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ZenaTech, Inc. - ZENA STOCK NEWS

Welcome to our dedicated page for ZenaTech news (Ticker: ZENA), a resource for investors and traders seeking the latest updates and insights on ZenaTech stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZenaTech's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ZenaTech's position in the market.

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ZenaTech (NASDAQ: ZENA) announces its subsidiary ZenaDrone has advanced the IQ Square multifunction drone from prototype to manufacturing stage. The drone, designed for outdoor line-of-sight operations, will support building inspections, land surveys, and power washing applications.

The IQ Square features include:

  • 20-minute flight time with autonomous recharging
  • 7kg payload capacity
  • 41x41 inches footprint
  • VTOL capabilities
  • Retractable landing gear

The drone will be central to ZenaTech's Drone as a Service (DaaS) business model, offering subscription-based or pay-as-you-go access through local stores. For power washing applications, the drone will be tethered to ground-based water and power sources, eliminating the need for scaffolding and manual labor. Manufacturing is underway at the company's Sharjah, UAE facility. According to QYResearch, the global drone cleaning services market is projected to reach $53.89 billion by 2030, with a 19.3% CAGR.

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ZenaTech, Inc. (Nasdaq: ZENA) has announced that its subsidiary ZenaDrone has finalized the third generation design of the ZenaDrone 1000 multifunction drone, which will serve as its "production model" for scaling up manufacturing. The new design features significant upgrades including a more powerful 100-volt propulsion system and an aerodynamic carbon fiber body that enables longer flight times, faster speed, and heavier lift capabilities.

ZenaDrone plans to manufacture at least ten drones monthly starting in Q1 2025 at its Sharjah, UAE facility. For US Department of Defense applications, production will take place in Phoenix, Arizona. The company's supply chain is fully NDAA compliant, and it's preparing to apply for Green UAS and Blue UAS certifications.

The ZenaDrone 1000 is a medium-sized autonomous VTOL quadcopter with eight rotors, capable of lifting up to forty kilos. It has already completed paid trials with both the US Air Force and US Navy for carrying critical cargo in the field. The global military drone market is estimated at US $14 billion in 2023 and projected to reach $47 billion by 2032.

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ZenaTech (NASDAQ: ZENA) reports successful initial testing of its Quantum Computing Sky Traffic project, demonstrating high accuracy in weather prediction using 2016 data. Following these results, the company is expanding its team over the next two months, recruiting quantum computing experts, AI specialists, and hardware engineers from international universities.

The Sky Traffic project, launched in November 2024, combines AI drones, quantum computing, and specialized teams to develop applications for traffic management, weather forecasting, wildfire management, and defense. The project utilizes Amazon Web Services and various computing platforms to process large datasets.

The company's ZenaDrone 1000, a VTOL quadcopter measuring 12x7 feet with eight rotors, can lift up to 40 kilos and features AI, sensors, and purpose-built attachments for industrial and defense applications. The integration of quantum computing with AI drones aims to enhance weather prediction accuracy, battlefield analysis, and autonomous decision-making capabilities.

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ZenaTech (NASDAQ: ZENA) announces the development and testing of 'DroneNet', a proprietary drone communications management system through its subsidiary ZenaDrone. This system enables secure and direct drone communications without relying on internet, cellular, or satellite connectivity.

The system is specifically designed for the company's ZenaDrone 1000 and IQ series drones. The ZenaDrone 1000, a VTOL quadcopter measuring 12X7 feet, can lift up to 40 kilos and features AI, advanced sensors, and purpose-built attachments for industrial and defense applications.

ZenaDrone has previously conducted paid trials with the US Air Force and Navy for critical cargo transport. The company plans to manufacture DoD-compliant drones in Phoenix, Arizona, meeting NDAA requirements for cybersecurity and component origin specifications. Future development plans include creating proprietary microchips with multilayer encryption for US Defense applications.

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ZenaTech (NASDAQ: ZENA) has announced that its subsidiary ZenaDrone is pursuing Green UAS certification for its IQ Square drone, targeting defense applications including land surveys and infrastructure inspections. The company has begun reviewing its cybersecurity practices, standards compliance, product security, and supply chain documentation.

The IQ Square drone is an AI-powered aircraft with a 20-minute flight time, 7kg payload capacity, and 41x41 inch footprint. It features VTOL capabilities, retractable landing gear, and autonomous charging functionality. ZenaDrone has already completed paid trials with the US Air Force and Navy Reserve for logistics applications.

The Green UAS certification is important for selling to government agencies, law enforcement, and first responders, validating corporate cyber hygiene, product security, and supply chain risk management. It serves as a pathway to Blue UAS certification for direct sales to the Department of Defense. ZenaTech plans to manufacture DoD-destined drones at its Arizona facility, with components produced by Spider Vision Sensors in Taiwan to ensure NDAA compliance.

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ZenaTech (NASDAQ: ZENA) announces the commencement of testing high-density batteries from Galaxy Batteries Inc. for its ZenaDrone 1000 multifunction AI drone this quarter. The initiative aims to enhance drone capabilities for defense applications by enabling longer flight times, improved reliability, and increased payload capacity.

The ZenaDrone 1000 features autonomous operation, stable flight, heavy lift capabilities, and advanced AI technology designed for military and industrial applications. The company has already completed paid trials with the US Air Force and US Navy Reserve for logistics and transportation of critical cargo.

ZenaTech confirms its supply chain is fully NDAA (National Defense Authorization Act) compliant and plans to pursue Green UAS certification, followed by Blue UAS certification, to become an approved supplier for US defense branches. These certifications require strict cybersecurity and supply chain sourcing requirements, excluding Chinese manufacturers.

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ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire its fifth land survey engineering company in Southeast Florida, expanding its Drone as a Service (DaaS) business. This acquisition aims to support border patrol and law enforcement with AI drone technology to address illegal immigration, which cost Florida taxpayers over $8 billion in 2023.

The company's DaaS model provides pay-as-you-go drone solutions for various applications, including land surveying, crop management, and safety inspections. The acquisition strategy involves establishing operations in specific geographical areas and deploying ZenaDrone multifunction AI drones equipped with thermal imaging, night vision, and AI-powered tracking capabilities.

These drones can enhance border security through 24/7 aerial surveillance, real-time data relay, and integration with radar systems. The technology significantly improves traditional land survey methods, completing tasks in hours instead of weeks using LiDAR, GPS systems, and high-resolution imaging.

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9.22%
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ZenaTech (NASDAQ: ZENA) announced its subsidiaries ZenaDrone and Spider Vision Sensors are collaborating with Taiwan-based Suntek Global to apply for Blue UAS certification for their IQ Nano drone sensor for US Defense use. The 10x10 inch IQ Nano drone is designed for indoor operations including inventory management, building reconnaissance, and explosives detection.

The company plans to file for Green UAS certification in Q2 2025, which serves as a pathway to Blue UAS certification. While Green UAS is a commercial certification for secure drones, Blue UAS is a military-grade approval with strict country-of-origin requirements excluding Chinese suppliers.

The global military drone market, valued at $14 billion in 2023, is projected to reach $47 billion by 2032. ZenaTech has previously completed paid trials with the US Air Force and Naval Reserve for logistics and transportation applications.

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ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire its fourth land survey engineering company in Florida, expanding its Drone-as-a-Service (DaaS) operations in the Southeast region. This strategic move aims to address hurricane damage management, which costs an average of $22.8 billion per significant landfall according to the Office for Coastal Management.

The company plans to deploy ZenaDrone 1000 and IQ series drones for hurricane cleanup, search and rescue operations through drone swarms. ZenaTech's subsidiary, ZenaDrone, will produce hundreds of drones to assist hurricane-prone states. The company is currently in discussions with over 25 potential acquisition targets.

The DaaS business model offers a pay-as-you-go solution for various sectors including governments, developers, farmers, and oil companies. The US Surveying and Mapping Services industry, valued at $10.3 billion, is being revolutionized by drone technology, enabling data collection across large areas in hours instead of months using traditional methods.

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ZenaTech (Nasdaq: ZENA), a technology company focused on AI drone solutions, Drone-as-a-Service, enterprise SaaS, and Quantum Computing, has announced the approval of its common shares for listing and trading on the Mexican Stock Exchange (BMV). The shares began trading under the symbol 'ZENA' on the BMV's International Quotation System (SIC) on January 23, 2025. The company, which is already listed on Nasdaq and Frankfurt Stock Exchange (FSE), aims to expand its geographical market presence and enhance shareholder liquidity through this new listing.

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FAQ

What is the current stock price of ZenaTech (ZENA)?

The current stock price of ZenaTech (ZENA) is $3.4 as of February 28, 2025.

What is the market cap of ZenaTech (ZENA)?

The market cap of ZenaTech (ZENA) is approximately 64.8M.
ZenaTech, Inc.

Nasdaq:ZENA

ZENA Rankings

ZENA Stock Data

64.83M
1.93M
88.87%
0.96%
3.23%
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