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ZenaTech's ZenaDrone Subsidiary to Conduct Meetings with Members of Congress Highlighting its Drone Innovation Followed by Showcasing Drone Solutions at the AUVSI Defense Forum
Globenewswire· 2025-10-16 12:30
Core Insights - ZenaTech, Inc. is actively engaging with U.S. Congress and stakeholders to discuss drone innovations and U.S. manufacturing plans through its subsidiary ZenaDrone [1][2] - The company aims to establish itself as a trusted supplier of drone solutions to U.S. defense agencies and NATO, focusing on building relationships and influencing policy [2] - ZenaDrone will showcase its drone solutions at the AUVSI Defense 2025 Forum, a key event for discussions on drone and autonomous systems [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 [5] - The company has developed a range of drones, including the ZenaDrone 1000, IQ Square, and IQ Nano, designed for various applications in defense, agriculture, and logistics [6][8] - ZenaDrone is committed to expanding its domestic footprint and supporting skilled U.S. jobs while ensuring its drone platforms align with the evolving priorities of defense and government agencies [2][4] Industry Engagement - ZenaDrone is an Advocacy-level member of AUVSI, participating in committees that shape policies for drone operations and defense acquisition [4] - The company is involved in critical discussions at the AUVSI Defense Forum regarding multi-domain integration and the future of interoperable defense technologies [3] - ZenaDrone's participation in these forums provides direct access to federal decision-makers and a platform to influence key policy initiatives [4]
ZenaTech Strengthens Drone as a Service (DaaS) Business for Government and Aviation Markets by Signing an Offer to Acquire a Second Jacksonville, Fla. Land Survey Firm
Globenewswire· 2025-10-14 11:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Jacksonville-based land surveying and inspection firm, marking its second strategic acquisition in the area to penetrate the growing Florida government and aviation markets [1][2] - The acquisition aims to enhance ZenaTech's Drone as a Service (DaaS) offerings, leveraging advanced geospatial technology for critical infrastructure and land development projects [2][4] - Florida's state budget allocates over $345.4 million for aviation infrastructure in the 2025/26 budget, indicating strong demand for drone-enabled surveying and inspection services [3] Company Strategy - ZenaTech has completed 11 acquisitions towards its goal of establishing 25 DaaS locations by mid-2026, providing flexible on-demand access to drone-based services [4] - The DaaS model allows businesses and government customers to avoid capital costs associated with drone operations, thus promoting innovation in various sectors [4] - The company is focused on acquiring land survey engineering and other businesses that can benefit from drone technology, aiming to create a scalable, tech-enabled multiservice drone business [4] Market Opportunity - Jacksonville is identified as an underserved market for advanced drone-based surveying and inspection services, with significant opportunities arising from the region's expanding public-works initiatives [2] - The Florida aviation market is experiencing substantial growth, driven by investments in airport expansion and modernization, which increases the demand for drone services [2][3] - The combination of ZenaTech's recent acquisitions positions the company to capture a strong foothold in the Southeast US market for drone services [2][4]
ZenaTech Develops 5-Qubit Quantum Hardware for AI Drone Real-Time Data Processing, Defense Applications
Yahoo Finance· 2025-10-11 13:48
Company Overview - ZenaTech Inc. (NASDAQ:ZENA) is recognized as one of the best performing new tech stocks, focusing on developing a proprietary quantum computing hardware platform [1] - The company specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions [4] Quantum Computing Development - ZenaTech is developing a quantum computing hardware platform aimed at enhancing the capabilities of ZenaDrone's AI drones for real-time data applications and predictions [1] - The initial prototype of the quantum hardware is designed with a capacity of up to five qubits, which will serve as a foundation for future systems [2] Applications and Market Potential - The quantum computing platform is expected to be applied in defense projects and various commercial sectors, particularly in processing large volumes of sensor and surveillance data [2][3] - ZenaTech plans to support the Department of War and NATO partner countries by leveraging the rapid data processing capabilities of quantum computing [3]
ZenaTech Announces the Acquisition of Tucson-based Putt Land Surveying Inc., and Acceleration of Drone as a Service (DaaS) Growth in the Phoenix Area and Across Arizona
Globenewswire· 2025-10-09 12:15
Core Insights - ZenaTech, Inc. has completed the acquisition of Putt Land Surveying, Inc., enhancing its Drone as a Service (DaaS) business and expanding operations in Arizona [1][2][4] Company Overview - ZenaTech specializes in AI drones, DaaS, Enterprise SaaS, and Quantum Computing solutions for business and government applications [5] - The company has been growing its drone design and manufacturing capabilities since 2017, focusing on improving operational efficiencies and cost savings for various sectors [5][6] Acquisition Details - The acquisition of Putt Land Surveying marks ZenaTech's eleventh acquisition aimed at establishing 25 DaaS locations by the end of Q2 2026 [4] - Putt Land Surveying has over 40 years of experience and a strong client base, including the City of Tucson and various school districts [2][4] Strategic Goals - The acquisition is expected to strengthen ZenaTech's growth trajectory in Phoenix, with plans to hire additional land survey staff and establish a drone manufacturing facility [2][3] - The DaaS model allows customers to access drone-based services on a pay-per-use or subscription basis, eliminating the need for capital investment in drones and associated costs [4] Market Position - ZenaTech aims to innovate traditional service businesses by integrating drone technology, targeting established and profitable companies for acquisition [4] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS business through strategic acquisitions [5]
ZenaTech's Taiwan Manufacturing Facility Advances to Commissioning Phase and Assembly Line Setup for NDAA-Compliant Drone Components for US Defense
Globenewswire· 2025-10-07 12:30
Core Insights - ZenaTech, Inc. has advanced its subsidiary Spider Vision Sensors (SVS) to the commissioning phase for a new drone components manufacturing facility in Taipei, Taiwan, which is expected to begin production by early 2026 [1][2][3] Company Developments - The new facility spans 16,000 square feet and will focus on manufacturing Printed Circuit Boards (PCBs) and drone cameras and sensors [1][2] - The facility aims to establish a reliable, NDAA-compliant supply chain, enhancing ZenaTech's position in the US defense market by vertically integrating component manufacturing in Taiwan [3] - The manufacturing facility will expand to produce critical drone components, including motors and various sensors, with components shipped to ZenaDrone's assembly centers in Phoenix, Arizona, and Sharjah, UAE [4] Workforce and Operations - The facility is expected to employ 30-40 personnel, including engineers, technicians, and R&D staff, to support component production [5] - ZenaTech's drone models, including ZenaDrone 1000, IQ Square, and IQ Nano, will be produced and assembled at the Arizona facility, ensuring high-quality standards and operational control [4] Industry Context - ZenaTech specializes in AI drones, Drone as a Service (DaaS), and Quantum Computing solutions, serving various sectors including law enforcement, health, government, agriculture, defense, and logistics [6][7] - The company has been leveraging its software development expertise since 2017 to innovate and improve operational efficiencies across its product offerings [6]
ZenaTech Announces Establishment of Its Global Drone as a Service (DaaS) Business Headquarters in Orlando, Leveraging an Industry Growing at Over 36% Annually
Globenewswire· 2025-10-02 12:30
Core Insights - ZenaTech has chosen Orlando, Florida as the headquarters for its Drone as a Service (DaaS) business, aiming to support its expanding national and international network of acquisitions and drone service integration [1][2] - The company plans to secure a 20,000 square-foot facility to serve as a central hub for operations and to directly support its Southeast region offices [1][2] - ZenaTech has completed ten acquisitions in the U.S. and aims to establish 25 DaaS locations by the end of Q2 2026, providing flexible drone-based services to business and government customers [3] Company Developments - The Orlando headquarters is expected to generate job growth, increasing local DaaS staff from three to ten by the end of 2025 and up to 50 by Q2 2026, with roles in business development, marketing, and operations [2] - The company is acquiring established service businesses to innovate with drone technology, enhancing operational efficiencies and recurring revenue [3] Market Overview - The global drone services market is projected to grow from USD 33.55 billion in 2025 to approximately USD 555.58 billion by 2034, reflecting a CAGR of 36.60% from 2024 to 2034 [4] - The North American drone services market is estimated at USD 8.84 billion in 2024, with a forecasted CAGR of 36.78% [4] Company Background - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing, focusing on mission-critical applications for business and government since 2017 [5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its U.S. DaaS business through acquisitions [5]
ZenaTech Developing Proprietary Quantum Computing Hardware Platform for Defense, Infrastructure and Drone Fleet Projects
Globenewswire· 2025-09-30 12:30
Core Insights - ZenaTech is developing a proprietary quantum computing hardware platform to enhance its AI drone capabilities for real-time data applications and predictions, targeting both defense and commercial sectors [1][2][3] - The initial prototype will have a capacity of up to five qubits, serving as a foundation for future advancements in quantum computing integrated with AI drones [1] - The integration of quantum computing is expected to significantly improve the speed, accuracy, and predictive capabilities of drone systems, particularly in defense applications [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions for critical business and government applications [6] - The company has been expanding its drone design and manufacturing capabilities since 2017, focusing on sectors such as agriculture, defense, and logistics [6][8] - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional AI drone solutions for various applications, including industrial surveillance and monitoring [7][8] Quantum Computing Initiatives - ZenaTech is advancing two dedicated quantum R&D initiatives: Sky Traffic and Clear Skies, aimed at optimizing weather forecasting, environmental monitoring, and traffic management [4] - Quantum computing is positioned as a transformative technology that can process complex data at unprecedented speeds, enhancing capabilities in various applications [5] Market Positioning - By developing its own quantum computing hardware, ZenaTech aims to reduce reliance on third-party providers and gain greater control over its innovation strategy, positioning itself as a leader in the defense and critical infrastructure technology sectors [3]
ZenaTech Signs Offer to Acquire Colorado Land Surveying Firm, Expanding National Drone as a Service (DaaS) Business into a $36 Billion US Surveying and Mapping Market
Globenewswire· 2025-09-25 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, and is expanding its national presence through acquisitions [1][4] - The company has completed ten acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible on-demand access to drone-based services [3] Acquisition Details - ZenaTech has signed an offer to acquire a Colorado-based land surveying firm, marking its first DaaS location in the Central West US region [1][2] - The acquired firm has a strong reputation in surveying services, which includes various types of land surveys and drone aerial topographic surveys across multiple Colorado counties [1][2] Market Insights - The US land surveying and mapping services market was valued at approximately USD 36.42 billion in 2024 and is projected to grow to USD 47.46 billion by 2033, indicating a strong demand for technology-enabled survey solutions [2] - Colorado's rapid population growth and increasing demand for infrastructure and renewable energy projects provide a robust platform for ZenaTech's expansion through its DaaS model [2] Strategic Vision - The CEO of ZenaTech emphasized the combination of traditional survey workflows with AI drone technology to enhance data capture speed and accuracy, aiming to modernize surveying processes and expand into other drone-based services [2] - The company plans to create new recurring revenue streams in a fast-growing market by integrating its technology into various applications, including utilities inspection and precision agriculture [2]
ZenaTech Closes Tenth Acquisition of A&J Land Surveyor Inc., Expanding Drone as a Service (DaaS) to Florida’s Aviation, Utility, and Infrastructure Markets
Globenewswire· 2025-09-23 11:30
Core Insights - ZenaTech, Inc. has completed the acquisition of A&J Land Surveyor, marking its tenth acquisition aimed at expanding its Drone-as-a-Service (DaaS) business [1][3] - The acquisition enhances ZenaTech's presence in Florida's aviation, utility, and infrastructure markets, leveraging A&J's established customer relationships and expertise [1][2] - ZenaTech aims to establish 25 DaaS locations by mid-2026, providing flexible drone-based services to businesses and government customers [3] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing, focusing on mission-critical applications for businesses and government [4] - The company has developed its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [4][5] - ZenaTech's solutions are utilized across various sectors, including agriculture, defense, and logistics, driving operational efficiencies and cost savings [4] Market Strategy - Florida is identified as a strategic growth market due to its favorable flying conditions and diverse terrain, which supports strong demand for aerial services [2] - The acquisition of A&J allows ZenaTech to expand into coastal and marine markets, enhancing its capabilities in hydrographic and bathymetric surveys [2] - The DaaS model eliminates the need for customers to invest in capital costs, making drone services more accessible [3]
ZenaTech Signs Offer to Acquire Washington Land Surveying and Mapping Firm Expanding Drone as a Service (DaaS) in the Northwest Tapping into an $8.5 Billion US Market
Globenewswire· 2025-09-18 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for business and government applications [4] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies and cost savings across various sectors [4] Acquisition Announcement - ZenaTech has signed an offer to acquire a land surveying and mapping firm in Washington, enhancing its DaaS business and establishing a presence in the Northwest [1][2] - This acquisition is expected to unlock significant opportunities in drone-based land and marine surveys, aligning with the company's vision to deploy AI-powered drones in traditional services [2] Market Potential - The US land surveying services market was valued at approximately USD 8.5 billion in 2024 and is projected to reach USD 12.3 billion by 2033, indicating strong demand for technology-enabled survey solutions [2] - The acquisition is part of ZenaTech's strategy to embed AI-powered drone technology into critical survey workflows, creating new opportunities for scalable recurring revenue [2][3] Growth Strategy - ZenaTech has completed nine acquisitions towards its goal of establishing 25 DaaS locations by mid-next year, focusing on flexible, on-demand access to drone services [3] - The company aims to eliminate the need for customers to invest in drone hardware, software, and regulatory compliance, thereby advancing its vision for a tech-enabled multiservice drone business [3] Product Offerings - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional AI drone solutions for various applications, including agriculture, defense, and logistics [5] - The ZenaDrone 1000 and IQ Nano drones are utilized for crop management and inventory management, respectively, showcasing the company's diverse product capabilities [5]