Quantum Systems raises $1.2bn and doubles its valuation to $8bn as defence money floods in

Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian company announced the Series D on Thursday. Blackstone, Noteus, Airbus, and Advent co-led it. […]

This story continues at The Next Web

from https://thenextweb.com/news/quantum-systems-1-2bn-series-d-8bn-valuation