Quantum Systems, a defense technology startup specializing in the development of autonomous unmanned systems, has announced the successful raising of $1.2 billion in its Series D funding round.

The deal not only brings the German company's valuation to around $8 billion after investment, but also reflects an unprecedented wave of investment in the defense technology sector globally.

Drone 2.jpg
Photo: Quantum Systems

This move comes as major investment funds continuously seek opportunities in companies developing next-generation military technologies, particularly solutions utilizing artificial intelligence (AI), autonomous robots, and unmanned systems to meet the growing defense needs of many countries.