On Thursday, drone maker Quantum Systems announced that it had raised 180 million euros in a Series C funding round, bringing its valuation to 3 billion euros, or nearly $3.47 billion USD. The latest ...

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 ...

The company has supplied Ukraine with drones since Russia launched its full-scale invasion. Billionaire Peter Thiel is one of the investors backing the startup. German drone manufacturer Quantum ...

Quantum Systems was founded by former German army pilot Florian Seibel in 2015 to produce dual-use drones Share your thoughts and join the conversation in the comments.

Peter Thiel, born in 1967, is a German-American entrepreneur, venture capitalist, and political donor, known for co-founding PayPal and Palantir Technologies, as well as being the first outside ...

Peter Thiel and his friends feel they no longer belong to our species. Ad Policy Peter Thiel speaks at The Cambridge Union on May 8, 2024, in Cambridge, Cambridgeshire.(Nordin Catic / Getty Images for ...

From the outside, Musk's approach seems to be a "high-wire, crazy, risk-taking act," Thiel told Piers Morgan.

Billionaire investor Peter Thiel is relocating his home and personal investment firms to Los Angeles from San Francisco and scaling back his involvement in the tech industry, people familiar with his ...