Mitsubishi Heavy Industries and Preferred Networks Form Capital and Business Alliance
Mitsubishi Heavy Industries, Ltd. (MHI) and Preferred Networks, Inc. (PFN) today announced that they entered into a capital and business alliance agreement on August 31, 2026. In June 2026, the two companies announced an initial business alliance(1) to jointly develop cutting-edge AI technologies to enhance the intelligence and autonomy of machinery and systems across mission-critical domains, including social infrastructure and national security.