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ZenaTech Accelerates US Defense Engagement Efforts with Customer Field Demonstrations and Planned ZenaDrone Pilots in 2026
Globenewswire· 2025-12-16 13:00
Core Insights - ZenaTech, Inc. is enhancing its engagement with US defense stakeholders through its subsidiary ZenaDrone, focusing on AI-powered drone solutions and aiming for pilot agreements in 2026 [1][2] Group 1: Company Developments - ZenaTech is actively discussing opportunities for technical field demonstrations and pilot programs with US defense agency program managers, expecting announcements in Q1 2026 [2] - The company has expanded its US operations, including a new office in the Washington, D.C. area to facilitate closer coordination with military and congressional leaders [3] - ZenaTech is also expanding its Arizona operations for drone assembly and testing, with plans to be operational by Q1 2026, ensuring compliance with US and NATO standards [4] Group 2: Strategic Initiatives - The establishment of Zena AI, Inc. in Baton Rouge, Louisiana, aims to develop next-generation AI solutions for defense and homeland security, focusing on autonomous navigation and real-time decision-making [5] - ZenaDrone's advanced multi-mission drone systems are undergoing testing and cybersecurity certification, aligning with the US military procurement cycle for drone solutions [6] Group 3: Product Offerings - The ZenaDrone 1000 is a medium-sized VTOL drone capable of lifting approximately 40 kg, designed for various applications including inspection and cargo delivery [7] - The IQ Nano is a compact indoor drone for inventory management in GPS-denied environments, featuring obstacle avoidance and AI-driven capabilities [7] - The IQ Square is a VTOL drone engineered for land surveys and defense reconnaissance tasks [7] Group 4: Market Positioning - ZenaDrone aims to position itself as a trusted partner for US defense and homeland security agencies, aligning with national security priorities and federal policy directives [8]
Unusual Machines Congratulates Customers Selected for the Army's PBAS Tranche 1.1, Including Envision Technology and Strategic Logix
Accessnewswire· 2025-12-15 13:30
ORLANDO, FL / ACCESS Newswire / December 15, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, congratulates our customers Envision Technology and Strategic Logix on being selected for Tranche 1.1 of the Army's PBAS (Purpose-Built Attritable System) program, the first in a series of independently competed tranches."Our customers continue to strengthen the U.S. unmanned ecosystem with dependable, mission-ready solutions," said Allan Evans, CEO of Un ...
SkyTech Orion Global Corp. (CTGL), Operating Under Citrine Global Corp., Positioned Ahead of Market as Global Demand Accelerates for Western, Scalable Small-Drone Solutions
Globenewswire· 2025-12-12 16:53
Washington, D.C./Tel Aviv, Dec. 12, 2025 (GLOBE NEWSWIRE) -- SkyTech Orion Global Corp. (CTGL), operating through an organizational structure comprising a U.S. parent company, is the developer of the modular SkyTech Replicator™ drone family and the innovative Replication Manufacturing Method™, with its Israeli subsidiary - SkyTech Orion Ltd., which was selected to establish Israel’s National Drone Innovation and Manufacturing Center as part of a government-backed national initiative - today issued a strateg ...
A Single Stock Could Elevate This Drone Industry ETF
Etftrends· 2025-12-12 12:25
Core Insights - Ondas Holdings (ONDS) has seen significant growth, with its stock price increasing over 200% this year, making it a noteworthy investment opportunity in the AI and drone sectors [2][3] - The company reported record quarterly revenue of $10.1 million, reflecting a 600% increase year-over-year and a 60% increase from the previous quarter, indicating strong operational performance [3][4] Company Performance - Ondas Holdings is a leading manufacturer of drone systems, benefiting from a powerful demand cycle for unmanned platforms [4] - The establishment of Ondas Capital aims to enhance global deployment of drone systems, particularly in Allied defense and security markets [5][6] - The company is expanding its strategic footprint through partnerships in Europe and Ukraine, which are expected to bolster its growth in these key markets [6] Market Potential - The global drone market is projected to exceed $160 billion by 2030, highlighting the industry's exponential growth potential [8] - The commercial drone market alone is expected to reach $65 billion by 2032, indicating a significant sub-market opportunity for Ondas Holdings [9] Investment Opportunities - Ondas Holdings is the top holding in the REX Drone ETF (DRNZ), which has a 15% allocation to Ondas as of December 10 [6] - DRNZ serves as a thematic ETF that can complement an investor's portfolio, providing exposure to various sectors utilizing drones and unmanned aerial vehicles [7][10]
X @Bloomberg
Bloomberg· 2025-12-12 03:14
The chief executive of a Japanese-owned drone operator has been named a suspect in a fire at the company’s Jakarta office that killed nearly two dozen https://t.co/ZId5PijevP ...
ZenaTech, Inc. (ZENA) Discusses Drone as a Service Expansion and Strategic Acquisitions Transcript
Seeking Alpha· 2025-12-12 02:12
Core Insights - ZenaTech operates in the drone and enterprise SaaS software sectors, having gone public on October 1, 2024, on the NASDAQ Exchange [3] - The company is expanding its business model to include "Drone as a Service," which facilitates access to drone-enabled land surveys and inspection services for businesses and government [3] Company Overview - ZenaTech is a global player in the emerging tech space, with its parent company based in Canada and its drone operations, ZenaDrone, located in the United States [3] - The company manufactures drones in three different locations worldwide [3] Business Development - The launch of the "Drone as a Service" model occurred at the beginning of the year and is identified as a growing area for the company [3]
X @Bloomberg
Bloomberg· 2025-12-11 16:32
The Peter Thiel-backed startup Quantum Systems is set to receive a $246 million contract to deliver surveillance drones to the German military next year https://t.co/XXQFA6952I ...
Lantronix Expands Presence in Global Drone and Defense Markets with Trillium Engineering Collaboration
Globenewswire· 2025-12-11 12:00
Core Insights - Lantronix's Edge AI technology has been selected by Trillium Engineering to enhance gimbaled imaging systems for military and commercial unmanned aircraft, showcasing its compliance with NDAA/TAA standards [1][2] Industry Overview - The global drone market is projected to reach $57.8 billion by 2030, indicating significant growth potential for companies like Lantronix that provide advanced connectivity solutions [2] - The collaboration with Trillium Engineering positions Lantronix as a key player in defense and intelligence technology innovation, capitalizing on the increasing demand for mission-critical edge computing [2][3] Strategic Significance - The partnership with Trillium Engineering highlights Lantronix's capability to deliver AI-powered edge computing solutions, creating long-term recurring revenue opportunities in both defense and commercial sectors [3][6] - Trillium's systems are utilized in various applications, including intelligence, surveillance, reconnaissance (ISR), infrastructure inspection, and wildland fire operations, further expanding Lantronix's market reach [3][6] Technology Advantage - Lantronix's Open-Q 5165RB System on Module (SOM), powered by Qualcomm® Dragonwing™ processors, enables advanced on-device AI capabilities for Trillium's products, enhancing operational efficiency and real-time intelligence [5][7] - The technology supports features such as real-time edge AI processing, AI object detection and tracking, and precision targeting with low latency, making it suitable for compact, power-efficient uncrewed platforms [7][8] Investor Insights - The collaboration with Trillium Engineering is a strategic move for Lantronix to drive sustainable, high-margin growth through differentiated Edge AI solutions, particularly in the robust drone and defense markets [5][6] - By expanding its footprint in high-growth sectors characterized by long product lifecycles, Lantronix aims to capture additional recurring revenue opportunities and strengthen its competitive position in the global IoT and AI ecosystem [5][6]
Why AeroVironment Stock Fell Today
The Motley Fool· 2025-12-10 23:49
Core Insights - AeroVironment's stock experienced a significant decline of over 12% following earnings that did not meet investor expectations [1] - The company reported a remarkable revenue increase of 151% year-over-year, reaching $472.5 million, largely due to the acquisition of BlueHalo [3] - Excluding BlueHalo's impact, revenue still grew by 21% to $227.4 million [4] Financial Performance - Adjusted EBITDA surged by 74% to $45 million, indicating strong operational performance [6] - Adjusted earnings per share were reported at $0.44, falling short of Wall Street's expectations of $0.79 [6] - The company has guided for full-year revenue between $1.95 billion and $2 billion, with adjusted EBITDA projected at $300 million to $320 million [7] Strategic Positioning - CEO Wahid Nawabi emphasized the company's integrated capabilities and advanced technologies to meet increasing market demand [4][8] - The company is confident in its ability to address evolving defense needs and lead in the generational shift in defense technology [8]
Biggest Stock Movers Today, Dec. 10: PLAB, AVAV, & More
The Motley Fool· 2025-12-10 21:38
Core Viewpoint - The stock market experienced significant gains following the Federal Reserve's announcement of a quarter-percentage-point rate cut, although the central bank's future outlook remains relatively hawkish with only one expected rate cut in 2026 [2]. Market Performance - Major stock indices saw positive movements: - Dow Jones Industrial Average increased by 1.05%, gaining 497 points - S&P 500 rose by 0.67%, adding 46 points - Nasdaq Composite climbed by 0.33%, up 78 points [3]. Top Stock Gainers - **Photronics (PLAB)**: - Stock surged by 45.39% after reporting fiscal fourth-quarter and full-year 2025 results, despite a 2% year-over-year revenue decline and adjusted earnings of $2.01 per share, which were slightly down from 2024 [5][6]. - CEO highlighted strength in the U.S. business and positive signs from expansion into South Korea as potential growth drivers for fiscal 2026 [6]. - **GE Vernova (GEV)**: - Stock increased by 15.51% following an investor event where the company raised its sales and free cash flow estimates for 2028, anticipating a backlog increase from $135 billion to $200 billion due to rising demand for gas turbines driven by AI and cloud computing [7][8]. Top Stock Losers - **AeroVironment (AVAV)**: - Stock fell by 12.85% after disappointing fiscal second-quarter results, with adjusted earnings per share down over 6% year-over-year to $0.44, missing the consensus forecast of $0.79 [9][10]. - The company also revised its full-year fiscal 2026 earnings forecast down by $0.15 to $0.20 per share [9]. - **Denali Therapeutics (DNLI)**: - Stock declined by 10.63% after announcing a secondary offering priced at $17.50 per share, raising $200 million for research and development, but at a lower price than the previous day's closing [11][12].