A Kiwi company is investing in drone boats able to be used for defence - on home shores and beyond.

Robotics company Syos has acquired Tauranga business Bay Dynamics. 

Syos CEO Sam Vye says it will strengthen their position in the surveillance and defence market. 

He adds underwater sabotage is a growing concern overseas. 

"Particularly in the EU around potential sabotage by hostile vessels or vessels from certain countries that might accidentally drag anchor or intentionally disrupt seafloor infrastructure." 

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A Kiwi company is investing in drone boats able to be used for defence - on home shores and beyond.
Robotics company Syos has acquired Tauranga business Bay Dynamics.&nbsp;
Syos CEO Sam Vye says it will strengthen their position in the surveillance and defence market.&nbsp;
He adds underwater sabotage is a growing concern overseas.&nbsp;
"Particularly in the EU around potential sabotage by hostile vessels or vessels from certain countries that might accidentally drag anchor or intentionally disrupt seafloor infrastructure."&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Sam Vye: Syos CEO on the company acquiring Bay Dynamics

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ca5e7600-d714-4dea-8ad6-b37e005ca2c7/transcript