Quantum Systems Gains New Investors in Funding Round
by DRONELIFE Staff Writer Ian M. Crosby
Unmanned Aerial Systems (UAS) specialist Quantum-Systems has announced the closing of a financing round with new investors Peter Thiel, Project A, and Sanno Capital. The round also saw participation from existing investor Bayern Kapital. With its industry-leading electric vertical take-off and landing (eVTOL) systems, Quantum-Systems has customers in both the public and private sectors relying on its versatile UAS for security, defense, humanitarian, and geospatial operations.
The newly acquired funding will expedite Quantum-Systems’ R&D investment into artificial intelligence, autonomy, edge computing, and robotics, providing the company’s advanced airframes with an advanced software layer.
“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.”
The funding round will also enable Quantum-Systems to emphasize its pursuit of sales to meet Europe’s increasing demand for advanced UAS in a variety of sectors, including defense, agriculture, mining, construction, and energy. The company’s UAS fill a wide range of use cases, such as search and rescue operations, automated railway inspections, and aerial data intelligence on large-scale construction operations.
“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 cover an immense range of applications,” said Sanno Capital CEO Florian Moerth. “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,” said Quantum-Systems CEO Florian Seibel. “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.”
According to early key investor 10x Group, the addition of these new investors puts Quantum-Systems in a strong position to become the leading European UAS champion.
Read more about Quantum Systems:
Ian attended Dominican University of California, where he received a BA in English in 2019. With a lifelong passion for writing and storytelling and a keen interest in technology, he is now contributing to DroneLife as a staff writer.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.
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