ZenaTech, Inc.(ZENA)

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ZenaTech Closes a Seventh Drone as a Service (DaaS) Acquisition in North Carolina Expanding its Southeast Region and Government Opportunities
Globenewswire· 2025-08-05 12:15
Core Insights - ZenaTech, Inc. has completed its seventh acquisition in the Drone as a Service (DaaS) sector by acquiring Morgan Surveying, Inc., enhancing its presence in the Southeast region of the U.S. [1][2] - The acquisition aims to strengthen ZenaTech's operations and expand its expertise in government opportunities, particularly at various governmental levels [2][3] - ZenaTech's goal is to establish 25 DaaS locations nationwide by mid-next year, with a focus on providing flexible, on-demand drone services [3] Company Overview - ZenaTech specializes in AI-powered drones, DaaS, enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications [4] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies across various sectors including agriculture, defense, and logistics [4][5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its DaaS business in the U.S. [4] Acquisition Details - Morgan Surveying offers a comprehensive range of land surveying services and has a strong portfolio of municipal, county, and private sector clients, making it a strategic fit for ZenaTech's DaaS platform [2][3] - The acquisition supports ZenaTech's mission to deliver precise and scalable drone-powered insights across multiple industries, from construction to conservation [2][3] Future Plans - ZenaTech is focused on acquiring land survey engineering companies and other businesses that are ripe for innovation to advance its vision for a scalable, tech-enabled multiservice drone business [3] - The DaaS model eliminates the need for customers to invest in drone hardware and software, pilots, maintenance, or regulatory compliance, thereby providing a cost-effective solution [3]
ZenaTech's ZenaDrone Initiates AUVSI Membership Upgrade, Enabling Leadership on Drone Policy and Strengthening US Defense and Government Engagement
Globenewswire· 2025-07-31 11:30
Core Insights - ZenaTech's subsidiary ZenaDrone has upgraded its membership to the Advocacy level with AUVSI, allowing it to join key committees that influence drone policy and procurement [1][2] - This strategic move is aimed at enhancing ZenaDrone's role in shaping drone policies and deepening relationships with stakeholders in the defense sector [1][2] - The involvement comes at a crucial time as recent government directives are pushing for the adoption of secure, domestically produced drone technologies [3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications [5] - The company has been expanding its drone design and manufacturing capabilities since 2017, serving sectors such as agriculture, defense, logistics, and land surveying [5][6] - ZenaDrone's product lineup includes the ZenaDrone 1000 for agriculture and defense, the IQ Nano for inventory management, and the IQ Square for land surveying [6] Industry Context - AUVSI, founded in 1972, is the largest nonprofit organization promoting uncrewed and autonomous systems, connecting government, industry, and academia [4] - The Defense Advocacy Committee influences defense acquisition policies, while the Air Advocacy Committee focuses on expanding drone operations in national airspace [4] - Recent Executive Orders from the White House and Department of Defense are accelerating support for NDAA-compliant drone technologies, necessitating practical policy frameworks [3]
Responding to the White House AI Action Plan, ZenaTech's ZenaDrone Launches Zena AI, Inc., a Specialized AI Development Center for US Defense and Homeland Security Applications
Globenewswire· 2025-07-29 12:15
Core Insights - ZenaTech, Inc. has established Zena AI, Inc. as an AI Development Center under its ZenaDrone subsidiary, focusing on advanced AI software solutions for the US Department of Defense and Homeland Security [1][2][3] - The formation of Zena AI is a direct response to the White House's AI Action Plan and Executive Orders aimed at enhancing American-made AI systems in federal and defense sectors [1][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies in various sectors including law enforcement, government, and industrial applications [4] - The company has been expanding its drone design and manufacturing capabilities since 2017, with applications in agriculture, defense, logistics, and land surveying [4] ZenaDrone Specifics - ZenaDrone, a wholly owned subsidiary of ZenaTech, develops autonomous drone solutions that integrate machine learning, AI, and Quantum Computing for various applications including military and industrial surveillance [5] - The ZenaDrone 1000 is currently utilized for crop management and critical field cargo applications, while the IQ Nano and IQ Square drones serve inventory management and land surveying needs respectively [5] Strategic Implications - The launch of Zena AI is expected to accelerate ZenaDrone's research and development efforts, enhancing its path to revenue and supporting domestic AI infrastructure [3] - The White House's AI Action Plan emphasizes innovation, infrastructure, and international AI exports, marking a significant federal initiative to bolster domestic AI capabilities and competitiveness [3]
ZenaTech’s ZenaDrone Partners with Eagle Point Funding to Win US Defense Customers
Globenewswire· 2025-07-24 12:30
Core Insights - ZenaTech, Inc. has entered a strategic partnership with Eagle Point Funding to enhance its capabilities in securing US defense contracts, leveraging Eagle Point's expertise in federal R&D grant programs [1][2] - The partnership aims to accelerate product development and expand relationships with key US defense agencies, positioning ZenaDrone as a significant provider of American-made drone solutions [2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [4] - The company has been operational since 2017, enhancing its drone design and manufacturing capabilities through its subsidiary ZenaDrone, which serves industries such as agriculture, defense, logistics, and land surveying [4] Product and Service Offerings - ZenaDrone has developed a range of drones for military applications, including the ZenaDrone 1000, IQ Nano, and IQ Square, designed for tasks such as inspections, surveillance, and inventory management [3][5] - The ZenaDrone 1000 is utilized for crop management and critical cargo delivery in defense, while the IQ Nano and IQ Square serve indoor and outdoor applications respectively [5] Strategic Goals - The collaboration with Eagle Point Funding is expected to facilitate testing, pilot deployments, and long-term procurement discussions, enhancing ZenaDrone's competitive edge in the defense sector [2] - The partnership will also help ZenaTech navigate federal funding programs, allowing the company to develop next-generation drone technologies aligned with US defense priorities [2]
ZenaTech's ZenaDrone Partners with Eagle Point Funding to Win US Defense Customers
GlobeNewswire News Room· 2025-07-24 12:30
Core Insights - ZenaTech, Inc. has entered a strategic partnership with Eagle Point Funding to enhance its capabilities in securing US defense contracts, leveraging Eagle Point's expertise in federal R&D grant programs [1][2] - The partnership aims to accelerate product development and expand relationships with key US defense agencies, positioning ZenaDrone as a significant provider of American-made drone solutions [2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [4] - The company has been operational since 2017, enhancing its drone design and manufacturing capabilities through its subsidiary ZenaDrone, which serves industries such as agriculture, defense, logistics, and land surveying [4] Product and Service Offerings - ZenaDrone has successfully conducted paid trials with the US Air Force and Navy Reserve, showcasing its drones' capabilities in delivering critical supplies [3] - The product lineup includes the ZenaDrone 1000, IQ Nano, and IQ Square drones, designed for diverse applications such as inspections, surveillance, reconnaissance, and inventory management [3][5] - ZenaDrone's technology incorporates machine learning, AI, predictive modeling, and Quantum Computing, aimed at revolutionizing various sectors including agriculture and defense [5] Strategic Goals - The collaboration with Eagle Point Funding is expected to facilitate testing, pilot deployments, and long-term procurement discussions, enhancing ZenaDrone's competitive edge in the defense sector [2] - The partnership is designed to unlock new growth opportunities without equity dilution, allowing the company to focus on developing next-generation drone technologies aligned with US defense priorities [2]
ZenaTech's ZenaDrone Subsidiary Applies for Green UAS Certification for IQ Square Drone to Sell to US Defense and Government
Globenewswire· 2025-07-22 11:30
Core Insights - ZenaTech's subsidiary ZenaDrone has submitted the IQ Square drone for Green UAS certification, enabling it to be included in the pre-approved procurement list for the US Department of Defense and government buyers [1][2] - The Green UAS certification is part of a compliance and cybersecurity framework aimed at ensuring drones are free from foreign components and meet high standards for cybersecurity and data protection [4] - Recent US government policies are prioritizing domestic and secure systems, which is expected to accelerate funding and procurement for American-made drones [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 expanded its drone design and manufacturing capabilities through ZenaDrone since 2017, serving sectors such as law enforcement, government, and industrial applications [7] - ZenaDrone develops autonomous drone solutions that incorporate advanced technologies like machine learning, AI, and Quantum Computing for various applications, including defense and agriculture [8][9] Product Features - The ZenaDrone IQ Square is designed for line-of-sight applications, including infrastructure inspections and reconnaissance in high-risk environments, with a flight time of 20-25 minutes [1][6] - Equipped with advanced imaging tools such as LiDAR and thermal sensors, the IQ Square drone supports real-time surveillance and early detection of vulnerabilities [5] - The drone features a VTOL frame and autonomous charging capabilities, enhancing its operational efficiency in defense applications [6]
ZenaTech Releases Video of ZenaDrone's IQ Nano Indoor Inventory AI Drone for US Defense and Government
Globenewswire· 2025-07-17 12:30
Core Insights - ZenaTech, Inc. has launched the ZenaDrone IQ Nano, an indoor drone designed for inventory management and security, showcasing its capabilities in complex warehouse environments [1][3][4] - The drone is engineered for GPS-denied and high-risk environments, automating inventory management and integrating with SAP systems for real-time military stock tracking [3][4] - The company plans to demonstrate the IQ Nano in August as part of its go-to-market strategy, targeting the U.S. federal government and Department of Defense [4] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications [6] - The company has expanded its drone design and manufacturing capabilities since 2017, serving sectors such as law enforcement, government, and industrial applications [6] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is growing its DaaS business in the U.S. [6] Product Features - The IQ Nano drone features HD/thermal imaging, LiDAR, and AI-powered anomaly detection, providing secure surveillance and obstacle avoidance [3][4] - It has a compact design with a flight time of 20-25 minutes and automatic recharging capabilities [8] - The drone is part of the NDAA-compliant supply chain, excluding Chinese components, and is pursuing Green UAS certification for military procurement [4]
ZenaTech to Accelerate ZenaDrone Manufacturing for US Defense and Commercial Drones Following Recent One Big Beautiful Bill, Executive Orders, and Secretary of Defense Policy Directives
Globenewswire· 2025-07-15 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on business technology [7] - The company has been operational since 2017 and has developed capabilities in drone design and manufacturing through its subsidiary, ZenaDrone [9] Expansion Plans - ZenaTech plans to accelerate the expansion of its facilities in Phoenix, Arizona, tripling the square footage to enable full US drone manufacturing, assembly, and testing [1] - This expansion is prompted by recent US policy changes that facilitate domestic production and fast-track deployment to military units [1][2] Market Opportunities - New US directives simplify and expedite the process for American drone companies to sell directly to the military, particularly for Group 1 and 2 affordable drone systems [2] - The reforms are expected to enhance ZenaTech's ability to innovate and scale production to meet urgent defense needs without traditional procurement delays [3] Product Offerings - ZenaTech's product portfolio includes the ZenaDrone 1000, a medium-sized VTOL drone designed for various applications including defense and commercial inspections [4] - The company also offers the IQ Square and IQ Nano drones, designed for outdoor inspections and indoor operations, respectively [5] Business Model - ZenaTech operates a DaaS model, providing fully managed drone operations that include hardware, software, pilots, maintenance, data collection, and analytics [6] - This model offers flexibility and scalability for government, defense, and commercial users [6]
ZenaTech Reacts to ‘Unleashing U.S. Military Drone Dominance' Memo — A Game-Changing Policy Directive for ZenaDrone
Globenewswire· 2025-07-11 14:03
Core Insights - The new policy directive from the U.S. Secretary of Defense emphasizes the rapid acquisition and deployment of small, low-cost drones, categorizing them as expendable assets rather than durable ones, which is expected to enhance military capabilities on the battlefield [2][3] Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), and Quantum Computing solutions, with a focus on enhancing operational efficiencies across various sectors including defense [6][7] - The company has developed a range of drones, including the ZenaDrone 1000, IQ Square, and IQ Nano, designed for diverse applications such as ISR, infrastructure inspections, and inventory management [5][7] Implications of the New Policy - The policy allows frontline commanders to purchase ZenaTech's drones directly, bypassing traditional certification processes, which is anticipated to accelerate innovation and battlefield impact [3][5] - The classification of Group 1 and 2 drones as expendable commodities will reduce administrative burdens and facilitate quicker deployment for military operations [2][5] Timelines and Future Developments - By September 1, each service branch is expected to establish "experimental formations" for small UAS, with full integration of UAS into major training events planned by 2027 [5] - ZenaTech is ramping up manufacturing and defense business development efforts to meet the anticipated demand from the U.S. military [3][5]
ZenaTech Creates First Quantum Computing Prototype Enabling Disruptive AI Drone Speed and Precision for Future Commercial and US Defense Applications
Globenewswire· 2025-07-10 12:30
Core Insights - ZenaTech has successfully developed its first quantum computing prototype aimed at enhancing AI drone solutions through rapid data analysis and processing [1][4] - The company envisions a wide range of commercial applications, including precision agriculture and predictive energy infrastructure inspections, as well as defense applications for real-time battlefield decision-making [2][5] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions, focusing on mission-critical business applications [8] - The company has been operational since 2017 and has expanded its capabilities in drone design and manufacturing through its subsidiary, ZenaDrone [8][9] Research and Development Initiatives - The Clear Sky project is a key R&D initiative that utilizes AI drones and quantum computing to improve weather forecasting accuracy and predict extreme weather events [4][6] - Internal testing of the prototype has shown a high degree of accuracy when compared to trusted weather platforms, validating its reliability [4] Technological Advancements - Quantum computing combined with AI-powered drone applications allows for disruptive speed, precision, and autonomy, significantly enhancing data analysis and decision-making capabilities [5][7] - The technology enables drones to autonomously inspect energy grids and farmland, analyze multispectral data, and adapt actions in real-time, leading to increased productivity and reduced costs [5] Future Plans - The company plans to expand its R&D team from 6 to 25 members in the coming months to accelerate time to market and reduce operational costs [3] - ZenaTech aims to lead the industry as an innovator by continuously enhancing its quantum framework and expanding its applications [3]