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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]
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]