A defence company nobody had heard of on Tuesday opened a 105,000 square foot missile factory in Texas on Wednesday.
Covenant came out of stealth this morning. It announced Anthem, a long-range weapon system it says is designed for production in the thousands, along with more than $250m raised across three rounds and roughly $150m in orders already booked.
The company is headquartered in Washington, DC. It has factories in three countries.
The pitch is quantity
Covenant frames the problem as a stockpile problem rather than a technology one.
