Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions [1][7] - The company is expanding operations by opening a new European Headquarters in Dublin, Ireland, to enhance its drone sales and DaaS services [1][2] Market Opportunity - The European agricultural drone market was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 43.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 28.58% [4] - Growth in this market is driven by the adoption of drones for various agricultural applications, supported by favorable government policies and a focus on sustainable farming practices [4] DaaS Business Model - ZenaTech's DaaS model incorporates the ZenaDrone 1000 and IQ series of multifunction autonomous drones, offering services such as land surveys, power line inspections, and inventory management [5][6] - This model provides customers with reduced upfront costs and convenience, eliminating the need for purchasing hardware, finding pilots, and managing maintenance [6] Strategic Goals - The expansion in Dublin is part of ZenaTech's strategy to scale its drone and DaaS offerings globally, particularly in the fast-growing agricultural drone markets in Europe [3][4] - The company aims to enhance crop yields while reducing operational costs through its AI-powered drone solutions [3]
ZenaTech Expands Ireland Office Offering Drone as a Service (DaaS) Including Precision Agriculture to a European Market Growing at 28.6% Annually