Airbus Co-leads Quantum Systems' $1.2 Billion Series D Financing Round

European planemaker Airbus (AIR.PA) co-led a $1.2 billion series D financing round for German defense technology company Quantum Systems. Quantum Systems will use the financing to advance the delivery of its artificial intelligence-powered autonomous systems across air, land, and sea, according to a Thursday release. The transaction valued the company at $8 billion on a post-money basis Other co-leads included US-based alternative asset manager Blackstone, growth equity investment firm Noteus, and private equity investor Advent.