Mobility
Quantum Systems last week said it has raised $1.2 billion in Series D funding, bringing its valuation to more than $8 billion. The defense drone supplier plans to use the capital to expand production and deployments of its autonomous uncrewed aerial systems (UAS) for frontline forces.
The company, founded in 2015 by Florian Seibel, develops and produces fully autonomous eVTOL fixed-wing drones that offer industry-leading flight endurance and reliability. Quantum Systems has experienced triple-digit percentage growth year over year in output and employees. It serves government agencies and commercial enterprises with multi-sensor aerial intelligence for defense, security, humanitarian, and geospatial operations.
Source: The Robot Report