Est. 2001·3,000+ placements · six offices · four regions

Company signals · Defence Technology

Quantum Systems

1 signal in the current window, with MitchelLake's leadership read on each.

Market context: The wider read — a Talent Market Index of 98.6 (Neutral), down 1.4 month-on-month — shows EMEA signal flow steady (-1.1pts).

Quantum Systems: 1 signal in the last 90 days — in line with the Defence Technology median of 1 across 43 tracked companies; 0.1% of MitchelLake's EMEA signal flow.

Signals at Quantum Systems

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Capital Raising · EMEA

Electro Optic Systems Holdings Ltd

EOS raised $150M via institutional placement at $8.00/share plus $40M private placement from Calidus (UAE defence company) to fund MARSS acquisition and increase balance sheet flexibility

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Destinus

Destinus, Netherlands-based defence startup manufacturing cruise missiles and autonomous drones, is raising approximately €200M ahead of planned IPO with valuation target exceeding €5B

Capital Raising · EMEA

Helsing

Helsing, a European military drone startup backed by Daniel Ek, is close to raising $1.2B at an $18B valuation

Leadership Change · EMEA

Saab

Anders Arpteg, former AI chief at Spotify, Peltarion, and Swedish Security Police, took over as AI Chief at Saab in November 2025. He is now giving his first media interview highlighting AI's impact on product development cycles.

Restructuring · EMEA

Rheinmetall

Rheinmetall divesting its struggling Power Systems automotive division to Munich-based Aequita for approximately €350 million, completing strategic pivot to focus exclusively on defense sector amid European defense spending surge

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