To put it charitably, the stealth helicopter was a bit pie-in-the-sky. Even one of the stated features (diesel-powered, stealth, full satellite control) would be ambitious for an aerospace start-up. The helicopter start-up failed without any real results.
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10703714
The (home-made) cruise missile was a separate proof-of-concept by someone else:
https://en.wikipedia.org/wiki/Bruce_Simpson_(blogger)
There's certainly a lot of enthusiasm for aerospace projects in NZ!