Airbus and Blackstone Eye €600 Million Investment in Quantum Systems
Airbus SE and Blackstone Inc. are negotiating to lead a €600 million funding round for German drone startup Quantum Systems, potentially valuing the company at €7 billion. This investment comes amid increased military spending in Europe, particularly in Germany, following geopolitical tensions.
Airbus SE and Blackstone Inc. are negotiating to become leading investors in a €600 million ($703 million) funding round for Quantum Systems, a German drone startup. The funding could value Quantum Systems at approximately €7 billion.
Balderton Capital, an existing investor, is also considering participation. The funding structure primarily involves new investments, with some existing stock being sold. Since Russia's invasion of Ukraine in 2022, Germany has increased its defense budget, which has encouraged significant investment in domestic drone technology firms. This trend may continue, impacting the competitive landscape for defense and aerospace.
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