Israeli Defense Tech Firm Covenant Unveils Long-Range Missile System

Covenant, an Israeli defense technology company that has operated discreetly for two years, has officially revealed its primary weapon system, Anthem. This is a long-range, ground-launched cruise missile capable of carrying over 200 kilograms of payload. Founded in 2024, Covenant has secured over $250 million in funding across three investment rounds from prominent venture capital firms including Andreessen Horowitz, Founders Fund, Lux, 8VC, Lightspeed, and Aleph.

Covenant states that Anthem was designed for rapid, large-scale production, aiming to offer a more affordable alternative to existing cruise missiles, with a target price of a few hundred thousand dollars per missile at full production. The system utilizes many commercially available components, and the company has established long-term agreements for additional parts. Since its first flight in August 2025, Anthem has undergone over 200 test flights, including trials with the U.S. military.

In addition to its fundraising success, Covenant reports $150 million in orders and contracts. Furthermore, it has a $70 million contract with the U.S. Navy to develop a naval variant of Anthem and adapt the system for export to other nations. The company plans to commence serial production in the first quarter of 2027.

Covenant's production capacity is projected to reach 12,000 missiles annually across three sites: a Dallas facility aiming for 5,000 units, a German plant in Saxony with similar capacity, and a facility in northern Israel expected to produce 2,000 units per year. The company, headquartered in Washington, D.C., operates manufacturing facilities in the U.S. and Germany, alongside its R&D and production center in northern Israel. With over 200 employees across these locations, Covenant is continuing its recruitment efforts.

CEO and co-founder Michael Kaufman stated the system addresses the depletion of long-range precision missile stockpiles, while company president Abigail Denburg emphasized the development was driven by the need for large-scale, long-range strike capabilities.