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Quantum Systems, the German maker of unmanned surveillance aircraft, is exploring a merger with Stark, a start-up specializing in kamikaze drones.
The potential deal follows a $1.2 billion fundraising that the company says removed shareholder resistance to developing lethal weapons, clearing an internal obstacle that had kept Quantum Systems focused exclusively on surveillance.
$1.2 Billion Raise Ends Shareholder Opposition The fundraising proved decisive in resolving the impasse.
Quantum Systems said that until the $1.2 billion round closed, shareholder opposition had blocked the company from pursuing weapons development.
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