Core Insights - ZenaTech, Inc. has signed offers to acquire two Florida-based companies to expand its US Drone as a Service (DaaS) services, targeting drone-based power washing and new aviation, defense, government, and commercial customers [1][4] - The acquisitions are expected to unlock significant revenue potential and diversify ZenaTech's operations across the Southeast region and nationally [1][4] Acquisition Details - One acquisition involves a Florida-based power wash services company, marking ZenaTech's entry into the power washing sector, which is anticipated to grow due to increasing fleet sizes and stricter safety standards [2] - The second acquisition is a land surveying firm with over 30 years of experience, which will enhance ZenaTech's DaaS presence and expand drone services in construction and real estate [3] Strategic Vision - ZenaTech's CEO emphasized the strategic importance of expanding into aviation and defense, aiming to set new standards for safety, sustainability, and efficiency in aviation maintenance through autonomous drone technology [4] - The company has completed eight US acquisitions and aims to establish 25 DaaS locations across the US by mid-2026, focusing on providing flexible, on-demand access to drone services [4][5] Business Model and Market Position - ZenaTech's DaaS model eliminates the need for clients to invest in drone hardware and software, addressing maintenance, regulatory compliance, and pilot sourcing challenges [4] - The company targets established land survey engineering firms and other traditional service businesses that are suitable for drone innovation, aiming to create a scalable, tech-enabled multiservice drone business [5] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, leveraging its software development expertise to enhance customer operations across various sectors [6] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, and is focused on growing its US DaaS business through strategic acquisitions [6]

Core Insights - ZenaTech, Inc. has established a new Quantum Computing Division aimed at developing advanced computing solutions for defense and autonomous drone systems [1][3] - The division will focus on quantum innovations for secure communications, navigation without GPS, and AI optimization for drone fleets in defense applications [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, serving mission-critical business applications [7] - The company has been operational since 2017, enhancing its drone design and manufacturing capabilities through ZenaDrone, and has a diverse customer base across various sectors including law enforcement, health, government, and agriculture [7] Quantum Computing Division - The Quantum Computing Division will expand its current team from 12 to 20 by year-end, incorporating experts in AI, machine learning, quantum hardware, and computational sciences [3] - The division will also advance two existing Quantum R&D projects: Sky Traffic, which optimizes traffic flows using AI-enabled drones, and Clear Sky, which improves weather forecasts through AI drone swarms [4] Product Offerings - The ZenaDrone 1000 is a medium-sized VTOL drone capable of carrying up to 40kg, designed for various applications including defense, agriculture, and inspections [5] - The drone features AI-enabled autonomy and secure communications, and has undergone paid trials with the US Air Force and Navy Reserve [5] Industry Context - The US Department of Defense is prioritizing advancements in quantum-resistant communications and quantum sensing for drone navigation, aligning with ZenaTech's focus on these areas [2] - Quantum computing is recognized as a transformative technology that can solve complex problems beyond the capabilities of classical computers, enhancing data processing and analysis for drone applications [6]

Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, aiming to enhance operational efficiencies across various sectors [6][8] - The company has been expanding its capabilities since 2017, focusing on software development and drone design to serve industries such as law enforcement, health, government, and agriculture [6] Acquisition Announcement - ZenaTech has signed an offer to acquire a Florida-based FAA certified flight school, which will enable the company to train pilots for FAA Part 61 certification and complex BVLOS operations [1][3] - This acquisition is expected to enhance ZenaTech's internal capabilities, allowing it to build a qualified pilot workforce for specialized commercial and government contracts [3][4] Regulatory Context - The FAA is moving towards a new licensing system for BVLOS operations, which will require companies to demonstrate they have qualified personnel and appropriate training [4] - Current regulations necessitate that certain drone operations, especially those involving complex BVLOS scenarios, require pilots to hold a Part 61 license [2][4] Product Development - The ZenaDrone 1000 is a medium-sized VTOL drone designed for BVLOS use, capable of carrying approximately 40 kg and equipped with AI-enabled autonomy [5] - The drone has been tested in paid trials with the US Air Force and Navy Reserve for critical cargo delivery applications, indicating its potential in defense and logistics sectors [5][8] Strategic Goals - The acquisition and development of pilot training capabilities are part of ZenaTech's strategy to ensure regulatory readiness and accelerate market entry into the DaaS and defense markets [3][4] - The company aims to establish a national DaaS services network, positioning itself to capitalize on future opportunities as drone regulations evolve [3][4]

Core Insights - ZenaTech, Inc. reported a transformative second quarter in 2025, achieving a 500% year-over-year revenue increase and a 250% revenue increase for the first half of the year compared to the same period last year [1][6][9] Financial Overview - Record revenue for Q2 2025 reached $2.24 million, a 503% increase from $371,049 in Q2 2024 [6] - Revenue for the first half of 2025 was $3.38 million, up 251% from $962,428 for the same period in 2024 [6] - Drone as a Service (DaaS) contributed $1.98 million in revenue for the first half, alongside $1.39 million from enterprise SaaS [6] - Cash reserves increased to $10.29 million as of June 30, 2025, up from $3.75 million at year-end 2024 [6] - Total assets grew to $52.94 million from $34.65 million at December 31, 2024, reflecting the impact of acquisitions and technology investments [7] Operational Highlights - The company completed six acquisitions in the US land surveying and engineering sector, creating a nationwide platform for drone-powered solutions [6][7] - ZenaTech launched Zena AI, a specialized AI development center for defense applications, and submitted applications for Green UAS certification for its drones [4][6] - The company is expanding its manufacturing capabilities in the US to meet growing demand, including plans to triple its facility size in Phoenix [13] Market Position and Outlook - ZenaTech is well-positioned to expand its range of drone services in the US and globally, with a strong platform for long-term growth [9] - The demand for drone technology and software solutions is rapidly increasing, supported by new government policy directives in the US [9] - The company aims to achieve sustainable profitability as drone adoption accelerates globally, with a pipeline of target acquisitions to reach a total of 25 DaaS-related companies by mid-2026 [13]

Financial Performance - Revenue for the six months ended June 30, 2025, was CAD 3,377,316, a significant increase from CAD 962,428 in the same period of 2024, marking a growth of 251%[4] - Net loss for the six months ended June 30, 2025, was CAD 10,731,830, compared to a loss of CAD 377,466 in the same period of 2024, indicating a substantial increase in losses[4] - General and administrative expenses for the six months ended June 30, 2025, totaled CAD 10,279,137, up from CAD 1,025,324 in the same period of 2024, a rise of 901%[4] - The company reported a basic loss per share of CAD (0.31) for the six months ended June 30, 2025, compared to CAD (0.02) in the same period of 2024[4] - The company experienced a cash outflow from operating activities of CAD 10,842,797 for the six months ended June 30, 2025, compared to CAD 1,289,080 for the same period in 2024[10] Assets and Liabilities - Total assets increased to CAD 52,937,589 as of June 30, 2025, up from CAD 34,646,359 as of December 31, 2024, representing a growth of 52%[2] - Total liabilities rose to CAD 21,043,122 as of June 30, 2025, compared to CAD 12,827,016 as of December 31, 2024, reflecting a 64% increase[3] - Cash reserves increased to CAD 10,286,027 as of June 30, 2025, up from CAD 3,754,075 as of December 31, 2024, representing a growth of 174%[2] - Long-term assets grew to CAD 37,660,840 as of June 30, 2025, compared to CAD 28,367,882 as of December 31, 2024, an increase of 33%[3] - The total shareholders' equity rose to CAD 31,894,467 as of June 30, 2025, compared to CAD 21,819,343 as of December 31, 2024, reflecting a growth of 46%[3] Acquisitions and Investments - The company issued shares for indoor drone technology amounting to CAD 900,000 and for the conversion of debt totaling CAD 1,629,000 during the six months ended June 30, 2025[6] - The Company acquired ZooOffice, Inc., Ecker Capital, LLC., and several patents from Epazz in Q4 2024, issuing Common Shares, Super Voting shares, and preferred shares as consideration[20] - ZenaTech acquired six land surveying companies, which are expected to integrate drone technology into their operations, reducing reliance on traditional surveying methods[34] - The Company plans to open a manufacturing facility in Nevada, USA, and sales offices in Germany, Ireland, UAE, and the UK, while negotiating with potential drone clients in Europe, Asia, and South America[41] - ZenaTech acquired the Drone Assembly Patent for an undisclosed number of shares, enhancing the capabilities of the ZenaDrone 1000[68] Revenue Streams - ZenaTech's revenue primarily comes from software licensing and support agreements, representing approximately 90% of total revenue[90] - Custom software programming contributes about 10% of the company's revenue, with projects typically completed within 6-8 weeks[91] - Total revenue for enterprise software for the six months ended June 30, 2025, was $1,393,968, with the largest contribution from the USA at $1,345,210[99] - Drone as a Service generated revenue of $1,983,348 for the six months ended June 30, 2025, all from the USA[99] Financial Instruments and Accounting - ZenaTech's financial instruments are accounted for according to IFRS 9, with classifications based on the business model for managing financial assets[75] - The company recognizes impairment losses for indefinite-life intangibles and goodwill at least annually[72] - ZenaTech's collection policy includes creating a reserve for uncollected accounts receivable based on management's experience[54] Staffing and Operations - The company currently employs 35 staff and utilizes 300 contractors through the management services agreement, totaling 335 personnel[101] - The company is testing drone technology in the UAE, US, Ireland, and plans to start testing in Turkey soon[97] Intangible Assets and Goodwill - Total intangible assets amounted to $5,469,833, with goodwill contributing $3,999,052[199] - The total goodwill from acquisitions is $3,999,052, with a breakdown of $2,468,722 from PacePlus and $456,860 from Wallace[199] - The company has fully amortized intangibles for ZenaPay, SystemView, and ZigVoice as of December 31, 2024[200] - Intangible costs from newly acquired companies Weddle, KJM, and Othership began amortization in Q2 2025[200] Market Position and Future Outlook - ZenaTech's drone as a service (DaaS) segment became a separate financial reporting segment in 2025, reflecting the Company's expansion into the drone industry[21] - The Company anticipates that drone-based land surveying will grow, leading to a decrease in conventional land surveys as a percentage of overall business[34] - ZenaTech is focused on expanding its expertise in quantum computing applications through the acquisition of Othership, Limited, enhancing its capabilities in AI drone and enterprise SaaS areas[25]

Core Viewpoint - ZenaTech, Inc. has completed its eighth and largest acquisition of Cardinal Civil Resources, enhancing its Drone as a Service (DaaS) capabilities and expanding its footprint in the Southeast region of the United States, aligning with new regulatory changes in the drone industry [1][4]. Company Overview - ZenaTech specializes in AI-powered drones, DaaS, Enterprise SaaS, and Quantum Computing solutions, aiming to innovate and improve operational efficiencies in various sectors [6][9]. - The company has established a goal of acquiring and establishing 25 DaaS locations nationwide by mid-next year, having completed eight acquisitions to date [5]. Acquisition Details - The acquisition of Cardinal Civil Resources, a reputable land surveying and engineering firm, strengthens ZenaTech's relationships with major clients, including the US Department of Transportation [1][2]. - Cardinal Civil Resources has a strong portfolio, serving federal and state agencies, municipalities, and prominent commercial clients, which enhances ZenaTech's market position [2][7]. Strategic Timing - The acquisition coincides with the proposed BVLOS (Beyond Visual Line of Sight) rule by US Transportation Secretary Sean Duffy, which aims to streamline drone operations and expand their commercial use [4][5]. - This regulatory change is expected to unlock wider drone applications for government land and road projects, positioning ZenaTech favorably in the market [4]. Market Positioning - ZenaTech's DaaS model offers flexible, on-demand access to drone services, eliminating the need for customers to invest in drone hardware and software, thereby creating recurring revenue opportunities [5][8]. - The company is focused on acquiring land survey engineering firms and other innovative businesses to enhance its scalable, tech-enabled multiservice drone operations [5].

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]

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]

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]

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]