Andreessen- and Thiel-backed defense startup opens U.S. missile factory as it exits stealth

Covenant, a defense startup founded in 2024 and backed by investors including Marc Andreessen and Peter Thiel, announced the opening of a U.S. missile manufacturing facility. The company said it is focused on producing missiles at lower costs for the U.S. military. Covenant previously operated in stealth mode before making this announcement.

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