Drone Technology Boom: German Startup Quantum Systems Reaches $8 Billion!

German drone startup Quantum Systems has become a growing force in the European drone sector amid the ongoing increase in military spending. The company raised $1.2 billion in its latest funding round, bringing its post-money valuation to approximately $8 billion. This milestone highlights Quantum Systems' future potential in military drone technology and the consolidation trend in the sector driven by rising European defense expenditures. Co-CEO Sven Kruck joins us on Bloomberg The Opening Trade to discuss the continuation of this growth trend and the company's future successes.