Gilching-based Quantum Programs, an AI-powered aerial intelligence techniques for protection, emergency providers, and trade, has raised €160 million in new funding, to speed up international growth, scale manufacturing, and advance their autonomous drone techniques.
The funding was led by Balderton Capital, with participation from Hensoldt, Airbus Protection and House, Bullhound Capital, LP&E AG and present traders, together with HV Capital, Mission A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche SE and Notion. The funding, will convey the overall raised by the corporate to €310 million.
Florian Seibel, Co-CEO and Co-founder of Quantum Programs, mentioned: “The necessity for sovereign, aerial intelligence has by no means been extra urgent. Our techniques, a robust mix of {hardware} and software program, are constructed for the realities of contemporary protection and safety challenges – they’re autonomous, interoperable, and confirmed below harsh circumstances. With help from our new and present traders, we’re able to turn into the European chief in robotised and AI-powered aerial intelligence options, offering each public and industrial clients with the high-quality, correct information they want for day by day resolution making.”
Based in 2015 and headquartered at Particular Airport Oberpfaffenhofen close to Munich, Quantum Programs seems to set the benchmark for real-time aerial intelligence for governmental and industrial makes use of. Its household of modular, dual-use unmanned aerial techniques (UAS) convey collectively advances in eVTOL know-how, AI, edge computing, and autonomy.
Quantum Programs’ drones and intelligence techniques are at present utilized by NATO-aligned forces – together with these in Germany, Ukraine, Australia, New Zealand and Spain. Following the acquisition of Germany’s AirRobot in March, Quantum Programs is a tier-1 provider to the UK Ministry of Defence. Extra lately, the agency expanded into the UK market with the acquisition of Nordic Unmanned UK, a world supplier of high-end drone services.
Business purposes of Quantum Programs’ options embody mapping drones throughout mining, agriculture, and infrastructure. Notable shoppers embody RocketDNA and the Indian authorities’s Division for Science and Know-how.
Sven Kruck, Co-CEO of Quantum Programs, added: “The profitable completion of our Sequence C financing marks a big milestone in our firm’s historical past. This funding permits us to observe our imaginative and prescient. We’ll improve our international manufacturing capability to fulfill the rising demand for our AI-powered drone techniques and broaden our market presence worldwide“.
Since launching its flagship Vector platform in 2019, Quantum Programs has innovated in response to the rising calls for of its clients, and the shifting defence and enterprise landscapes. Its newest iteration, Vector AI, debuted earlier this yr and has already been combat-tested in Ukraine, providing real-time ISR (intelligence, surveillance, reconnaissance) capabilities in areas the place GPS and communications aren’t obtainable.
Rana Yared, Normal Companion at Balderton Capital, added: “We’re thrilled to associate with Florian, Sven, and their distinctive crew as they redefine the usual for aerial intelligence. Quantum Programs has the technical excellence, strategic imaginative and prescient, and operational maturity to turn into a world chief on this crucial class, and positively additional each safety and industrial aims.”
The brand new funding reportedly follows a number of years of exceeding 100% year-over-year income progress for the corporate, which now has 550 folks throughout websites in Germany, Australia, Ukraine and Romania.
