum-Systems is at the forefront of UAS development. Its electric vertical take-off and landing (eVTOL) systems boast industry-leading flight endurance, ease of operation, and reliability. Customers in the public and private sectors alike use Quantum-Systems’ versatile UAS for security, defence, humanitarian, and geospatial operations.
“The future of UAS is in neither software nor hardware alone, but in the intelligent synthesis of the two. With that understanding, Quantum-Systems is a leap ahead of its competition.”
Technology entrepreneur and venture capitalist
“American and Israeli companies have historically dominated the drone market. We are excited to see Quantum-Systems step up and provide a homegrown European solution that doesn’t sacrifice tech quality.”
“Whether in agriculture, construction, or observation for humanitarian operations and reconnaissance, Quantum’s UAS cover an immense range of applications. The company offers the innovation potential to build the European champion in its field through best-in-class sensor solutions and AI.”
The next chapter in our growth is taking our first-class hardware, which our customers love, and investing heavily in the software to bring it to the next level. That includes artificial intelligence, which will enhance our ability to provide situational awareness to our operators; edge computing, which facilitates real-time data processing onboard our UAS; and new elements in our mission planning software, which allows operators to orchestrate complex operations with the click of a button.
CEO, Quantum-Systems
Existing investor Bayern Kapital also participated in the round. With the addition of the new investors, early key investor 10x Group sees Quantum Systems as very well positioned to become the leading European UAS champion.
Quantum-Systems is developing docking stations that allow unmanned aerial vehicles to be charged and deployed without human operators for use by the military, border patrol, mining companies and for surveillance in cities, Chief Executive Officer Florian Seibel said in an interview.
“The future of UAS [unmanned aircraft systems] is in neither software nor hardware alone, but in the intelligent synthesis of the two,” said Thiel of Quantum-Systems’ approach.
Quantum-Systems has supplied 42 drones to support the Ukrainian army via the German armed forces, Seibel said.
Seibel added that the process of military tech development and procurement in Europe is too slow.
“We cannot keep spending hundreds of billions of dollars to develop technology that is outdated once it gets deployed,” he said.
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 is building next-generation UAS for clients in security, defence, public safety, commercial, and geospatial operations across Europe.
Quantum-Systems was founded in 2015 and is headquartered at Special Airport Oberpfaffenhofen, 20 km west of Munich.
Top Photo: CEO, Quantum-Systems
Sources: Press Release; Yahoo! Finance