Quantum-Systems receives financing in the amount of 30 million euros

Quantum-Systems intends to use the capital to further scale its production and develop its drones, among other things.

Quantum-Systems has completed a Series A financing round of 30 million euros. The capital comes from a loan from the European Investment Bank and Bayern Kapital's Bayern 2 growth fund. Several existing investors have also participated.

Quantum-Systems has been in existence since 2015 and is based in Gilching, Bavaria. The start-up develops electrically powered drones. The special feature: they take off and land vertically and then fly on like an airplane. The drones can fly autonomously and stay in the air for up to 90 minutes - according to the company, the range is therefore longer than that of other manufacturers. The system can be used for search and rescue operations after natural disasters, in open-cast mining, for irrigation optimization in agriculture, for surveying work on large construction sites and for situational awareness. Deutsche Bahn uses the drones to inspect railroad tracks, for example.

"The Series A round will enable us to further scale our production and establish ourselves as the international standard for vertical take-off and landing drones by investing more in our development capacities and our sales team," says Frank Thieser, Head of Finance and Sales at Quantum-Systems. Among other things, the start-up wants to continue researching its swarm flight, autonomous flight and artificial intelligence.