Signal Covenant Emerges from Stealth and Unveils Anthem, a Deep-Strike Precision Missile

Summary

Defense startup Covenant, founded in 2024, emerged from stealth mode and unveiled "Anthem," a deep-strike precision missile, after raising more than $250 million from investors including Andreessen Horowitz and Founders Fund. Anthem is built from commercial off-the-shelf (COTS) components and designed for mass production, aimed at addressing Western shortages of precision munitions. The company operates production facilities in Dallas (105,000 sq ft), Leipzig, Germany (110,000 sq ft), and northern Israel (32,000 sq ft), with the U.S. facility targeting an annual output of 5,000 units starting in early 2027. Covenant has completed more than 200 test flights and is collaborating with the U.S. Navy's Rapid Capabilities Office on a maritime variant. The company has secured roughly $150 million in orders so far, in a context connected to the Pentagon's Replicator Initiative.