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ZenaTech Reports Record 1,225% Year-Over-Year Revenue Growth in Q3, 2025 and 6X Growth for First Nine Months of Year as Drone as a Service Business Expansion Accelerates
Globenewswire· 2025-11-11 12:30
Core Insights - ZenaTech, Inc. reported a record revenue growth of 1,225% year-over-year for Q3 2025, achieving $4.35 million in revenue, driven by the success of its Drone as a Service segment and enterprise SaaS software [1][5][9] Financial Overview - Revenue for the first nine months of 2025 reached $7.73 million, a nearly 6X increase from $1.29 million in the same period of 2024 [5] - The Drone as a Service segment generated $3.57 million in revenue during Q3 2025, compared to zero in Q3 2024 [5] - The enterprise SaaS software segment revenue grew to $776,908, representing a 137% increase year-over-year [5] - Working capital increased to $23.6 million as of September 30, 2025, up from $3.4 million at the end of 2024 [5] - Total assets grew to $78.5 million at the end of Q3 2025, up from $34.65 million at the end of 2024 [6] Operational Highlights - The company completed four acquisitions of land survey engineering companies, expanding its Drone as a Service footprint to ten locations across the US [5][12] - A new manufacturing facility was established in Mesa, Arizona, for the production of drones for US defense agencies [12] - The company is focusing on R&D projects, including the development of specialized AI drone applications for the US military [12] Strategic Outlook - ZenaTech anticipates continued revenue and operational growth into 2026, driven by increasing demand for drone technology and software solutions [9] - The company aims to expand its Drone as a Service operations in the US and internationally, targeting a total of 25 acquisitions by mid-2026 [12] - There is a focus on building partnerships in various sectors, including utilities, construction, and government, to enhance drone service offerings [12]
ZenaTech to Highlight Drone as a Service, AI Drone Solutions, and US Defense Initiatives at Three Upcoming Investor Conferences
Globenewswire· 2025-10-30 12:00
Core Insights - ZenaTech, Inc. is actively participating in three upcoming US investor conferences to showcase its AI-driven drone solutions and expand its Drone as a Service (DaaS) business [1][2][3] Conference Participation - ZenaTech will attend the DealFlow Conference on November 12-13, 2025, at the Hard Rock Hotel & Casino in Florida, focusing on networking and investor briefings [2] - The company will also participate in the Benchmark 14th Annual Discovery One-on-One Conference, emphasizing one-on-one meetings with institutional investors [2] - Additionally, ZenaTech is set to engage in the Northland Virtual Conference on December 4, 2025, facilitating live discussions and virtual meetings [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications [5] - The company has developed a range of drone solutions through its subsidiary, ZenaDrone, which includes the ZenaDrone 1000 for agriculture and defense, and the IQ Nano for logistics and security [6] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its US DaaS business through acquisitions [5]
Box CEO Aaron Levie on how AI is changing the enterprise SaaS landscape
TechCrunch· 2025-10-29 18:45
Core Insights - The future of enterprise software is expected to be a hybrid model combining SaaS and AI agents, rather than AI agents replacing SaaS companies [1][3] - The integration of AI agents into enterprise software will necessitate a shift in business models from "per-seat" to consumption and volume-oriented use cases [5] Group 1: Business Model Changes - The traditional "per-seat" business model will become obsolete as the number of AI agents is projected to be 100 to 1,000 times greater than the number of human users [4] - Companies will need to adapt their sales strategies to accommodate the rise of AI agents, focusing on consumption-based models [5] Group 2: Opportunities for Startups - There is a significant market opportunity for startups that are designed for an agent-first approach, as they can create new processes without the burden of existing business models [5] - The current technological shift presents a unique window for new companies to emerge in the enterprise space, as the landscape is changing dramatically [6]
ZenaTech Pushes Forward on AI Drone Swarms, US Military Applications, and Quantum Computing Initiatives to be Highlighted at Three Upcoming Investor Conferences
Globenewswire· 2025-06-03 11:45
Core Insights - ZenaTech, Inc. is advancing its projects in drone swarms, US military applications, and quantum computing, which will be showcased at three upcoming investor conferences [1][2] - The company emphasizes the importance of intelligent, networked systems in modern military warfare, moving beyond traditional reliance on brute force [2] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions for mission-critical applications [6] - The company has been enhancing its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [6] - ZenaTech's solutions are utilized across various sectors, including law enforcement, health, government, agriculture, defense, and logistics, driving operational efficiencies and cost savings [6] Upcoming Conferences - ZenaTech will participate in the Maxim Group Virtual Tech Conference on June 4, 2025, focusing on AI and quantum computing innovations [3] - The MicroCap Rodeo Investor Conference will take place on June 6, 2025, providing a platform for ZenaTech to connect with institutional investors [4] - The CEM Bermuda Capital Event will occur from June 7-9, 2025, where ZenaTech's executives will engage in investor meetings [5] Product Innovations - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions incorporating machine learning, AI, and quantum computing [7] - The ZenaDrone 1000 is utilized for crop management in agriculture and critical field cargo in defense, while the IQ Nano is designed for inventory management and security [8] - The IQ Square drone serves both indoor and outdoor applications for land surveys and inspections in commercial and defense sectors [8]