What Happened
Company Positions For Growth In Domestic Drone Production
Quantum Cyber N.V. is expanding its US presence with the acquisition of a 50,000 square foot manufacturing facility in Connecticut, aiming to produce up to 100,000 drones annually. The move comes as the US government pours billions into domestic drone production, with the Office of Strategic Capital committing $820 million to Performance Drone Works. Quantum Cyber’s platform draws on Israeli and Ukrainian technology, and its leadership includes former US government officials. The company’s growth plans and federal funding initiatives were first reported by The Globe and Mail.