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