VANCOUVER, British Columbia, Oct. 30, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI-driven drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions announces it will participate in three upcoming US investor conferences. These high-profile investor events bring together a variety of institutional investors, fund managers and family offices to learn about new company stories and ...

Market Analysis by covering: AeroVironment Inc, Kratos Defense & Security Solutions, Unusual Machines Inc. Read 's Market Analysis on Investing.com ...

Core Insights - Unusual Machines Inc. has secured its largest Pentagon contract to date, producing 3,500 drone motors and components for the U.S. Army, with an additional order for 20,000 parts expected next year [2][6] - The company has seen significant stock fluctuations, with a year-to-date decline of 23.66% but a 110.49% increase over the past six months [4] - Trump Jr. joined Unusual Machines as an adviser in November 2024 and owns approximately 331,580 shares valued at around $4 million [3] Company Developments - Unusual Machines has recently engaged in multiple defense contracts, including a $12.8 million agreement with Strategic Logix and a $1.6 million deal with another domestic defense drone maker [9] - The company acquired Australia-based Rotor Lab for $7 million to enhance its motor production capabilities [9] - An $800,000 order was secured from Red Cat Holdings for NDAA-compliant components for defense applications [10] Market Performance - The company's market capitalization stands at $425.02 million, with shares experiencing a notable increase of over 375% following Trump Jr.'s advisory role announcement [4][5] - Despite recent challenges, including a $3.3 million operating loss attributed to tariffs, the company is positioned as a key U.S. supplier amid rising defense demand [9][10] Industry Context - The Pentagon's drone expansion strategy aligns with an executive order from President Trump aimed at bolstering the U.S. drone industry for military and commercial use [6] - The 101st Airborne Division emphasizes the importance of reliable drones for training and real-world scenarios, indicating a growing reliance on drone technology in military operations [7]

Core Insights - Volatus Aerospace Inc. plans to establish the Volatus Mirabel Innovation Centre and Drone Manufacturing Hub at Montréal–Mirabel International Airport, aimed at enhancing Canada's drone capacity for the Canadian Armed Forces and allied requirements [1][5] - The initiative aligns with the Canadian government's priorities to rebuild and reinvest in domestic capabilities and secure supply chains [1][5] Group 1: Manufacturing and Innovation - The new facility will span 200,000 square feet and is designed for scalability and efficiency, enabling the serial production of Canadian-built drone platforms [2] - The Mirabel Manufacturing Hub will facilitate the production of proprietary drone platforms and licensed manufacture of partner systems, ensuring compliance with NATO-aligned requirements [3] Group 2: Government Support and Strategic Importance - Investissement Québec International supports the establishment of the innovation center, highlighting its contribution to Québec's aerospace ecosystem [4] - The Canadian government has launched the Defence Investment Agency and pledged $500 million in NATO-aligned support for Ukraine, indicating a commitment to domestic defense capabilities [5] Group 3: Future Outlook and Demand - The demand for drone capabilities is expected to accelerate across Canadian Armed Forces and NATO missions, positioning Volatus to respond effectively with domestic production and a secure supply chain [6] - The announcement marks the beginning of a series of initiatives aimed at strengthening Volatus's domestic defense manufacturing posture [6]

Core Insights - Skydio has been awarded a $7.9 million contract to deliver X10D small unmanned aircraft systems (sUAS) under the U.S. Army's Short Range Reconnaissance (SRR) Tranche 2 program, bringing total support for FY25 to $12.3 million [1][2] Company Overview - Skydio is a leading U.S.-based drone manufacturer specializing in autonomous flight technology, with all products designed, assembled, and supported in the United States [4][5] - The company has established a significant presence in the defense sector, supporting every branch of the U.S. military and 25 allied nations, as well as public safety agencies and enterprise customers globally [3] Product Details - The X10D platform, part of the SRR program, enhances reconnaissance and surveillance capabilities for infantry platoons, transitioning from the previous X2D/RQ28-A systems [2] - The X10D features advanced technology, including a 48MP telephoto camera, a Teledyne FLIR Boson+ thermal sensor, and built-in AI for visual navigation and obstacle avoidance [9] Strategic Partnerships - Skydio collaborates with Science Applications International Corp. (SAIC) to deliver advanced drone solutions, highlighting the integration of technology and innovation in defense operations [1][7] - SAIC, a Fortune 500 company, focuses on mission integration across defense, space, civilian, and intelligence sectors, with annual revenues of approximately $7.5 billion [8]

The investment comes from existing production partner and leading defense technology company Leonardo DRS and new investor Korea Robot Manufacturing (KRM) , /PRNewswire/ -- Hoverfly Technologies, the leading provider of tethered drone systems for defense and security, is proud to announce the successful close of its $20 million Series B funding round, led by existing investor Leonardo DRS (DRS) and new partner Korea Robot Manufacturing (KRM). The investment is the single largest capital raise in company his ...

Core Insights - Unusual Machines (UMAC) has secured a $12.8 million order for drone parts, leading to a 7% surge in shares, highlighting its role as a key provider of U.S.-made NDAA-compliant UAV technologies [1][2] - The order consists of over 160,000 parts, reflecting increasing demand for affordable and secure drone platforms as U.S. military and commercial customers move away from foreign-sourced components [2] - UMAC is classified as a main NDAA-compliant provider and is listed on the Department of Defense's BLUE UAS list, with a current market capitalization of approximately $455 million [3] Financial Performance - UMAC's stock has experienced significant volatility, rising from a low of $1.28 to a high of $23.62 over the past 52 weeks, currently trading at about $16.42, which is a 28% increase in the last week compared to a 5% growth in the S&P 500 Index [4] - The company has a high price-to-sales (P/S) ratio of 81.31 and a price-to-book (P/B) ratio of 8.77, indicating a premium for growth despite negative profit margins of -574% and a -52% return on equity (ROE) [5] - UMAC reported record second-quarter revenue of $2.12 million for 2025, marking a 51% year-over-year growth, with enterprise sales contributing 31% to the sales margin and gross margins reaching a record high of 37% [6]

Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining approximately 0.2% to 46,532.02, NASDAQ rising 0.34% to 22,833.17, and S&P 500 increasing 0.07% to 6,715.87 [1] - European shares were mostly higher, with the eurozone's STOXX 600 gaining 0.53%, while Spain's IBEX 35 Index fell 0.27% [6] - Asian markets closed higher, with Japan's Nikkei 225 gaining 0.87% and Hong Kong's Hang Seng index gaining 1.61% [9] Company Earnings - AngioDynamics, Inc. reported better-than-expected earnings for Q1, with losses of 10 cents per share, beating the analyst consensus estimate of 12 cents per share. Quarterly sales were $75.711 million, exceeding the consensus estimate of $72.725 million [2] Commodity Prices - Oil prices decreased by 2.1% to $60.47, gold fell by 0.7% to $3,869.20, silver dropped 2.7% to $46.415, while copper rose by 1.2% to $4.9430 [5] Notable Stock Movements - Aspire Biopharma Holdings Inc shares surged 110% to $0.45 following the announcement of a milestone roadmap targeting FDA submission [8] - Canaan Inc shares increased by 25% to $1.30 after announcing a significant sales order [8] - Ondas Holdings Inc shares rose 26% to $9.19 after announcing an initial order of 500 Wasp drones [8] - Uni-Fuels Holdings Ltd shares dropped 72% to $1.42, and Nvni Group Ltd shares fell 50% to $0.37 due to a reverse stock split announcement [8] - FlexShopper Inc shares decreased by 49% to $0.29 following the resignation of its Director amid financial issues [8] Employment Data - U.S.-based employers announced 54,064 job cuts in September, a decrease from 85,979 in August [10]

Market Overview - U.S. stocks experienced a positive trading session, with the Dow Jones index increasing by approximately 0.2% to 46,532.02, the NASDAQ rising by 0.34% to 22,833.17, and the S&P 500 gaining 0.07% to 6,715.87 [1] - In the commodities market, oil prices decreased by 2.1% to $60.47, gold fell by 0.7% to $3,869.20, silver dropped by 2.7% to $46.415, while copper rose by 1.2% to $4.9430 [5] Company Earnings - AngioDynamics, Inc. reported better-than-expected earnings for Q1, with losses of 10 cents per share, surpassing the analyst consensus estimate of 12 cents per share. The company also reported quarterly sales of $75.711 million, exceeding the consensus estimate of $72.725 million. Additionally, AngioDynamics raised its FY26 adjusted EPS and sales guidance [2] Notable Stock Movements - Aspire Biopharma Holdings Inc saw its shares surge by 110% to $0.45 following the announcement of a milestone roadmap targeting FDA submission for Sublingual Aspirin in H2 2025 [8] - Canaan Inc experienced a 25% increase in shares to $1.30 after announcing a significant sales order for Bitcoin mining machines [8] - Ondas Holdings Inc shares rose by 26% to $9.19 after announcing an initial order of 500 Wasp drones for the U.S. defense market [8] - Conversely, Uni-Fuels Holdings Ltd shares plummeted by 72% to $1.42, and Nvni Group Ltd shares fell by 50% to $0.37 due to a 10-to-1 reverse stock split announcement [8]

Core Insights - U.S. stocks exhibited mixed performance, with the Dow Jones index declining by over 50 points on Thursday [1] - Taysha Gene Therapies Inc received Breakthrough Therapy designation from the FDA for TSHA-102, leading to a significant share price increase of 50.4% to $4.78 [1] Company Highlights - Taysha Gene Therapies Inc (NASDAQ:TSHA) saw its price target raised from $8 to $10 by Needham analyst Gil Blum, maintaining a Buy rating [1] - Bakkt Holdings Inc (NYSE:BKKT) experienced a 37.2% increase in share price to $46.81 following the completion of its Loyalty Business sale [4] - Canaan Inc – ADR (NASDAQ:CAN) shares surged by 29.8% to $1.35 after announcing a significant sales order for Bitcoin mining machines [4] - Ondas Holdings Inc (NYSE:ONDS) gained 25.5% to $9.18 after securing an initial order of 500 Wasp drones for U.S. defense market distribution [4] - Fair Isaac Corp (NYSE:FICO) shares rose 19.6% to $1,811.61 after launching the FICO Mortgage Direct License Program [4] - AST SpaceMobile Inc (NASDAQ:ASTS) jumped 12.3% to $63.98 after completing final assembly and testing of its BlueBird 6 satellite [4] - Joby Aviation Inc (NYSE:JOBY) rose 9.3% to $17.72, reflecting positive market sentiment [4] - Applied Digital Corp (NASDAQ:APLD) shares increased by 7.7% to $26.93, with crypto-linked stocks trading higher amid a rise in Bitcoin [4]