Core Viewpoint - Tonner Drones experienced a challenging yet transformative year in 2024, with significant operational cost reductions and a focus on future growth through product commercialization and strategic partnerships [3][7][11]. Financial Performance - Turnover decreased to €119k in 2024 from €1,081k in 2023, while operational costs improved significantly to €3,281k from €8,481k [3]. - The total loss for 2024 was €5,639k, down from €10,749k in 2023 [3]. - Cash position improved to €341k at the end of 2024 and further increased to €1,655k by March 31, 2025 [4]. - Negative equity of €5,587k was attributed to high depreciation and low asset values, with a recovery plan in place to address this issue [4][7]. Strategic Focus - The company aims to commercialize its 'Countbot' solution and is actively seeking partnerships for its 'Inhibitor' product [5][7]. - Tonner Drones holds stakes of 5% to 12% in Elistair, Donecle, and Diodon, with expectations that these holdings will increase in value as the market for drones and defense grows [6][12]. - The company is exploring asset sales to improve equity and is focused on managing its treasury effectively [4][8]. Management and Governance - The CEO has expressed optimism about the future and has waived his management fee for 2025, demonstrating commitment to the company's recovery and growth [7][11]. - Legal advice has been sought to enhance cash management and analyze the company's tax situation, particularly regarding carry forward losses [8][9]. Market Position and Future Outlook - Tonner Drones is positioned to benefit from the growing trend in warehouse automation and has noted strong interest in its Countbot product despite limited advertising [5]. - The company believes that strategic partnerships and collaborations will create significant value for shareholders, especially given the improved cash position and market capitalization [9][11].

Industry Overview - Drone technology has evolved from military applications to a disruptive force in various industries, including agriculture, logistics, and construction, providing real-time data collection and autonomous delivery solutions [1][3] - The global drone tech market is projected to grow at a CAGR of 14.3% from 2025 to 2030, while the commercial drone market is expected to grow at a CAGR of 20.8% from 2025 to 2032, driven by the adoption of small UAVs for commercial applications [5] Technological Advancements - The integration of AI and advanced technologies like 5G has enhanced the capabilities of modern drones, allowing for autonomous navigation and improved real-time data transmission [2] - Drones are being utilized in agriculture for crop monitoring and irrigation, in construction for site surveys and inspections, and in logistics for last-mile deliveries [3] Key Companies - Draganfly, Inc. (DPRO) is actively involved in various sectors, including agriculture and public safety, with a focus on commercial drone solutions [4] - Ondas Holdings Inc. (ONDS) designs and markets drone solutions for industrial and government applications [4] - Red Cat Holdings, Inc. (RCAT) specializes in robotic hardware-software integration for military and commercial uses, with recent acquisitions enhancing its product portfolio [7] - Kratos Defense & Security Solutions, Inc. (KTOS) provides high-performance unmanned aerial target drone systems and has secured significant contracts with the U.S. Navy and Air Force [10][12] Recent Developments - Draganfly launched the APEX Drone, designed for portability and dual payload capabilities, positioning the company for growth in both commercial and military markets [13] - Kratos secured a $59.3 million contract for the production of BQM-177A Subsonic Aerial Target aircraft, part of a larger $227.6 million contract, indicating strong demand for its products [12] - Red Cat is collaborating with Palantir to enhance its drone capabilities for military applications, integrating advanced navigation software into its systems [8]

Industry Overview - The global agriculture drones market is projected to grow from $2.01 billion in 2024 to $8.03 billion by 2029, indicating significant growth potential driven by the adoption of aerial data collection tools in agriculture [1] - The cereals and grains segment is experiencing substantial growth, with drones playing a crucial role in optimizing yields through aerial surveys, crop health monitoring, and soil condition assessments [2] - The overall agriculture drone market is expected to grow from $6.10 billion in 2024 to $23.78 billion by 2032, at a CAGR of 18.5%, fueled by demand for precision agriculture and advancements in drone technology [4] Company Developments - ZenaTech, Inc. has received FAA Part 137 approval for its ZenaDrone 1000, allowing it to conduct commercial agricultural operations, including crop spraying and precision agriculture [2][3] - ZenaTech plans to utilize a Drone as a Service (DaaS) model to sell its solutions, targeting larger commercial farms and agribusinesses [2] - Unusual Machines, Inc. reported a fourth-quarter revenue of over $2.0 million, marking a 31% increase quarter-over-quarter, with total revenue for FY2024 reaching $5.65 million, exceeding its target by 13% [11] Technological Advancements - The ZenaDrone 1000 features advanced technology, including AI, sensors, and purpose-built attachments for crop spraying, designed for stable flight and heavy lift capabilities [5][6] - Sidus Space has unveiled a near real-time vessel detection and classification capability through its LizzieSat® satellite platform, enhancing space-based maritime intelligence [12][13] - AgriFORCE Growing Systems Ltd. has made progress in its Radical Clean Solutions division, receiving a U.S. patent for a chemical-free solution to reduce mold and extend the shelf life of produce [14][15][16]

VANCOUVER, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces its subsidiary ZenaDrone has received approval from the Federal Aviation Administration (FAA) to conduct commercial agricultural operations under the rules and regulations of 14 CFR Part 137 for crop spraying and precisio ...

VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces today that its subsidiary ZenaDrone is launching a drone-based early wildfire detection system. The Company plans to conduct onsite testing and evaluation with a prospective California business customer seeking to protec ...

Core Insights - Mobilicom Limited has received its sixth commercial scale follow-on order for its SkyHopper PRO datalinks from a Tier-1 U.S. drone manufacturer, indicating strong demand and ongoing growth in the defense sector [1][2] - The company reported a 45% increase in year-over-year revenues in 2024, attributed to a growing number of orders from global Tier-1 customers [3] - SkyHopper PRO is recognized for its superior performance in size, weight, power, and cost (SWaP-C) and complies with U.S. National Defense Authorization Act (NDAA) standards [4] Company Overview - Mobilicom is a leading provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a diverse portfolio of technologies [5] - The company has established a strong presence with over 50 customers, including major drone manufacturers, and its solutions are utilized in mission-critical applications [5] Product Details - SkyHopper PRO is a Secured Cognitive Software Defined Radio (SDR) designed for harsh environments, showcasing combat-proven performance [4] - The product was selected over four competitors after extensive field testing, highlighting its competitive edge in the market [2]

Industry Overview - The global drone market is projected to reach US$57.8 billion by 2030, up from an estimated US$40.6 billion in 2025, indicating significant growth across various industries [1] - The commercial service market is the largest segment, expected to generate US$29.4 billion by 2025, followed by commercial hardware at US$6.7 billion and commercial software at US$1.7 billion [1] - The total number of drone flights globally increased by 25% in 2024, rising from 15.5 million to 19.5 million flights [2] Regional Insights - North America and Asia are leading in drone usage, with Europe closely following, while Latin America and Africa are experiencing accelerated growth due to improved local ecosystems and drone accessibility [2] - Asia recorded the highest number of drone flights in 2024 at 6.3 million, followed by North America with 3.9 million and Europe with 3.8 million [2] Company Developments - ZenaTech, Inc. is set to showcase its Drone as a Service (DaaS) and AI drone innovations at two major investor conferences in May 2025 [3] - Ambarella, Inc. has achieved a milestone of 30 million cumulative units shipped and is demonstrating its generative AI capabilities at the ISC West security expo [4][5] - AgEagle Aerial Systems Inc. demonstrated its eBee VISION drone at a military symposium, highlighting its operational advantages for military applications [7][8] - Ondas Holdings Inc. secured a US$3.2 million purchase order from a UAE governmental entity to expand its urban autonomous drone infrastructure [9]

Proven financial leader brings over 20 years of senior management experience navigating a multitude of public companies to fiscal responsibility and shareholder value creation including risks related to the timing and fulfilment of current and future purchase orders relating to AgEagle's products, the success of new programs, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may ...

Core Viewpoint - Draganfly Inc. has established a Public Safety Advisory Board to enhance its commitment to innovative technologies for public safety and law enforcement, with Paul Goldenberg as the inaugural Chair [1][5]. Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of experience in providing technology for various sectors including public safety, agriculture, and industrial inspections [6]. Leadership Appointment - Paul Goldenberg, a recognized expert in public safety and homeland security with over 30 years of experience, has been appointed as the Chair of the Public Safety Advisory Board [2][4]. - Goldenberg's previous roles include advising U.S. Presidents and leading significant initiatives in the Department of Homeland Security [2][3]. Strategic Importance - The formation of the Public Safety Advisory Board is a strategic move to strengthen Draganfly's capabilities in providing innovative solutions that support law enforcement agencies [5]. - The appointment of Goldenberg is expected to advance Draganfly's mission to deliver AI-powered drone technologies that enhance situational awareness and operational efficiency for law enforcement [4].

Core Viewpoint - Red Cat Holdings, Inc. has successfully closed a registered direct offering, raising approximately $30 million through the sale of 4,724,412 shares of common stock, positioning the company for significant growth in the drone industry focused on aerospace and defense technologies [1][2]. Group 1: Financial Details - The offering resulted in gross proceeds of approximately $30 million before deducting placement agent fees and other expenses, and it closed on April 11, 2025 [1]. - The company intends to use the net proceeds from the offering for general corporate purposes, including working capital [3]. Group 2: Company Overview - Red Cat is a drone technology company that integrates robotic hardware and software for military, government, and commercial operations, with subsidiaries Teal Drones and FlightWave Aerospace [6]. - The company has developed a Family of Systems, including the Black Widow™, a small unmanned ISR system awarded the U.S. Army's Short Range Reconnaissance Program contract, and other products like TRICHON™ and FANG™ [6]. Group 3: Growth Strategy - Red Cat aims to drive growth through military contracts and strategic partnerships, including a recent collaboration with Palantir Technologies [8]. - The company is reiterating its 2025 revenue guidance of $80-120 million, driven by military contracts and strategic partnerships [8]. - Recent key hires include Christian Koji Ericson as CFO and Shawn Webb as President of FlightWave Aerospace, enhancing military drone production capabilities [8].