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ZenaTech’s Spider Vision Sensors Expands Drone Component Manufacturing Capabilities Enabling Compliant Global Supply Chain for US Defense Customers
Globenewswire· 2025-08-28 13:40
Core Insights - ZenaTech, Inc. has announced the establishment of a new component parts manufacturing facility in Taiwan to enhance its supply chain for drones intended for US Defense and NATO [1][2] - The facility will be operated by ZenaTech's subsidiary, Spider Vision Sensors (SVS), and aims to reduce reliance on third-party suppliers while ensuring compliance with NDAA standards [1][2] - The new facility will manufacture critical components such as PCB boards, motors, cameras, and sensors, supporting the production of ZenaDrone models [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [4] - The company has been expanding its drone design and manufacturing capabilities since 2017, with applications in law enforcement, health, government, agriculture, defense, and logistics [4][5] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate advanced technologies for various applications, including agriculture and defense [5] Facility Details - The Taiwan facility will occupy 16,000 square feet and is expected to be operational by the end of 2025, with a team of approximately 30-40 personnel [1][3] - The facility will support compliance with US and NATO standards, including Green and Blue UAS certifications, ensuring high-quality production [2] - Components manufactured in Taiwan will be assembled into drones at ZenaDrone's facilities in Arizona and Sharjah, UAE, maintaining operational control [2] Strategic Importance - The establishment of the Taiwan facility is seen as a pivotal milestone for ZenaTech, enhancing its ability to meet rising demand from the US Defense Department and NATO allies [2] - This investment is expected to strengthen supply chain resilience and operational efficiency, positioning ZenaTech as a leader in drone innovation [2]
Draganfly Announces Expansion of U.S. Manufacturing Footprint and Capacity to Meet Demand for Scalable U.S.-Made Drone Solutions
Globenewswire· 2025-08-28 11:15
Tampa, Florida, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, is pleased to announce the expansion of its U.S. manufacturing footprint, capability, and capacity across multiple locations in the United States. This will provide resiliency and redundancy within its manufacturing and supply chain ecosystem. The expansion includes additional AS9100- and ISO9001-certified manufac ...
Lantronix(LTRX) - 2025 Q4 - Earnings Call Transcript
2025-08-27 22:00
Financial Data and Key Metrics Changes - For fiscal year 2025, the company reported revenue of $123 million, reflecting a transition from a record fiscal 2024 to a more normalized revenue base, with a significant contribution from Gridspertise in the previous year [16] - In Q4 2025, revenue was $28.8 million, a sequential increase from $28.5 million in the prior quarter, and approximately 4% higher than Q4 2024 when excluding Gridspertise [17] - GAAP gross margin for Q4 was 40%, down from 43.5% in the prior quarter, but up from 38.1% in the year-ago period [18] - GAAP net loss for fiscal 2025 was $2.6 million, or $0.07 per share, compared to a net income of $400,000, or $0.01 per share in the year-ago quarter [20] Business Line Data and Key Metrics Changes - The core revenue base stabilized in the second half of fiscal 2025, driven by continued momentum in Edge IoT products [16][17] - The company is transitioning from a traditional hardware supplier to a strategic platform partner, enhancing long-term relationships and embedding solutions in critical operations [13] Market Data and Key Metrics Changes - The company sees a multi-year growth cycle for unmanned aerial systems, supported by record defense funding, with over $13 billion earmarked for unmanned platforms in 2026 [6] - Recent wins include a multi-year agreement with a major U.S. mobile carrier to modernize over 50,000 backup power systems, which is expected to contribute to high-margin annual recurring revenue [12][13] Company Strategy and Development Direction - The company is focused on building a strong foundation for sustainable long-term growth, emphasizing Edge AI and infrastructure modernization [25] - Strategic partnerships, such as with Qualcomm, are aimed at expanding capabilities in Edge IoT and AI-driven innovation [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand environment for their solutions, highlighting strong traction in the drone market and positive early feedback on new products [11][14] - The outlook for fiscal 2026 includes expected revenue in the range of $28.5 million to $30.5 million, with non-GAAP EPS projected between $0.02 and $0.04 per share [23] Other Important Information - The company has made significant progress in reducing costs and improving supply chain efficiency, with a net cash position of $8.3 million as of June 30, 2025 [22][23] - The company has successfully integrated the Netcomm IoT acquisition and mitigated tariff exposure, which supports improved gross margin performance [25] Q&A Session Summary Question: Drone opportunity and potential - Management is excited about the drone market, currently working with over 10 different drone makers, mainly in military or industrial applications, with expectations for significant growth in fiscal 2026 [29] Question: Bookings and order perspective for September - Management noted broad-based momentum across core business segments, including Edge IoT and networking, indicating confidence for fiscal 2026 [31] Question: Gross margin evolution - Management anticipates gross margins returning to 44% to 45% for the fiscal year, despite one-off items affecting margins in June [35][36] Question: Backup generator opportunity - A significant mobile carrier win involves 50,000 gateways, with expectations for long-term growth and the introduction of annual recurring revenue as devices come online [42][44] Question: Average dollar content per device in drone market - The average dollar content per device is approximately $500, with potential revenue opportunities ranging from $3 million to $5 million per customer annually [48][50] Question: Recurring revenue component from carrier opportunity - The carrier opportunity includes a recurring revenue component, with ongoing RFPs and potential for significant growth in the coming years [68][70]
ZenaTech Signs Offer to Acquire a UK Telecom Sector 3D Design & Modeling Company, Expanding Drone as a Service European Footprint
Globenewswire· 2025-08-26 12:15
Core Insights - ZenaTech, Inc. has signed an offer to acquire a UK-based 3D design and modeling company, marking its first expansion of Drone as a Service (DaaS) into the UK market [1][2] - The acquisition aims to enhance ZenaTech's strategic international footprint in Europe and create new opportunities in the telecommunications and infrastructure sectors [1][2] - The target company specializes in advanced 3D scanning, modeling, and design services for telecom infrastructure, which aligns with ZenaTech's focus on drone-enabled solutions [2][3] Company Strategy - ZenaTech's acquisition strategy focuses on modernizing traditional surveying and inspection businesses by integrating AI drone technology, which is expected to accelerate market adoption and expand the client base [3] - The company has completed eight acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible access to advanced drone services for various sectors [4] Market Context - The telecommunications sector is undergoing significant transformation with the modernization of 5G infrastructure, creating opportunities for drone-based solutions to enhance efficiency and safety [2] - ZenaTech's DaaS model eliminates the need for clients to invest in drone hardware and software, making it an attractive option for businesses and government clients [4][5]
AgEagle Aerial Systems Colombian Partner Secures Certification for eBee VISION Training
Globenewswire· 2025-08-26 12:00
Core Insights - Aeronáutica Civil de Colombia (CAA) has certified eCompass S.A. as the first company to provide advanced training for the eBee VISION drone, enhancing its operational capabilities in Colombia [1][2][3] Group 1: Certification and Training - The certification allows eBee VISION operators to receive advanced training in high-level operations, including Beyond Visual Line of Sight (BVLOS) and night flights, which are essential for Intelligence, Surveillance, and Reconnaissance (ISR) missions [2][4] - eCompass S.A. has been AgEagle's exclusive distributor in Colombia since 2020, supplying various drone models to meet the demand for unmanned aerial systems (UAS) [3] Group 2: Drone Capabilities - The eBee VISION drone is recognized for its unmatched ISR capabilities, enabling long-range BVLOS missions and high-precision data collection, which enhances safety and efficiency across diverse applications [4] - The drone has been listed as Blue UAS Cleared, indicating it has been vetted and approved by the U.S. Department of Defense for secure use in sensitive operations [4] Group 3: Company Vision and Impact - AgEagle Aerial Systems Inc. aims to transform industries through advanced UAS technology, with a focus on innovation, security, and efficiency across various sectors in Colombia [3][6]
Draganfly Uniquely Positioned to Support Canada's New $2 Billion Military Commitment to Ukraine with Advanced Drone and Tactical Capabilities
Globenewswire· 2025-08-26 11:15
Saskatoon, SK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, today provided insight into its unique positioning to support Canada’s newly announced $2 billion military aid package to Ukraine, which includes over $220 million dedicated to drone, counter-drone, and electronic warfare capabilities. As the world’s oldest dual-use drone manufacturer with 27 years of design, engin ...
X @The Economist
The Economist· 2025-08-26 01:20
Delivery drones and flying cars are mainly science fiction in the rest of the world. But in China these technologies are becoming an everyday reality https://t.co/pvrTlXM9vk ...
AgEagle Stock Sinks 6.3% Despite Strong Y/Y Earnings Turnaround in Q2
ZACKS· 2025-08-22 16:56
Core Viewpoint - AgEagle Aerial Systems, Inc. has shown significant operational progress with revenue growth and improved profitability, yet its stock has underperformed compared to the broader market, reflecting investor skepticism about the sustainability of these results [1][13]. Financial Performance - Revenues for the second quarter of 2025 reached $4.2 million, a 23.7% increase from $3.39 million in the same period last year, primarily driven by a 92% increase in drone sales to $2.9 million [2]. - The company reported a net income of $5.78 million, a 162.5% improvement from a net loss of $9.24 million in the second quarter of 2024, attributed to favorable warrant liability revaluation and expense reductions [2]. - Gross profit increased by 50.5% year over year to $2.34 million, with gross margin expanding to 55.7% from 45.8% [3]. - Operating expenses rose by 3.5% to $4.41 million, influenced by increased sales and marketing investments, while the operating loss narrowed significantly to $1.28 million from $2.93 million a year ago [3]. Business Metrics - Drone sales were the primary growth driver, nearly doubling from the previous year, although sensor sales faced seasonal weakness and the discontinuation of software-as-a-service operations impacted overall revenue [4]. - Cash reserves increased by 52.3% to $5.5 million at the end of June from $3.6 million at the end of 2024, indicating improved liquidity [4]. Management Insights - CEO Bill Irby highlighted strong top-line growth, expanded gross margins, and improved profitability, emphasizing global demand for AgEagle's drone products [6]. - Management reiterated a focus on higher-margin opportunities and innovation, with international expansion and public-sector adoption identified as key growth areas [6]. Customer Base and Industry Trends - The company serves a diverse customer base, including defense, agriculture, and environmental sectors, with notable clients such as the U.S. Air Force and U.S. Border Patrol [7]. - Key industry trends include expanding government contracts, regulatory support for beyond-visual-line-of-sight drone operations, and rising demand from agriculture and sustainability sectors, which may support continued revenue growth [9]. Future Outlook - Management expressed confidence in sustaining growth, citing a "strong pipeline" of opportunities and over 50 active high-probability prospects, along with six pending large eBee orders as potential near-term catalysts [11]. - Ongoing restructuring efforts, particularly the discontinuation of SaaS operations, aim to streamline focus on hardware and sensor offerings, aligning with the strategy to concentrate on higher-margin core drone technologies [12].
无人机产业“领航”全国 助力四川低空经济高质量发展
Huan Qiu Wang· 2025-08-22 12:48
四川新闻网-首屏新闻记者 陈荞 8月13日,一架有效载荷149公斤的无人机从马尔康市夏繁基地起飞,标 志着马尔康市低空冷链(末端、支线和干线)物流试点项目正式启动建设。马尔康低空冷链物流试点项 目也成为了四川省港航投资集团打造的四川首个低空冷链物流项目。 来源:四川新闻网 近年来,随着四川低空经济场景应用的不断扩大,四川无人机产业日益受到市场的认可。依托四川在航 空航天产业方面的独特优势,以大中型无人机为代表的四川无人机产业走在了全国的前列,有力地支持 了四川低空经济高质量发展。 四川造无人机:低空经济应用场景不断扩大 近年来,无人机在各个领域发挥着越来越重要的作用。作为无人机大省,"四川造"无人机在全国各地的 应用也越来越多。 纵横股份无人机运输脆李 今年7月,重庆市巫山县的脆李进入了采摘季节。成都纵横自动化技术股份有限公司(以下简称纵横股 份)为巫山县果农在长江两岸打造"空中飞廊",由多款无人机组成的"脆李航班"实现巫山脆李便捷的跨 江转运。"脆李航班"与高铁快运和水上航线等形成的物流网络,保障巫山脆李在全国1000多个城市"24 小时鲜运直达",实现"今天下单、明天见李"。 7月20日,受台风"韦帕"外 ...
AgEagle Aerial Systems Named 'AgTech Innovation of the Year' at AgTech Breakthrough Awards
Globenewswire· 2025-08-21 12:53
Core Insights - AgEagle Aerial Systems Inc. has been awarded "AgTech Innovation of the Year" at the Sixth Annual AgTech Breakthrough Awards, highlighting its leadership in advanced drone and aerial imaging solutions [1][2] Company Overview - AgEagle specializes in agricultural sensors, including RedEdge-P, Altum-PT, and the newly released RedEdge-P Green, which enhance precision agriculture through high-resolution multispectral imaging [2] - The company was founded in 2010 and has evolved to provide full stack UAS, sensors, and software solutions across various sectors, including agriculture, energy, construction, and government [5] Industry Recognition - The AgTech Breakthrough Awards program evaluates and honors excellence in agricultural and food technologies, including IoT and AI-based solutions, farm management, and data analytics [3][4] - AgEagle's recognition underscores its role in shaping the future of agtech and supporting sustainable crop management practices [2][3]