German drone manufacturer Quantum Systems secured 8 billion — described as the largest defense technology financing round in Europe to date.

The company attributed valuation growth to revenue increases, established profitability, and multi-domain positioning. Co-leads: Blackstone, Airbus, Noteus, Advent. Participants included BOND, Fidelity, AP Moller, Wellington Management, Elephant Lake Ventures.

Capital targets production capacity, supply chain resilience, allied market deliveries, and software/AI development. Quantum Systems deepened Airbus Defence collaboration as part of the round.