Covenant Emerges From Stealth With Anthem: a Long-Range, Heavy Payload Weapon System Built to Close the West’s Deep Precision Strike Gap

Covenant launched today with the opening of a 105,000-square-foot factory in Texas, alongside facilities in Germany and Israel, $250 million in capital, and signed contracts in the U.S., Europe, and abroad

DALLAS--(BUSINESS WIRE)--Today's conflicts are consuming long-range precision strike missiles faster than the defense industrial base can replace them. To meet that need, Covenant is introducing Anthem, a heavy-payload, long-range weapon system designed for production in the thousands. Anthem delivers that payload and range at a fraction of the cost of comparable, legacy systems. Covenant also announced over $250 million in funding across three rounds led by Andreessen Horowitz, Founders Fund, Lux, 8VC, Aleph and Lightspeed.

“When you look at our adversaries, you see thousands of hardened targets, beyond the range of current capabilities,” said Michael Kaufman, Co-Founder and CEO of Covenant. “Anthem was built to credibly hold those targets at risk in a prolonged conflict. If our stockpiles run thin, so does our deterrence."

Since Covenant’s maiden flight in August 2025, the team has flown Anthem over 200 times, including multiple flight tests with the U.S. Army both at home and abroad. Flight tests have enabled Covenant to stress-test every element of Anthem’s design.

"In the first Replicator Initiative, we focused the Pentagon on moving fast to scale delivery of small, inexpensive autonomous systems,” said Kathleen Hicks, former U.S. Deputy Secretary of Defense and advisor to Covenant. “That same focus is needed to drive production and delivery of affordable capabilities at higher ranges and larger payloads. Covenant has built Anthem in direct alignment with Replicator's principles."

Beyond its industry-leading combination of payload, range, producibility, and price, Anthem was built as an end-to-end deepstrike solution. It is transported, stored, launched, and reloaded in ways that demand minimal strain and spend from the end customer. Covenant has also built its own mission planning and command-and-control software, allowing for coordinated, mass launch.

Most of Anthem’s parts are commercial-off-the-shelf (COTS), and the company has secured long-term, strategic agreements for other key components. Anthem’s production draws from local supply chains across allied nations, ensuring its capabilities are available to customers in wartime.

“Emerging from stealth and announcing our production plans marks Covenant’s next phase,” said Abby Denburg, President and Chief Growth Officer, Covenant. “Now the measure of our success is execution: delivering mission-critical capability to our customers on time, at scale, and with the performance they expect.”

Anthem’s US production will take place in a new, 105,000 square foot facility in Dallas, TX. It opens today and will begin serial production in the first quarter of 2027, ramping toward 5,000 units per year. Covenant has a similar 110,000 square foot facility in Saxony, Germany, backed by a European supply chain, and a 32,000-square-foot facility in Northern Israel.

“When Covenant looked across the country for a place to build, they found what we already know about North Texas. We have the workers, engineers, and innovators to get the job done,” said Congressman Jake Ellzey (TX-6). “From the first time I met with the Covenant team, it was clear they understood the mission at hand and the threat we face. They will be a strong addition to our defense community, and I’m happy to welcome them to Grand Prairie.”

“We don’t lack advanced weapons, we lack enough of them, and that’s a production question as much as technology one,” said Mike Garcia, former U.S. Representative and advisor to Covenant. “Anthem is Covenant's answer, a missile designed from day one to be built in the numbers a real fight demands."

Covenant has booked approximately $150 million in orders to date, including qualification, R&D, and multiple production contracts, with additional awards expected before year-end. Certain customers restrict public disclosure of their contracting activity. Covenant is under Other Transaction Agreement with the U.S. Army for an accelerated test and qualification program. The company is also under contract with the U.S. Navy's Rapid Capabilities Office (DONRCO) to adapt the ground-launched Anthem into a "Maritime Anthem" variant. This work is valued at roughly $70M with a cost-share component and funds Defense Exportability Features design modifications to accelerate export to our allies and partners.

"American Dynamism is about backing founders taking on the missions that matter most to America's national security and rebuilding the West's long-range strike arsenal is at the top of that list," said David Ulevitch, General Partner, Andreessen Horowitz. "Covenant has the technical depth and the urgency the mission requires, and the company has already proven it in the air, not on paper."

Covenant is scaling its team across engineering, manufacturing and operations roles at its Texas site.

About Covenant

Covenant is a global defense company headquartered in Washington, D.C., building long-range precision strike weapons for the United States and its allies. Its flagship weapon system, Anthem, combines heavy payload and long range at a fraction of the cost of comparable legacy systems, with production volumes designed to meet the demands of prolonged conflict. Designed as an end-to-end weapon system that is simple to store, transport, and field, Anthem is produced in the United States, Germany, and Israel. For more information, visit covenant.com.

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