GoKawiilCovenant exits stealth with $250M and a Dallas missile factory
Defense startup Covenant announced it has emerged from stealth mode with $250 million raised across three funding rounds, backed by Andreessen Horowitz, Peter Thiel's Founders Fund, Lux, 8VC, Aleph and Lightspeed. The company opened a 105,000-square-foot factory in Dallas to build its Anthem long-range cruise missiles, aiming to produce 1,000 units in the first year starting in early 2027 and scaling to 5,000 annually.