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ZenaTech's ZenaDrone Subsidiary Commences Testing of Its IQ Square Drone for Public Safety and Emergency Response Applications, a USD $5.5 Billion Market
Globenewswire· 2025-09-16 12:30
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for business and government applications [5] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies and safety across various sectors [5] Product Development - ZenaTech's subsidiary, ZenaDrone, is set to begin operational testing of the IQ Square outdoor drone, aimed at public safety and emergency response applications [1][2] - The IQ Square drone features a VTOL design, autonomous charging, and a flight time of 20 to 25 minutes, making it suitable for emergency management and law enforcement [3] Market Potential - The global public safety drone market was valued at approximately USD 5.5 billion in 2024 and is projected to exceed USD 15 billion by 2033, reflecting a compound annual growth rate of over 12% [4] - This growth is driven by the increasing use of drones for crowd monitoring, law enforcement support, disaster response, and critical infrastructure protection [4] Testing and Applications - The testing program for the IQ Square will include controlled trials and scenario-based exercises at a licensed UAV trial facility [2] - The drone is designed to enhance situational awareness during natural disasters and large public gatherings, and can deploy thermal imaging for search and rescue operations [3]
ZenaTech Announces the Acquisition of Lescure Engineers Inc. Expanding Drone as a Service (DaaS) to California’s Precision Agriculture and Viticulture Markets
Globenewswire· 2025-09-11 12:00
Core Insights - ZenaTech, Inc. has announced the acquisition of Lescure Engineers Inc., marking its first Drone as a Service (DaaS) acquisition in Northern California, which is a strategic move to enter a dynamic market for precision agriculture and land development [1][2][4] Company Overview - ZenaTech specializes in AI drones, DaaS, Enterprise SaaS, and Quantum Computing solutions, aiming to enhance operational efficiencies and cost savings across various sectors including agriculture, defense, and logistics [5][6] - The company has been expanding its DaaS business through acquisitions, with a goal of establishing 25 DaaS locations by mid-next year [4] Market Context - California's agricultural economy, which includes nearly 90% of US vineyard acreage, presents a significant opportunity for ZenaTech's AI-powered DaaS solutions, particularly in precision agriculture [3] - The acquisition of Lescure Engineers, which has expertise in civil engineering and land surveying, is expected to enhance ZenaTech's capabilities in providing sustainable and precise solutions for agriculture and viticulture [2][3] Strategic Goals - The acquisition is part of ZenaTech's broader strategy to innovate within the drone industry by integrating existing businesses that can benefit from drone technology, thereby creating a scalable, tech-enabled multiservice drone business [4]
ZenaTech Signs Offer to Acquire a Warehouse and Inventory Management Company with Established Long-Term US Defense Government Contracts, Accelerating DaaS Expansion on the East Coast
Globenewswire· 2025-09-09 12:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Southeast US-based warehouse and inventory management services company that serves the US Department of Defense, enhancing its capabilities in defense logistics and inventory management [1][2] - The acquisition aims to strengthen ZenaTech's Drone as a Service (DaaS) offerings and expand its relationships with US defense agencies, facilitating the delivery of advanced drone services [2][3] - ZenaTech has completed eight acquisitions towards its goal of establishing 25 DaaS locations by mid-2026, providing flexible access to drone services for business and government clients [3] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications [4] - The company has developed a range of drones, including the ZenaDrone 1000 for agriculture and defense, and the IQ Nano for indoor inventory management [5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its US DaaS business through acquisitions [4][5]
ZenaTech to Highlight Progress on Drone as a Service and US Defense Business at Multiple Upcoming Investor Conferences
Globenewswire· 2025-09-04 12:15
Company Overview - ZenaTech, Inc. is a business technology solution provider specializing in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions [6][7] - The company has been operational since 2017, focusing on software development and drone design to enhance customer processes in various sectors including law enforcement, health, government, and industrial applications [6][8] Upcoming Events - ZenaTech will participate in multiple investor conferences across the US and a European roadshow over the next two months, providing opportunities for presentations and one-on-one meetings with institutional investors [1] - Key events include the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, and the ArcStone-Kingswood Growth Summit 2025 [2] - The European Investor Roadshow will take place on September 18, 2025, in major German financial hubs, where ZenaTech's executives will discuss the company's growth strategy [3] Product and Service Development - The company is focusing on the rollout of its Drone as a Service business, advancements in commercial drone solutions, and developments in its US defense business [1] - ZenaDrone, a subsidiary of ZenaTech, specializes in autonomous drone solutions that integrate machine learning, AI, and Quantum Computing for various applications including agriculture and defense [8]
ZenaTech’s Zena AI Launches a Quantum Computing Initiative for US Defense and Homeland Security Drone Applications
Globenewswire· 2025-09-02 12:00
Core Insights - ZenaTech, Inc. is launching a new initiative called "Eagle Eye" through its defense-focused subsidiary, Zena AI Inc., which will integrate AI drones, historical and real-time data, and quantum computing to enhance decision-making and performance for US Defense and Homeland Security applications [1][2][3] Group 1: Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [6] - The company has been operational since 2017, leveraging software development expertise to innovate in drone design and manufacturing through its subsidiary, ZenaDrone [6] - ZenaDrone develops autonomous drone solutions that incorporate machine learning, AI, predictive modeling, and quantum computing for various applications, including agriculture and defense [8] Group 2: Initiative Details - The "Eagle Eye" initiative aims to provide predictive insights and optimize military logistics by combining real-time drone data with historical defense intelligence [3] - Zena AI Inc. was established to cater specifically to the US Defense community, focusing on advanced AI and quantum-powered solutions for mission-critical challenges [2][4] - The initiative is expected to enhance training and scenario planning through high-fidelity simulations, improving situational awareness for defense operators [3] Group 3: Technological Advancements - Quantum computing is highlighted as a transformative technology that can solve complex problems and process massive datasets at unprecedented speeds [5] - The integration of quantum technology with AI drone capabilities is anticipated to redefine defense operations, providing stronger security and better navigation even under attack [3][5] - The company plans to expand its development center and hire specialized engineers to enhance its capabilities in military and homeland security applications [4]
ZenaTech’s Spider Vision Sensors Expands Drone Component Manufacturing Capabilities Enabling Compliant Global Supply Chain for US Defense Customers
Globenewswire· 2025-08-28 13:40
Core Insights - ZenaTech, Inc. has announced the establishment of a new component parts manufacturing facility in Taiwan to enhance its supply chain for drones intended for US Defense and NATO [1][2] - The facility will be operated by ZenaTech's subsidiary, Spider Vision Sensors (SVS), and aims to reduce reliance on third-party suppliers while ensuring compliance with NDAA standards [1][2] - The new facility will manufacture critical components such as PCB boards, motors, cameras, and sensors, supporting the production of ZenaDrone models [2][3] 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 expanding its drone design and manufacturing capabilities since 2017, with applications in law enforcement, health, government, agriculture, defense, and logistics [4][5] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate advanced technologies for various applications, including agriculture and defense [5] Facility Details - The Taiwan facility will occupy 16,000 square feet and is expected to be operational by the end of 2025, with a team of approximately 30-40 personnel [1][3] - The facility will support compliance with US and NATO standards, including Green and Blue UAS certifications, ensuring high-quality production [2] - Components manufactured in Taiwan will be assembled into drones at ZenaDrone's facilities in Arizona and Sharjah, UAE, maintaining operational control [2] Strategic Importance - The establishment of the Taiwan facility is seen as a pivotal milestone for ZenaTech, enhancing its ability to meet rising demand from the US Defense Department and NATO allies [2] - This investment is expected to strengthen supply chain resilience and operational efficiency, positioning ZenaTech as a leader in drone innovation [2]
ZenaTech Signs Offer to Acquire a UK Telecom Sector 3D Design & Modeling Company, Expanding Drone as a Service European Footprint
Globenewswire· 2025-08-26 12:15
Core Insights - ZenaTech, Inc. has signed an offer to acquire a UK-based 3D design and modeling company, marking its first expansion of Drone as a Service (DaaS) into the UK market [1][2] - The acquisition aims to enhance ZenaTech's strategic international footprint in Europe and create new opportunities in the telecommunications and infrastructure sectors [1][2] - The target company specializes in advanced 3D scanning, modeling, and design services for telecom infrastructure, which aligns with ZenaTech's focus on drone-enabled solutions [2][3] Company Strategy - ZenaTech's acquisition strategy focuses on modernizing traditional surveying and inspection businesses by integrating AI drone technology, which is expected to accelerate market adoption and expand the client base [3] - The company has completed eight acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible access to advanced drone services for various sectors [4] Market Context - The telecommunications sector is undergoing significant transformation with the modernization of 5G infrastructure, creating opportunities for drone-based solutions to enhance efficiency and safety [2] - ZenaTech's DaaS model eliminates the need for clients to invest in drone hardware and software, making it an attractive option for businesses and government clients [4][5]
ZenaTech Signs Agreements to Acquire Two Florida Companies, Expanding Drone as a Service Footprint into Aviation, Defense, and Power Washing
Globenewswire· 2025-08-21 12:30
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]
ZenaTech Unveils New Quantum Computing Division to Accelerate Advanced Drone and Defense Capabilities
Globenewswire· 2025-08-19 12:30
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]
ZenaTech Signs Offer to Acquire a Flight School Enabling Complex BVLOS Missions and Potential Drone as a Service (DaaS) US Government and Military Contracts
Globenewswire· 2025-08-14 12:41
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]