Sam Vye: Syos CEO on the company acquiring Bay Dynamics

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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Episode Transcript

Speaker 1 (00:00):
A Mount Monganuig business has created undersea drones that could
help protect seafloor cables from sabotage. Bay Dynamics, which makes
the drones, is just being acquired by another drone business
called Sios Aerospace, and SCIOs is chief executive Sam Via
is with us. Now, Hey Sam, hey, hey, they hate
them very well, thank you. So are you actually going
to use these drones to monitor what's going on with

(00:21):
the cables under the sea.

Speaker 2 (00:24):
Yeah, so well, I mean that's obviously one application to it,
but certainly a very important application which we're seeing, you know,
a big global demand for.

Speaker 1 (00:33):
Right now, Why what are we worried about? We are
we genuinely worried that sabotage is part of the grab
bag of things people might.

Speaker 2 (00:40):
Do to us. Now, obviously, our market's global, not just
New Zealand, and certainly, you know, anyone watching the news
in Europe sees will see the potential sabotage and the
nervousness around the particularly in the EU, around potential sabotage

(01:02):
by hostile vessels or potentially vessels from some certain countries
that might accidentally drag, anchor or intentionally disrupt sea for infrastructure.

Speaker 1 (01:16):
So who are you selling to?

Speaker 2 (01:20):
Yeah, so SIUs is a developer and manufacturer of uncrewed
vehicles or drones and robotics across both defense and the
civil sector. Predominantly are our customers. We have a number
of customers in Europe and you know, obviously we're a
New Zealand company, so we're now setting up on New

(01:41):
Zealand production facility to also offer the the same products
to the APAC region. And now obviously this acquisition of
a Dynamics adds another string to our bow by being
able to offer our customers also with sub surface vehicles.

Speaker 1 (01:59):
Same. Thanks, it's first stuff man. Best of luck with
the business at Sambai SCIOs Aerospace Chief Executive. For more
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