EIB Backs Quantum Systems' Drone Development with Venture Debt. Quantum Systems, a German drone startup, has secured a €10 million loan from the European Investment Bank (EIB). This venture debt financing allows Quantum to grow without giving up ownership control, unlike traditional equity financing.
Quantum's Focus: Quantum specializes in developing small Unmanned Aerial Systems (sUAS) for both commercial and government applications.
Their drones offer:
Vertical take-off and landing (eVTOL) capabilities
Long-range flight through efficient electric and aerodynamic
design
High-quality data collection
These features make Quantum's drones ideal for tasks like:
Search and rescue operations
Smart farming
Mining and construction site surveying
Real-time situational awareness
Railway inspections
Benefits of EIB Funding
The EIB loan provides Quantum with several advantages:
Maintains Ownership Control: Unlike venture capital,
Quantum's founders retain majority ownership.
Fuels Growth: The funds will be used for research and
development, sales & marketing, and production expansion.
Debt Alternative: This financing complements potential
equity fundraising.
"Quotes" :
EIB Vice-President Ambroise Fayolle: "We are proud to
support Quantum with venture debt, an innovative tool for growth-stage
companies."
Quantum CEO Florian Seibel: "The fresh capital will
accelerate R&D in autonomous flight and AI, and support our strong growth
trajectory."
EU Commissioner Mariya Gabriel: "The EGFF program
fosters European competitiveness by enabling innovative startups to
thrive."
With this EIB backing, Quantum Systems is well-positioned to
become a leader in the commercial and government drone market. Their focus on
cutting-edge technology and efficient design positions them to meet the growing
demand for advanced sUAS solutions.
Looking Ahead for more information: Click Ok
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