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German drone manufacturer Quantum Systems is forecasting a strong year ahead, with Chief Financial Officer Jonas Jarosch revealing that the company expects its 2024 sales to more than double, surpassing €200 million. The rapidly expanding aerospace firm, known for its advanced unmanned aerial vehicles, continues to gain traction in the global defense sector. According to Jarosch’s comments to the Financial Times, Quantum Systems is positioning itself for even bigger growth, targeting annual revenues of up to €1 billion within the next few years.
The company’s remarkable rise has been fueled largely by its military clientele, which currently accounts for roughly 95% of total revenues. Its drones are used by allied forces including those in the United States, Australia, and several European nations seeking cutting-edge surveillance and reconnaissance technologies. As geopolitical tensions increase worldwide, demand for next-generation defense drones has accelerated, placing Quantum Systems among the emerging leaders in the sector.
Looking ahead, the company is weighing major strategic options to support its ambitious expansion plan. Jarosch confirmed that Quantum Systems is evaluating two potential paths: an initial public offering (IPO) or a private sale. While both options would provide significant capital to scale production and accelerate innovation, no final decision has been made. Jarosch noted that with the company’s valuation nearing €3 billion, the number of viable exit scenarios becomes more limited, putting additional importance on selecting the right growth strategy.
Despite the uncertainty surrounding its next move, Quantum Systems appears well-positioned to capitalize on booming demand for military drone technology. As the industry evolves, the company aims to strengthen its global footprint, enhance its technological capabilities, and secure long-term contracts with major defense partners. With sales expected to surge and expansion plans underway, Quantum Systems is emerging as one of Europe’s most watched drone manufacturers.
