ZenaTech, Inc.(ZENA)
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ZenaTech Wins the Morrissey Goodale 2026 Most Prolific and Proficient Acquirer Award for Growing its Drone as a Service Network
Globenewswire· 2026-02-24 12:30
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has won the 2026 Most Prolific and Proficient Acquirer Award from Morrissey Goodale – a renowned management consulting and advisory firm exclusively serving the architecture, engineering, and environmental (AE ...
ZenaTech Advances its Autonomous AI Drone Power Wash Platform and Dubai Drone as a Service Presence
Globenewswire· 2026-02-17 12:30
Core Insights - ZenaTech is advancing its AI autonomous drone power wash system for building cleaning and outdoor maintenance, currently testing at a facility in Dubai [1][2] - The global drone-based cleaning services market is growing at 17% annually, projected to exceed USD 13 billion by 2030, presenting a significant opportunity for ZenaTech [2] - The company is establishing a Drone as a Service (DaaS) location in Dubai, hiring staff and training drone pilots to support its operations [3] Company Developments - ZenaTech's power wash system utilizes LiDAR scanning and AI to create optimized cleaning plans, enhancing efficiency and reducing manual labor [2] - The ZenaDrone IQ Square is designed for various applications, including power washing, with a payload capacity of up to 7 kilograms and a flight time of approximately 20 minutes [4] - The company is building a global DaaS network by acquiring established service companies and integrating drone technology into traditional industries [5] Market Position - ZenaTech aims to modernize the labor-intensive cleaning industry by leveraging drone technology, data, and AI to improve safety and operational efficiency [2][5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS services through acquisitions [7]
ZenaTech (ZENA) Expands Drone‑Powered Surveying Services
Yahoo Finance· 2026-02-12 16:20
Core Viewpoint - ZenaTech, Inc. is positioning itself as a leading player in the AI-driven drone surveying market by integrating drone technology into its land surveying services, targeting national homebuilders and aiming to significantly reduce survey turnaround times [1][2]. Group 1: Technology Integration - ZenaTech has integrated drone technology into its land surveying services, leveraging its Drone as a Service (DaaS) platform to enhance permit-ready survey delivery [1]. - The initiative aims to reduce typical survey turnaround times from up to 10 days to three days or less, addressing a critical bottleneck in residential construction [2]. Group 2: Expansion Plans - The company plans to expand its DaaS offerings through the acquisition of Cardinal Civil Resources, a land surveying firm, which will enhance its capabilities in various surveying tasks [3]. - ZenaTech has signed an offer to acquire a Virginia-based land surveying company, which has an established customer base in the Washington, D.C. metro area, further strengthening its market presence [3][4]. Group 3: Market Position - ZenaTech is a Canada-based technology company specializing in AI-powered drones, enterprise SaaS platforms, and quantum computing solutions, with its DaaS model supporting applications in defense, land surveying, and public safety [5].
ZenaTech's Drone as a Service Opens the 23rd Global Location in Orlando, Fla. to Focus on Government Agencies
Globenewswire· 2026-02-12 13:15
Core Viewpoint - ZenaTech, Inc. has opened its 23rd global Drone as a Service (DaaS) location in Orlando, Florida, aimed at enhancing its service offerings to government and defense sectors [1][2]. Group 1: Company Expansion and Strategy - The new DaaS location in Orlando is strategically positioned to leverage Florida's infrastructure and defense-related activities, facilitating engagement with federal, state, and local government opportunities [2]. - The Orlando hub will focus on building relationships with various government agencies, including defense installations and energy infrastructure projects, thereby expanding ZenaTech's public sector presence [2][4]. - The company plans to utilize the Orlando hub for traditional survey methods initially while integrating drone technology and obtaining necessary certifications for advanced applications [4]. Group 2: Operational Details - The Orlando DaaS location will be staffed by a ten-person team, including pilots and survey technicians, with full operations expected to commence by early April [3]. - The DaaS platform is designed to provide clients with on-demand or subscription-based access to drone services for various applications, eliminating the need for capital investment in drone ownership [5]. Group 3: Technological Capabilities - ZenaTech specializes in AI drone technology, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies and cost savings for clients in multiple sectors, including government and defense [6]. - The company is focused on acquiring established service companies to build a global DaaS network, enhancing its capabilities for next-generation drone integration [5][6].
ZenaTech’s Drone as a Service Opens the 23rd Global Location in Orlando, Fla. to Focus on Government Agencies
Globenewswire· 2026-02-12 13:15
Core Insights - ZenaTech, Inc. has opened a new Drone as a Service (DaaS) location in Orlando, marking its 23rd global DaaS site, aimed at serving high-value government and defense customers with surveying and mapping services [1][2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for business, government, and defense applications [6] - The company has been expanding its capabilities since 2017, focusing on software development and drone design to enhance operational efficiencies and cost savings for clients [6] Strategic Importance - Florida is identified as a key state for DaaS due to its robust infrastructure and defense-related activities, which positions ZenaTech to pursue government opportunities effectively [2] - The Orlando DaaS hub will facilitate relationships with various government agencies, including defense installations and energy infrastructure projects [2] Operational Details - The Orlando DaaS location will be staffed by a ten-person team, including pilots and survey technicians, with full operations expected to commence by early April [3] - Initially, the hub will utilize traditional survey methods while integrating drone technology and obtaining necessary certifications for drone applications in defense and infrastructure projects [4] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to drone services for various applications, including surveying, inspection, and precision agriculture, without the burden of ownership costs [5] - The company aims to build a global DaaS network through acquisitions of established service companies that are ready for drone innovation [5]
ZenaTech's Drone as a Service Expands Builder Services Capability Delivering Drone-Driven Speed and Precision to Surveying for Homebuilders
Globenewswire· 2026-02-10 13:30
Core Insights - ZenaTech, Inc. integrates drone-based workflows into land surveying services for national homebuilders, enhancing speed, precision, and reliability in obtaining permits [1][3] - The company aims to reduce survey turnaround time from 10 days to 3 days or less through the incorporation of Drone as a Service and standardized processes from its acquired firm, Cardinal Civil Resources [2][3] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [6] - The company has expanded its capabilities through acquisitions, including Cardinal Civil Resources, which has a strong history of serving major U.S. homebuilders [5][6] Market Context - The U.S. homebuilding market is valued at over $1 trillion, driven by increasing demand for new homes and the need for efficient construction processes [3] - Delays in paperwork are significant challenges for residential builders, and ZenaTech's solutions aim to streamline the permitting process, thereby reducing construction cycle delays [3] Service Offerings - ZenaTech's Drone as a Service includes essential surveying tasks such as topography, plot plans, boundary validation, zoning compliance, and jurisdiction-specific formatting [3] - The integration of drones and proprietary software is designed to enhance operational efficiencies and reduce costs in the homebuilding sector [6] Upcoming Events - ZenaTech's Drone as a Service will showcase its innovations at the 2026 International Builders' Show (IBS) in Orlando, Florida, from February 17–19 [4]
ZenaTech (NasdaqCM:ZENA) Conference Transcript
2026-02-05 22:02
Summary of ZenaTech Conference Call Company Overview - **Company Name**: ZenaTech - **Business Segments**: - Drone manufacturing (ZenaDrone) - Drone-as-a-Service (DaaS) - Enterprise SaaS software solutions - **Target Markets**: Government, military, construction, agriculture, energy, and inspection sectors [2][3] Financial Performance - **Public Listing**: ZenaTech went public on October 1, 2024, via a direct listing on Nasdaq [3] - **Revenue Growth**: - 2024 revenue: $2 million (entirely from enterprise SaaS) [5] - Q3 2025 revenue: $7.73 million, marking a growth of 1,225% [6] - Over 60% of 2025 revenue attributed to the drone division [6] - **Cash Position**: $19.5 million in cash and marketable securities [6] Business Strategy - **Acquisitions**: Completed 20 acquisitions, primarily targeting land survey companies to enhance DaaS capabilities [6][15] - **Market Focus**: - Emphasis on government and military contracts, particularly with the ZenaDrone 1000, a medium-sized heavy-lift cargo drone [7] - Pursuing Green UAS and Blue UAS certifications for military procurement [7] - **Expansion Plans**: Aiming for 25 acquisitions by mid-2026, with a focus on integrating drones into DaaS [19][26] Product Development - **Drone Solutions**: - ZenaDrone 1000 for defense applications [12] - IQ series for inventory management and land surveying [13][14] - **R&D Focus**: Advanced AI applications for military use, traffic management, and fire detection [27] Market Dynamics - **Regulatory Environment**: Favorable policy directives for U.S.-made drones, especially following the ban on Chinese drones [9][10] - **Industry Trends**: Increasing demand for drone technology in various sectors, with a focus on improving efficiency and reducing costs [39] Competitive Advantage - **Vertical Integration**: ZenaTech develops and manufactures its own components, which differentiates it from competitors [37][24] - **Recurring Revenue**: The combination of software and DaaS provides a stable revenue stream [24] Future Outlook - **Growth Potential**: Focus on industries ripe for drone technology, such as inspection and power washing [39] - **Technological Partnerships**: Open to exploring partnerships with tech companies to enhance drone capabilities [36][37] Key Takeaways - ZenaTech is positioned for significant growth in the drone market, leveraging acquisitions and a diversified business model - The company is actively pursuing government contracts and expanding its manufacturing capabilities - Regulatory changes and market dynamics present a favorable environment for U.S. drone manufacturers [10][11]
ZenaTech’s Drone as a Service Announces Initiation of its Golf Course Survey Services Across Florida
Globenewswire· 2026-02-05 13:30
VANCOUVER, British Columbia, Feb. 05, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces the expansion of its Drone as a Service platform offerings with the initiation of specialized golf course survey and mapping services. The Company will conduct an initial rollout across Florida, with plans ...
ZenaTech Signs Offer to Acquire a Second Virginia Based Land Surveying Firm, Strengthening Drone as a Service Access to Federal Government Opportunities within the D.C. Metro Area
Globenewswire· 2026-02-03 13:00
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Virginia-based land surveying company, enhancing its Drone as a Service (DaaS) presence in the Washington, D.C. metro area [1][2] - The acquisition aims to expand opportunities for ZenaTech's DaaS solutions to federal government agencies, capitalizing on the growing demand for advanced drone technology services [2][3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications for commercial, government, and defense sectors [6] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, safety, security, compliance, and surveying processes [6] Acquisition Details - The Virginia-based surveying company provides a range of services across the D.C. area, catering to clients with complex regulatory and operational needs [4] - The integration of ZenaTech's drone technologies is expected to enhance applications such as real-time construction monitoring and improved infrastructure planning [4] Strategic Importance - The D.C. area is identified as a strategically important market for ZenaTech, with significant demand for drone-based solutions from federal agencies [2] - The acquisition is anticipated to deepen relationships with federal, state, and municipal agencies, supporting long-term infrastructure and modernization initiatives [2][3] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to various drone services, eliminating the need for capital costs associated with owning a fleet [5] - The company aims to build a global DaaS network by acquiring established service companies that are ready for drone innovation [5]
ZenaTech Provides an Update on its Taiwan-Based Spider Vision Sensors Manufacturing Facility Supporting Manufacturing of NDAA-Compliant Drone Components to Meet US Defense Regulations
Globenewswire· 2026-01-29 13:30
Core Insights - ZenaTech is enhancing its Taiwan-based Spider Vision Sensors (SVS) facility to comply with the National Defense Authorization Act (NDAA), aiming to build a vertically integrated supply chain for secure drone technologies [1][2] - The facility is set to begin production of printed circuit boards (PCBs) and is expected to be fully operational within the quarter [1][2] - The strategic investment in the SVS facility aims to strengthen supply chain resilience, enable customization, and support growth aligned with long-term operational goals [2] Facility and Production - The SVS facility spans 16,000 square feet and has completed critical infrastructure and assembly line buildout, securing all necessary permits for regulatory compliance [2] - Essential manufacturing equipment, including PCB and Surface Mount Technology (SMT) assembly machines, is being installed and calibrated, with initial production capacity focused on PCBs [2] - Pilot production is underway to validate processes and ensure NDAA compliance by sourcing drone parts free from restricted Chinese-made components [3] Product Development and Market Position - The SVS facility will support the scaled production of drone components for ZenaDrone platforms, including the ZenaDrone 1000 and its IQ Series, with final assembly occurring in Mesa, Arizona [3] - ZenaTech specializes in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, targeting commercial, government, and defense sectors [4] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions for various applications, including agriculture and defense, with products like the ZenaDrone 1000 and IQ Nano [5]