
Quantum Systems’ Trinity Pro, an eVTOL fixed-wing mapping drone. | Source: Quantum Systems Quantum Systems last week said it has raised $1.2 billion in Series D funding. The defense drone supplier said this latest round brought its valuation to more than $8 billion. “The future is unmanned. Defense will be defined by autonomous systems that can operate together across domains in real time,” stated Florian Seibel, co-founder and co-CEO of Quantum Systems. “With Quantum Systems,
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A defense drone supplier completed a Series D funding round, raising $1.2 billion and bringing its valuation to more than $8 billion. The company plans to use the proceeds to expand production capacity, strengthen supply chain resilience, and invest in software and AI capabilities. The funding reflects the company's triple-digit growth, double-digit profitability, and proven operational deployments, including over 19,000 missions executed in Ukraine in 2025. The company also deepened a strategic collaboration with a major aerospace defense company to develop next-generation defense capabilities through combined software and AI competencies.

Kraken Robotics said it hopes to transform subsea intelligence with 3D imaging sensors, power systems, and uncrewed maritime systems. | Source: Kraken Robotics Kraken Robotics Inc. last week acquired Covelya Group Ltd. for around $432 million USD ($615 million CAD). Kraken said this acquisition aligns with its goal to deliver value to customers through a portfolio of dual-use technologies. “This acquisition positions Kraken as a global provider of mission-critical, dual-use subsea intelligence

Mistral AI, which offers some open source AI models, has raised significant funding since its creation in 2023, with the ambition to “put frontier AI in the hands of everyone.”

The collaboration signals growing interest in bridging AI research with creative and media applications.
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