German Drone Startup Quantum Systems Targets $175M Raise at €3.5BN Valuation

German drone maker Quantum Systems is close to completing a 150 million euro ($175 million) funding round that could triple its valuation to 3 billion euros ($3.5BN) , Manager Magazin reported , citing unnamed sources. The startup company, whose new drone “Jaeger” is designed to intercept hostile unmanned aircraft, has seen demand surge following recent […]