Processing…
Success! You're on the list.
NEWSLETTER

Processing…
Success! You're on the list.

Peter Thiel backs drone robotics startup Quantum-Systems supplying drones for Ukraine

Quantum-Systems funding
Image credits: Quantum-Systems

Munich-based Quantum-Systems, specialised in drone robotics, has closed a financing round with new investors Peter Thiel, Project A, and Sanno Capital. Also, existing investor Bayern Kapital 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.

Plans to accelerate R&D and sales

This injection of capital will accelerate Quantum-Systems’ R&D investment into artificial intelligence, autonomy, edge computing, and robotics, bringing a sophisticated software layer to its advanced airframes. This round of funding also allows Quantum-Systems to more aggressively pursue sales to meet growing demand across Europe for sophisticated UAS, in sectors ranging from defence, to agriculture, to mining, to construction, to energy.

“The future of UAS is in neither software nor hardware alone, but in the intelligent synthesis of the two,” said Peter Thiel. “With that understanding, Quantum-Systems is a leap ahead of its competition.”

New investor Project A also joined the round, excited about Quantum-Systems’ potential to contribute to Europe’s tech sovereignty. “American and Israeli companies have historically dominated the drone market,” said Uwe Horstmann, General Partner at Project A. “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 covers 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,” said Florian Moerth, CEO of Sanno Capital.

“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,” said Florian Seibel, Chief Executive Officer of Quantum-Systems. “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.”

Develops sUAS

Quantum-Systems was founded by Armin Busse and Florian Seibel in 2015 and is headquartered at Special Airport Oberpfaffenhofen, 20 km west of Munich. It specialises 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 maximise 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.

Customers can use Quantum’s UAS in a variety of use cases, including search and rescue operations after natural disasters, automated railway inspections after severe weather, and aerial data intelligence on large-scale construction operations.

Supplies drones for Ukraine

In August, Quantum-Systems accepted a commission from the Ministry of Defense of Ukraine for the distribution of the company’s Vector reconnaissance drones. It will supply long endurance Vector drones for Ukraine. The Vector drone fulfills the Ukrainian Army’s necessary standards for aerial reconnaissance. The long-range reconnaissance drone produces minimal noise emission during flight and provides high-resolution aerial video images through an encrypted data link, granting reliable situational awareness.

Related Posts
Total
25
Share

Get daily funding news briefings in the tech world delivered right to your inbox.

Enter Your Email
join our newsletter. thank you