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ZenaTech (NasdaqCM:ZENA) Conference Transcript
2026-02-26 20:22
ZenaTech (NasdaqCM:ZENA) Conference February 26, 2026 02:20 PM ET Company ParticipantsJames Sherman - CFOLinda Montgomery - VP of Corporate DevelopmentConference Call ParticipantsNone - AnalystNoneWelcome back. Next, we have ZenaTech traded on the Nasdaq under the symbol ZENA. It's a technology company specializing in AI drone, Drone-as-a-Service, enterprise SaaS and quantum computing solutions for mission-critical business applications. Happy to welcome Vice President, Corporate Development, Linda Montgome ...
ZenaTech’s ZenaDrone Initiates Defense-focused Quantum Navigation System for GPS-Denied Drone Operations
Globenewswire· 2026-02-26 13:00
VANCOUVER, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its drone subsidiary ZenaDrone has initiated the development of a quantum navigation system designed to enable secure drone operations in GPS-denied and satellite-compromised environments. The system will in ...
ZenaTech Wins the Morrissey Goodale 2026 Most Prolific and Proficient Acquirer Award for Growing its Drone as a Service Network
Globenewswire· 2026-02-24 12:30
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has won the 2026 Most Prolific and Proficient Acquirer Award from Morrissey Goodale – a renowned management consulting and advisory firm exclusively serving the architecture, engineering, and environmental (AE ...
ZenaTech Advances its Autonomous AI Drone Power Wash Platform and Dubai Drone as a Service Presence
Globenewswire· 2026-02-17 12:30
Core Insights - ZenaTech is advancing its AI autonomous drone power wash system for building cleaning and outdoor maintenance, currently testing at a facility in Dubai [1][2] - The global drone-based cleaning services market is growing at 17% annually, projected to exceed USD 13 billion by 2030, presenting a significant opportunity for ZenaTech [2] - The company is establishing a Drone as a Service (DaaS) location in Dubai, hiring staff and training drone pilots to support its operations [3] Company Developments - ZenaTech's power wash system utilizes LiDAR scanning and AI to create optimized cleaning plans, enhancing efficiency and reducing manual labor [2] - The ZenaDrone IQ Square is designed for various applications, including power washing, with a payload capacity of up to 7 kilograms and a flight time of approximately 20 minutes [4] - The company is building a global DaaS network by acquiring established service companies and integrating drone technology into traditional industries [5] Market Position - ZenaTech aims to modernize the labor-intensive cleaning industry by leveraging drone technology, data, and AI to improve safety and operational efficiency [2][5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS services through acquisitions [7]
ZenaTech’s Drone as a Service Opens the 23rd Global Location in Orlando, Fla. to Focus on Government Agencies
Globenewswire· 2026-02-12 13:15
Core Insights - ZenaTech, Inc. has opened a new Drone as a Service (DaaS) location in Orlando, marking its 23rd global DaaS site, aimed at serving high-value government and defense customers with surveying and mapping services [1][2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for business, government, and defense applications [6] - The company has been expanding its capabilities since 2017, focusing on software development and drone design to enhance operational efficiencies and cost savings for clients [6] Strategic Importance - Florida is identified as a key state for DaaS due to its robust infrastructure and defense-related activities, which positions ZenaTech to pursue government opportunities effectively [2] - The Orlando DaaS hub will facilitate relationships with various government agencies, including defense installations and energy infrastructure projects [2] Operational Details - The Orlando DaaS location will be staffed by a ten-person team, including pilots and survey technicians, with full operations expected to commence by early April [3] - Initially, the hub will utilize traditional survey methods while integrating drone technology and obtaining necessary certifications for drone applications in defense and infrastructure projects [4] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to drone services for various applications, including surveying, inspection, and precision agriculture, without the burden of ownership costs [5] - The company aims to build a global DaaS network through acquisitions of established service companies that are ready for drone innovation [5]
ZenaTech's Drone as a Service Expands Builder Services Capability Delivering Drone-Driven Speed and Precision to Surveying for Homebuilders
Globenewswire· 2026-02-10 13:30
Core Insights - ZenaTech, Inc. integrates drone-based workflows into land surveying services for national homebuilders, enhancing speed, precision, and reliability in obtaining permits [1][3] - The company aims to reduce survey turnaround time from 10 days to 3 days or less through the incorporation of Drone as a Service and standardized processes from its acquired firm, Cardinal Civil Resources [2][3] 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 has expanded its capabilities through acquisitions, including Cardinal Civil Resources, which has a strong history of serving major U.S. homebuilders [5][6] Market Context - The U.S. homebuilding market is valued at over $1 trillion, driven by increasing demand for new homes and the need for efficient construction processes [3] - Delays in paperwork are significant challenges for residential builders, and ZenaTech's solutions aim to streamline the permitting process, thereby reducing construction cycle delays [3] Service Offerings - ZenaTech's Drone as a Service includes essential surveying tasks such as topography, plot plans, boundary validation, zoning compliance, and jurisdiction-specific formatting [3] - The integration of drones and proprietary software is designed to enhance operational efficiencies and reduce costs in the homebuilding sector [6] Upcoming Events - ZenaTech's Drone as a Service will showcase its innovations at the 2026 International Builders' Show (IBS) in Orlando, Florida, from February 17–19 [4]
ZenaTech (NasdaqCM:ZENA) Conference Transcript
2026-02-05 22:02
Summary of ZenaTech Conference Call Company Overview - **Company Name**: ZenaTech - **Business Segments**: - Drone manufacturing (ZenaDrone) - Drone-as-a-Service (DaaS) - Enterprise SaaS software solutions - **Target Markets**: Government, military, construction, agriculture, energy, and inspection sectors [2][3] Financial Performance - **Public Listing**: ZenaTech went public on October 1, 2024, via a direct listing on Nasdaq [3] - **Revenue Growth**: - 2024 revenue: $2 million (entirely from enterprise SaaS) [5] - Q3 2025 revenue: $7.73 million, marking a growth of 1,225% [6] - Over 60% of 2025 revenue attributed to the drone division [6] - **Cash Position**: $19.5 million in cash and marketable securities [6] Business Strategy - **Acquisitions**: Completed 20 acquisitions, primarily targeting land survey companies to enhance DaaS capabilities [6][15] - **Market Focus**: - Emphasis on government and military contracts, particularly with the ZenaDrone 1000, a medium-sized heavy-lift cargo drone [7] - Pursuing Green UAS and Blue UAS certifications for military procurement [7] - **Expansion Plans**: Aiming for 25 acquisitions by mid-2026, with a focus on integrating drones into DaaS [19][26] Product Development - **Drone Solutions**: - ZenaDrone 1000 for defense applications [12] - IQ series for inventory management and land surveying [13][14] - **R&D Focus**: Advanced AI applications for military use, traffic management, and fire detection [27] Market Dynamics - **Regulatory Environment**: Favorable policy directives for U.S.-made drones, especially following the ban on Chinese drones [9][10] - **Industry Trends**: Increasing demand for drone technology in various sectors, with a focus on improving efficiency and reducing costs [39] Competitive Advantage - **Vertical Integration**: ZenaTech develops and manufactures its own components, which differentiates it from competitors [37][24] - **Recurring Revenue**: The combination of software and DaaS provides a stable revenue stream [24] Future Outlook - **Growth Potential**: Focus on industries ripe for drone technology, such as inspection and power washing [39] - **Technological Partnerships**: Open to exploring partnerships with tech companies to enhance drone capabilities [36][37] Key Takeaways - ZenaTech is positioned for significant growth in the drone market, leveraging acquisitions and a diversified business model - The company is actively pursuing government contracts and expanding its manufacturing capabilities - Regulatory changes and market dynamics present a favorable environment for U.S. drone manufacturers [10][11]
ZenaTech’s Drone as a Service Announces Initiation of its Golf Course Survey Services Across Florida
Globenewswire· 2026-02-05 13:30
Core Insights - ZenaTech, Inc. is expanding its Drone as a Service (DaaS) platform by introducing specialized golf course survey and mapping services, starting in Florida with plans for broader U.S. expansion [1][2] - The company has successfully completed drone-enabled surveys for five championship-level golf courses, establishing a strong operational foundation for scaling this service [1][2] - ZenaTech's DaaS platform aims to provide clients with on-demand or subscription-based access to advanced drone services, enhancing efficiency and reducing operational burdens [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for commercial, government, and defense applications [4] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, and surveying processes, with a focus on operational efficiency and cost savings [4] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its DaaS business through acquisitions [4] Service Offerings - The new golf course survey and maintenance service utilizes drone-captured data processed through specialized mapping software, providing faster and more accurate insights compared to traditional methods [2] - ZenaTech's DaaS platform includes a variety of services such as surveying, inspection, maintenance, and precision agriculture, aimed at both business and government clients [3] - The company is building a multi-service DaaS network by acquiring established service companies that are currently using low-tech processes, facilitating next-gen drone integration [3]
ZenaTech Signs Offer to Acquire a Second Virginia Based Land Surveying Firm, Strengthening Drone as a Service Access to Federal Government Opportunities within the D.C. Metro Area
Globenewswire· 2026-02-03 13:00
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Virginia-based land surveying company, enhancing its Drone as a Service (DaaS) presence in the Washington, D.C. metro area [1][2] - The acquisition aims to expand opportunities for ZenaTech's DaaS solutions to federal government agencies, capitalizing on the growing demand for advanced drone technology services [2][3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications for commercial, government, and defense sectors [6] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, safety, security, compliance, and surveying processes [6] Acquisition Details - The Virginia-based surveying company provides a range of services across the D.C. area, catering to clients with complex regulatory and operational needs [4] - The integration of ZenaTech's drone technologies is expected to enhance applications such as real-time construction monitoring and improved infrastructure planning [4] Strategic Importance - The D.C. area is identified as a strategically important market for ZenaTech, with significant demand for drone-based solutions from federal agencies [2] - The acquisition is anticipated to deepen relationships with federal, state, and municipal agencies, supporting long-term infrastructure and modernization initiatives [2][3] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to various drone services, eliminating the need for capital costs associated with owning a fleet [5] - The company aims to build a global DaaS network by acquiring established service companies that are ready for drone innovation [5]
ZenaTech Provides an Update on its Taiwan-Based Spider Vision Sensors Manufacturing Facility Supporting Manufacturing of NDAA-Compliant Drone Components to Meet US Defense Regulations
Globenewswire· 2026-01-29 13:30
Core Insights - ZenaTech is enhancing its Taiwan-based Spider Vision Sensors (SVS) facility to comply with the National Defense Authorization Act (NDAA), aiming to build a vertically integrated supply chain for secure drone technologies [1][2] - The facility is set to begin production of printed circuit boards (PCBs) and is expected to be fully operational within the quarter [1][2] - The strategic investment in the SVS facility aims to strengthen supply chain resilience, enable customization, and support growth aligned with long-term operational goals [2] Facility and Production - The SVS facility spans 16,000 square feet and has completed critical infrastructure and assembly line buildout, securing all necessary permits for regulatory compliance [2] - Essential manufacturing equipment, including PCB and Surface Mount Technology (SMT) assembly machines, is being installed and calibrated, with initial production capacity focused on PCBs [2] - Pilot production is underway to validate processes and ensure NDAA compliance by sourcing drone parts free from restricted Chinese-made components [3] Product Development and Market Position - The SVS facility will support the scaled production of drone components for ZenaDrone platforms, including the ZenaDrone 1000 and its IQ Series, with final assembly occurring in Mesa, Arizona [3] - ZenaTech specializes in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, targeting commercial, government, and defense sectors [4] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions for various applications, including agriculture and defense, with products like the ZenaDrone 1000 and IQ Nano [5]