Quantum Systems More Than Doubles Valuation to $8 Billion in New Round
AI Summary
Quantum Systems, a German drone startup focused on defense technologies, has raised $1.2 billion in a recent funding round, doubling its valuation to approximately $8 billion. The round reflects strong investor enthusiasm for defense-related technology companies.
Quantum Systems has raised $1.2 billion in a funding round, more than doubling the German drone startup’s valuation to about $8 billion post-money, in the latest example of investors’ enthusiasm for defense-related bets.