Quantum Systems increases Series B financing volume to over 100 million euros

New investors Notion Capital and Porsche SE support the Munich-based company on its path to market leadership in drone technology

Munich, September 2024 - Quantum Systems, Europe's innovator in the drone industry providing aerial reconnaissance for both government and commercial customers, announces the successful completion of another Series B financing round. This brings the total Series B funding volume to over €100 million. The new main investors include Notion Capital and Porsche Automobil Holding SE (Porsche SE).

Overview of the Series B financing round

The current financing round marks a significant milestone for Quantum Systems. Thanks to the latest investments from Notion Capital and Porsche SE, the Munich-based drone pioneer has increased its total financing volume to over 100 million euros. Existing investors also participated significantly in this financing round, underlining their strong confidence in Quantum Systems' vision and potential in the fast-growing drone technology market.

Specialization in advanced drone technology

Quantum Systems has developed a clear competitive advantage through its state-of-the-art drones with integrated artificial intelligence (AI). By combining hardware, software and AI, the company transforms business operations and improves efficiency in various industries, including mining, construction, agriculture, utilities, public safety and defense. In all of these areas, the collection, analysis and processing of sensor data from the air offers decisive advantages.

In such an uncertain world, we all need more homegrown success stories like Quantum Systems to make a difference and have an impact beyond economic profit.

Patrick Norris, General Partner at Notion Capital

Drone technology has developed rapidly in recent years and offers considerable market potential. According to the new investors, Quantum Systems will benefit disproportionately from the growth of the sector through its advanced technology platform. The market for compact drones is expected to grow by 20 percent annually in the coming years.

Funding for global expansion and technological advancements

The additional funding is not only a testament to Quantum Systems' success to date, but also an important foundation for future projects and expansion plans. With this new round of financing, Quantum Systems plans to drive its internationalization and promote further innovation. The capital will enable the company to expand its production capacities and invest more in research and development, particularly with a strong focus on software and artificial intelligence.

Quantum Systems: a pioneer in air technology

Quantum Systems is at a crucial point where innovation meets opportunity. The company is ready to take a leading role in transforming industries through advanced air technologies while contributing to Europe's technological sovereignty.