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) 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.
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.
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.
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.
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.
ZenaTech (NASDAQ: ZENA) has signed a second Letter of Intent (LOI) to acquire a land survey company in the Southern US, advancing its Drone-as-a-Service (DaaS) strategy in the $10.3 billion US Surveying and Mapping Services industry. This follows a previous acquisition announcement in the Southeast US region.
The company aims to revolutionize traditional land surveying through AI drone solutions, offering subscription-based or pay-as-you-go services. Using drones equipped with sensors, cameras, LiDAR, and GPS systems, aerial data can be collected and analyzed within hours instead of weeks or months.
ZenaTech is currently negotiating over 20 potential acquisitions, targeting smaller land survey engineering firms with established client networks and licensed surveyors. The DaaS model will serve various sectors including governments, farmers, oil and gas companies, warehouse and logistics customers, and environmental firms.
ZenaTech (Nasdaq: ZENA) has signed a Letter of Intent to acquire a land survey company in the Southeast US, marking its entry into the Drone-as-a-Service (DaaS) business model. This acquisition is part of a larger strategy to revolutionize the $10.3 billion US Surveying and Mapping Services industry through drone technology.
The company aims to transform traditional land surveying methods by utilizing remotely piloted and autonomous drones equipped with sensors, cameras, LiDAR, and GPS systems. This technology can complete surveys in hours instead of weeks or months, offering enhanced accuracy and efficiency for various projects including roads, bridges, and buildings.
ZenaTech's DaaS model will provide a pay-as-you-go solution for governments, farmers, oil and gas companies, and environmental firms, eliminating the need for complete hardware and software purchases while leveraging AI capabilities for improved productivity.
ZenaTech's subsidiary Spider Vision Sensors has partnered with Suntek Global to develop Blue UAS and NDAA compliant AI drone cameras for US Defense and NATO. The collaboration focuses on designing a 25-megapixel camera for the ZenaDrone IQ Series, with the first camera for IQ Nano drone expected to ship within weeks. The partnership will also develop cameras for ZenaDrone 1000 drones intended for defense surveillance and tactical missions. The cameras will be manufactured in Taiwan and assembled in UAE, with plans for a future manufacturing facility in Phoenix, Arizona. ZenaDrone has previously completed paid trials with US Airforce and Naval Research for critical cargo transport.
ZenaTech (Nasdaq: ZENA) has signed Blue UAS and NDAA-compliant partner agreements for its supply chain to sell ZenaDrone 1000 AI drone solutions to US Defense branches and NATO forces. Following a Taiwan Trade Mission organized by the Arizona Commerce Authority, ZenaTech confirms all ZenaDrone's electrical components will comply with NDAA standards. The company previously completed paid trials with US Air Force and Naval Research for critical cargo transport. The next steps include completing the Green UAS list process before Blue UAS certification, enabling expanded military business opportunities. The company plans to conduct DoD demonstrations near its Phoenix offices.
ZenaTech (Nasdaq: ZENA) has announced plans to pursue multiple acquisitions to launch its Drone-as-a-Service (DaaS) operations. The company has identified approximately 20 target companies, with several in negotiation stages. The DaaS model will allow business customers to access drone solutions on a pay-as-you-go basis, integrating ZenaDrone's AI technology for applications in farming, oil and gas, environmental monitoring, and government operations. Financing for these acquisitions has been secured from existing shareholders. The strategy aims to significantly increase company revenue through both organic growth and acquisitions while expanding their DaaS business globally.
