Latham & Watkins Advises Quantum Systems on €70 Million EIB Financing
Quantum Systems, the global powerhouse of unmanned systems, has announced new €150 million financings supported by the European Investment Bank (EIB) and leading European commercial banks, including Commerzbank, Deutsche Bank, and KfW. The long-term debt financing is designed to support the company’s continued growth and industrial scaling in Europe. Latham & Watkins LLP has advised Quantum Systems on its €70 million EIB loan as part of the financing. It marks the EIB’s second investment in Quantum Systems, following its €10 million investment in June 2021.
The Latham team comprised Munich corporate partner Burc Hesse, Munich banking partner Thomas Weitkamp, and counsel Martina Eisgruber.