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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.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has acquired KJM Land Surveying in Pensacola, Florida, marking its second acquisition in its strategy to revolutionize the land survey industry through drone technology. This acquisition establishes a Southeast US base for ZenaTech's Drone-as-a-Service (DaaS) business, complementing its Northwest operations.

The acquisition aligns with ZenaTech's larger roll-up strategy in the $10.3 billion US Surveying and Mapping Services industry, which is growing at 3% annually. The company aims to disrupt traditional land surveying methods by implementing drone technologies that can complete surveys in hours instead of weeks or months.

ZenaTech's DaaS model offers a pay-as-you-go solution for various applications including land surveying, crop management, inspection, safety, and compliance. The company will deploy its ZenaDrone's multifunction AI drones through office locations and business partners nationwide, targeting governments, builders, developers, farmers, and oil and gas companies.

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End-of-Day
-2.63%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has completed the acquisition of Weddle Survey Inc., a Portland-based land survey engineering company with over 200 customers. This acquisition forms the foundation of ZenaTech's Northwest US Drone as a Service (DaaS) operations. The company plans to integrate AI drones for land surveys and develop solutions for wildfire management applications using drone swarm technology.

The acquisition is part of ZenaTech's broader strategy to build a national DaaS business through approximately 20 planned acquisitions. The company's DaaS model offers a pay-as-you-go solution for businesses seeking drone services without the need to invest in hardware, software, or regulatory approvals.

ZenaTech is developing the Sky Traffic project, which combines AI drones, quantum computing, and specialized teams to advance traffic management, weather forecasting, and wildfire applications. The company has partnered with a Native American company and is engaging with Pacific Coast organizations to scan large land areas exceeding 300 square miles for fire management using the ZenaDrone1000 platform.

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1.59%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) announces development of a gas-powered version of the ZenaDrone 1000 targeting US Defense and NATO markets. The company plans to submit a proposal to the US Air Force through the SBIR Long-Duration Aircraft Program. The global military drone market, currently valued at $14 billion (including $5 billion US market), is projected to reach $47 billion by 2032.

The gas-powered drone will offer extended flight durations, higher payload capacities, and superior operational ranges compared to battery-powered versions. ZenaDrone has previously completed paid trials with the US Air Force and Navy Reserve for logistics applications. The company plans to manufacture 'Made in America' drones in Arizona, with an NDAA-compliant supply chain, and aims to pursue Green UAS and Blue UAS certifications for DoD supplier approval.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.87%
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ZenaTech (NASDAQ: ZENA) announces its subsidiary ZenaDrone has applied for FAA Part 137 crop sprayer certification for its ZenaDrone 1000 autonomous drone. The certification will enable agricultural operations including spraying fertilizers, herbicides, and pesticides, as well as wildfire management applications. The company plans to leverage drone solutions to improve efficiency and reduce costs in US precision agriculture.

ZenaDrone previously received FAA exemption for visual line-of-sight commercial operations in October and has begun testing in Phoenix, Arizona. The US agricultural drone market, valued at $2.74 billion in 2024, is projected to grow at 25% CAGR, potentially reaching $10.45 billion by 2030. The company also aims to address wildfire management, with US wildfire devastation costs estimated between $394 billion and $893 billion annually.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
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AI
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire a workforce scheduling software company, with plans to close the acquisition by end of January 2025. The company aims to develop quantum computing-driven solutions to optimize workforce management for multinational corporations, particularly in healthcare, logistics, and manufacturing sectors.

The acquisition aligns with ZenaTech's strategy to expand its quantum computing expertise across AI drone and enterprise SaaS divisions. The technology will process complex variables including employee availability, skills, regulations, and demand to find optimal scheduling solutions more efficiently.

The quantum computing market is projected to reach over $4 billion by 2030, with a CAGR exceeding 30%. This follows ZenaTech's previous quantum computing initiative, the Sky Traffic project, which focuses on AI drones and drone swarms for traffic management, weather forecasting, and security applications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has signed a lease to open a Beyond Visual Line of Sight (BVLOS) drone testing facility in Turkey, set to be operational in Q1 2025. The facility will test the ZenaDrone 1000 model drones designed for US Defense and NATO applications.

The company will test defense drone applications including ISRT, logistics, and transportation beyond operator's line of sight. ZenaTech will also develop its Drone Command Center, a mobile control hub for multiple drones, with plans to file a patent in Q1 2025. The facility will support future FAA licensing applications.

The ZenaDrone 1000, a medium-sized autonomous quadcopter with eight rotors, will be manufactured in Phoenix, Arizona. The company has completed paid trials with US Air Force and Naval Research for cargo transport. ZenaTech's supply chain is NDAA-compliant, and the company plans to pursue Green UAS and Blue UAS certifications for DoD business eligibility.

Rhea-AI Impact
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-1.43%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) announces the relocation of its subsidiary ZenaDrone to a new manufacturing facility in Phoenix, Arizona, focused on producing US Defense and NATO-compliant drones. The facility will manufacture the ZenaDrone 1000 multifunction autonomous AI drones, incorporating R&D for Quantum Computing and drone swarm technology for military applications.

The facility includes manufacturing, assembly, R&D, sales, pilot, and training capabilities, along with an aeronautical test range. The company aims to develop drone swarms for border control and perimeter security, leveraging its Sky Traffic project that utilizes AI, Quantum Computing, and Amazon Web Services.

The global military drone market, valued at $14 billion in 2023, is projected to reach $47 billion by 2032. ZenaTech has completed paid trials with the US Air Force and Naval Reserve and plans to pursue Green UAS followed by Blue UAS certification for DoD compliance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.83%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has signed its third Letter of Intent (LOI) to acquire a land survey engineering company in the Western US. The acquisition will establish ZenaTech's drone operations base in the Western region, complementing previously announced LOIs in the Southeast and Southern US regions.

The acquired company will utilize drones for land surveys and wildfire management applications on Native American reservations. ZenaTech will integrate Quantum Computing with AI drone capabilities to process large-scale datasets. The company has an existing joint venture with a Native American company to manufacture and sell drones across Native American Nations for various applications including land survey, search and rescue, cargo delivery, and fire management.

The integration aims to enhance fire detection, response, and prevention through ZenaTech's Drone as a Service (DaaS) model, which offers pay-as-you-go drone services for business users without requiring hardware purchases or pilot certifications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
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Rhea-AI Summary

ZenaTech (NASDAQ: ZENA) has launched Sky Traffic, a Quantum Computing project combining drone technology with advanced computing for traffic optimization and weather forecasting. The initiative emerged from government interest in using ZenaDrone 1000 for traffic monitoring.

The project aims to provide real-time traffic data to government agencies and drivers, improving precision and speed in traffic flow optimization, signal management, and public safety. ZenaTech will utilize Amazon Web Services (AWS) as its computing platform and plans to extend the application to weather radar for enhanced forecasting capabilities.

The system leverages quantum computing's ability to process complex data at unprecedented speeds, combined with drone-collected data from aerial surveillance, cameras, sensors, and GPS to monitor traffic conditions and gather atmospheric data for weather predictions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.12%
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FAQ

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

The current stock price of ZenaTech (ZENA) is $6.04 as of January 24, 2025.

What is the market cap of ZenaTech (ZENA)?

The market cap of ZenaTech (ZENA) is approximately 103.5M.
ZenaTech, Inc.

Nasdaq:ZENA

ZENA Rankings

ZENA Stock Data

103.51M
1.93M
88.87%
0.96%
3.23%
Software - Infrastructure
Technology
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United States of America
Toronto