Quantum Systems secures $178M financing for drone expansion

German unmanned systems manufacturer Quantum Systems announced that it secured a €150 million financing package — equivalent to approximately $178 million — backed by the European Investment Bank and major European commercial lenders to support industrial expansion and technology development.

The agreement was presented during a joint press conference at the company’s headquarters in Gilching, Germany, ahead of the Munich Security Conference. The financing involves the European Investment Bank (EIB), Commerzbank, Deutsche Bank, and KfW, reflecting coordinated public and private investment aimed at scaling security-related technologies within Europe.

According to the company, the funding will support continued growth, industrial scaling, and expanded production capacity for unmanned aerial systems and aerial intelligence platforms. The financing structure includes long-term debt funding totaling €150 million ($178 million), with a €70 million ($83 million) loan from the European Investment Bank representing its second investment in Quantum Systems following a €10 million ($12 million) investment in June 2021.

The financing package follows recent adjustments to European environmental, social, and governance frameworks that now allow banks to more directly support security-related technologies. Quantum Systems said the agreement reflects a broader effort to ensure that critical security infrastructure is financed within Europe using European capital sources.

“This financing is a strong vote of confidence in our company, technology, and our vision,” said Quantum Systems co-founder Jonas Jarosch. “It enables us to scale responsibly while remaining firmly anchored in Europe. Security and technological sovereignty start with the ability to invest long-term in critical capabilities.”

The European Investment Bank emphasized the role of unmanned aerial systems in current security challenges. “Drones and aerial intelligence are already indispensable for Europe’s security – from defending Ukraine to protecting critical infrastructure and borders. With this EUR 70 million financing, the EIB is backing a European technology champion in Germany and showing how public and private finance can scale up Europe’s defence capabilities and better protect our citizens,” said Nadia Calviño, President of the European Investment Bank.

Commercial banking partners highlighted their long-term cooperation with the company. “As a banking partner, we are delighted with the successful development of Quantum Systems, which we have been supporting since its early growth phase as its principal bank and also as its first lender,” said Michael Kotzbauer, Deputy Chairman of the Board of Managing Directors of Commerzbank AG.

Michael Diederich, Global Co-Head of Corporate Banking at Deutsche Bank, said the financing demonstrates Europe’s ability to fund security-relevant innovation domestically. “This financing package sends a strong signal about Europe’s ability to develop and scale security relevant technologies with its own capital. At Deutsche Bank, we are committed to supporting companies like Quantum Systems as they expand critical capabilities responsibly – strengthening Europe’s industrial base and technological sovereignty for the long term.”

KfW confirmed its participation through its Venture Tech Growth Financing program. “Through its Venture Tech Growth Financing program, KfW is backing Quantum Systems’ continued growth in Europe. By providing targeted growth capital – including equity via KfW Capital and debt – we are strengthening Europe’s technological resilience and contributing to security-relevant capabilities that are developed, financed, and anchored in Europe. This commitment is an essential building block for Europe’s sovereignty and its ability to act independently in a changing security environment,” said Melanie Kehr, Member of the Executive Board of KfW.

Quantum Systems develops unmanned aerial systems used for aerial intelligence, surveillance, and reconnaissance missions. Its platforms are employed across European security programs, including roles connected to Ukraine’s defense and the protection of critical infrastructure and borders.

The company said the financing will fund investments in technology development, manufacturing capacity, and organizational expansion while reinforcing long-term European control over defense-related innovation.