Quantum Systems said it had raised $1.2 billion at a valuation of roughly $8 billion, bringing in fresh capital to expand ...

Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.

Quantum plans to use the proceeds to expand production capacity, strengthen supply chain resilience, and more.

German drone manufacturer Quantum Systems has raised $1.2bn in fresh funding, in a round which more than doubles its ...

Quantum Systems, a German defense technology firm, raised $1.2 billion, valuing the drone maker at roughly $8 billion. This ...