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.
ZenaTech, Inc. (ZENA) specializes in AI-driven enterprise software and advanced drone solutions for sectors ranging from defense to industrial logistics. This page aggregates all company announcements, providing stakeholders with timely updates on financial performance, technological innovations, and strategic partnerships.
Access official press releases covering earnings reports, product launches, and corporate milestones. Our curated collection ensures investors and industry professionals stay informed about ZENA's cloud-based SaaS developments, quantum computing initiatives, and defense-compliant drone systems.
Key updates include regulatory filings, executive leadership changes, and details on emerging applications of ZENA's integrated hardware-software platforms. Bookmark this page for direct access to primary sources, avoiding third-party interpretations.
Regularly updated, this resource serves as a neutral hub for tracking ZENA's advancements in mission-critical technologies. Visit frequently to monitor how the company addresses evolving challenges in government contracting and industrial automation.
ZenaTech (NASDAQ: ZENA) announces its subsidiary ZenaDrone has received FAA Part 137 approval for commercial agricultural drone operations. This certification enables final testing and deployment of the ZenaDrone 1000 for aerial spraying of agricultural materials through their Drone as a Service (DaaS) business model.
The ZenaDrone 1000 is a VTOL quadcopter measuring 12x7 feet with eight rotors and 40-kilo lift capacity. The drone will be used for spraying pesticides, herbicides, fungicides, fertilizers, and seeds, offering more precise and cost-effective alternatives to traditional farming methods.
The company plans to initially deploy in the US, followed by Ireland. According to Fortune Business Insights, the global agriculture drone market is expected to grow from $6.10 billion in 2024 to $23.78 billion by 2032, at an 18.5% CAGR.
ZenaTech (NASDAQ: ZENA) announces the launch of an early wildfire detection system through its subsidiary ZenaDrone. The company plans to test the system with a prospective California business customer operating a 400-acre rural outdoor tourist attraction.
The system utilizes the ZenaDrone 1000, an autonomous AI drone equipped with thermal imaging and LiDAR technology, designed to detect early-stage heat signatures and smoke, particularly during nighttime operations. The drone features a VTOL quadcopter design with eight rotors, measures 12X7 feet, and can lift up to 40 kilos.
If testing proves successful, full deployment is expected by Q4 under a Drone as a Service (DaaS) subscription model. The initiative targets the growing global wildfire protection market, projected to expand from $9.68 billion in 2024 to $22.47 billion by 2032, with a 12.6% CAGR.
ZenaTech (Nasdaq: ZENA), a technology company focused on AI drone solutions, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing, announces its participation in two major investor conferences in May 2025. The company will present at the D. Boral Capital Conference on May 14 at The Plaza Hotel in New York, where approximately 75 companies and hundreds of institutional investors are expected to attend.
Additionally, ZenaTech will showcase at the Ladenburg Thalmann Technology Innovation Expo25 on May 21 at Convene in New York. This full-day event will feature about 50 AI-driven technology companies. At both events, ZenaTech's leadership team will present company overviews and conduct one-on-one meetings, focusing on their AI drone solutions for commercial and defense markets and their DaaS business model expansion.
ZenaTech (NASDAQ: ZENA) announces plans to submit a Green UAS certification application for its IQ Square drone in early Q3 2025. The drone, designed for land surveys and infrastructure inspections for US Defense agencies, features 20-minute flight time, 7kg payload capacity, and autonomous charging capabilities.
The company has completed drone software and communications security controls, while finalizing cybersecurity practices and NDAA compliance documentation. The IQ Square, measuring 41x41 inches with VTOL capability, has already completed paid trials with the US Air Force and Navy Reserve for logistics applications.
ZenaTech plans to manufacture DoD-destined drones at its Arizona facility, with components sourced from its Taiwan-based Spider Vision Sensors company to ensure NDAA compliance. The company will showcase both IQ Square and ZenaDrone 1000 at AUVSI's Exponential Trade Show in May. Green UAS certification is important for selling to government agencies and serves as a pathway to Blue UAS certification for direct DoD sales.
ZenaTech (NASDAQ: ZENA) has completed the acquisition of Miller Land Surveying in Lake Worth, Florida, marking its third Southeast acquisition and fourth US acquisition overall. This strategic move advances ZenaTech's national Drone as a Service (DaaS) rollout strategy.
Miller, a 40-year-old land survey and mapping company, serves the Palm Beach County area with an established customer portfolio. The acquisition aligns with ZenaTech's vision to revolutionize the land survey industry through drone technology, incorporating the ZenaDrone 1000 and IQ series of autonomous drones.
The DaaS business model offers an Uber-like subscription or pay-per-use service for various applications including land surveys, power line inspections, and power washing. This approach eliminates the need for customers to purchase, operate, or maintain drones while providing access to advanced drone technology.
According to Fact.MR, the global drone surveying market is projected to reach USD $8 billion by 2030, growing at a CAGR of 15-20%, driven by demand from construction, agriculture, and infrastructure sectors.
ZenaTech (NASDAQ: ZENA) announces expansion of its US-based manufacturing operations through its ZenaDrone subsidiary in Phoenix, Arizona. The company will add up to 2,000 square feet of production space to manufacture drones for US commercial customers and defense solutions, responding to recent expanded tariffs without increasing prices.
The expansion is expected to create over 150 new jobs by the end of 2026. ZenaDrone currently operates a 10,000-square-foot facility in Sharjah, UAE, and plans to achieve NDAA compliance through its Taiwan-based Spider Vision Sensors company. The company has completed paid trials with the US Air Force and Navy Reserve, focusing on logistics and transportation applications.
ZenaDrone is pursuing Green UAS certification as a stepping stone to Blue UAS certification, which would enable direct sales to the Department of Defense. The company is targeting the military drone market, estimated at $14 billion in 2023 and projected to reach $47 billion by 2032, focusing on Intelligence, Surveillance, Reconnaissance, and Targeting (ISRT) and logistics segments.
ZenaTech (NASDAQ: ZENA) has completed the acquisition of Wallace Surveying in West Palm Beach, Florida, marking its second Southeast region acquisition and third US acquisition overall. This strategic move advances ZenaTech's national roll-up strategy to revolutionize the land survey industry through drone technology.
The acquisition strengthens ZenaTech's Drone as a Service (DaaS) business, incorporating the ZenaDrone 1000 and IQ series for various applications including power line inspections, precision agriculture, law enforcement, and disaster response. Wallace brings 30 years of experience in construction and land development surveys.
ZenaTech's DaaS model operates on a subscription or pay-per-use basis, offering customers reduced upfront costs and maintenance-free access to advanced drone technology. The global drone surveying market is projected to reach $8 billion by 2030, growing at a CAGR of 15-20%, driven by demand from construction, agriculture, and infrastructure sectors.
ZenaTech (NASDAQ: ZENA) reported its 2024 financial results, showing a 7% revenue increase to $1.96 million CAD compared to $1.82 million in 2023. The company's assets grew by 110% to $34.6 million, primarily due to patent acquisitions and software company purchases. However, comprehensive losses widened to $4.04 million from $0.251 million, attributed to one-time Nasdaq listing costs.
The company maintains a healthy debt-to-capitalization ratio of 31% and reports sufficient cash for the next 12 months of operations. ZenaTech has expanded its operations through seven global offices and launched new drone products, including the IQ Nano for warehouse inventory management and the IQ Square for land surveys. The company is pursuing a Drone as a Service (DaaS) business model and has announced multiple Letters of Intent for acquisitions, particularly in the land survey industry.
Notable developments include establishing Spider Vision Sensors in Taiwan for military-compliant drone components and expanding the team with 35 new hires. The company has also listed on additional exchanges including Frankfurt Stock Exchange and Mexican Stock Exchange.
ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire its eighth land survey company, marking its second acquisition in Arizona. This strategic move aims to expand the company's Drone as a Service (DaaS) presence in the Southwest region.
The acquisition aligns with ZenaTech's national DaaS business model, offering AI drone solutions through subscription or pay-per-use models. The company is targeting the US drone survey market, projected to reach $2.5 billion by 2033. The global market is expected to grow to $8 billion by 2033, with North America representing 35% and maintaining a 19% CAGR.
Land surveys constitute 53% of the drone surveying market, with applications in real estate, urban planning, and infrastructure projects. The DaaS model eliminates the need for customers to purchase and maintain drones while providing access to advanced technology and applications. ZenaTech's drone solutions utilize sensors, cameras, LiDAR, and GPS systems to conduct land surveys significantly faster than traditional methods.
ZenaTech (NASDAQ: ZENA) announces the development of a drone swarm application using multiple indoor IQ Nano drones for inventory management and security applications. The project is being conducted with an auto parts manufacturer during a paid trial.
The ZenaDrone IQ Nano, available in 10x10 and 20x20-inch sizes, is designed for autonomous operations including barcode scanning, RFID reading, facility inspections, and security monitoring. Key features include:
- 1.5kg weight with 20-minute flight time
- Automatic battery recharging station
- Integrated sensors and high-quality cameras
- AI-driven data collection and analysis
- Obstacle avoidance capabilities
The drone swarm technology aims to enhance warehouse efficiency through autonomous coordination of multiple drones, enabling real-time inventory tracking, rapid tag scanning, and comprehensive security surveillance. This system promises to reduce manual processes, improve accuracy, and provide 24/7 monitoring capabilities.