The weapon uses a digital, semi-active laser seeker to guide itself to within five meters of the target; it can operate in a two-man shooter/spotter team or by the grenadier alone lazing after firing, as it can fly for 15 seconds before homing in.
The munition is effective against fixed and slow-moving mid-range targets, using a 6⁄10 lb (9.6 oz; 0.27 kg) blast fragmentation warhead with a 10-meter lethality radius.
At AUSA 2015, Raytheon revealed they had performed two successful test firings of the Pike.
[2][3][4] After its unveiling, Raytheon received permission to market the Pike to foreign governments, several of which have shown interest for infantry forces and special operators.
While the M203 would have to be modified to swing out far enough to accept the round, the Pike can be fired from other launchers such as the break-open, M79 and large breech M320.