Thiel-backed start-up to mass-produce ‘deep strike’ missiles in Europe and US

Covenant, a start-up backed by billionaire Peter Thiel, plans to revolutionize the long-range weapons market by opening factories in the US, Germany, and Israel to mass-produce its "deep strike" missiles. This move signifies a significant shift in the arms manufacturing landscape, potentially challenging existing market players and raising geopolitical tensions. The initiative underscores the growing trend of private investments in military technology, which could have broader implications for defense strategies and international security dynamics.