On course for growth: Bayern Kapital with the Bavarian Growth Fund 2 invests in Quantum-Systems
Quantum-Systems, innovative developer, designer, and producer of advanced eVTOL UAVs, together with Bayern Kapital and its Bavarian Growth Fund 2, renowned German private investors, and existing investors, as well as the European Investment Bank EIB has completed its Series A funding rounds with a total of 32 million USD equity and venture debt.
Increasing demand and growing areas of application
The drones serve a variety of use cases both in the defence and security sector, as well as for the geospatial industry. They can be used in search and rescue operations after natural disasters like floods. Further areas of applications are smart farming, volume calculation in open-pit mining, surveying work for large construction sites, real-time situational awareness, tactical mapping, and automated railway inspection.
Tailwind for promising pioneers
“The Bavarian Growth Fund is an important instrument for strengthening the competitiveness of the Bavarian economy,” said Bavaria’s Minister of Economics Aiwanger. “This helps small and medium-sized enterprises to turn new ideas into concrete innovations. Young Bavarian high-tech companies in particular need capital to be able to compete in international growth markets. The young company can use the fresh funding to expand its research, development, and sales capacities in the fields of autonomous flying and artificial intelligence. Ultimately, Bavaria as a business location benefits from every development of new technologies.”
“Today, there is hardly an industry that is not thinking about the opportunities presented by the use of drones, and there are already plenty of successful customer examples,” said Monika Steger, Managing Director at Bayern Kapital. “Quantum-Systems convinces us equally with its powerful, efficient technology and its brilliant starting position for an international market with enormously high growth potential. We are delighted to have a Bavarian company with outstanding management that is helping to shape digitalization and the next stage of conquering airspace for the future.”
Quantum-Systems GmbH develops and deploys small Unmanned Aircraft Systems (sUAS) for the geospatial community (commercial product line) and the defence, security, and intelligence community (governmental product line), providing unprecedented data quality, efficiency, and operational usability.
The fully autonomous sUAS with AI edge computing capabilities enable its users to capitalise on the emerging megatrend of autonomous sUAS data acquisition solutions that will open entirely new markets and applications. All Quantum-Systems sUAS combine eVTOL (electrical vertical take-off and landing) capabilities with long-range utilising electrical and aerodynamic efficiency.
The continuous integration of state-of-the-art sensors into the systems allows for increased aerial data intelligence.
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