Missile firm Covenant, based within the US by entrepreneur Michael Kaufman, with facilities of exercise in Israel and Germany, has emerged from stealth. The protection firm has unveiled long-range weapons techniques, agreements with the US army, a brand new manufacturing facility in Dallas and a complete of $250 million in funding from traders in protection giants comparable to Palantir, Anduril and Kela.
After various intriguing trials that demonstrated the corporate’s actions, Covenant has unveiled a “long-range, heavy payload weapon system known as Anthem, which, in accordance with trade estimates, could make up the depleted stock and sluggish manufacturing charges of long-range missiles within the West – such because the US Tomahawk missiles and the Franco-British Storm Shadow missiles – a inventory that has been depleted following the wars in Iran and Ukraine.
Based on the corporate, Anthem has been developed due to “the fast depletion of long-range precision missiles in current conflicts, that are being consumed at a quicker charge than the protection industries can renew them. Massive-scale manufacturing is meant to permit for the upkeep of an out there inventory even throughout a protracted battle.”
Based on estimates, it is a long-range missile that may be mass-produced within the 1000’s per yr and at an estimated price of a number of hundred thousand {dollars} per unit.
Covenant says the weapon system is designed to be produced and operated on a big scale and consists of options for storage, transport, launch and reloading; in addition to software program that permits mission planning and administration; and command and management to coordinate large-scale launches in a more cost effective method than present infrastructures – in troops and cash.
“Most of Anthem’s elements are commercially out there gadgets, and for added key elements, Covenant has secured provide by long-term agreements. “Manufacturing depends on suppliers in a number of international locations, to allow steady manufacturing on a big scale and keep system availability even in wartime,” the corporate mentioned.
Whole fundraising of $250 million
Covenant additionally introduced over $250 million in funding throughout three rounds led by Andreessen Horowitz, Founders Fund, Lux, 8VC, Aleph and Lightspeed.
After about 200 flights carried out by Anthem since 2025 as a part of numerous trials – together with with the US army – the corporate is inaugurating a brand new manufacturing facility in Dallas, Texas overlaying 10,000 sq. meters, which may be added to a different manufacturing facility that the corporate operates in Saxony, Germany, on the same space, alongside an R&D and manufacturing facility in Israel that covers 3,000 sq. meters.
Covenant guarantees to achieve a manufacturing charge of 5,000 Anthem items per yr in the long run on the new manufacturing facility in Dallas, and revealed that it has thus far an orders backlog and contracts value $150 million, and that it’s anticipated to obtain further orders by the tip of the yr.
The corporate is working underneath an settlement with the US Military to speed up the testing and certification means of the system. Covenant signed a contract with the US Navy value $70 million to develop a naval model of Anthem and adapt the system for export to further international locations. The corporate is hiring within the US, Germany and Israel, to broaden growth, manufacturing and program administration groups within the three international locations.
“Sustaining deterrence”
Based on “Protection Information,” the scarcity of long-range cruise missiles following the Iran conflict led the US Division of Protection to ascertain the GBAM program to ascertain manufacturing and operational techniques for guided and autonomous surface-to-surface missiles at a value of lower than $250,000 per unit, which might be prepared for demonstration inside three months and will enter full manufacturing inside a yr and a half. As well as, the Pentagon launched a program known as FAMM to launch cruise missiles from plane. Covenant didn’t reply to the query of whether or not it will participate in these packages.
Covenant CEO Michael Kaufman mentioned, “While you take a look at our adversaries, you see 1000’s of hardened targets, past the vary of present capabilities. Anthem was constructed to credibly maintain these targets in danger in a protracted battle. If our stockpiles run skinny, so does our deterrence.”
“Within the first Replicator Initiative, we centered the Pentagon on transferring quick to scale supply of small, cheap autonomous techniques,” mentioned Kathleen Hicks, former U.S. Deputy Secretary of Protection and advisor to Covenant. “That very same focus is required to drive manufacturing and supply of reasonably priced capabilities at greater ranges and bigger payloads. Covenant has constructed Anthem in direct alignment with Replicator’s ideas.”
Printed by Globes, Israel enterprise information – en.globes.co.il – on September 9, 2026.
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