German drone startup Quantum Systems, backed by investor Peter Thiel, is raising about €600 million in a new funding round [1, 2]. Airbus SE and Blackstone Inc. are in talks to be the leading investors in the round, which could value Quantum Systems at around €7 billion post-money [1, 2].
Quantum Systems is developing advanced drone technologies for commercial and defense applications. The company’s valuation estimate comes from industry sources and matches reports from China-based media outlet 36Kr [1, 2].
Alongside Airbus and Blackstone, Balderton Capital, a UK venture capital firm and existing investor, is also negotiating to participate in the round [1]. The talks about the funding round were first reported on May 13 [1].
The additional capital is expected to accelerate Quantum Systems’ growth and R&D efforts in drone technology. The deal is still subject to final agreements with the investors.
The funding round and investment negotiations are currently ongoing and should conclude in the coming weeks.
