In-Q-Tel helped Quantum Systems win CIA and FBI drone work
Co-CEO Sven Kruck said the investor opened Washington doors; Quantum Systems is now valued at about $8B.
By RuntimeWire Staff · Published
Primary source: Reuters
Why it matters
Quantum Systems shows how defense founders can use strategic investors as distribution partners. The same access that opens US contracts can also place export controls and government influence around European technology.
Quantum Systems was founded by former German military pilot Florian Seibel and three engineering colleagues. The company gained its early US foothold after intelligence-linked investor In-Q-Tel helped it reach buyers inside the CIA and FBI.…