InfraDefenceThe capital behind defence.
Government finance · 27 Jul 2021

EIB €10m venture debt to Quantum Systems

Autonomous flight and AI development, sales and production scale-up for long-range drones

Key terms

Borrower or issuer
Quantum Systems
Date
27 Jul 2021
Type
Government finance
Amount
€10m (US$12m)

Recorded terms

Structure
Venture debt of up to €10m under the European Growth Finance Facility (EFSI)
Lenders and arrangers
European Investment Bank
Country
Germany

Parties

Similar financings

DateFinancingTypeAmount
20 Jul 2022European Defence Fund 2021 call resultsGovernment finance€1.2bn
7 Nov 2022EIB €260m sustainability-linked loan to LeonardoGovernment finance€260m
26 Jun 2023European Defence Fund 2022 call resultsGovernment finance€832m
16 May 2024European Defence Fund 2023 call resultsGovernment finance€1.03bn
30 Apr 2025European Defence Fund 2024 call resultsGovernment finance€910m

More from Quantum Systems

M&A and investment involving Quantum Systems

DateDealTypeValue
2 Jul 2026Quantum Systems Series DVenture roundUS$1.2bn
6 May 2025Quantum Systems Series CVenture round€160m

Sources

  1. EIB supports drone start-up Quantum Systems with venture debt eib.org · 27 Jul 2021

About this record

Record DEF-2021-0021, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.

Read the structure

Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.