Peter Thiel Backs German Startup Delivering Drones to Ukraine
- Billionaire said Quantum-Systems is ‘leaps ahead’ of rivals
- The company plans docking stations to charge and launch drones
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German drone developer Quantum-Systems GmbH has received $17.5 million in new funding from investors including US billionaire Peter Thiel and German firms Project A Ventures and Sanno Capital.
Thiel hailed Quantum-Systems, which supplies the Ukrainian armed forces with reconnaissance drones, as “leaps ahead” of the competition, according to a statement Sunday.