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Defense Systems·Anthem

Covenant Exits Stealth with $250M Funding

3 sources · first reported 3d ago

Covenant has emerged from stealth with $250 million in funding and $150 million in booked orders for its Anthem long-range weapon system. The company is planning to produce 5,000 weapons a year from its Texas factory.

Why it matters

Covenant's emergence with significant funding and orders highlights the growing demand for advanced weapon systems, and its production plans could impact the defense industry's capabilities.

AcquisitionDoDHypersonics
Prime/Industry 1Independent Media 2

Development timeline

How this story unfolded across sources, oldest first.

  1. Dallas Innovates ·
    Defense Startup Covenant Exits Stealth With Grand Prairie Missile Factory and $250M Raise
  2. The Next Web ·
    Covenant leaves stealth with Anthem and factories in three countries
  3. Defence-industry · Primary
    Covenant exits stealth with $250 million funding, $150 million order book and Texas factory targeting 5,000 weapons a year