The Next Web
German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn. Quantum Systems builds electric, AI-powered autonomous surveillance drones that are dual-use, meaning they can serve both military and civil purposes. Defence forces can use the unmanned aerial vehicles (UAVs) to spy on enemies and gather intel…
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German dual-use drone maker becomes unicorn amid defence tech boom
German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn. Quantum Systems builds electric, AI-powered autonomous surveillance drones that are dual-use, meaning they can serve both military and civil purposes. Defence forces can use the unmanned aerial vehicles (UAVs) to spy on enemies and gather