ZenaTech, Inc.(ZENA)

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ZenaTech Poised to Benefit from Historic US Defense Spending─$33 Billion for Drone and Autonomy Investments in ‘One Big Beautiful Bill’
GlobeNewswire· 2025-07-08 12:00
Core Insights - ZenaTech anticipates significant benefits from the One Big Beautiful Bill Act, which includes $33 billion in direct spending for advanced drones and autonomous systems, marking the largest investment in next-generation technologies to date [1][2] - The legislation is viewed as a generational opportunity for US companies in advanced defense manufacturing and drone innovation, providing a catalyst for ZenaTech's long-term strategy [2] Financial Implications - The bill includes over $150 billion in new defense spending and restores vital tax and R&D incentives, enhancing ZenaTech's financial position through R&D expensing and bonus depreciation [1][2] - Full R&D expensing allows ZenaTech to recover prior-year expenses and reinvest in emerging technologies, while 100% bonus depreciation through 2029 improves capital efficiency [4] Market Opportunities - ZenaTech plans to pursue new defense procurement channels opened by the bill, including $13.5 billion dedicated to drone and autonomy funding and $16 billion for military innovation initiatives [4] - The company aims to qualify for Green UAS and Blue UAS certifications for its drone products, enhancing their suitability for federal and defense agency use [4] Product Offerings - ZenaTech's drone portfolio includes the ZenaDrone 1000, designed for ISR applications, the IQ Square for land surveys, and the IQ Nano for indoor operations, all equipped with AI capabilities [5][7] - The company's Drone as a Service (DaaS) model is tailored for US defense and government agencies, facilitating procurement and deployment of AI-powered drone solutions [5] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, with a focus on improving operational efficiencies across various sectors including defense, agriculture, and logistics [6] - The company operates globally with seven offices and is expanding its US DaaS business model and partner network [6]
ZenaTech Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market
GlobeNewswire News Room· 2025-07-02 11:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a California-based civil engineering and land surveying firm, marking its first proposed transaction in the US West Coast or Southwest region, which is a strategic entry point into California's high-value drone-based precision agriculture market [1][3] - The acquisition is expected to enhance ZenaTech's Drone as a Service (DaaS) operations, particularly in California's wine and agriculture sectors, leveraging advanced drone capabilities for various applications [2][3] - The global agricultural drone market is projected to reach USD 10.3 billion by 2030, with California being a key growth region due to its significant vineyard acreage and agricultural challenges [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [6] - The company has successfully closed six acquisitions in the US as part of its DaaS strategy and plans to complete approximately 20 more in the next 12 months [5] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate machine learning, AI, and other innovations for various sectors including agriculture and defense [7] Business Model - ZenaTech's DaaS model offers reduced costs and convenience for business and government customers, eliminating the need for purchasing drone hardware and managing operations [4] - The model allows for scalability based on business needs, utilizing ZenaDrone's multifunction AI autonomous drones for tasks such as inspections and precision agriculture [4]
ZenaTech Announces Green UAS Application for the IQ Nano Drone to Advance US Defense Opportunities and the Closes Sixth Land Survey Company Acquisition
Globenewswire· 2025-07-01 12:15
Core Insights - ZenaTech, Inc. has submitted the Green UAS application for its IQ Nano drone, aiming for inclusion in the pre-approved procurement list for US Defense and government buyers [1][2] - The company has completed its sixth acquisition of a US land survey company, Empire Land Surveying, to enhance its Drone as a Service (DaaS) rollout [1][3] Group 1: Green UAS Certification - Achieving Green UAS certification is a multi-month process and is essential for government buyers requiring secure, non-Chinese systems [2] - This certification is a precursor to the Blue UAS certification from the Department of Defense, which is necessary for sensitive government and military facilities [2] Group 2: Acquisition Strategy - The acquisition of Empire Land Surveying strengthens ZenaTech's presence in Northwest Florida and expands its capacity for drone-based services [3] - The company plans to complete approximately 20 more acquisitions in the next 12 months as part of its vision for a national DaaS business [6] Group 3: Product Features - The ZenaDrone IQ Nano is a compact AI drone designed for various inspections, featuring integrated sensors, high-quality cameras, and the ability to operate in fleets [4] - The drone weighs approximately 1.5 kg and has a flight time of at least 20 minutes, designed for stability and safety with obstacle avoidance capabilities [4] Group 4: DaaS Business Model - The DaaS model allows business and government customers to access drone services on a subscription or pay-per-use basis, eliminating the need for ownership and maintenance [5] - This model is aimed at transforming legacy tasks and processes across various sectors, including land surveying and inventory management [6] Group 5: Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, serving sectors such as law enforcement, health, government, and industrial applications [7] - The company operates through seven global offices and is expanding its DaaS business model and partner network [7]
ZenaTech Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers
Globenewswire· 2025-06-26 12:00
Core Insights - ZenaTech, Inc. has signed an offer to acquire a North Carolina-based land surveying company, enhancing its operations in the Southeast US and expanding its government customer base [1][2] - The acquisition aligns with ZenaTech's strategy to build a scalable Drone as a Service (DaaS) business, integrating AI-powered drone technology into land survey workflows [2][3] - ZenaTech has completed five acquisitions in the US and plans to execute 20 more acquisitions within the next 12 months as part of its DaaS strategy [4] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies across various sectors [5] - The company operates globally with seven offices in North America, Europe, Taiwan, and the UAE, focusing on a growing DaaS business model and partner network [5] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions for various applications, including agriculture, defense, and logistics [6]
ZenaTech Expands Drone as a Service (DaaS) for Government and Defense, Signing an Offer to Acquire a Virginia-Headquartered Tri-State Land Survey and Engineering Firm Serving Major US Federal Clients
Globenewswire· 2025-06-24 11:45
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Virginia-based land survey and civil engineering firm, marking its first entry into Virginia, North Carolina, and South Carolina, which will accelerate its expansion in the Southeast region of the US [1][2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [4] - The company has been growing its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017, and operates through seven global offices [4] Acquisition Details - The target company has expertise in serving major US federal government agencies and regional infrastructure programs, holding active contracts with federal and state agencies [2] - This acquisition aligns with ZenaTech's DaaS business model expansion objectives, enhancing its geographic reach and access to a high-value pipeline of projects [2][3] DaaS Business Model - ZenaTech's DaaS model provides reduced costs and convenience for business and government customers, allowing them to utilize drones without the need for purchasing hardware or managing operations [3] - The model supports various applications, including inspections, surveying, maintenance, precision agriculture, and inventory management [3] Product Offerings - ZenaDrone develops autonomous drone solutions that incorporate machine learning, AI, predictive modeling, and Quantum Computing for various applications, including agriculture and defense [5] - Notable products include the ZenaDrone 1000 for crop management, the IQ Nano for inventory management, and the IQ Square for land surveys and inspections [5]
ZenaTech's ZenaDrone Launches the IQ Nano Indoor Drone for US Defense Applications and Initiates Green and Blue UAS Certifications
Globenewswire· 2025-06-17 11:45
Core Insights - ZenaTech, Inc. has launched the ZenaDrone's IQ Nano, an autonomous indoor drone aimed at US Department of Defense applications, focusing on inventory management, facility security, and search and rescue [1][2] - The company plans to pursue Green UAS certification, followed by Blue UAS certification, to be recognized as a secure drone supplier for military customers [1][6] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, with a focus on mission-critical applications [7] - The company has been expanding its drone design and manufacturing capabilities since 2017, serving sectors such as law enforcement, government, agriculture, defense, logistics, and land surveying [7][9] Product Features - The IQ Nano drone is designed for operations in GPS-denied and high-risk environments, automating tasks like inventory management and enhancing safety through precise barcode scanning [2][3] - Equipped with HD and thermal imaging, the drone supports secure indoor surveillance and has capabilities for autonomous flight and night vision, aiding in search and rescue operations [3][4] - The drone can operate as part of a fleet, allowing for simultaneous coverage of large or complex facilities, improving efficiency in inventory audits and surveillance [5] Certification Process - The Green UAS certification is a commercial certification for secure drones, while the Blue UAS certification is a military-grade approval that includes stringent security and performance evaluations [6]
ZenaTech's ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order
Globenewswire· 2025-06-12 12:15
Core Viewpoint - ZenaTech, Inc. is accelerating the development and deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology in response to a recent executive order aimed at enhancing drone defense solutions in the U.S. market [1][2][4] 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 operates globally with seven offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business model and partner network [6] Product Development - ZenaDrone, a subsidiary of ZenaTech, is set to integrate Counter-UAS technology into its flagship ZenaDrone 1000 platform, which is designed for both commercial and defense applications [1][3] - The ZenaDrone 1000 is a 12X7-foot rotary-wing octocopter capable of carrying up to 40 kg (88 lbs) of payload and flying for up to one hour before needing to recharge [5] - The drone can be equipped with various sensors for real-time intelligence, surveillance, and reconnaissance (ISR) applications [5] Market Context - The recent executive order, 'Restoring American Airspace Sovereignty', emphasizes the need for effective drone defense solutions and prioritizes U.S.-made systems over foreign alternatives, thereby boosting demand for counter-UAS technologies [2][4] - The company aims to meet the growing domestic and international demand for drone defense solutions by fast-tracking research and development, testing, and deployment efforts [2][3]
Historic Executive Order Fast-Tracks ZenaTech's ZenaDrone Subsidiary Manufacturing and Go-to-Market Plans for Dual-Use Defense and Commercial Drones
Globenewswire· 2025-06-10 12:30
Core Insights - ZenaTech is accelerating its manufacturing and go-to-market plans for dual-use drones due to a recent White House executive order aimed at enhancing American drone capabilities, which includes faster FAA approvals and prioritization of US-made drones [1][2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, with a focus on mission-critical applications across various sectors including defense, agriculture, and logistics [8][9] - The company operates globally with seven offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business model and partner network [8] Product Details - The ZenaDrone 1000 is a military-grade drone with a 40 kg payload capacity, 1-hour flight time, and capabilities for real-time ISR, border patrol, and tactical resupply [5] - The ZenaDrone IQ Nano and IQ Square are compact drones designed for ISR and tactical inspection, with features for GPS-denied environments and extended flight times [6][7] Market Opportunities - The executive order supports dual-use drones by promoting faster approval processes, export reforms, and prioritization in government procurement, which will benefit US manufacturers like ZenaDrone [1][2] - The government will expand the Blue UAS program, which certifies trusted drones for federal use, and ZenaDrone is preparing for Green UAS certification as a step towards this [4] Strategic Initiatives - The executive order includes mandates for federal prioritization of NDAA-compliant drones, securing domestic supply chains, and ensuring the Department of Defense can procure high-performance US drones [2][3] - ZenaTech's CEO emphasized the importance of this national strategy in facilitating access to commercial and defense markets by reducing regulatory barriers [3]
ZenaTech Launches Drone as a Service (DaaS) for US Defense and Government Agencies with New Partnerships
GlobeNewswire News Room· 2025-06-05 12:00
Core Insights - ZenaTech, Inc. has launched a Drone as a Service (DaaS) specifically for US Defense and Government agencies, supported by new partnerships with consulting firms for sales assistance [1][2][3] - The DaaS model allows defense customers to deploy mission-specific drone solutions without the need for capital equipment purchases, enhancing operational agility [3][7] - ZenaTech's drone solutions, including the ZenaDrone 1000 and compact models like IQ Nano and IQ Square, are designed for various military applications, emphasizing advanced technology and modularity [4][5][10] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies across multiple sectors including defense [8][9] - The company operates globally with offices in North America, Europe, Taiwan, and UAE, and is expanding its DaaS business model and partner network [9] Partnerships and Strategy - ZenaDrone subsidiary has engaged Bromelkamp Government Relations and Winning Strategies Washington for lobbying and defense business development, leveraging their extensive industry experience [2][3] - The partnerships are expected to facilitate relationships with various defense agencies as ZenaTech launches its DaaS service [3] Product Offerings - The ZenaDrone 1000 features a 40 kg payload capacity, 1 hour flight time, and advanced sensors for real-time ISR, making it suitable for tactical operations [4] - The IQ Nano and IQ Square drones are designed for ISR and tactical inspection in complex environments, offering features like obstacle avoidance and extended flight time [5] Compliance and Market Position - ZenaTech is pursuing Green UAS and Blue UAS certifications to meet federal standards, which are essential for participating in Department of Defense contracts [6] - The DaaS model provides customers with reduced upfront costs and operational convenience, aligning with the growing demand for secure aerial solutions in defense [7]
ZenaTech Pushes Forward on AI Drone Swarms, US Military Applications, and Quantum Computing Initiatives to be Highlighted at Three Upcoming Investor Conferences
Globenewswire· 2025-06-03 11:45
Core Insights - ZenaTech, Inc. is advancing its projects in drone swarms, US military applications, and quantum computing, which will be showcased at three upcoming investor conferences [1][2] - The company emphasizes the importance of intelligent, networked systems in modern military warfare, moving beyond traditional reliance on brute force [2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions for mission-critical applications [6] - The company has been enhancing its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [6] - ZenaTech's solutions are utilized across various sectors, including law enforcement, health, government, agriculture, defense, and logistics, driving operational efficiencies and cost savings [6] Upcoming Conferences - ZenaTech will participate in the Maxim Group Virtual Tech Conference on June 4, 2025, focusing on AI and quantum computing innovations [3] - The MicroCap Rodeo Investor Conference will take place on June 6, 2025, providing a platform for ZenaTech to connect with institutional investors [4] - The CEM Bermuda Capital Event will occur from June 7-9, 2025, where ZenaTech's executives will engage in investor meetings [5] Product Innovations - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions incorporating machine learning, AI, and quantum computing [7] - The ZenaDrone 1000 is utilized for crop management in agriculture and critical field cargo in defense, while the IQ Nano is designed for inventory management and security [8] - The IQ Square drone serves both indoor and outdoor applications for land surveys and inspections in commercial and defense sectors [8]