defense securite250 millionCovenant raises $250 million to develop low-cost missiles

Covenant raises $250 million to develop low-cost missiles

US-based startup Covenant, with major operations in Israel, emerges from stealth with $250 million in funding.

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The fact

Its missiles aim to provide a cost-effective alternative to weapons like the US Tomahawk.

The project could reshape defense industry standards.

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Auto-synthesis from 1 media source · identified on September 9, 2026