Covenant on Wednesday opened a 110,000-square-foot factory in Saxony, Germany, intended for the mass production of its Anthem ground-launched cruise missile as NATO partners look to replenish depleted inventories of precision-strike weapons.
The plant, located near Leipzig airport - described in public sources as a military logistical hub - is expected to supply its first shipments to at least two European customers in the first quarter of 2027, according to people familiar with the matter cited by Bloomberg. Covenant has said the Anthem can carry a warhead weighing more than 200 kilograms.
In a simultaneous announcement, the company revealed that it has emerged from stealth with a network of facilities that includes a 105,000-square-foot production site in Grand Prairie, Texas, and a 32,000-square-foot location in northern Israel. Covenant said the Texas site will enter serial production in the first quarter of 2027 and will scale toward an annual output of 5,000 units.
Financially, Covenant reported more than $250 million raised across three funding rounds led by Andreessen Horowitz, Founders Fund, Lux, 8VC, Aleph and Lightspeed. The company also said it has approximately $150 million in orders on its books to date; those bookings cover qualification, research and development, and multiple production contracts.
On the procurement and test front, Covenant is operating under an Other Transaction Agreement with the U.S. Army to support an accelerated test and qualification program. The company also holds a contract with the U.S. Navy’s Rapid Capabilities Office, valued at roughly $70 million, aimed at adapting the ground-launched Anthem into a Maritime Anthem variant.
Since the missile's maiden flight in August 2025, Covenant has flown the Anthem in excess of 200 times. The company has conducted multiple test flights with the U.S. Army at domestic and international locations, reflecting the role of those trials in its qualification timeline.
Operational footprint and timeline
Covenant now operates three primary facilities: the newly opened 110,000-square-foot Saxony plant, a 105,000-square-foot site in Texas slated for serial production beginning in early 2027, and a 32,000-square-foot facility in northern Israel. The company has linked its manufacturing expansion to planned deliveries in the first quarter of 2027 for European customers and to a production ramp in Texas aimed at achieving 5,000 units per year.
Contracts, bookings and testing
The startup has secured roughly $150 million in orders that encompass qualification work, research and development efforts, and production contracts. It is engaged with U.S. military acquisition pathways through an Other Transaction Agreement with the Army and a roughly $70 million Navy Rapid Capabilities Office award to develop a Maritime Anthem variant.
These elements together outline Covenant's stated pathway from flight-testing to qualification and scaled production, with timelines tied to the facilities opened in Germany, Texas and Israel.