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]
ZenaTech Signs Offer to Acquire a Flight School Enabling Complex BVLOS Missions and Potential Drone as a Service (DaaS) US Government and Military Contracts