Latest news with #QuantumSystems
Globe and Mail
31-07-2025
- Business
- Globe and Mail
U.S. Drone Industry Investment Surging Amid Sweeping Legislative Reforms
NEW YORK, July 31, 2025 /CNW/ -- A recent article from drone industry insider, said that: "The drone industry in the United States is experiencing a surge in investment and capital flow, as a series of legislative measures and executive directives reshape the procurement and manufacturing environment for both established and emerging drone companies. Recent months have brought a flood of funding announcements, with sector analysts citing a direct connection to strengthened national policy and focused government demand." It continued: "May through July 2025 have seen major investment rounds for American drone manufacturers and allied suppliers. Standout examples include Firestorm Labs' $47 million Series A —led by major defense and technology investors—intended to accelerate domestic, modular drone production for federal contracts. Quantum Systems, a key player in dual-use and military aviation technologies, completed a €160 million Series C round in May 2025, further underlining investor appetite for companies positioned to serve government needs. Likewise, Unusual Machines (UMAC) witnessed a dramatic 40% surge in its stock price following announcements of expanded Pentagon procurement budgets and relaxed purchasing rules. High-profile public offerings, such as AIRO Group 's successful IPO in June, have been accompanied by substantial private and public funding across the sector, with analysts on platforms like Nasdaq noting a sharp spike in capital formation and confidence among U.S.-based drone firms." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc. (NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO).
Yahoo
31-07-2025
- Business
- Yahoo
U.S. Drone Industry Investment Surging Amid Sweeping Legislative Reforms
MarketNewsUpdates News Commentary NEW YORK, July 31, 2025 /CNW/ -- A recent article from drone industry insider, said that: "The drone industry in the United States is experiencing a surge in investment and capital flow, as a series of legislative measures and executive directives reshape the procurement and manufacturing environment for both established and emerging drone companies. Recent months have brought a flood of funding announcements, with sector analysts citing a direct connection to strengthened national policy and focused government demand." It continued: "May through July 2025 have seen major investment rounds for American drone manufacturers and allied suppliers. Standout examples include Firestorm Labs' $47 million Series A—led by major defense and technology investors—intended to accelerate domestic, modular drone production for federal contracts. Quantum Systems, a key player in dual-use and military aviation technologies, completed a €160 million Series C round in May 2025, further underlining investor appetite for companies positioned to serve government needs. Likewise, Unusual Machines (UMAC) witnessed a dramatic 40% surge in its stock price following announcements of expanded Pentagon procurement budgets and relaxed purchasing rules. High-profile public offerings, such as AIRO Group's successful IPO in June, have been accompanied by substantial private and public funding across the sector, with analysts on platforms like Nasdaq noting a sharp spike in capital formation and confidence among U.S.-based drone firms." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc. (NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Draganfly Inc. (NASDAQ: DPRO). also discussed The Legislative Engine Behind The Sector's Momentum, saying that: "This wave of investment activity is not happening in a vacuum. It traces directly to a package of legislative and regulatory moves in Washington, including: Executive Order: "Unleashing American Drone Dominance" (June 2025), which mandates prioritization of U.S.-made drones for all federal agencies, streamlines procurement processes, and introduces targeted funding lines for "consumable" drone assets. - DoD Procurement Directive (July 2025), which accelerates purchase timelines and expands budgets, ensuring military branches can rapidly deploy domestically produced drone platforms. - FY2025 National Defense Authorization Act (NDAA) and accompanying tariffs and restrictions, which impose new barriers on foreign drones and provide direct grant support to American manufacturers. - Grant Programs under new acts, allowing state and municipal agencies to tap federal funding for the procurement of American drones, exponentially widening total addressable demand." It concluded: "These sweeping actions have collectively signaled to investors that government commitment to domestic drone production is not only robust but rapidly escalating. Multiple funding announcements and investor statements specifically cite these legislative shifts as underpinning new rounds of capital deployment." ZenaTech (NASDAQ:ZENA) ZenaDrone Initiates AUVSI Membership Upgrade, Enabling Leadership on Drone Policy and Strengthening US Defense and Government Engagement - ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces its drone subsidiary ZenaDrone has initiated upgrading its membership to the Advocacy level with the influential Association for Uncrewed Vehicle Systems International (AUVSI), enabling it to join both the Defense Advocacy Committee and Air Advocacy Committee. This upgrade enables the company to engage alongside top US drone and defense innovators, such as Skydio, Anduril, Leidos and Shield AI, to elevate its leadership role in shaping critical drone policy and procurement as well as deepening relationships with important stakeholders and decisionmakers. "This is a clear investment in speed to market and long-term procurement success," said Shaun Passley, Ph.D., ZenaTech CEO. "By joining AUVSI's Defense and Air Advocacy Committees, ZenaDrone gains direct access to the policy, compliance, and acquisition conversations that shape Department of Defense agency procurement. It positions us alongside trusted defense leaders and innovators, accelerating our path to Green and Blue UAS certification by strengthening our ability to meet the security, interoperability, and regulatory expectations of federal buyers and leverage growth opportunities." Through an upgraded Advocacy membership, ZenaDrone will be able to collaborate with AUVSI's network of industry leaders and regulators to influence federal drone policies and shape the future of the drone industry in the US. This participation provides direct access to federal decision-makers, enabling influence on key policy areas such as BVLOS (Beyond Visual Line of Sight) regulation and streamlined procurement, while ensuring the company's drone platforms remain aligned with the evolving operational needs and priorities of US defense and government agencies. This involvement comes at a pivotal time, as recent Executive Orders and policy directives from the White House and Department of Defense accelerate support for NDAA-compliant, secure, and domestically produced drone technologies. These directives now move toward implementation, requiring practical policy frameworks and procurement processes—an area where ZenaDrone aims to contribute meaningfully. Founded in 1972, AUVSI is the largest nonprofit advancing uncrewed and autonomous systems through innovation, policy, and collaboration. It connects government, industry, and academia to drive safe, efficient integration of emerging technologies. The Air Advocacy Committee shapes policies to expand drone operations in national airspace, while the Defense Advocacy Committee influences defense acquisition policies and promotes NDAA-compliant drone technology. Continued… Read this full release and additional news for ZENA by visiting: Other developments in the drone/UAV & Military industries include: Draganfly Inc. (NASDAQ: DPRO), an award-winning developer of drone solutions and systems developer, recently announced the sale of Commander 3XL Unmanned Aerial Vehicle (UAV) systems to a globally recognized defense contractor specializing in persistent surveillance technologies for military operations. A trusted partner to U.S. and allied defense forces for decades, the client is one of the world's leading providers of persistent surveillance platforms. Its systems are deployed across key Department of Defense (DoD) and allied installations, delivering reliable, persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. The Commander 3XL's modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs. The systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside and integrated with persistent platforms and ground-based command centers. EHang Holdings Limited (NASDAQ: EH), the world's leading urban air mobility ("UAM") technology platform company, recently announced that it has entered into a strategic partnership agreement with Reignwood Aviation Group. Leveraging their respective strengths, the two parties will collaborate under China's national strategy for developing the low-altitude economy, guided by the principles of technology empowerment, scenario-driven innovation, and global expansion. Together, they aim to set a global standard for integrating traditional general aviation with next-generation electric vertical take-off and landing ("eVTOL") aircraft. According to the agreement, Reignwood Aviation Group plans to deploy eVTOLs at scale, prioritizing at its operational hubs in key cultural and tourism destinations. The partnership will begin with consumer-facing applications such as low-altitude tourism and related ground services. Over time, the cooperation will further expand to UAM field to build a three-dimensional urban transportation network. In the long term, the two parties aim to expand to more scenarios and low-altitude services including passenger transportation, aerial logistics, emergency response, etc. AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain autonomous systems, recently revealed Skyfall—a potential future mission concept for next-generation Mars Helicopters developed with NASA's Jet Propulsion Laboratory (JPL) to help pave the way for human landing on Mars through autonomous aerial exploration. The concept is heavily focused on rapidly delivering an affordable, technically mature solution for expanded Mars exploration that would be ready for launch by 2028. Skyfall is designed to deploy six scout helicopters on Mars, where they would explore many of the sites selected by NASA and industry as top candidate landing sites for America's first Martian astronauts. While exploring the region, each helicopter can operate independently, beaming high-resolution surface imaging and sub-surface radar data back to Earth for analysis, helping ensure crewed vehicles make safe landings at areas with maximum amounts of water, ice, and other resources. The data Skyfall collects could also advance the nation's quest to discover whether Mars was ever habitable. Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, recently announced that it will publish financial results for the second quarter 2025 after the close of market on Thursday, August 7th. Management will discuss the Company's operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern). The call will be available at Participants may register for the call using this Online Form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. For those who cannot access the live broadcast, a replay will be available on Kratos' website. DISCLAIMER: (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU'S market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. Contact Information: Media Contact email: editor@ - +1(561)486-1799 Logo - View original content to download multimedia: SOURCE MarketNewsUpdates View original content to download multimedia:
Euractiv
10-07-2025
- Business
- Euractiv
Europe's sweet spot: Dual-use tech for security and sovereignty
Where wars are no longer won by who has the most boots on the ground, but by who deploys the fastest drone swarm, who can protect their critical energy grid from cyberattacks, and who processes intelligence at machine speed – not ministerial pace. In this world, every power outage, water failure or disrupted satellite signal is not just an inconvenience, it could be an act of war. In this world, Europe is falling behind. And yet, his is also a world where Europe holds a secret weapon: our industrial strength, our tech talent and a unique position at the intersection of civil innovation and strategic security. Europe's strategic sweet Spot Dual-use technologies – those serving both civilian and military purposes – are Europe's strategic sweet spot. They sit at the crossroads of innovation and security, but without the market scale needed to win the tech race. A digitally modernised and secure energy grid is efficient and good for the environment, but it is also resilient to cyberattacks. High-speed 5G and satellite communication is as vital for battlefield communication as it is for data driven businesses. Drones and anti-drone equipment can prevent cyber-attacks on water or energy facilities, but they can also defend soldiers at the frontline in war. Over 80% of targets in Ukraine are hit by cheap drones connected to the AI and earth ground control planform Delta. Drone Tech, green tech, cyber defence tools, satellites, applied AI – these are areas where Europe excels and but lacks demand and therefore companies are looking for other markets to scale and innovate. The EU is facing a major opportunity to build the future defence, but not through loans to traditional defence-equipment and spending county by country. This time around we do this right, let spend 50% of the EU defence fund building EU dual-use capabilities utilising the European market scale, not national nitty-gritty budget. Speed over tradition The war in Ukraine has shown that military advantage is no longer determined by the biggest spenders but by the most agile innovators. Billion-euro tanks and warships are being neutralised by €5,000 drones. Innovation cycles have shrunk from years to weeks. Yet Europe still defaults to traditional models. Germany's €100 billion defence package went largely to tanks and planes, whilst Quantum Systems – a Bavarian drone, satellite an AI platform firm and winner of the DIGITALEUROPE Future Unicorn – delivered over 1,000 drones to Ukraine. Germany's own army ordered just 14. Companies like Quantum need scale and faster procurement, not more paperwork, and unless they get it in EU, they need to go to US. Success today depends on speed, scale and client references, we do not need R&D funding, unless connected to procurement and real business deals – we do innovation for a living. Escaping the regulation trap Europe is world-class at regulation – but regulation doesn't build tech champions. The Draghi report estimates €200 billion in annual compliance costs from EU rules. For tech firms, the true burden is likely far greater. Excessive complexity stifles speed and scalability – essential ingredients in today's global markets. Positive steps are underway. The Commission is working on a 'digital package' to simplify compliance with the EU's digital rules, including importantly on cyber. But we must go further – we must look at both the Data Act and the AI Act to avoid a compliance cliff for companies. A delay in the application of these laws is necessary so that we can seriously streamline these rules to make sure they don't hurt our most promising European digital champions, from medical devices to energy and industrial manufacturing. From spending to building Europe's public sector spends nearly €9 trillion annually – half our GDP. But spending alone is not enough. How we spend is what matters. Fragmentation across 27 countries weakens our impact. As Enrico Letta and Sauli Niinistö rightly observed in their reports, we need cross-border, mission-driven programmes that consolidate efforts and protect critical infrastructure – our energy, water, data centres, transport and hospitals. This is where dual-use tech can shine: protecting European Citisens whilst building up scalable markets for European dual use and defence capabilities. In short, let us address the second battlefield and the thousands of hybrid attacks on critical infrastructure whilst building the capabilities that will define winning or losing at the physical battlefield at war. Strategic Openness Some call for 'Buy European' policies. But shutting others out won't make us stronger. The US 'Buy American' model, in place since 1933, doesn't exclude foreign ownership – it incentivises building and scaling innovations in America. Europe should adopt a similar approach: 'Built in Europe.' Let's attract European and allies' investment, encourage European and foreign companies to manufacture and share know-how here, and ensure that public contracts go to firms that contribute to European resilience – regardless of nationality. This is not about protectionism. It's about strategic industry capacity. Five steps to reclaim tech leadership 1. Streamline regulation – Eliminate duplication, simplify implementation, and harmonise across Member States. 2. Turn research into revenue – demand commercialisation strategy and industry involvement in R&D funding – only a third of European inventions are commercialised here. That must change. 3. Make dual-use tech our launchpad – Focus EU funds on 10 cross-tech procurement and innovation projects that protect critical infrastructure. 4. Fix procurement – Reward security, innovation and speed over price and solidity. 5. Adopt 'Buy Built in Europe' – Build strategic scale whilst remaining open and globally competitive. Europe's defining opportunity Europe has the talent, innovation and values to lead. What we need now is direction and urgency. We won't build tech champions through isolation. Nor will regulation alone protect us. Our best chance lies in embracing dual-use and defence technologies – where Europe already has capabilities, and where market demand is growing fast. By investing in technologies that protect our societies and drive our economies, we can simultaneously enhance security, create jobs, attract investment and build globally competitive firms and get ready and build capacity for the war frontline. This is Europe's sweet spot where they do not need to fight old doctrines of national sovereignty on defence – large-scale pan-European procurements and investments on dual use tech for protection of civil critical infrastructures. Let's act decisively – and lead with it. Cecilia Bonefeld-Dahl is the Director-General of DIGITALEUROPE.
Yahoo
20-06-2025
- Business
- Yahoo
IBM Announces Quantum Milestone
Jerry Chow, IBM Fellow and Director of Quantum Systems at IBM Research, explains the company's latest milestone in its effort to build the world's first fault-tolerant quantum computer. Chow speaks with Caroline Hyde on "Bloomberg Tech."
Yahoo
06-06-2025
- Business
- Yahoo
Quantum Systems Opens New U.S. Facility to Scale Delivery of AI-Powered ISR Solutions
MOORPARK, Calif., June 6, 2025 /PRNewswire/ -- Quantum Systems, a leader in electric vertical take-off and landing (eVTOL) aerial intelligence solutions, today announced the grand opening of its new 135,000-square-foot U.S. production and integration facility at 609 Science Drive in Moorpark, CA. This site marks a significant expansion of Quantum Systems' U.S. footprint and represents a critical step in responding to the growing demand for its tactical uncrewed aerial systems (UAS), enabling the company to deliver scalable innovation at speed. Strategically located in Southern California, the new site will support defense and security partners across North America and Latin America. Quantum Systems expects to employ more than 100 professionals in Moorpark and the greater Ventura County area by the end of 2025, contributing to the region's expanding aerospace and defense ecosystem. "This is more than a new building. It's a launchpad for scaled innovation," said Dave Sharpin, CEO of Quantum-Systems Inc. "We're investing in the future of defense technology with a facility built to meet the demand for affordable mass, AI-powered ISR, and accelerated fielding of next-generation systems. We're proud to grow our workforce in Southern California and to serve our customers with even greater speed and agility." Renovated and outfitted to support the full development lifecycle, the facility houses secure manufacturing lines, engineering labs, in-house flight operations, research and development areas, and administrative and leadership offices. This integrated environment enables end-to-end production, coordination, and refinement of Quantum Systems' Family of Systems—including Vector AI, Twister, and Reliant—while significantly reducing lead times and increasing responsiveness to evolving mission requirements. With active operations in Germany, Australia, Ukraine, Romania, and the UK, Quantum Systems continues to expand its global footprint to meet increasing demand for autonomous, modular ISR solutions. Operations across the United States have now been consolidated at the Science Drive location, replacing the company's previous sites in Moorpark. This centralization streamlines production and enhances collaboration across functions to support defense and security customers. To commemorate the opening, Quantum Systems is hosting a grand opening event today, welcoming defense officials, industry partners, and media for a firsthand look at its scalable approach to aerial intelligence, built around modular design, autonomy at the edge, and deep system interoperability. To learn more about Quantum Systems' ISR capabilities or to request additional information, visit or contact info@ About Quantum-Systems Inc. Quantum-Systems Inc. delivers AI-powered aerial intelligence solutions designed for frontline forces operating in dynamic and contested environments. Specializing in advanced uncrewed aerial systems (UAS), Quantum-Systems Inc. provides autonomous ISR, real-time situational awareness, and decision-making superiority for warfighters. Its modular eVTOL platforms and AI-driven mission autonomy enable seamless operations across multi-domain environments, while a commitment to interoperability and open-architecture design supports rapid integration with existing defense ecosystems. With a Family of Systems built on in-house hardware, software, and AI, Quantum-Systems Inc. equips U.S. and allied defense forces with next-generation ISR capabilities to stay ahead of emerging threats. Located in the United States, Quantum-Systems Inc. operates globally as part of Quantum-Systems GmbH, with additional facilities in Germany, Australia, Ukraine, Romania, and the UK. Its combat-proven technology is trusted by warfighters and defense agencies worldwide, advancing the future of AI-powered aerial intelligence. Media ContactMakayla ThomasSenior Marketing Managerinfo@ View original content to download multimedia: SOURCE Quantum-Systems Inc. Sign in to access your portfolio
