‘Squeamish’ no more: Mt Maunganui military drone maker Syos taps three local funds for capital

‘Squeamish’ no more: Mt Maunganui military drone maker Syos taps three local funds for capital

Chris KeallTechnology Editor/Senior Business Writer·NZ Herald·22 Sep, 2026 08:17 PM4 mins to read‌Following its £30m drone deal with the UK Government, the Mount Maunganui startup is adding new uncrewed vehicles and tripling its local staff. Video \ Jason DordaySyos, the fast-growing Mt Maunganui maker of drones used in the Ukrainian conflict, says it’s strengthened its balance sheet with funds raised from three Kiwi venture capital firms.A local VC round wasn’t always on the cards. At the 2024 New Zealand Aerospace Summit in Christchurch, Syos founder Sam Vye

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