The drone robotics company Quantum Systems is on course for success. Since the start of the war in Ukraine, the company has also been selling its modular drones in a military context - and with great success. Just a few months ago, the start-up was able to expand its Series B to a full 100 million euros. Quantum Systems is now investing money in another Munich-based start-up. EFT Mobility is receiving a cash injection for its complete drive systems.
The associated press release mentions a "significant sum" that is flowing into EFT Mobility's account. The exact amount is not known. The only thing that is clear is that Quantum Systems is acquiring a majority stake in the drive developer with its investment.
EFT Mobility focuses on the development of advanced electric drive systems for various industries, including aviation and UAVs (Unmanned Aerial Vehicles). The startup specializes in both electric and hybrid-electric systems and offers flexible solutions for sustainable transport. The company will now develop and build the entire family of batteries and charging solutions for all Quantum Systems' UAV platforms.
You can find the entire article by Munich Startup (Saskia Doll) with more information here.
© Text: Saskia Doll | Munich Startup
© Image: EFT Mobility