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€150M EIB-backed financing (Feb 2026). Nearing €200M raise at €3B valuation. 10,000-drone JV with Frontline Robotics for Ukraine production. Bundeswehr and UK MoD contracts. Vector AI drone for NATO.
Quantum Systems is a German defense drone company developing the Vector — a hybrid VTOL fixed-wing ISR drone that combines helicopter-like vertical takeoff with airplane-like efficient cruising flight — used by NATO militaries as a tactical intelligence, surveillance, and reconnaissance platform. The company secured €150 million in European Investment Bank-backed financing in February 2026 and is approaching a €200 million capital raise at a €3 billion valuation. Quantum Systems has a joint venture with Frontline Robotics to produce 10,000 Vector drones for Ukraine and holds long-term contracts with the German Bundeswehr and UK Ministry of Defence.
Founded 2016, Albuquerque NM. $105M Series B led by Lockheed Martin (2025). DoD contracts: $64M hypersonic SRMs, $67M Navy, $191M advanced SRM. Valued ~$591M on Forge.
X-Bow Systems is a next-generation defense propulsion company headquartered in Albuquerque, New Mexico, founded in 2016 by CEO Jason Hundley. The company specializes in the design, development, and production of solid rocket motors (SRMs) for national security, hypersonic weapons, and space applications. Its proprietary Additive Manufacturing of Solid Propellant (AMSP) technology — the core of its 'Rocket Factory in a Box' platform — replaces the traditional cast-and-pour method with a precision extrusion process that builds propellant grain geometry layer by layer, enabling faster development cycles, lower costs, and scalable production without sacrificing safety or reliability.
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