ZenaTech’s Taiwan Subsidiary Developing Partnerships in East Asia to Sell to the Fast-Growing Defense and Commercial Drone Markets
ZenaTech (NASDAQ: ZENA) announces expansion plans for its Taiwan subsidiary, Spider Vision Sensors, targeting East Asian defense and commercial drone markets. The subsidiary, opened in November 2024, is developing partnerships for manufacturing drone components and expanding its team with two business managers and potentially five engineers.
The company aims to manufacture sensors, cameras, and parts for its ZenaDrone 1000 and IQ series multifunction AI drones, ensuring US military compliance. The Asia-Pacific military drone market is projected to grow at 13.15% CAGR from 2024-2032, while specific commercial markets show promising growth: Japan's market is expected to reach $7 billion by 2030 (15.2% CAGR), and Malaysia's market is projected to grow from $5 billion in 2025 to $13 billion by 2030 (21.42% CAGR).
Spider Vision Sensors' Taiwan facility will produce various components including LiDAR, thermal, infrared, and multi-spectral sensors for integration into drones manufactured at facilities in Sharjah, UAE, and planned Arizona locations.
ZenaTech (NASDAQ: ZENA) annuncia piani di espansione per la sua filiale taiwanese, Spider Vision Sensors, mirando ai mercati della difesa e dei droni commerciali dell'Asia orientale. La filiale, aperta a novembre 2024, sta sviluppando partnership per la produzione di componenti per droni e ampliando il suo team con due manager aziendali e potenzialmente cinque ingegneri.
L'azienda mira a produrre sensori, telecamere e parti per i suoi ZenaDrone 1000 e IQ series, droni multifunzionali dotati di intelligenza artificiale, assicurando la conformità con le normative militari statunitensi. Si prevede che il mercato dei droni militari nell'Asia-Pacifico cresca a 13,15% CAGR dal 2024 al 2032, mentre mercati commerciali specifici mostrano una crescita promettente: il mercato giapponese dovrebbe raggiungere 7 miliardi di dollari entro il 2030 (15,2% CAGR), e il mercato della Malesia è previsto crescere da 5 miliardi di dollari nel 2025 a 13 miliardi di dollari entro il 2030 (21,42% CAGR).
La struttura di Spider Vision Sensors a Taiwan produrrà vari componenti tra cui sensori LiDAR, termici, a infrarossi e multispettrali per l'integrazione nei droni fabbricati presso strutture a Sharjah, UAE, e in località pianificate in Arizona.
ZenaTech (NASDAQ: ZENA) anuncia planes de expansión para su filial en Taiwán, Spider Vision Sensors, enfocándose en los mercados de drones comerciales y de defensa en Asia Oriental. La filial, abierta en noviembre de 2024, está desarrollando asociaciones para la fabricación de componentes de drones y ampliando su equipo con dos gerentes de negocios y potencialmente cinco ingenieros.
La empresa tiene como objetivo fabricar sensores, cámaras y piezas para sus ZenaDrone 1000 y IQ series, drones multifuncionales con inteligencia artificial, asegurando el cumplimiento con las normativas militares de EE. UU. Se prevé que el mercado de drones militares en Asia-Pacífico crezca a un 13.15% CAGR de 2024 a 2032, mientras que mercados comerciales específicos muestran un crecimiento prometedor: se espera que el mercado japonés alcance 7 mil millones de dólares para 2030 (15.2% CAGR), y se proyecta que el mercado de Malasia crezca de 5 mil millones de dólares en 2025 a 13 mil millones de dólares para 2030 (21.42% CAGR).
La instalación de Spider Vision Sensors en Taiwán producirá varios componentes, incluidos sensores LiDAR, térmicos, infrarrojos y multispectrales para su integración en drones fabricados en instalaciones en Sharjah, Emiratos Árabes Unidos, y en ubicaciones planificadas en Arizona.
ZenaTech (NASDAQ: ZENA)는 대만 자회사인 Spider Vision Sensors의 확장 계획을 발표하며 동아시아 방위 및 상업 드론 시장을 목표로 하고 있습니다. 2024년 11월에 개설된 이 자회사는 드론 부품 제조를 위한 파트너십을 개발하고 있으며 두 명의 비즈니스 매니저와 잠재적으로 다섯 명의 엔지니어로 팀을 확장하고 있습니다.
회사는 ZenaDrone 1000 및 IQ 시리즈 다기능 AI 드론을 위한 센서, 카메라 및 부품을 제조하여 미국 군대의 규정을 준수하는 것을 목표로 하고 있습니다. 아시아-태평양 군용 드론 시장은 2024-2032년 동안 13.15% CAGR로 성장할 것으로 예상되며, 특정 상업 시장은 유망한 성장을 보이고 있습니다: 일본 시장은 2030년까지 70억 달러에 이를 것으로 예상되며 (15.2% CAGR), 말레이시아 시장은 2025년 50억 달러에서 2030년까지 130억 달러로 성장할 것으로 예상됩니다 (21.42% CAGR).
Spider Vision Sensors의 대만 시설은 Sharjah, UAE 및 계획된 애리조나 위치에서 제조되는 드론에 통합하기 위해 LiDAR, 열, 적외선 및 다중 스펙트럼 센서를 포함한 다양한 구성 요소를 생산할 것입니다.
ZenaTech (NASDAQ: ZENA) annonce des projets d'expansion pour sa filiale taïwanaise, Spider Vision Sensors, visant les marchés de la défense et des drones commerciaux en Asie de l'Est. La filiale, ouverte en novembre 2024, développe des partenariats pour la fabrication de composants de drones et élargit son équipe avec deux responsables commerciaux et potentiellement cinq ingénieurs.
L'entreprise vise à fabriquer des capteurs, des caméras et des pièces pour ses ZenaDrone 1000 et IQ series de drones multifonctionnels dotés d'intelligence artificielle, tout en garantissant la conformité avec les normes militaires américaines. Le marché des drones militaires en Asie-Pacifique devrait croître à un 13,15% CAGR de 2024 à 2032, tandis que des marchés commerciaux spécifiques montrent une croissance prometteuse : le marché japonais devrait atteindre 7 milliards de dollars d'ici 2030 (15,2% CAGR), et le marché malaisien devrait passer de 5 milliards de dollars en 2025 à 13 milliards de dollars d'ici 2030 (21,42% CAGR).
Les installations de Spider Vision Sensors à Taïwan produiront divers composants, y compris des capteurs LiDAR, thermiques, infrarouges et multispectraux pour leur intégration dans des drones fabriqués dans des installations à Sharjah, Émirats Arabes Unis, et dans des emplacements prévus en Arizona.
ZenaTech (NASDAQ: ZENA) kündigt Expansionspläne für ihre taiwanesische Tochtergesellschaft Spider Vision Sensors an, die sich auf die Verteidigungs- und kommerziellen Drohnenmärkte in Ostasien konzentriert. Die Tochtergesellschaft, die im November 2024 eröffnet wurde, entwickelt Partnerschaften zur Herstellung von Drohnenkomponenten und erweitert ihr Team um zwei Geschäftsleiter und potenziell fünf Ingenieure.
Das Unternehmen plant die Herstellung von Sensoren, Kameras und Teilen für seine ZenaDrone 1000 und IQ Serien multifunktionalen KI-Drohnen, um die Konformität mit den militärischen Vorschriften der USA sicherzustellen. Der Markt für Militärdrohnen im asiatisch-pazifischen Raum wird voraussichtlich mit 13,15% CAGR von 2024 bis 2032 wachsen, während spezifische kommerzielle Märkte vielversprechendes Wachstum zeigen: Der japanische Markt wird voraussichtlich bis 2030 7 Milliarden Dollar erreichen (15,2% CAGR), und der malaysische Markt wird voraussichtlich von 5 Milliarden Dollar im Jahr 2025 auf 13 Milliarden Dollar bis 2030 wachsen (21,42% CAGR).
Die Einrichtung von Spider Vision Sensors in Taiwan wird verschiedene Komponenten herstellen, darunter LiDAR-, Wärme-, Infrarot- und multispektrale Sensoren zur Integration in Drohnen, die in Einrichtungen in Sharjah, VAE, und an geplanten Standorten in Arizona hergestellt werden.
- Previous successful paid trials with US Air Force and US Navy
- Expansion into fast-growing Asian markets with high growth rates (13.15-21.42% CAGR)
- Strategic manufacturing presence in Taiwan to ensure US military compliance
- Immediate team expansion with 2 managers and 5 engineers
- Significant investment required for new facilities and workforce expansion
- Strong dependence on military contracts and certifications not yet obtained (Green UAS, Blue UAS)
- Complex supply chain management across multiple countries (Taiwan, UAE, USA)
VANCOUVER, British Columbia, March 04, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces that its Taiwan subsidiary, Spider Vision Sensors, is in the process of expanding its East Asian partnerships to sell to customers in the rapidly growing government defense and commercial drone markets. The company is also expanding its partnerships with local component manufacturers to further US military compliance in manufacturing sensors, cameras and parts for its ZenaDrone 1000 and IQ series multifunction AI drones. ZenaTech has hired two business development managers with plans to add up to five engineers over the next month to join the Spider Vision Sensors office team.
“The East Asian drone market, particularly Taiwan, Japan and South Korea, is rapidly growing for military defense and commercial needs. Expanding our Asian customer sales footprint was always part of our plan. Non-Chinese Asian component partnerships are of strategic importance for the creation of our US Defense-compliant cameras, sensors and parts that will help bring our products to market faster,” said CEO Shaun Passley, Ph.D.
According to Fortune Business Insights, the Asia-Pacific military drone market for countries including Taiwan, Japan, and South Korea, is projected to be the fastest-growing region globally and expected to expand at a compound annual growth rate (CAGR) of
Commercial drone services markets for countries including Japan and Malaysia are expanding rapidly and driven by applications in agriculture, infrastructure, security, and logistics and delivery. Japan's market, valued at
The Spider Vision Sensors Taiwan office opened in November 2024 to manufacture drone cameras, sensors, electronics, and components, including LiDAR (Light Detection and Ranging), thermal, infrared, and multi-spectral sensors, and circuit boards to incorporate into ZenaDrone’s finished product drones. Having in-house manufactured sensors and components will enable ZenaDrone to have a steady supply to fulfill customer drone order needs at its Sharjah, UAE manufacturing facilities and future Arizona-based drone manufacturing facilities for US military-destined “Made in America” drones.
Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. Spider Vision Sensors will ensure ZenaDrone’s products and supply chain are compliant with the US National Defense Authorization Act (NDAA), an important requirement to do business with the US Military. This along with the Green UAS (Uncrewed Arial System) and the Blue UAS are important certifications ensuring cybersecurity and country of origin compliance, which the company has stated it plans to achieve.
ZenaDrone previously completed paid trials with both the US Air Force and US Navy using its drones for carrying critical cargo — such as blood — in the field.
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 business applications. 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, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network.
About ZenaDrone
ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business 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 industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors.
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 and IQ Nano; 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.
FAQ
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