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Covenant raises $250M+ funding; plans large-scale long-range missile production in early 2027

Defense technology startup Covenant announced more than $250 million in funding and plans to begin large-scale production of a lower-cost long-range missile system in early 2027. Its Anthem weapon is designed to carry heavy payloads over long distances.

Defense technology startup Covenant on Wednesday said it raised more than $250 million in funding and plans to begin large-scale production of a lower-cost, long-range missile system in early 2027. The privately held company said its Anthem weapon is designed to carry heavy payloads over long distances.