ZenaTech, Inc.(ZENA)
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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]
ZenaTech Developing Quantum Computing and AI Drone Fleets to Prevent Wildfires in the Western US
Globenewswire· 2025-05-29 12:30
Core Insights - ZenaTech is launching a strategic initiative to utilize quantum computing and AI-powered drones for wildfire detection and response in the US Western and Coastal states, as part of its Clear Sky project aimed at mitigating billion-dollar weather events [1][4] Group 1: Technology and Innovation - The integration of quantum computing with AI drone systems enables ZenaTech to process large volumes of atmospheric and terrain data, providing near real-time wildfire predictions and response strategies with high speed and accuracy [2][5] - ZenaTech's ZenaDrone 1000 and fleets of drones equipped with advanced sensors can autonomously cover over 300 square miles, gathering environmental data for predictive modeling of wildfire spread based on various factors [3][4] Group 2: Strategic Partnerships and Expansion - ZenaTech has acquired a Portland-based land survey engineering company to enhance its Drone as a Service (DaaS) capabilities, focusing on wildfire management in the Pacific Coast areas [4] - The company plans to leverage its partnership with Wyoming Native American tribes for testing fire mitigation and monitoring of tribal lands, expanding its R&D team to 20 engineers dedicated to wildfire modeling and AI-augmented forecasting [4] Group 3: Market Context - In the previous year, there were 58 billion-dollar weather disasters globally, with 27 occurring in the US, highlighting the increasing threat of extreme weather events that ZenaTech aims to address through its innovative solutions [6]
ZenaTech Provides Quantum Computing Update on ‘Clear Sky' Weather Forecasting Project─AI Drone Swarms to Combat Steep Rise in Billion Dollar Extreme Weather Events
Globenewswire· 2025-05-27 12:15
Core Insights - ZenaTech, Inc. is advancing its "Clear Sky" project, which utilizes AI drones and quantum computing for improved weather forecasting, aiming to save lives and reduce economic losses from extreme weather events [1][3] - The company plans to expand its quantum computing project team to enhance the development of Clear Sky and other internal projects [2] - The rise in billion-dollar weather disasters highlights the need for better predictive tools, with 58 such disasters recorded globally last year [3][5] 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 [6] - The company has been innovating in drone design and manufacturing since 2017, serving customers in law enforcement, health, government, and industrial sectors [6] - ZenaTech operates globally with seven offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business model [6] Technology and Innovation - The Clear Sky project employs AI-powered drone swarms to collect real-time atmospheric data, significantly improving weather prediction accuracy [3][4] - Quantum computing enhances the processing of complex data, allowing for faster and more accurate weather forecasts [4] - The use of drones in meteorology represents a transformative approach, enabling high-frequency localized measurements that improve early warning systems for extreme weather [3][4]
ZenaTech's National Drone as a Service (DaaS) Grows Through Closing a Fifth Acquisition, Adding Powerline Inspection Capabilities
GlobeNewswire News Room· 2025-05-22 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [7] - The company has been operational since 2017 and has expanded its drone design and manufacturing capabilities through its subsidiary, ZenaDrone [7] Recent Acquisition - ZenaTech has completed its fifth US acquisition by acquiring Laventure & Associates, Inc., enhancing its expertise in the powerline inspection market [1][2] - Laventure & Associates, based in Fort Pierce, Florida, has over two decades of experience and a strong portfolio of repeat customers, particularly in multi-year power line inspections [1] Market Potential - The global drone power line inspection market was valued at approximately USD 26.66 billion in 2024 and is projected to grow to USD 323.8 billion by 2032, with a CAGR of 36.63% [3] - This growth presents significant opportunities for ZenaTech to expand its DaaS services portfolio [2] Service Capabilities - ZenaTech plans to integrate land surveying and inspection expertise with advanced drone capabilities to provide faster, safer, and more precise powerline inspections [4] - The DaaS model allows customers to access drone services without the need for upfront hardware costs, maintenance, or regulatory approvals, making it scalable based on business needs [6] Product Offerings - The DaaS business will utilize the ZenaDrone 1000 and the IQ series of multifunction autonomous drones for various applications, including land surveys, power line inspections, and inventory management [5] - The business model is designed to be accessible and cost-effective, similar to an Uber-like subscription service [5]
ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer
Globenewswire· 2025-05-20 11:45
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, aiming to innovate and improve processes in various sectors since 2017 [5] - The company operates globally with seven offices across North America, Europe, Taiwan, and UAE, focusing on building a DaaS business model and a global partner network [5] Acquisition Strategy - ZenaTech has announced an offer to acquire a Florida land survey engineering firm, which would enhance its DaaS presence in the rapidly growing Florida market [1] - This acquisition would be the fourth in the Southeast region and the fifth nationally, indicating a strategic expansion in the land survey sector [1] Market Growth - The global drone survey market is experiencing significant growth, projected at over 19% annually, which ZenaTech aims to leverage for building a scalable, recurring revenue business [2] - Accurate land surveys are crucial for various construction and legal projects, and the use of drones is revolutionizing the industry by significantly reducing the time required for data collection [2] DaaS Business Model - The DaaS model allows customers to access drone technology solutions on a subscription or pay-per-use basis, eliminating the need for purchasing and maintaining expensive drone hardware [3][4] - This model provides convenience and scalability for businesses and government customers, enabling them to utilize advanced drone technology without upfront costs [4] Product Offerings - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate machine learning, AI, and Quantum Computing for various applications, including agriculture and defense [6] - The ZenaDrone 1000 and IQ Nano drones are examples of products designed for crop management and inventory management, respectively, showcasing the versatility of ZenaTech's offerings [6]