Armada Raises $230M at $2B Valuation for Modular Edge AI Data Centers — Customer Bookings Up 540% YoY

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Armada closed an oversubscribed $230M Series B co-led by Overmatch, BlackRock, and 8090 Industries at a $2B pre-money valuation, alongside a manufacturing deal with Johnson Controls to produce modular data centers at a new 400,000 sq ft Arizona factory starting this summer. Customer bookings grew 540% from FY25 to FY26, with Q1 FY27 alone seeing a 2,000% YoY spike — signaling explosive demand for edge AI compute in military, energy, and industrial sectors. The 'Galleon' product line ranges from suitcase-sized to multi-megawatt systems.