Bengaluru / Augsburg / Munich, April 15, 2025 – RENK Gears Private Ltd., (RENK India), a subsidiary of RENK Group AG, a leading provider of drive solutions for military and civilian use, and Quantum Systems GmbH, the European market leader for real-time unmanned aerial reconnaissance, signed a Memorandum of Understanding today in India for a strategic partnership.
The signing took place in Bengaluru, located in the Indian state of Karnataka, where the two technology leaders were joined by Bavaria’s State Minister Dr. Florian Herrmann. RENK Gears Private Ltd. and Quantum Systems GmbH aim to cooperate more closely in the future in the areas of research and development, production, software development, and digitalization.
Both companies recently identified India as a key growth market.
“The cooperation is another strong signal for our location and underscores the ‘Make in India’ ambitions of the RENK Group,” said Praveen Mohan, Managing Director of RENK Gears Private Ltd.
India offers Quantum Systems a highly attractive strategic environment for sustainable growth. The country's defense and security spending is steadily increasing, accompanied by massive investments in high-tech and infrastructure projects. As a geopolitically important player with major civil and military challenges, India is an exciting market for ISR drone technology and aerial intelligence services.
Martin Karkour, Chief Sales Officer at Quantum Systems, said: “We are very proud to be expanding our activities in India with a local presence and a great partnership with RENK. With one of our biggest fleets already flying in the country, we now want to take the next step by adding local production, maintenance, and R&D.”
The RENK Group has maintained business relations in India for decades, as the country has been a strategic partner for Germany. The company is currently significantly expanding its production capacities in India for gearboxes, slide bearings and couplings for military and civilian applications. By 2025, a new roughly 7,000-square-meter production site for military and civilian applications will be built in India.
Quantum Systems also has a long-standing history of doing business in the region and is an established partner for India, including in the areas of land surveying and cadastral registration. In the future, the company will also be active in India for other government agencies.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2023, RENK Group AG generated revenue of EUR 926 million. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
About Quantum Systems
Quantum Systems is at the forefront of AI-powered aerial robotics, developing a family of smart systems that go far beyond traditional drones. Our advanced electric vertical take-off and landing (eVTOL) small Unmanned Aerial Systems (sUAS), combined with our Drone Port solution, are designed to deliver automated actionable aerial intelligence. Built on a foundation of in-house software and AI, our systems transform aerial data into critical insights, empowering decision-making across security, defense and public safety, as well as for the commercial, industrial and GIS sectors.
Featuring cutting-edge technology like edge computing and real-time AI-driven data processing, Quantum Systems enables operators to make informed decisions with unmatched speed and precision. Our solutions bring aerial intelligence to your fingertips, automating the entire process—from deployment to data analysis.
Founded in 2015 and headquartered at Special Airport Oberpfaffenhofen near Munich, Quantum Systems operates globally with locations in the United States, Australia, Ukraine and Romania. Our German-engineered technology is trusted worldwide, paving the way for a new era of data-driven solutions.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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