Workflow
Drones
icon
Search documents
ZenaTech Announces Establishment of Its Global Drone as a Service (DaaS) Business Headquarters in Orlando, Leveraging an Industry Growing at Over 36% Annually
Globenewswire· 2025-10-02 12:30
Core Insights - ZenaTech has chosen Orlando, Florida as the headquarters for its Drone as a Service (DaaS) business, aiming to support its expanding national and international network of acquisitions and drone service integration [1][2] - The company plans to secure a 20,000 square-foot facility to serve as a central hub for operations and to directly support its Southeast region offices [1][2] - ZenaTech has completed ten acquisitions in the U.S. and aims to establish 25 DaaS locations by the end of Q2 2026, providing flexible drone-based services to business and government customers [3] Company Developments - The Orlando headquarters is expected to generate job growth, increasing local DaaS staff from three to ten by the end of 2025 and up to 50 by Q2 2026, with roles in business development, marketing, and operations [2] - The company is acquiring established service businesses to innovate with drone technology, enhancing operational efficiencies and recurring revenue [3] Market Overview - The global drone services market is projected to grow from USD 33.55 billion in 2025 to approximately USD 555.58 billion by 2034, reflecting a CAGR of 36.60% from 2024 to 2034 [4] - The North American drone services market is estimated at USD 8.84 billion in 2024, with a forecasted CAGR of 36.78% [4] Company Background - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing, focusing on mission-critical applications for business and government since 2017 [5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its U.S. DaaS business through acquisitions [5]
Lantronix Edge AI Drone Solution Integrates Gremsy and Teledyne FLIR Platforms for Longer, More Efficient Flight Times
Globenewswire· 2025-10-02 11:30
Core Insights - Lantronix Inc. has established a strategic collaboration with Gremsy to enhance its position in the rapidly growing defense and commercial drone markets, projected to reach $57.8 billion by 2030 [1][8] Group 1: Strategic Collaboration - The NDAA/TAA-compliant solution from Lantronix has been selected by Gremsy, a leading manufacturer of camera gimbal stabilizers for drones, indicating a strong partnership [1][4] - This collaboration allows Lantronix to leverage its expertise in camera applications to improve power efficiency and operational times for drones [1][3] Group 2: Technological Advancements - The solution is built on Lantronix's Open-Q™ 5165RB System on Module, utilizing the Qualcomm® Dragonwing™ processor, which powers Gremsy's new drone platform [2] - The integrated solution supports advanced capabilities such as onboard inference for object detection and real-time analytics, enhancing operational decision-making [7][8] Group 3: Market Position and Growth Potential - Lantronix is positioned as a trusted source for reliable, compliant solutions in the drone industry, expanding its global go-to-market reach [3][5] - The partnership with Gremsy and other manufacturers is expected to create long-term revenue opportunities in the fast-growing commercial and defense drone sectors [3][8] Group 4: Financial Highlights - Lantronix is already generating early revenue from production shipments and confirming design win momentum, indicating a high-margin opportunity in mission-critical applications [7] - The company's solutions are fully compliant with NDAA/TAA regulations, essential for U.S. defense and federal integrations, providing a regulatory advantage [7][8]
EagleNXT Partners with UAVSICS to Expand Drone Solutions in Chile
Globenewswire· 2025-10-01 12:00
Company continues to deploy sales and service capability in expanding Latin America region WICHITA, Kan., Oct. 01, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (dba, EagleNXT) (the “Company” or “EagleNXT”) (NYSE: UAVS), a leading provider of advanced drone and aerial imaging solutions, is proud to announce UAVSICS as the official distributor of EagleNXT drones in Chile, strengthening its leadership in the region and expanding access to cutting-edge UAV technology. Based in one of the key financial a ...
AgEagle Lands Key Drone Order to Build Defense & Safety Operations
ZACKS· 2025-10-01 06:21
Core Insights - AgEagle Aerial Systems Inc. has secured an order for 12 eBee TAC tactical mapping drones from Tough Stump Technologies, enhancing their role in defense, humanitarian, and public safety operations [1] - The eBee TAC drone features a 90-minute flight time, a 34-mile range, and precision accuracy of 0.6 inches (1.5 cm), making it suitable for deployment in disconnected environments [2] - The partnership between AgEagle and Tough Stump, which began in 2018, is strengthened by this order, showcasing their commitment to advancing tactical edge capabilities [7] Company Benefits - The order validates Tough Stump's confidence in AgEagle's technology and highlights the importance of the Blue UAS Cleared List recognition for both the eBee TAC and eBee VISION [3] - AgEagle's alignment with defense and public safety requirements allows for expansion into adjacent applications and broadens its global footprint [4] - The integration of eBee TAC drones into Tough Stump's ARTEMIS ecosystem enhances geospatial intelligence capabilities, enabling rapid and informed decision-making in the field [5] Industry Impact - The collaboration between AgEagle and Tough Stump supports immediate mission requirements while paving the way for sustained growth and global reach [8] - By adopting AgEagle's drone technology, Tough Stump enhances its clients' mission readiness and ability to support defense, humanitarian, and public safety missions [6] - The partnership positions both companies to meet the growing demand for advanced aerial reconnaissance systems across multiple sectors [8]
Is Draganfly's Army Partnership a Game-Changer for Investors?
MarketBeat· 2025-09-30 21:09
Draganfly TodayDPRODraganfly$8.14 +1.19 (+17.12%) 52-Week Range$1.63▼$9.55Price Target$6.50Add to WatchlistOn Sept. 30, the market delivered a powerful and unambiguous verdict on Draganfly Inc. NASDAQ: DPRO. Shares of the drone technology company surged over 17%, driven by an unprecedented wave of investor interest that saw trading volume skyrocket to more than 58 million shares, a staggering figure compared to its daily average of roughly 1.9 million shares. This dramatic market action was ignited by a si ...
ZenaTech Developing Proprietary Quantum Computing Hardware Platform for Defense, Infrastructure and Drone Fleet Projects
Globenewswire· 2025-09-30 12:30
Core Insights - ZenaTech is developing a proprietary quantum computing hardware platform to enhance its AI drone capabilities for real-time data applications and predictions, targeting both defense and commercial sectors [1][2][3] - The initial prototype will have a capacity of up to five qubits, serving as a foundation for future advancements in quantum computing integrated with AI drones [1] - The integration of quantum computing is expected to significantly improve the speed, accuracy, and predictive capabilities of drone systems, particularly in defense applications [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions for critical business and government applications [6] - The company has been expanding its drone design and manufacturing capabilities since 2017, focusing on sectors such as agriculture, defense, and logistics [6][8] - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional AI drone solutions for various applications, including industrial surveillance and monitoring [7][8] Quantum Computing Initiatives - ZenaTech is advancing two dedicated quantum R&D initiatives: Sky Traffic and Clear Skies, aimed at optimizing weather forecasting, environmental monitoring, and traffic management [4] - Quantum computing is positioned as a transformative technology that can process complex data at unprecedented speeds, enhancing capabilities in various applications [5] Market Positioning - By developing its own quantum computing hardware, ZenaTech aims to reduce reliance on third-party providers and gain greater control over its innovation strategy, positioning itself as a leader in the defense and critical infrastructure technology sectors [3]
Draganfly chosen by U.S. Army to supply Flex FPV drones; shares up 15% (NASDAQ:DPRO)
Seeking Alpha· 2025-09-30 12:06
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
Draganfly Selected by U.S. Army to Supply Flex FPV Drone Systems
Globenewswire· 2025-09-30 11:15
Tampa, Florida, Sept. 30, 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 announced its selection by the U.S. Army to provide Flex FPV drone systems. Under the initial order, Draganfly will deliver Flex FPV drones designed for high-performance operations as well as help establish on-site manufacturing of the Flex FPV (First Person View) within overseas U.S. Forces facilities to a ...
X @TechCrunch
TechCrunch· 2025-09-28 21:01
A federal judge has rejected drone maker DJI’s efforts to get off a Department of Defense list of Chinese military companies. https://t.co/WLeCpDJCMw ...
Honoring Esteemed Veterans with Drone Franchise Opportunity
PRWEB· 2025-09-27 18:53
Core Insights - Aquiline Drones Corporation has partnered with Ryder System, Inc. and Vets to Drones to launch a discounted drone franchise program exclusively for U.S. Veterans, providing a lifelong opportunity beyond 2025 [1][2] - The program offers a 30% discount on drone franchises for qualified Veterans, with Ryder providing substantial discounts on franchise vehicles and Vets to Drones offering free professional drone training [2] Company Initiatives - Aquiline Drones recognizes the efforts of the Small Business Administration (SBA) and its VetsCert program, which empowers Service-Disabled Veteran-Owned Small Businesses (SDVOSBs) to compete for specialized contracts, particularly within the Department of Veteran Affairs [3] - The partnership aims to advance federal initiatives like the U.S. Department of War's Blue UAS program and the Replicator Initiative, focusing on expanding secure, American-made drone systems [5][6] Veteran Empowerment - The initiative seeks to enhance Veteran involvement in national security and industry growth by fostering entrepreneurship and enabling military veterans to transition into small-business ownership roles [8][9] - Aquiline Drones' franchise model includes structured training, business development support, and access to federal contracting opportunities for Veteran-owned businesses [7] Market Potential - The U.S. drone market is projected to exceed $60 billion in the next decade, driven by defense upgrades, infrastructure monitoring, and commercial drone adoption [9][10] - The franchise initiative is designed for rapid expansion across multiple states through collaborations with Veterans' organizations and government entities, ensuring franchisees are prepared for civilian and defense contracts [9][10] Strategic Goals - The partnership aims to bolster local economies and advance U.S. technological leadership by creating a robust ecosystem that empowers Veterans with resources and solutions [11][13] - The initiative aligns with national directives to strengthen the domestic UAS industrial base and promote Veteran-owned federal contracting goals [13][14]