A phaser array generally found on small but high-powered Starfleet shuttlecraft, the Type V is generally considered to be the next feasible replacement for the Type IV array found on several thousand shuttles throughout the Federation.
While not as powerful as the Type VI or Type VII, what it lacks in strength and longevity is more than made up for in its simplicity. Indeed, it rivals even the modern Type IV variant commonly found on shuttlecraft for ease of construction, maintenance and repair.