Array Labs Raises Additional $21M in Strategic Investment, Anchored by Mitsubishi Electric

Array Labs has raised $21 million in an oversubscribed strategic investment round, anchored by Mitsubishi Electric Corporation, one of Japan’s …
Array Labs Raises Additional $21M in Strategic Investment, Anchored by Mitsubishi Electric

Array Labs has raised $21 million in an oversubscribed strategic investment round, anchored by Mitsubishi Electric Corporation, one of Japan's largest defense and aerospace companies, with continued participation as well from Catapult Ventures, Kompas VC, and Y Combinator.

As part of the financing, Array Labs and Mitsubishi Electric have also entered into a partnership to develop and bring to market, satellite-based airborne tracking services for defense and mainly security customers in the Asia Pacific Region.

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Joshua Faleti
Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.
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