US space tech startup Array Labs raises $21 million
The investment round was anchored by Mitsubishi Electric Corporation. Array Labs and Mitsubishi Electric have also entered into a partnership to develop and bring to market satellite-based maritime and aircraft tracking services for customers in Asia-Pacific.
Array Labs, a Silicon Valley space tech startup, has raised USD 21 million in an oversubscribed strategic investment round, anchored by Japan’s Mitsubishi Electric Corporation, with continued participation from Catapult Ventures, Kompas VC, and Y Combinator.
Array Labs and Mitsubishi Electric have also entered into a partnership to develop and bring to market satellite-based maritime and aircraft tracking services for defense and security customers in the Asia Pacific Region, according to a media release.
This investment follows Array’s Series A fundraise, announced in January 2026. Mitsubishi Electric supplies advanced electronics, radar and satellite systems to the Japanese Ministry of Defense. In February 2026, it was awarded a contract to develop and manufacture Japan’s next-generation defense satellite system.
“We are very pleased to collaborate with Array Labs, which aims to demonstrate its game-changing AMTI technology,” said Masahiko Arai, Executive Officer, Company President, Defense and Space Systems, Mitsubishi Electric Corporation. “By combining the technological capabilities and maximizing the synergies of our two companies, we expect to strengthen our ability to respond comprehensively to customer needs in the security field.”
“Mitsubishi Electric Corporation’s deep mission insights and defense relationships across Asia-Pacific make them an ideal partner,” said Andrew Peterson, CEO and cofounder of Array Labs. “We’re excited to work together to turn space-based AMTI into an operational reality, helping humanity better understand the physical world.”
