Covenant
Long-range precision strike weapons designed for mass production.
The product
Anthem, a long-range heavy-payload strike system, with mission planning and command-and-control software.
The thesis
Aims to expand U.S. and allied precision-strike inventories through affordable, scalable manufacturing.
How it runs
Uses commercial components and allied local supply chains across U.S., German, and Israeli facilities.
How it earns
Government R&D, qualification, and production contracts; the company reports approximately $150M in booked orders.
Why it wins
Designs the weapon and its logistics for production at scale and supports coordinated launches with its own software.
Evidence ledger
- Covenant via Business Wire · 2026-09-09
Company launch release confirms Washington DC headquarters, Anthem, 200+ flight tests, funding across three rounds, government orders, production plans, and maritime variant development.
https://www.businesswire.com/news/home/20260909151435/en/ - Covenant · 2026-10-08
Official site describes Anthem, local allied production lines, weekly flight iteration, and links the careers board.
https://www.covenant.com/ - Covenant via Business Wire / StreetInsider · 2026-09-09
Dated syndication of company-issued launch announcement at 6:00 AM EDT September 9 verifies exact publication date.
https://www.streetinsider.com/Business%2BWire/Covenant%2BEmerges%2BFrom%2BStealth%2BWith%2BAnthem%3A%2Ba%2BLong-Range%2C%2BHeavy%2BPayload%2BWeapon%2BSystem%2BBuilt%2Bto%2BClose%2Bthe%2BWest%E2%80%99s%2BDeep%2BPrecision%2BStrike%2BGap/27038485.html - web · 2026-09-09
Covenant disclosed more than $250 million in funding across three rounds The company-issued release does not disclose a funding-stage label for those rounds
https://www.businesswire.com/news/home/20260909151435/en/Covenant-Emerges-From-Stealth-With-Anthem-a-Long-Range-Heavy-Payload-Weapon-System-Built-to-Close-the-Wests-Deep-Precision-Strike-Gap - Forge Global · 2026-10-28
Forge Global lists Covenant’s last funding round as Series B and a Series B financing dated 2026-09-09.
https://forgeglobal.com/covenant_ipo/
Articles, news, and updates
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