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ZenaTech's ZenaDrone Developing Indoor Drone Swarm Application for Inventory Management and Security with Auto Parts Manufacturer Customer
GlobeNewswire News Room· 2025-03-25 11:45
Core Insights - ZenaTech, Inc. is developing a drone swarm application through its subsidiary ZenaDrone, focusing on inventory management and security solutions using multiple indoor IQ Nano drones [1][3] - The drone swarm technology aims to enhance efficiency, accuracy, and automation in tasks such as inventory tracking and surveillance, significantly improving operational capabilities compared to single drones [2][4] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications across various sectors [7] - The company has expanded its drone design and manufacturing capabilities since 2017, serving customers in law enforcement, health, government, and industrial sectors, as well as agriculture, defense, and logistics [7] Product Details - The ZenaDrone IQ Nano is designed for autonomous operations, featuring integrated sensors and high-quality cameras, capable of performing tasks like barcode scanning and security monitoring [6] - The drone weighs 1.5 kg and has a flight time of at least 20 minutes, equipped with obstacle avoidance capabilities and designed for stability during hovering [6] Technology Advantages - Utilizing drone swarms for indoor inventory management allows for rapid scanning of thousands of tags per second, providing real-time visibility and significantly reducing manual stocktaking efforts [4] - In security applications, drone swarms can autonomously patrol large areas, detect threats, and adapt to security breaches, enhancing overall safety and reducing false alarms [5]
ZenaTech Signs LOI to Acquire Sixth Land Survey Company in Arizona and First in the Southwest Region for Drone as a Service
Globenewswire· 2025-03-11 12:15
Company Overview - ZenaTech, Inc. specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions [1][7] - The company has been operational since 2017 and has expanded its drone design and manufacturing capabilities through its subsidiary, ZenaDrone [7] Acquisition Announcement - ZenaTech has signed a Letter of Intent (LOI) to acquire a sixth land survey engineering company in Arizona, marking its first acquisition in the Southwest Region [1] - This acquisition aims to enhance regional development and support the company's national DaaS business model [1][2] DaaS Model - DaaS provides drone technology solutions on a subscription or pay-per-use basis, allowing businesses and government customers to access drones without the need for ownership or maintenance [3][4] - The model reduces upfront costs and offers scalability, enabling customers to adjust usage based on their needs [4] Market Potential - The global drone surveying market is projected to exceed USD $8 billion by 2030, with a compound annual growth rate (CAGR) of 15-20% [6] - The demand for drone surveying is driven by industries such as construction, agriculture, and infrastructure development, with land surveys being a significant segment [6][5] Technological Advancements - Drones equipped with sensors, cameras, LiDAR, and GPS are transforming the land survey industry by capturing high-resolution data quickly, significantly reducing the time required compared to traditional methods [5]