Silicon Valley-backed Covenant unveils low-cost, mass-producible cruise missile
- On Wednesday, defense startup Covenant unveiled Anthem, a long-range, heavy-payload cruise missile designed for mass production to challenge major U.S. weapons makers backed by Silicon Valley investors.
- Ongoing conflicts in Ukraine and Iran have depleted Western missile stockpiles faster than major defense contractors can replenish them, creating urgent demand for affordable, mass-producible alternatives.
- Backed by $250 million in funding from investors including Andreessen Horowitz and Founders Fund, Covenant opened a 105,000-square-foot Dallas facility on Wednesday and has booked roughly $150 million in orders.
- The company announced two Department of Defense deals Wednesday: an Army testing program and a Navy maritime variant project valued at roughly $70 million, aligning with the Pentagon's Replicator Initiative.
- Designed for what Covenant President Abby Denburg called "the China fight," Anthem fills a gap between short-range drones and expensive legacy systems, with international deliveries beginning later this year.
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Covenant emerges from stealth with plans for low-cost cruise missiles
Two years after being founded in secrecy, U.S.-based Covenant, which has major operations in Israel, has gone public with details of its activities. Its missiles are designed as a low-cost alternative to weapons such as the U.S. Tomahawk
Covenant emerges from stealth and unveils Anthem, a deep‑strike precision missile
The secretive start-up is emerging from stealth with more than $250 million in funding, facilities in the US, Germany, and Israel, and plans to produce as many as 5,000 long-range weapons a year
Silicon Valley billionaires bankroll massive new missile arsenal for war with China
Covenant targets mid-six-figure price per Anthem missile at full-rate production
Covenant Challenges Big Defense with New Anthem Missile
Covenant, a defense startup, has unveiled Anthem, a heavy-payload, long-range cruise missile that is cost-effective and quickly producible. Developed over two years, it aims to compete against major defense contractors' expensive missiles. Covenant targets significant production capacities, with operations in the U.S., Germany, and Israel.
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