The Valhalla III was a stealth submersible strike carrier operated by U.N. Spacy. Capable of carrying six variable fighters, it could infiltrate and attack an enemy position. The Valhalla III‘s hull shifted when it changed to its attack and fighter launch modes. The Valhalla III‘s main armament was a 3-barrel beam cannon. In July 2047, the Valhalla III and the variable fighter team VF-X Ravens were assigned to rescue the kidnapped idol singer group Milky Dolls.