Press Release General 2 min read

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

Array Labs has raised $21 million in an oversubscribed strategic investment round, anchored by Mitsubishi Electric Corporation, with continued participation from Catapult Ventures, Kompas VC, and Y Combinator.

Mitsubishi Electric Corporation Array Labs Catapult Ventures Kompas VC Y Combinator
Press ReleaseJuly 28, 2026
Mitsubishi Electric Corporation

Array Labs has successfully raised $21 million in an oversubscribed strategic investment round, with Mitsubishi Electric Corporation serving as the anchor investor. The funding round, which was announced on July 28, 2026, also saw participation from notable investors including Catapult Ventures, Kompas VC, and Y Combinator. This capital infusion will support Array Labs in advancing its innovative satellite-based maritime and aircraft tracking services, particularly aimed at defense and security customers in the Asia Pacific region.

Array Labs, headquartered in Silicon Valley, is at the forefront of developing advanced technologies to enhance the understanding of the physical world. The company is preparing to launch a coordinated fleet of radar satellites designed to provide high-resolution, continuously updated intelligence about the Earth’s terrain and activities, regardless of weather conditions or time of day. This latest investment follows Array's Series A funding round earlier in January 2026, underscoring the growing interest in its transformative approach to satellite technology.

Mitsubishi Electric Corporation, one of Japan's leading defense and aerospace contractors, brings extensive experience and infrastructure to this partnership. The company has been a key supplier of advanced electronics, radar, and satellite systems to the Japanese Ministry of Defense for over 50 years. Recently, Mitsubishi Electric was awarded a contract to develop Japan's next-generation defense satellite system, positioning it as a critical player in the defense technology sector. The collaboration with Array Labs is expected to leverage Mitsubishi's established relationships and manufacturing capabilities to enhance the delivery of moving object detection and tracking services.

The strategic partnership aims to combine Array Labs' cutting-edge technology with Mitsubishi Electric's operational expertise to create solutions that meet the evolving needs of defense and security customers. Both companies recognize the importance of integrating their strengths to address complex challenges in the security landscape. Executives from both firms have expressed optimism about the synergies that will emerge from this collaboration, highlighting the potential for innovation in satellite-based tracking technologies.

The successful fundraising and partnership come at a time when the demand for advanced surveillance and tracking systems is increasing, particularly in the Asia Pacific region. As geopolitical tensions rise and the need for enhanced security measures becomes paramount, investments in defense technology are likely to see continued growth. The collaboration between Array Labs and Mitsubishi Electric not only reflects this trend but also positions both companies to capitalize on emerging opportunities in the defense sector, paving the way for future advancements in satellite technology and intelligence gathering.

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