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ZenaTech Initiates Plans for a Ukraine Testing Facility for Drone Testing and Operational Validation of its Interceptor Defense Systems

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ZenaTech (NASDAQ: ZENA) announced plans (April 7, 2026) to establish a Ukraine drone testing facility alongside a previously disclosed Ukraine manufacturing site. The program aims to validate Interceptor P-1 and other counter‑UAS systems in active threat environments and to manufacture the P-1 targeted to sell for under $5,000 USD.

Company says Ukraine operations will support R&D, regulatory coordination with Ukrainian authorities, and global defense customer engagement.

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AI-generated analysis. Not financial advice.

Positive

  • Initiated Ukraine operations and manufacturing facility for Interceptor P-1
  • Plans a Ukraine testing facility to validate systems in active threat environments
  • Interceptor P-1 targeted sale price of under $5,000 USD

Negative

  • None.

News Market Reaction – ZENA

-4.76%
5 alerts
-4.76% News Effect
+8.7% Peak in 18 hr 53 min
-$6M Valuation Impact
$123.88M Market Cap
0.3x Rel. Volume

On the day this news was published, ZENA declined 4.76%, reflecting a moderate negative market reaction. Argus tracked a peak move of +8.7% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $6M from the company's valuation, bringing the market cap to $123.88M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Share price: $2.31 Market cap: $126,136,382 Shelf registration size: $250,000,000 +5 more
8 metrics
Share price $2.31 Pre-news current price for ZENA
Market cap $126,136,382 Pre-news equity value
Shelf registration size $250,000,000 Maximum aggregate offering under Form F-3 shelf
Public float $157,224,027 Public float as of Jan 22, 2026 in shelf filing
Enterprise software revenue $2,170,876 Nine months ended Sep 30, 2025
Drone services revenue $5,511,848 Nine months ended Sep 30, 2025
Capital expenditures $6,105,573 Nine months ended Sep 30, 2025
Interceptor P-1 target price Under $5,000 USD Target selling price per Interceptor P-1 drone

Market Reality Check

Price: $1.3700 Vol: Volume 1,829,539 is sligh...
normal vol
$1.3700 Last Close
Volume Volume 1,829,539 is slightly below 20-day average 2,032,287 (relative volume 0.9). normal
Technical Price $2.31 trades below 200-day MA $4.04, 67.51% below 52-week high $7.1093 and 26.92% above 52-week low $1.8201.

Peers on Argus

Momentum scanner shows ZENA and 3 peers (REKR, HPAI, AISP) moving down together,...
3 Down

Momentum scanner shows ZENA and 3 peers (REKR, HPAI, AISP) moving down together, with peers’ median move around -3.4%, suggesting broader sector pressure alongside company-specific Ukraine testing news.

Historical Context

5 past events · Latest: Apr 02 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 02 Ukraine manufacturing ramp Positive +9.8% Initiation of Ukraine manufacturing hub for Interceptor P-1 counter-UAS systems.
Mar 31 Underwater defense AUV Positive +12.8% IQ Aqua autonomous underwater vehicle prototype for mine detection and defense uses.
Mar 26 Conference roadshow Positive -6.5% Plans to present drone interceptors and AI tech at investor and industry events.
Mar 24 Integrated counter-UAS plan Positive +0.8% Development of integrated counter-UAS system pairing Interceptor P-1 with Zena AI.
Mar 19 Interceptor P-1 launch Positive +5.4% Announcement of low-cost Interceptor P-1 drone for counter-UAS missions.
Pattern Detected

Recent positive defense and drone development news often aligned with upside moves, though one conference-focused update saw a negative reaction.

Recent Company History

Over the past month, ZenaTech issued multiple defense- and AI-drone updates. On Mar 19, it highlighted the Interceptor P-1 priced under $5,000 USD (move +5.43%). Further integration and AI counter-UAS plans on Mar 24 saw a modest +0.8% reaction. A conference roadshow on Mar 26 coincided with a -6.45% move, while new products and Ukraine manufacturing plans on Mar 31 and Apr 2 aligned with stronger gains of +12.81% and +9.8%. Today’s Ukraine testing-facility news extends that defense-focused trajectory.

Regulatory & Risk Context

Active S-3 Shelf · $250,000,000
Shelf Active
Active S-3 Shelf Registration 2026-02-23
$250,000,000 registered capacity

An amended Form F-3 shelf filed on Feb 20, 2026 permits up to $250,000,000 of securities issuance (common, preferred, warrants, debt, rights, units) via future prospectus supplements, providing flexibility to raise capital as needed.

Market Pulse Summary

This announcement deepens ZenaTech’s Ukraine strategy by adding a testing facility to its planned ma...
Analysis

This announcement deepens ZenaTech’s Ukraine strategy by adding a testing facility to its planned manufacturing hub, enabling real-world validation of the Interceptor P-1, targeted to sell for under $5,000 USD. Recent history shows multiple defense and drone milestones since Mar 19, with generally positive market reactions. The company also maintains an effective $250,000,000 shelf registration, so investors may watch future capital-raising steps, execution progress in Ukraine, and uptake from U.S., NATO, and Gulf defense customers.

Key Terms

Drone as a Service (DaaS), counter-UAS
2 terms
Drone as a Service (DaaS) technical
"a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS"
Drone as a Service (DaaS) is a business model where companies provide drone hardware, software, pilots, maintenance and the data those drones collect on a subscription or pay-per-use basis, so customers can get aerial capabilities without buying and operating drones themselves; think of it like renting a car or using a cloud service for flight and data. Investors care because DaaS can create predictable, recurring revenue and rapid customer scale while reducing capital needs for clients, but it also brings regulatory, safety and technology adoption risks that affect profitability and growth.
counter-UAS technical
"development of cost-effective counter-UAS systems for US-allied defense customers worldwide"
Counter-UAS (counter-unmanned aircraft systems) are tools and tactics used to detect, track, and disable or divert drones that pose a threat to people, property, or operations. Think of them as a combination of a security camera, alarm system, and net that can find an unwanted flying device and stop it before it causes harm. Investors care because demand, regulation, and deployment of these systems affect revenue, contract opportunities, legal risk, and the valuation of companies that build or use them.

AI-generated analysis. Not financial advice.

Company adds to its Ukraine manufacturing plans with a testing facility to leverage world’s most operationally demanding drone warfare environment to validate its platforms under real-world conditions

VANCOUVER, British Columbia, April 07, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces plans to establish a dedicated testing facility in Ukraine and conduct drone testing and operational deployment activities to validate its drone platforms in active threat environments. This planned Ukrainian drone testing and deployment will place ZenaTech’s R&D and product validation directly within the world’s most active and operationally demanding drone warfare theater, enabling real-world testing of its Interceptor P-1 and other drone defense systems. This future testing facility will be in addition to the company’s previously disclosed plans for initiation of a manufacturing facility in Ukraine, positioning the company for the accelerated development of cost-effective counter-UAS systems for US-allied defense customers worldwide.

“Ukraine represents an unparalleled testing and validation environment for defense drone systems,” said Shaun Passley, Ph.D., ZenaTech CEO. “There is no testing environment on earth that replicates the operational intensity, threat complexity, and pace of innovation occurring in Ukraine today. By conducting our drone testing and product validation in this environment, we gain a level of real-world operational credibility that cannot be replicated in a laboratory or controlled airspace. Every data point we expect to collect, every engagement scenario we plan to validate, and every product iteration we execute in Ukraine will directly strengthen our product offering for defense customers from Gulf states to NATO allies to the U.S. Department of War.”

The company announced that it has initiated Ukraine operations and the establishment of a drone manufacturing facility that is intended to serve as a primary production hub for the company's Interceptor P-1 one-way expendable interceptor drone, targeted to sell for under $5,000 USD. It plans to utilize this Ukraine facility to manufacture its counter-UAS platforms, which are being engineered to defeat hostile drones at a fraction of the cost of conventional missile-based interception. These operations are designed to leverage Ukraine's deep aerospace engineering talent base and its position at the forefront of real-world drone warfare and counter-drone innovation.

Western Ukraine has emerged as the center of the country’s defense technology ecosystem, benefiting from relative security, proximity to NATO logistics corridors, and a rapidly growing defense-tech cluster. Ukraine’s Ministry of Defense has streamlined drone testing regulations under martial law, simplifying authorization pathways for defense-affiliated operators.

ZenaTech is currently working with legal and compliance experts to set up and structure its Ukraine operations as well as hiring staff. The company is also coordinating planned testing authorization through the Ukrainian Armed Forces and the State Aviation Authority of Ukraine (SAAU), leveraging the accelerated regulatory framework available to defense drone programs.

ZenaTech’s planned Ukraine-based operational testing program is designed to generate validated performance data, field-proven operational credibility, and battle-tested product refinement that will directly support the Company’s commercial engagement with defense procurement authorities globally. The Company plans to actively pursue defense customer engagement in the United Arab Emirates, the Kingdom of Saudi Arabia, and the State of Qatar, where counter-drone capability has become a strategic national security priority.

The company is committed to compliance with all applicable regulations including export and trade controls. Further updates on testing facility set up and operational milestones achieved will be provided over the upcoming months.

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 applications for business, government and defense. 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, surveying, monitoring, safety, security, and compliance, and maintenance processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.

About ZenaDrone

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous 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 surveying, inspection, tracking, process automation, and defense applications.

Currently, the ZenaDrone 1000 drone is used for crop management applications 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, the IQ Square is an outdoor drone designed for power washing and inspections use in commercial and government sectors, and the IQ Quad is for land surveys.

Contacts for more information:

Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com

Investors:
Michael Mason
CORE IR
investors@zenatech.com

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 statements 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, IQ Square, IQ Nano, IQ Quad, Interceptor P-1, ZenaDrone 2000, and IQ Glider; ZenaTech's ability to develop products for markets as currently contemplated; 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 and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎


FAQ

What is ZENA announcing about a Ukraine drone testing facility on April 7, 2026?

ZenaTech plans a Ukraine testing facility to validate drone defense systems in active threat environments. According to the company, the facility will test Interceptor P-1 and other platforms under real-world operational conditions to strengthen product validation.

Will ZENA manufacture the Interceptor P-1 in Ukraine and for what price?

Yes, ZenaTech plans Ukraine manufacturing for Interceptor P-1, targeted at under $5,000 USD per unit. According to the company, the Ukraine site is intended as a primary production hub for its one-way expendable interceptor drone.

How will ZENA coordinate testing authorizations in Ukraine for its drone program?

ZenaTech is coordinating testing authorization with the Ukrainian Armed Forces and the State Aviation Authority of Ukraine. According to the company, it will use the streamlined regulatory framework available under martial law for defense drone programs.

What commercial markets is ZENA targeting with Ukraine-validated drone systems?

ZenaTech plans to pursue defense customers in the UAE, Saudi Arabia, and Qatar with its counter‑drone platforms. According to the company, validated performance data from Ukraine will support commercial engagement with these procurement authorities.

How does ZENA describe the value of testing in Ukraine for its R&D?

ZenaTech says Ukraine offers unmatched operational intensity to validate systems and accelerate product refinement. According to the company, real-world engagements will provide data and credibility not replicable in controlled airspace or labs.

Does ZENA say it will comply with export and trade controls for Ukraine operations?

Yes, the company affirms commitment to compliance with applicable export and trade controls for its Ukraine operations. According to the company, it is working with legal and compliance experts while setting up and staffing operations.