German partner of Ukrainian drone production company receives additional EUR 150M

The company stated this to Ukrinform.

Quantum Systems, a global leader in unmanned systems, announced a new financing package backed by the EIB and leading European commercial banks, including Commerzbank, Deutsche Bank, and KfW. The package, designed to support the company's further growth and scale the industry in Europe, was presented at a joint press conference ahead of the Munich Security Conference.

The financing deal highlights the growing commitment to developing and scaling security-related innovations using European capital, the company said. It said that the deal enables European banks to more effectively support security-related technologies and emphasized that it underscores the increasing recognition that critical security infrastructure must be financed in Europe to ensure long-term independence and stability.

The company also noted that the current EUR 70 million loan is the EIB's second investment in Quantum Systems, following a EUR 10 million investment in June 2021. Together with Commerzbank, Deutsche Bank, and KfW, the long-term debt financing totals EUR 150 million.

The company added that the financing package will support Quantum Systems' ongoing investments in technology, industrial capacity, and organizational growth, while strengthening its commitment to European security, resilience, and long-term value creation.

As a reminder, in December, the establishment of the joint venture Quantum Frontline Industries (QFI) between the German company Quantum Systems and the Ukrainian startup Frontline Robotics was announced in Berlin.

Photo: Provided by the company