Quantum Systems Set to Win $246 Million German Army Drone Order

A Quantum Systems Falke surveillance drone.Source: Quantum Systems

The Peter Thiel-backed startup Quantum Systems is set to receive a €210 million ($246 million) contract to deliver surveillance drones to the German military next year, a sum that represents three-quarters of the company’s projected revenue for all of 2025.

The German government will order 520 Falke surveillance systems for delivery in 2026, with options for further orders of 500 more between 2027 and 2032, according to a document reviewed by Bloomberg News.