Armada (XRPN) news

GX Acquisition Corp III/Cayman files to raise $200M via SPAC IPO

GX Acquisition Corp. III, a newly organized blank check company incorporated in the Cayman Islands, has filed for a $200 million initial public offering (IPO) via a special purpose acquisition company (SPAC) structure. The offering includes 20 million units priced at $10.00 each, with each unit…

Armada Capital LLC / OK raises $156.2M; offering $181.2M: Form D

Bumi Armada 1Q revenue 306.6 million ringgit, -35% y/y

Bumi Armada Berhad Q1 2023 Financial Report Bumi Armada Berhad reported first-quarter revenue of RM306.6 million, representing a 35% year-over-year decline . The drop in revenue was primarily attributed to reduced vessel availability for the Armada Kraken FPSO and lower revenue from variation…

Mitsui & Co announces an investment in Armada, a U.S.-based company focused on AI infrastructure for industrial sites

Mitsui & Co., a Japanese multinational trading company, has joined the Series B funding round of Armada, a U.S.-based modular data center builder specializing in AI infrastructure for industrial and defense applications. The investment is part of Armada’s $230 million fundraising round, which…

Armada raises $230M in Series B at $2B valuation

Armada, a San Francisco-based edge computing and AI solutions provider, has raised $230 million in a Series B funding round, valuing the company at $2 billion as of May 2026. The funding round builds on previous investments, including a $40 million raise from Microsoft’s M12 venture fund in 2025.…