Quantum-Systems has attracted new investments, which increased the company's valuation to $3.5 billion
Quantum-Systems has raised 180 million euros from investors to increase UAV production.
Quantum-Systems has raised 180 million euros from investors to increase UAV production.
The investment tripled the company’s previous valuation, Bloomberg reported. Quantum-Systems sells reconnaissance drones used by the Defense Forces.
Last summer, Quantum Systems opened a plant in Ukraine that produces Vector reconnaissance drones for the Defense Forces. The company also announced the deployment of a new upgrade of its Receptor AI artificial intelligence sensors in Ukraine .
The new funding will help increase production capacity and fund the development of anti-drone systems that the company plans to start selling next year.
In May, Quantum Systems raised €160 million, becoming the first European unicorn in dual-use technologies. At the time, the company announced that it planned to use a significant portion of the funds raised to develop its Ukrainian division.
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Quantum Systems joins forces with Lithuanian ADV Defense and strengthens production of electronics for drones
Quantum Systems joins forces with Lithuanian ADV Defense and strengthens production of electronics for drones
Quantum Systems plans to increase its R&D team to 100 specialists. Who will be hired?
Quantum Systems plans to increase its R&D team to 100 specialists. Who will be hired?
Quantum Systems developed the Jäger interceptor drone in six months
Quantum Systems developed the Jäger interceptor drone in six months
