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

Source: www.cnbc.com · Section: business-tech · Bias: Center-Right · Published: Wed, 09 Sep 2026 15:20:33 GMT

Founded in 2024, Covenant is speeding up lower-cost missile manufacturing for the U.S. military.

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The same story across the political spectrum (2 sources)

Center-Left: Peter Thiel-backed firm to make low-cost missiles amid U.S. shortage — www.washingtonpost.com
Center-Right: Thiel-backed start-up to mass-produce ‘deep strike’ missiles in Europe and US — www.ft.com

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