CIA-backed investor helped top German drones firm break into US: Reuters
Sven Kruck said U.S. investors helped Quantum Systems win intelligence work and build factories and staff in the United States.
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7 Articles
The German drone builder benefited from US investor In-Q-Tel's entry into the US market. The case shows the growing importance of US capital for Europe's defence industry.
EXCLUSIVE: CIA-backed investor helped top German drones firm break into US
German drone maker Quantum Systems gained an early foothold in the United States with help from CIA-linked investor In-Q-Tel (IQT), its co-CEO said, highlighting how U.S. capital and networks continue to shape Europe's emerging defence companies.
The investor IQT, founded by intelligence staff, paved the way for drone manufacturer Quantum to the CIA and FBI. IQT now wants to invest more in Germany. This is not a good thing in politics everywhere.
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