Quantum Systems, the German drone manufacturer whose systems flew 19,000 missions in Ukraine last year, raised $1.2 billion in a funding round that more than doubled its valuation to $8 billion.
Quantum Systems raised $1.2 billion in a funding round co-led by Airbus and Blackstone, more than doubling the German drone maker's valuation to $8 billion as defense-tech investors pour capital into autonomous systems proven in combat.
"The future is unmanned. Defense will be defined by autonomous systems that can operate together across domains in real time," Florian Seibel, co-founder and co-chief executive of Quantum Systems, said.
The round also drew Advent, Noteus Partners, BOND, Fidelity Investments, Wellington Management, A.P. Moller Holding, Elephant Lake Ventures, Balderton and HV Capital. The company generated €300 million ($342 million) in revenue last year and is profitable, Seibel said. It has raised $2 billion in total since its 2015 founding.
The financing gives Quantum Systems more than $1.2 billion of dry powder to expand production across seven countries and invest in Mosaic, its flight control software for AI-powered unmanned systems. Seibel left open whether the company would pursue a stock market listing but outlined ambitions to become a $100 billion European technology champion.
19,000 Missions in Ukraine Prove Battlefield Utility
Quantum Systems' drones have been used extensively by Ukrainian armed forces in their defensive war against Russia, executing over 19,000 missions in 2025 alone. The company's production footprint spans Germany, Ukraine, the U.S., Australia, Romania, the U.K. and the Baltics. It also offers unmanned ground vehicles for land missions and is developing surface and underwater platforms for marine operations.
Defense-Tech Investment Surge Draws Institutional Capital
The funding round shows growing institutional appetite for defense technology after Russia's 2022 invasion of Ukraine triggered a wave of NATO government spending to replenish weapons stockpiles. Airbus's participation suggests potential strategic integration with larger defense platforms, while Blackstone and Advent's involvement shows private equity conviction in the sector's growth trajectory. The company's profitability — rare among startups at this scale — and proven battlefield deployment give it a differentiated position among defense-tech peers.
This article is for informational purposes only and does not constitute investment advice.