What Happened
Defense Drone Supplier Expands Production and Deployments
Quantum Systems, a defense drone supplier, has raised $1.2 billion in Series D funding, bringing its valuation to over $8 billion. The company plans to use the funds to expand drone production and deployments, building on its proven track record of operational deployments. With a focus on autonomous uncrewed aerial systems, Quantum Systems aims to enhance operational efficiency and decision-making for government agencies and commercial enterprises. This development was reported by The Robot Report.