ZenaTech, Inc.(ZENA)
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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
Core Insights - ZenaTech, Inc. is expanding its Drone as a Service (DaaS) platform by introducing specialized golf course survey and mapping services, starting in Florida with plans for broader U.S. expansion [1][2] - The company has successfully completed drone-enabled surveys for five championship-level golf courses, establishing a strong operational foundation for scaling this service [1][2] - ZenaTech's DaaS platform aims to provide clients with on-demand or subscription-based access to advanced drone services, enhancing efficiency and reducing operational burdens [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for commercial, government, and defense applications [4] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, and surveying processes, with a focus on operational efficiency and cost savings [4] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its DaaS business through acquisitions [4] Service Offerings - The new golf course survey and maintenance service utilizes drone-captured data processed through specialized mapping software, providing faster and more accurate insights compared to traditional methods [2] - ZenaTech's DaaS platform includes a variety of services such as surveying, inspection, maintenance, and precision agriculture, aimed at both business and government clients [3] - The company is building a multi-service DaaS network by acquiring established service companies that are currently using low-tech processes, facilitating next-gen drone integration [3]
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]
Generational Group Advises VARA 3D, Inc. in its Sale to ZenaTech, Inc.
Businesswire· 2026-01-27 16:29
Core Insights - The acquisition of VARA 3D, Inc. by ZenaTech, Inc. was completed on December 16, 2025, marking a strategic expansion for ZenaTech into the solar energy sector [1][5]. Company Overview - VARA 3D, Inc., based in Murray, Utah, specializes in land surveying, 3D mapping, and solar energy projects, serving a diverse range of recurring clients [2]. - ZenaTech, Inc., headquartered in Toronto, Canada, focuses on AI drone technology, Drone as a Service (DaaS), and Quantum Computing solutions, with a strong presence in various sectors including law enforcement, government, and agriculture [3]. Strategic Implications - The acquisition is expected to enhance ZenaTech's service capabilities and accelerate its entry into a high-growth market, particularly in solar infrastructure inspection and maintenance [5]. - ZenaTech's CEO highlighted the efficiency gains from using drones for solar farm inspections, which can significantly reduce the time required for monitoring large areas [5]. Generational Group's Role - Generational Group acted as the M&A advisory firm for this transaction, successfully closing the deal with a team led by Lori Galloway and supported by other key executives [4]. - Generational Group has a strong track record, having closed over 1,800 transactions and being recognized as a leading M&A advisory firm in recent years [6][7].
ZenaTech Successfully Tests Four IQ Nano Indoor Drones Using Swarm Technology for Inventory Management Applications Benefiting Government and Defense
Globenewswire· 2026-01-27 13:15
Core Insights - ZenaTech has successfully tested its ZenaDrone IQ Nano indoor inventory management drones and drone swarm technology, validating its scalable, software-driven solutions for defense logistics and inventory tracking [1][2] - The company aims to modernize defense logistics by providing autonomous systems that enhance speed, accuracy, and reliability in asset management [2] - ZenaTech's drone swarm technology allows multiple drones to operate together autonomously, improving efficiency in complex environments [2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for commercial, government, and defense applications [4] - The company has been innovating since 2017, focusing on improving inspection, monitoring, safety, security, compliance, and surveying processes through its drone solutions [4] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business through acquisitions [4] Product Details - The IQ Nano drone is designed for GPS-denied environments, measuring approximately 20" x 20", and is used for inventory management and security applications [3] - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional drone solutions for various sectors, including agriculture and defense [5] - The company is also advancing drone swarm technology for applications beyond inventory management, such as wildfire management [2]
ZenaTech Progresses its Proprietary Quantum Computing Hardware Platform for Defense, Homeland Security and Government Applications
Globenewswire· 2026-01-22 13:15
Core Insights - ZenaTech is developing a proprietary quantum computer hardware platform aimed at enhancing AI autonomy solutions for US Defense and Government applications, with a five qubit prototype expected to be operational by late 2026 [1][2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for commercial, government, and defense sectors, leveraging software development expertise since 2017 [5] - The company operates globally with offices in North America, Europe, Taiwan, and UAE, and is expanding its DaaS business through acquisitions [5] Quantum Computing Initiative - The quantum computing prototype is designed to process large datasets generated by ZenaDrone systems, providing real-time insights for military and government applications [1][3] - The initiative aims to support advanced AI applications across various projects, including defense, weather forecasting, and traffic management [2] Applications of AI Autonomous Drones - AI Autonomous Drones are crucial for defense ISR missions, offering rapid situational awareness and capabilities such as persistent surveillance, automated threat detection, and post-mission analysis [3] - The integration of quantum computing is expected to enhance the processing and analysis of complex datasets, improving operational insights and decision-making in defense environments [3][4]
Morning Market Movers: SLGB, BNAI, BOXL, MLEC See Big Swings
RTTNews· 2026-01-21 12:52
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Group 1: Premarket Gainers - Smart Logistics Global Limited (SLGB) is up 198% at $3.67 [3] - Brand Engagement Network, Inc. (BNAI) is up 67% at $10.29 [3] - Boxlight Corporation (BOXL) is up 56% at $1.96 [3] - Moolec Science SA (MLEC) is up 51% at $6.64 [3] - Anteris Technologies Global Corp. (AVR) is up 15% at $6.63 [3] - Hycroft Mining Holding Corporation (HYMC) is up 10% at $47.20 [3] - Nathan's Famous, Inc. (NATH) is up 8% at $100.94 [3] - Progress Software Corporation (PRGS) is up 6% at $41.05 [3] - LightPath Technologies, Inc. (LPTH) is up 5% at $14.81 [3] - ZenaTech, Inc. (ZENA) is up 5% at $4.33 [3] Group 2: Premarket Losers - Top Wealth Group Holding Limited (TWG) is down 29% at $3.81 [4] - Solo Brands, Inc. (SBDS) is down 21% at $5.25 [4] - GlucoTrack, Inc. (GCTK) is down 19% at $3.07 [4] - Galaxy Payroll Group Limited (GLXG) is down 19% at $2.26 [4] - INVO Fertility, Inc. (IVF) is down 13% at $2.04 [4] - Black Titan Corporation (BTTC) is down 11% at $2.11 [4] - Envirotech Vehicles, Inc. (EVTV) is down 10% at $3.30 [4] - Erasca, Inc. (ERAS) is down 6% at $9.21 [4] - ENDRA Life Sciences Inc. (NDRA) is down 6% at $4.31 [4] - Bonk, Inc. (BNKK) is down 6% at $3.74 [4]
ZenaTech Announces the New ZenaDrone IQ Quad Drone to Support Growth in Land Survey, Construction, Urban Planning and Public Works Markets
Globenewswire· 2026-01-20 13:30
Company Overview - ZenaTech, Inc. is a technology solution provider specializing in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions [6] - The company operates globally with offices in North America, Europe, Taiwan, and UAE, focusing on mission-critical applications for commercial, government, and defense sectors [6] Product Launch - ZenaTech has launched the IQ Quad drone, an autonomous Vertical Take off and Landing (VTOL) AI drone designed for fast and accurate surveys [1][2] - The IQ Quad is engineered for land surveying applications, supporting high-resolution sensors like 4K cameras, LiDAR, multispectral, and thermal sensors [2] - The drone features advanced safety and performance capabilities, including obstacle detection, terrain-following sensors, and 360-degree situational awareness cameras [2][3] Market Potential - The global drone-specific surveying market is projected to grow over 19% annually, potentially reaching over $11 billion by 2033 from $2 billion today [4] - The broader surveying and geospatial services market could reach $50 billion in the next ten years as drone-enriched services replace traditional methods [4] Business Strategy - ZenaTech's DaaS platform offers on-demand and subscription-based drone solutions, modernizing traditional field services [5] - The company aims to build a scalable, multi-service DaaS network through acquisitions of established service businesses, enhancing cash flow and long-term growth potential [5] - In its first year, ZenaTech has established 19 DaaS business locations in the US and three internationally [5]