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ZenaDrone Expands Domestic Manufacturing for US Commercial Customers and US Defense Without Needing to Increase Prices
GlobeNewswire· 2025-04-08 11:30
VANCOUVER, British Columbia, April 08, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today provides an update on its US-based ZenaDrone subsidiary’s expansion plans for “Made in America” manufacturing in light of the recent expanded tariffs announced by the current US Administration. ZenaTech maintains its commitme ...
ZenaTech Closes Second Southeast Region Acquisition, Wallace Surveying Corporation, Set to Become the Third Acquisition to Power Its National Drone as a Service (DaaS) Business
GlobeNewswire News Room· 2025-04-03 12:00
VANCOUVER, British Columbia, April 03, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has closed the acquisition of Wallace Surveying Corporation (“Wallace”) of West Palm Beach, Florida, a well-established land survey company with thirty years of experience. Wallace provides construction and land de ...
ZenaTech's 2024 Financial Results and CEO Letter to Shareholders Shows Revenue and Assets Increase
GlobeNewswire News Room· 2025-04-01 15:12
VANCOUVER, British Columbia, April 01, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces 2024 financial results and presents a letter to shareholders from Chairman and CEO Shaun Passley, Ph.D. 2024 Financial Results Letter to Shareholders Dear ZenaTech Shareholders, I want to begin by thanking you for your ong ...
Growing Popularity of Drones as a Service Stemming from Increasing Usage & Applications and Latest Advancements
Prnewswire· 2025-03-27 13:30
FN Media Group News Commentary PALM BEACH, Fla., March 27, 2025 /PRNewswire/ -- The 'United States Drone Services Market' is witnessing significant growth owing to various driving factors such as technological advancement, regulatory support, cost-effectiveness, etc. Drone applications have increased owing to advancements in drone technology, such as enhanced flight capabilities, extended battery life, better sensors, and AI integration.  A report from Verified Market Research projected that the United Stat ...
ZenaTech Signs LOI to Acquire Eighth Land Survey Company Advancing Drone as a Service in a $2.5 Billion US Drone Survey Market by 2033
GlobeNewswire· 2025-03-27 12:00
VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire an eighth land survey engineering company which marks the second LOI located in Arizona. Upon completion, these locations will serve as a launchpad to further Southwe ...
ZenaTech's ZenaDrone Developing Indoor Drone Swarm Application for Inventory Management and Security with Auto Parts Manufacturer Customer
GlobeNewswire News Room· 2025-03-25 11:45
Core Insights - ZenaTech, Inc. is developing a drone swarm application through its subsidiary ZenaDrone, focusing on inventory management and security solutions using multiple indoor IQ Nano drones [1][3] - The drone swarm technology aims to enhance efficiency, accuracy, and automation in tasks such as inventory tracking and surveillance, significantly improving operational capabilities compared to single drones [2][4] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications across various sectors [7] - The company has expanded its drone design and manufacturing capabilities since 2017, serving customers in law enforcement, health, government, and industrial sectors, as well as agriculture, defense, and logistics [7] Product Details - The ZenaDrone IQ Nano is designed for autonomous operations, featuring integrated sensors and high-quality cameras, capable of performing tasks like barcode scanning and security monitoring [6] - The drone weighs 1.5 kg and has a flight time of at least 20 minutes, equipped with obstacle avoidance capabilities and designed for stability during hovering [6] Technology Advantages - Utilizing drone swarms for indoor inventory management allows for rapid scanning of thousands of tags per second, providing real-time visibility and significantly reducing manual stocktaking efforts [4] - In security applications, drone swarms can autonomously patrol large areas, detect threats, and adapt to security breaches, enhancing overall safety and reducing false alarms [5]
US Drone Surveying Market Expected to Realize Double-Digit Market Growth Predicted to Reach $2.54 Billion By 2033
Prnewswire· 2025-03-20 13:30
FN Media Group News Commentary PALM BEACH, Fla., March 20, 2025 /PRNewswire/ -- The drone industry as a whole has been on a technological improvement spree for a quite long time. The drone industry has witnessed multiple breakthroughs in its uses and operations. The drone market is flooded with companies providing an abundance of drone-related products and services. A report from FactMR said that the global drone The US drone surveying market is expected to witness double-digit market growth in the forecast ...
ZenaTech Signs Seventh LOI to Acquire a Land Survey Company in Southeast Region Contributing to Drone as a Service Strategy
GlobeNewswire· 2025-03-20 12:30
VANCOUVER, British Columbia, March 20, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has signed an LOI (Letter of Intent) to acquire a seventh land survey engineering company located in Florida, marking the fourth LOI in the Southeast region. The company has closed one acquisition in this region to ...
ZenaTech Completes Acquisition of Workplace Scheduling Software Company Othership Limited and Plans to Use Quantum Computing to Increase Productivity for Multinational Corporations
GlobeNewswire· 2025-03-18 13:00
VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions announces today that it has closed the acquisition of London-based workplace scheduling software company, Othership Limited. ZenaTech plans to develop quantum computing-driven workplace scheduling solutions intended to increase business produc ...
ZenaTech Expands ZenaDrone Team by 35 Engineers and Technicians to Meet Drone Production Manufacturing Capacity
GlobeNewswire· 2025-03-13 11:45
Core Insights - ZenaTech, Inc. is expanding its subsidiary ZenaDrone's team by hiring 35 new engineers and technicians to enhance drone production capabilities [1][2] - The company is transitioning from prototype development to full-scale manufacturing of its drones, aiming to meet monthly production goals efficiently [2] - ZenaDrone's manufacturing facility in Sharjah, UAE, spans 10,000 square feet and is equipped for various functions including assembly and quality control [3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications [7] - The company has been operational since 2017 and has developed a portfolio that includes solutions for law enforcement, health, government, and industrial sectors [7] - ZenaDrone, a subsidiary of ZenaTech, focuses on autonomous drone solutions and has expanded its applications from hemp farming to various industrial and defense uses [8] Product Details - The ZenaDrone 1000 is an autonomous multifunction drone designed for military and industrial applications, featuring heavy lift capabilities and advanced software technology [4] - The ZenaDrone IQ Square is an outdoor drone tailored for commercial inspections and reconnaissance, capable of carrying a payload of up to seven kilograms with a flight time of approximately 20 minutes [5] - The ZenaDrone IQ Nano is an indoor drone designed for tasks such as security monitoring and 3D mapping, weighing 1.5 kg and also offering a flight time of up to 20 minutes [6] Market Position - ZenaTech's drones are being implemented across various sectors including agriculture, defense, and logistics, contributing to operational efficiencies and cost savings [7][9] - The company has successfully completed paid trials with the US Air Force and Navy Reserve, showcasing its drones' capabilities in logistics and transportation [4]