Miami, FL–(Emerging Growth Newswire – May 20, 2025) – EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on ZenaTech, Inc. (NASDAQ: ZENA).
ZenaTech, Inc. (NASDAQ: ZENA), a technology company specializing in AI drones, Drone as a Service, enterprise SaaS and Quantum Computing solutions just announced that it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company.
The acquisition would strengthen ZenaTech’s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally.
ZenaTech, Inc. (NASDAQ: ZENA), is expanding its United Arab Emirates (UAE) presence by establishing a new office to sell Drone-as-a-Service (DaaS) offerings based in Dubai. Initially this office will focus on delivering drone-powered cleaning services for building exteriors using the IQ Square drone tethered to a water pipe and electrical cord. The company is currently obtaining a permit from the Dubai Civil Aviation Authority to begin power wash testing and operations.
Supporting this expansion, ZenaTech will hire two business development managers and up to four additional drone pilots, with drones supplied from its subsidiary ZenaDrone which has a manufacturing hub in nearby Sharjah.
The ZenaDrone IQ Square is an advanced AI-powered autonomous drone with a footprint of 40X40 and 50X50 inches in size, in a rotary VTOL (Vertical Takeoff and Landing) design. It is designed to perform visual-line-of-sight land surveys, various types of inspections and surveillance applications, power washing applications using a tethered water and power supply, and reconnaissance missions required for defense applications. Equipped to use interchangeable state-of-the-art cameras, sensors, and attachments, the IQ Square can carry a payload of up to seven kilograms and offers a flight time of approximately 20 minutes when using its battery that can be autonomously recharged through landing on a charging pad.
ZenaTech’s DaaS business incorporating the ZenaDrone 1000 and the IQ series of multifunction drones, provides a variety of cost-effective and accessible solutions through an Uber-like business model paid for on a regular subscription or pay-per-use basis. The business model offers customers such as government agencies, farmers, real estate developers, or business owners reduced upfront costs and convenience ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs.
ZenaTech, Inc. (NASDAQ: ZENA) also announced that it will be expanding operations and opening a new, larger office and its European Headquarters in Dublin, Ireland. The new hub will facilitate the Company’s drone sales and DaaS drone services — including precision agriculture solutions — to a growing UK and European market. The Company anticipates the official grand opening during the summer of 2025.
The European agricultural drone market was valued at approximately USD 4.6 billion in 2023 and is projected to reach USD 43.23 billion by 2032, growing at a compound annual growth rate (CAGR) of 28.58% according to Market Data Forecast. This growth is fueled by the adoption of drones for crop spraying, mapping, pest control, seeding, and remote sensing, which enhance productivity and resource efficiency in farming. Growth is also supported by favorable European government policies and a strong focus on sustainable farming practices.
ZenaDrone is a member of AUVSI, the international association of drone companies that administers the Green UAS certification, considered a first step to be on the vendor-approved list to sell to government, law enforcement, and many commercial customers and branches of the military.
The company is currently preparing to apply for its ZenaDrone 1000 and IQ series drones; this certification ensures drones meet required cybersecurity and supply chain requirements. Following this, ZenaDrone will apply for the Blue UAS certification, a more stringent requirement to sell directly to the US DoD branches and military agencies that ensures drone solutions meet the highest cybersecurity and country of origin standards which includes non-Chinese manufacturing requirements.
ZenaTech, Inc. (NASDAQ: ZENA) also recently announced 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 protect its 400-acre rural outdoor tourist attraction business from wildfires.
ZenaTech in addition to its other applications is joining the ranks of other top drone companies in wildfire applications.
Drone Amplified develops advanced payloads, integrates complex drone systems, and leads the industry in aerial ignition.
SmokeD offers an automatic drone-powered smoke and fire detection system isa solution for companies specializing in protecting the environment or utilizing outdoor infrastructure.
Candrone offers Drone Packages for Wildfire Management.
Dryad Networks develops a wireless environmental sensor network based on LoRaWAN: the leading open-standard for long-range radio IoT networks.
Drone Americas is revolutionizing unmanned aerial systems by delivering FAA compliant solutions that emphasize efficiency, performance, and sustainability.
FireSwarm solutions delivers an automated aerial fire suppression platform, combining ultra-heavy-lift technology and advanced automation to provide fast, efficient wildfire defence for governments, firefighting teams, forestry managers, First Nations, private industries, and at-risk industries.
Skydio drone programs help even the most dangerous work get done safer, smarter, and faster through remote autonomous flight. From Drone as First Responder to automated inspection and site security, Skydio helps you get the intelligence you need to make the best decisions.
DJI Enterprises enhance wildfire response by providing critical aerial information. DJI identifies hotspots more accurately and improve responders’ safety while aiding in the strategic deployment of resources.
ZenaTech, Inc. (NASDAQ: ZENA) recently provided an update on its subsidiary ZenaDrone’s previously announced plans to obtain the Green UAS (Unmanned Aerial System) certification and announced its intention to submit an application for the IQ Square drone at the beginning of Q3, 2025.
ZenaTech, Inc. (NASDAQ: ZENA), also recently provided an update on its US-based ZenaDrone subsidiary’s expansion plans for “Made in America” manufacturing in light of the recent expanded tariffs announced by the current US Administration.
ZenaTech maintains its commitment to domestic manufacturing for US defense drone solutions, including strategic local investments and military-compliant supply chains. ZenaDrone will now move some of its commercial drone production for US commercial customers to Arizona, meaning no need to increase prices for customers to offset tariff costs.
The company plans to expand its manufacturing capabilities over the next two months to produce drones for US commercial customers in addition to planned production for the US military. This expansion will include up to 2,000 additional square feet of production space. This will be the second global manufacturing facility; the company currently has development and production facilities for the ZenaDrone 1000 and IQ series of drones at its 10,000-square-foot facility in Sharjah, UAE.
“With increased US bans on Chinese drones and components and local incentives for domestic production, we are well-positioned to expand our manufacturing in Arizona, also creating more high-quality American jobs,” added Mr. Passley.
2024 Financial Results highlights from its announcement on April 1, 2025.
- 2024 full-year revenue increased by 7% to $1.96 million as compared to $1.82 million for the full year of 2023 (all figures in $Cdn. dollars)
- Assets have increased over 110% to $34.6 million at year-end 2024, up from $16.4 million at year-end 2023.
- ZenaTech’s existing cash and funds available through lines of credit will be sufficient to finance the next 12 months of the company’s operations.
- Additional information is available from ZenaTech’s 6K filing on the SEC EDGAR website.
See the “Letter to Shareholders” here:
ZenaTech, Inc. (NASDAQ: ZENA) also recently announced that its subsidiary ZenaDrone is developing a drone swarm application using multiple indoor IQ Nano drones for inventory management and security applications. ZenaDrone is conducting this development with its auto parts manufacturer customer where it is currently engaged in a paid trial.
ZenaTech, Inc. (NASDAQ: ZENA) announced that it has closed the acquisition of London-based workplace scheduling software company, Othership Limited. ZenaTech plans to develop quantum computing-driven workplace scheduling solutions intended to increase business productivity including multinational companies with large and complex workforces, workplace scheduling challenges, and large portfolios of office spaces and locations.
Established in 2018 in London, UK, Othership is a workspaces and collaborative workplace software company providing workplace scheduling and management solutions to remote-first businesses and individuals.
According to Market Data Forecast, the global workspace management software market is growing at a compounded annual growth rate (CAGR) of almost 13% per year and could reach near $2 billion by 2032. Growth is being driven by the adoption of hybrid work models, digital transformation, AI, and the need for organizations to optimize their workspace utilization efficiently.
ZenaTech signed an LOI (Letter of Intent) to acquire a sixth land survey engineering company located in Arizona. Upon completion, this will be the first acquisition in the Southwest Region and will serve as a launchpad to further regional development and the Company’s national DaaS business model bringing the speed and precision of AI drone solutions in a convenient subscription or pay-per-use model for businesses and government users.
Other workplace software stocks to watch:
CrowdStrike Holdings, Inc. (NASDAQ: CRWD)
Workday, Inc. (NASDAQ: WDAY)
MicroStrategy, Inc. (NASDAQ: MSTR)
Palantir Technologies, Inc. (NASDAQ: PLTR)
Palo Alto Networks, Inc. (NASDAQ: PANW)
Monday.com, Ltd. (NASDAQ: MNDY)
Salesforce, Inc. (NYSE: CRM)
Service Now, Inc. (NYSE: NOW)
Autodesk, Inc. (NASDAQ: ADSK)
Recently ZenaTech, Inc.’s (NASDAQ: ZENA) recently signed LOI’s:
To acquire a land survey engineering company located in the US Southeast region in Florida. This location will enable the ZenaDrone 1000 drones to assist with cleanup after a hurricane.
To acquire a land survey engineering company located in Southeast Florida to assist border patrol and law enforcement with border protection applications addressing illegal immigration which cost Florida taxpayers over $8 billion in 2023 according to research from the Federation for American Immigration Reform.
To acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. – Completed Acquisition March 18, 2025
To acquire a third land survey engineering company which will use drones for land surveys and to survey large tracks of land for wildfires and fire management applications on Native American reservations.
To acquire a land survey company. This is part of a larger acquisition strategy to disrupt the land survey business and other industries, by accelerating the innovation, speed and precision benefits achieved by using AI drones and adding to the roll out of ZenaTech’s Drone-as-a-Service (DaaS) business in the US.
According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2030. This market is expanding at a CAGR of 15-20%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development. Within the drone surveying market, land surveys represent a large portion, with significant adoption in real estate, urban planning, environmental applications and infrastructure projects.
ZenaTech, Inc. (NASDAQ: ZENA) also recently announced that its Taiwan subsidiary, Spider Vision Sensors, is in the process of expanding its East Asian partnerships to sell to customers in the rapidly growing government defense and commercial drone markets.
The company is also expanding its partnerships with local component manufacturers to further US military compliance in manufacturing sensors, cameras and parts for its ZenaDrone 1000 and IQ series multifunction AI drones. ZenaTech has hired two business development managers with plans to add up to five engineers over the next month to join the Spider Vision Sensors office team.
According to Fortune Business Insights, the Asia-Pacific military drone market for countries including Taiwan, Japan, and South Korea, is projected to be the fastest-growing region globally and expected to expand at a compound annual growth rate (CAGR) of 13.15% from 2024 to 2032. It is driven by increased defense spending and the rising need for intelligence, surveillance, reconnaissance, and security capabilities
Commercial drone services markets for countries including Japan and Malaysia are expanding rapidly and driven by applications in agriculture, infrastructure, security, and logistics and delivery. Japan’s market, valued at $3 billion in 2024, is projected to reach almost $7 billion by 2030 at a 15.2% CAGR according to Grand View Research. Malaysia’s market is growing even faster, driven by regulatory support and industry adoption, and is expected to rise from almost $5 billion in 2025 to $13 billion by 2030 which represents a 21.42% CAGR according to Knowledge Sourcing Intelligence.
ZenaTech, Inc.’s (NASDAQ: ZENA) subsidiary ZenaDrone has finalized its third-generation design of the ZenaDrone 1000 multifunction drone that will be used as its “production model” for scaling up production.
Just what the military needs:
A report by Research and Markets shows that in an industry that never stands still, the Global Military Drones Market is projected to reach an impressive US $29.8 Billion by 2030, up from US $13.6 Billion in 2023. Full report here.
Recently ZenaTech, Inc. (NASDAQ: ZENA) announced that its subsidiary ZenaDrone has commenced work towards a Green UAS (Unmanned Aerial System) certification for its IQ Square drone for applications including land survey, bridge inspections and other infrastructure inspections for use by US Defense agencies. The ZenaDrone team has commenced a review and assessment of its cybersecurity practices, standards compliance, product security, and supply chain documentation to prepare for this certification.
Green UAS certification is required for drone companies that want to sell to government agencies, law enforcement, first responders, and commercial enterprises in the United States that need to ensure a high level of security and NDAA compliance.
ZenaTech (NASDAQ: ZENA) has been aggressively making strides:
ZenaTech, Inc.’s (NASDAQ: ZENA) announced recently that it acquired KJM Land Surveying LLC, a well-established Pensacola Florida land survey engineering company with a long history and roster of repeat customers.
This is ZenaTech’s second acquisition as part of a larger roll-up strategy to disrupt the land survey industry by accelerating the use of drones for speed, accuracy and innovation benefits. The acquisition will also form the base of the Southeast US region of its national Drone as a Service or DaaS business which utilizes drone solutions from its subsidiary company ZenaDrone.
ZenaDrone’s multifunction AI drones will be offered in the Drone as a Service (DaaS) business model nationally through convenient office or storefront locations operated by the company as well as by business partners.
ZenaTech, Inc.’s (NASDAQ: ZENA) subsidiary company ZenaDrone has begun work on an all gas-powered version of the ZenaDrone 1000 drone to enable longer range flight times specifically for US Defense and NATO market use. The company plans to submit a proposal to test this model with the US Air Force through the SBIR (Small Business Innovation Research) Long-Duration Aircraft Program.
Gas-powered drones offer distinct advantages for defense applications due to their extended flight durations, higher payload capacities, and superior operational ranges compared to battery-powered counterparts. Gas-powered medium-size drones are well-suited for long-endurance missions such as reconnaissance and border patrol, where the ability to remain airborne for extended periods is critical.
David Kass, a prominent hedge fund manager predicted that AI, which dominated the news cycles over the past year will be replaced by quantum computing as the next technology innovation.
TheStreet.com recently discussed 5 quantum computing stocks that investors are targeting in 2025:
Quantum Computing Inc’s (NASDAQ: QUBT) stock gained almost 2,000% in 2024, rising from less than $1 per share to more than $18 in only a few months.
D-Wave Quantum Quantum, Inc.’s (NYSE: QBTS) shares have soared this year, rising more than 1,000%, including gains of almost 750% over the past two quarters.
IonQ, Inc.’s (NYSE: IONQ) shares are up over 500% for the year, and experts remain bullish on its growth prospects.
Lastly Rigetti Computing, Inc.’s (NASDAQ: RGTI) stock price is up almost 1,900% in the past year. It develops quantum integrated circuits, a key component for quantum computers, which may prove to be a highly lucrative niche.
ZenaTech, Inc. (NASDAQ: ZENA) could also have been included in the niche conglomerate of quantum computing companies. It is an AI drone, Drone-as-a-Service (DaaS), Quantum Computing and enterprise SaaS software company with a portfolio of solutions that help business and government customers improve mission-critical operations.
Other recent ZenaTech (NASDAQ: ZENA) announcements:
ZenaTech, Inc. (NASDAQ: ZENA) also recently announced positive results from initial testing and an update on its Quantum Computing Sky Traffic project. An initial test using the Company’s AI algorithms and quantum computing to predict weather has resulted in a high level of accuracy for the parameters tested including actual temperatures verses predicted temperatures in the test which used 2016 data.
The Sky Traffic project will utilize its AI drones, quantum computing, and specialized quantum and AI teams to develop and test advanced applications for traffic management, weather forecasting, wildfire management and defense applications using large datasets, Amazon Web Services, and computing devices and platforms.
ZenaTech, Inc.’s (NASDAQ: ZENA) subsidiary company ZenaDrone has moved into its manufacturing facility in Phoenix, Arizona to produce US Defense and NATO drones, part of efforts to produce “Made in America” drones. The new facility will accommodate drone manufacturing and assembly, R&D, sales, pilot, and training teams, and has an aeronautical test range site for demonstrations.
ZenaTech, Inc.’s (NASDAQ: ZENA) Taiwan-based Spider Vision Sensors Ltd. subsidiary has signed a partnership agreement with Suntek Global, a Taiwan-based certified electronics manufacturer of vision systems, to collaborate on design and manufacturing of Blue UAS (Unmanned Aerial Systems) and National Defense Administration Act (NDAA) compliant cameras to be embedded into its ZenaDrone’s products for the US Defense branches and NATO.
This will be followed by collaboration on NDAA-compliant AI drone cameras to be incorporated into ZenaDrone 1000 drones designed for defense organizations for surveillance, reconnaissance, logistics and tactical missions.
ZenaTech, Inc.’s (NASDAQ: ZENA) military aspect that could set them apart.
The US Navy and the Airforce are using ZenaTech’s drones is for transporting critical medical supplies like blood in field operations.
Since the opening of its drone production facility in Dubai, UAE and the debut of the ZenaDrone 1000 at the UMEX Abu Dhabi Trade show, the company has secured US military pilot contracts with the Airforce and Navy.
Secured Military contracts:
The military relies on drones for surveillance, reconnaissance, and intelligence gathering, and the ZenaDrone 1000 offers valuable features for these missions. With an impressive 1-hour flight time, the drone can cover long distances and operate for extended periods, facilitating continuous surveillance and gathering critical intelligence. Its automatic recharging capability ensures minimal downtime, allowing for a swift response to emerging situations and prolonged operational efficiency. The combination of these attributes makes the ZenaDrone 1000 an invaluable asset, enhancing situational awareness and the overall effectiveness of military operations.
Situational Awareness:
The ZenaDrone 1000 revolutionizes military situational assessment with advanced sensors, real-time data streaming, and autonomous reconnaissance. It offers precise enemy positioning, weather forecasting, and terrain analysis, empowering well-informed tactical decisions, and safer mission strategies. As a force multiplier, it optimizes resource allocation, enhances coordination, and mitigates risks, ultimately amplifying the military’s operational effectiveness and success rates.
Post-War Damage Assessment:
The ZenaDrone offers significant advantages for post-war damage assessments in the military. Its rapid and safe aerial reconnaissance capabilities enable real-time visual evaluations of war-damaged zones. Equipped with high-resolution imaging and remote sensing technologies, the drone captures detailed data, aiding in accurate identification of destruction extent and potential hazards. By eliminating the need for personnel deployment in hazardous areas, the ZenaDrone ensures safety and efficiency while covering vast territories. Its data analytics and comparative analysis capabilities further contribute to informed decision-making, facilitating effective recovery and reconstruction strategies.
In an article on Exoswan titled “Top Military Deone Stocks for 2025” it discusses other worthy of mentioning names in the space including:
Textron, Inc. (NYSE: TXT) which offers tactical UAS for reconnaissance and surveillance.
Elbit Systems, Ltd. (NASDAQ: ESLT) which provides complete UAV solutions including air vehicles, ground control stations and payloads.
L3Harris, Inc. (NYSE: LHX) which integrates diverse UAS platforms with broader military systems and networks.
Lockheed Martin Corp. (NYSE: LMT) which focuses on advanced stealth drones and autonomous systems
Raytheon corporation (NYSE: RTX) which specializes in counter-drone technologies and drone-based missile systems.
Others in the drone space to have a look include Ondas Holdings, Inc. (NASDAQ: ONDS) which provides private wireless drone and automated data solutions, and Volatus Aerospace, Inc. (OTCQX: TAKOF) (TSXV: FLT) which deals in innovative global aerial solutions for intelligence and cargo.
ZenaTech has secured financing for this series of acquisitions from current shareholders. For more information, please refer to the Company’s Form 6-K filing which can be accessed on the SEC website.
Other recent ZenaTech (NASDAQ: ZENA) announcements continued:
ZenaTech, Inc. (NASDAQ: ZENA), has entered into an agreement to acquire Ecker Capital LLC, the holding company for warehouse management software companies InterlinkONE Inc. and Interactive Systems Inc., from ZenaTech’s affiliated company Ameritek Ventures Inc. (OTC: ATVK).
ZenaTech, Inc. (NASDAQ: ZENA), went public with its shares being approved for trading on the NASDAQ on October 1, 2024. Since then, there has been a slew of accomplishments from this AI drone Solutions company.
The company may have an opportunity to rival others like Amazon.com, (NASDAQ: AMZN) Boeing Co., (NYSE: BA) Joby Aviation, Inc., (NYSE: JOBY) Northrop Grumman Corp., (NYSE: NOC) AeroVironment, Inc., (NASDAQ: AVAV) Kratos Defense & Security Solutions, Inc., (NASDAQ: KTOS) and EHang Holdings, Ltd., (NASDAQ: EH).
The ZenaDrone 1000 is an autonomous drone, in a quadcopter design with eight rotors, is roughly the size of a boardroom table, is designed for stable flight, maneuverability, heavy lift capabilities, incorporating innovative software technology, AI, sensors, and purpose-built attachments, along with compact and rugged hardware engineered for industrial use. It has been used in the agriculture sector enabling smart farming, plant tracking, and crop management. ZenaDrone’s products have also been piloted in the field with the US military for delivery of temperature-controlled critical medical supplies.
The ZenaDrone IQ Nano is a 10×10-inch drone designed to perform regular and frequent inspections such as bar code or RFID scanning, facility maintenance inspections, security monitoring, 3D indoor mapping and other applications inside a warehouse or plant facility. The IQ Nano is designed for autonomous use featuring integrated sensors, high-quality cameras, and data collection and analysis. Weighing 1.5kg and with a flight time of up to 20 minutes before utilizing the automatic battery charging station, it is designed for hovering stability and for safety with obstacle avoidance capabilities.
ZenaDrone IQ Nano Features:
Charging pad: Convenient charging solution without cords or cables, making it easier to maintain multiple drones.
Tethered cable: Offers stable power and data connection for longer flight times or hovering in one place for longer periods, for real-time data transmission during indoor inspections.
Safe for indoor use: Equipped with obstacle avoidance and suitable for confined spaces where traditional drones may pose a risk.
Intelligent Battery: IQ Nano is designed to have a flight time up to 20 minutes and features an intelligent flight battery which enhances its time in the air.
Reliable Video: The enhanced video transmission and sensing systems make it highly reliable in gathering visual data in the air.
Retractable landing gear: Enables a compact and streamlined design, improving maneuverability in limited space areas.
Durability: Carbon-fiber shell that can withstand impact without severe damage, and propeller guards provide protection to its rotors to ensure uninterrupted flight.
Portability: Designed to fit in a case for quick deployment from site to site for ease of carrying and designed to be unobtrusive and stackable for storage.
User Friendly Controls: Designed so controls work alongside onboard sensing system and video transmission to provide smooth and intuitive operability even for new pilots.
Other Stocks to watch:
KULR Technology Group, Inc. (NYSE American: KULR) was just awarded a Navy contract and delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities.
Quantum Stock Focus:
Rigetti Computing, Inc. (NASDAQ: RGTI) is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform.
D-Wave Quantum, Inc. (NYSE: QBTS) develops and delivers quantum computing systems, software, and services worldwide.
IonQ, Inc. (NYSE: IONQ) IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States.
Other related drone companies:
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems.
AeroVironment, Inc. (NASDAQ: AVAV) designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally.
Many companies have entered the space such as:
Dragonfly, Inc. (NASDAQ: DPRO)
Safe Pro Group, Inc. (NASDAQ: SPAI)
Red Cat Holdings, Inc. (NASDAQ: RCAT)
Maris-Tech, Ltd. (NASDAQ: MTEK)
AgEagle Aerial Systems, Inc. (NYSE: UAVS)
While even further expanding facilities for the third time in 3 years, 2024 marked the commencement of commercial production of drone products, listing on the NASDAQ Capital Markets, and the set-up of a Turkey facility for more advanced drone testing.
The Commercial Drone market has seen a rise in global adaption due to advancements in technology. By application, the commercial drone market is segmented into agriculture & environment, media & entertainment government, and others.
Commercial Drone market expected to grow at 23.7 CAGR (Compound Annual Growth Rate) through 2030
The Company’s ZenaDrone solutions boasts unique features and functions integrated with intelligent algorithms that can retain and recognize information input to satisfy the demand for technological innovation in various industries, including but not limited to the following:
- Agriculture and Farm Plantation
- Environmental Monitoring and Conservation
- Weather Prediction
- Property Management
- Search and Rescue Missions
- Emergency Services
- Livestock Management
- Military Industry
- Security and Surveillance
- Crop Insurance
- Architecture and Construction
- Film and Media Production
- Warehousing and Inventory
- Cargo and Logistics
- Power Lines and Grids
- Renewable Energy
- Oil and Gas Industry
- City Planning
- Industrial Zoning
- Mining Industry
In an industry that never stands still, the Global Military Drones Market is projected to reach an impressive US $29.8 Billion by 2030, up from US $13.6 Billion in 2023. Full report here.
The Military Drone Market Size is expected to reach a value of USD 18.0 Billion by 2028, a rise from 13.0 billion in 2023. Full report here.
“We are committed to an innovative product roadmap for the ZenaDrone 1000 to meet evolving defense industry needs for long-endurance drone solutions providing real-time intelligence and versatile mission capabilities while minimizing risks to personnel and operational costs. We look forward to a successful SBIR program submission which would help us build the necessary relationships and a pathway to commercialization and federal contracts,” said CEO, Dr. Shaun Passley Ph.D.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model for convenient pay-per-use drone services that innovate legacy manual tasks.
About ZenaDrone
ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors.
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Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking stat ements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Forward-looking statements are based on certain assumptions and analyses made by the management of ZenaTech in light of its experience and understanding of historical trends and current conditions and other factors management believes are appropriate to consider, which are subject to risks and uncertainties. Although ZenaTech’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and actual results may vary materially from the forward-looking information presented. Given these risks and uncertainties underlying the assumptions made, prospective purchasers of ZenaTech’s securities should not place undue reliance on these forward-looking statements.
Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, ZenaTech undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors and to assess in advance the impact of each such factor on ZenaTech’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Potential investors should read this document with the understanding that ZenaTech’s actual future results may be materially different from what is currently anticipated.
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Links for reference:
https://dev13.newsunseo.com/profile/zena/ – Zena PR’s
https://finance.yahoo.com/news/zenatech-advances-us-southeast-daas-114500026.html
https://finance.yahoo.com/news/zenatech-zenadrone-moving-forward-heavy-123000787.html
https://www.alliedmarketresearch.com/commercial-drone-market
https://www.zenatech.com/zenatech-to-execute-series-of-acquisitions-to-launch-drone-as-a-service/
https://www.zenadrone.com/military-industry/
ZenaTech Announces Dual Listing of its Shares on the Frankfurt Stock Exchange – ZenaTech
ZenaTech’s AI Drone Company Acquires Drone Design Patent from Former Parent Company – ZenaTech
ZenaTech Announces Approval to List Common Shares on the Nasdaq Capital Market – ZenaTech
