ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations
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) ha firmato una lettera di intenti per acquisire un'azienda di software per la programmazione della forza lavoro, con piani per chiudere l'acquisizione entro la fine di gennaio 2025. L'azienda mira a sviluppare soluzioni basate sul calcolo quantistico per ottimizzare la gestione della forza lavoro per multinazionali, in particolare nei settori della sanità, logistica e manifatturiero.
L'acquisizione si allinea con la strategia di ZenaTech di espandere la propria esperienza nel calcolo quantistico attraverso le divisioni AI drone e SaaS aziendale. La tecnologia elaborerà variabili complesse, tra cui disponibilità dei dipendenti, competenze, normative e domanda, per trovare soluzioni di programmazione ottimali in modo più efficiente.
Si prevede che il mercato del calcolo quantistico raggiunga oltre $4 miliardi entro il 2030, con un CAGR superiore al 30%. Questo segue l'iniziativa precedente di ZenaTech nel calcolo quantistico, il progetto Sky Traffic, che si concentra su droni AI e sciami di droni per la gestione del traffico, previsioni meteorologiche e applicazioni di sicurezza.
ZenaTech (NASDAQ: ZENA) ha firmado una carta de intenciones para adquirir una empresa de software de programación de la fuerza laboral, con planes de cerrar la adquisición para finales de enero de 2025. La compañía tiene como objetivo desarrollar soluciones impulsadas por computación cuántica para optimizar la gestión de la fuerza laboral en corporaciones multinacionales, especialmente en los sectores de salud, logística y manufactura.
La adquisición está alineada con la estrategia de ZenaTech de expandir su experiencia en computación cuántica a través de sus divisiones de drones de IA y SaaS empresarial. La tecnología procesará variables complejas, incluidas la disponibilidad de los empleados, habilidades, regulaciones y demanda, para encontrar soluciones de programación óptimas de manera más eficiente.
Se prevé que el mercado de computación cuántica alcance más de $4 mil millones para 2030, con una tasa de crecimiento anual compuesta (CAGR) superior al 30%. Esto sigue a la iniciativa anterior de ZenaTech en computación cuántica, el proyecto Sky Traffic, que se centra en drones de IA y enjambres de drones para la gestión del tráfico, la previsión meteorológica y aplicaciones de seguridad.
제나테크 (NASDAQ: ZENA)는 인력 배치 소프트웨어 회사를 인수하기 위한 의향서를 체결했으며, 2025년 1월 말까지 인수를 완료할 계획입니다. 이 회사는 다국적 기업의 인력 관리를 최적화하기 위한 양자 컴퓨팅 기반 솔루션 개발을 목표로 하고 있으며, 특히 의료, 물류 및 제조 분야에 중점을 두고 있습니다.
이번 인수는 제나테크가 AI 드론 및 기업 SaaS 부문에서 양자 컴퓨팅 전문성을 확장하려는 전략과 일치합니다. 이 기술은 직원 가용성, 기술, 규제 및 수요를 포함한 복잡한 변수를 처리하여 보다 효율적으로 최적의 스케줄링 솔루션을 찾아냅니다.
양자 컴퓨팅 시장은 2030년까지 40억 달러 이상에 이를 것으로 예상되며, 연평균 성장률(CAGR)은 30%를 초과할 것으로 보입니다. 이는 제나테크의 이전 양자 컴퓨팅 이니셔티브인 스카이 트래픽 프로젝트에 이어지는 것으로, AI 드론 및 드론 스웜을 활용한 교통 관리, 기상 예측 및 보안 응용 프로그램에 중점을 두고 있습니다.
ZenaTech (NASDAQ: ZENA) a signé une lettre d'intention pour acquérir une société de logiciels de planification de la main-d'œuvre, avec l'intention de finaliser l'acquisition d'ici fin janvier 2025. L'entreprise vise à développer des solutions basées sur l'informatique quantique pour optimiser la gestion de la main-d'œuvre des multinationales, en particulier dans les secteurs de la santé, de la logistique et de la fabrication.
L'acquisition s'inscrit dans la stratégie de ZenaTech d'élargir son expertise en informatique quantique à ses divisions de drones AI et SaaS pour les entreprises. La technologie traitera des variables complexes, y compris la disponibilité des employés, les compétences, les réglementations et la demande, pour trouver des solutions de planification optimales de manière plus efficace.
Le marché de l'informatique quantique devrait atteindre plus de 4 milliards de dollars d'ici 2030, avec un taux de croissance annuel composé (CAGR) supérieur à 30 %. Cela suit l'initiative précédente de ZenaTech dans le domaine de l'informatique quantique, le projet Sky Traffic, qui se concentre sur les drones AI et les essaims de drones pour la gestion du trafic, les prévisions météorologiques et les applications de sécurité.
ZenaTech (NASDAQ: ZENA) hat ein Absichtsschreiben zur Übernahme eines Unternehmens für Arbeitszeitmanagement-Software unterzeichnet, mit dem Ziel, die Übernahme bis Ende Januar 2025 abzuschließen. Das Unternehmen beabsichtigt, Lösungen zu entwickeln, die auf Quantencomputing basieren, um das Workforce-Management für multinational tätige Unternehmen, insbesondere in den Bereichen Gesundheitswesen, Logistik und Fertigung, zu optimieren.
Die Übernahme steht im Einklang mit der Strategie von ZenaTech, seine Expertise im Quantencomputing in den Bereichen KI-Drohnen und Unternehmens-SaaS auszubauen. Die Technologie wird komplexe Variablen wie die Verfügbarkeit der Mitarbeiter, Fähigkeiten, Vorschriften und Nachfrage verarbeiten, um optimale Planungsentscheidungen effizienter zu finden.
Der Markt für Quantencomputing wird voraussichtlich bis 2030 über 4 Milliarden US-Dollar erreichen und eine jährliche Wachstumsrate (CAGR) von über 30% aufweisen. Dies folgt auf die vorherige Quantencomputing-Initiative von ZenaTech, das Sky Traffic-Projekt, das sich auf KI-Drohnen und Drohnenschwärme zur Verkehrssteuerung, Wettervorhersage und Sicherheitsanwendungen konzentriert.
- Strategic expansion into quantum computing workforce management solutions
- Acquisition expected to close by January 2025
- Target market growing at 30% CAGR, projected to reach $4B by 2030
- Diversification of revenue streams through enterprise SaaS solutions
- Acquisition cost and terms not disclosed
- Integration timeline and costs not specified
- No immediate revenue impact details provided
Insights
This strategic acquisition marks a pivotal expansion into the high-growth quantum computing market, specifically targeting enterprise workforce optimization. The deal's timing is particularly noteworthy, as it positions ZenaTech to capture a share of the
The workforce scheduling software acquisition presents three key value drivers:
- Integration with existing AI drone operations could create unique synergies for comprehensive enterprise solutions
- Entry into the lucrative enterprise SaaS market with quantum-enhanced capabilities provides recurring revenue potential
- Focus on multinational corporations in healthcare, logistics and manufacturing sectors offers substantial scalability
The technology stack combination of quantum computing with workforce management addresses a critical market need - optimizing complex scheduling scenarios that traditional computing cannot efficiently solve. This positions ZenaTech ahead of competitors still relying on classical computing methods.
The strategic timing of this acquisition aligns with growing enterprise demand for quantum-powered solutions. With a relatively modest market cap of
Key market dynamics support this strategic pivot:
- Rising labor costs and workforce complexity are driving demand for advanced scheduling solutions
- Healthcare sector alone faces critical scheduling challenges with 24/7 operations and specialized staff requirements
- Manufacturing and logistics sectors are actively seeking quantum-powered solutions for supply chain optimization
While the acquisition price remains undisclosed, the company's focus on revenue-generating applications in established industries suggests a pragmatic approach to quantum computing commercialization, rather than purely research-focused development.
VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that it has signed an LOI (Letter of Intent) to acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. The software is intended to increase productivity for multinational companies with large and complex workforces and work scheduling challenges such as found in the healthcare, logistics and manufacturing sectors.
ZenaTech signed the LOI shortly before the end of the year. The Company anticipates closing on the acquisition before the end of January 2025.
“This acquisition is part of a larger strategy to expand our internal expertise developing applications using quantum computing across both AI drone and enterprise SaaS areas leveraging growing customer interest and revenue opportunities. The advantages of this technology for workforce management lies in the ability to process vast combinations of variables—from employee availability, skills, regulations, and demand— while in parallel, finding optimal scheduling solutions much faster and more efficiently for complex scenarios found in large companies,” said CEO Shaun Passley, Ph.D.
We plan to invest in building this specialized talent, establishing partnerships with academic and industry leaders, and integrating quantum technologies into our research and development to address specific business challenges,” said Dr. Passley.
Quantum computing is an emergent field of computer science harnessing the unique qualities of quantum mechanics to solve problems beyond the ability of even the most powerful classical computers of today, to process massively complicated mathematical problems and data at orders of magnitude faster speeds. The overall quantum computing market is growing rapidly, projected to reach over
Quantum computing is revolutionizing workforce management for multinational companies by tackling complex optimization problems with unprecedented efficiency for employee scheduling, allocating resources across global operations, predicting workforce demand through advanced analytics, and matching talent to roles based on skill patterns and performance data. These capabilities enable companies to streamline operations, reduce costs, and enhance decision-making, all while improving employee satisfaction through smarter scheduling and role assignments.
ZenaTech previously announced its entry into quantum computing with the Sky Traffic project where its subsidiary ZenaDrone will assign teams to work on applications utilizing this technology with AI drones and drone swarms for applications including traffic management, weather forecasting, and border control and perimeter security defense applications.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) is a technology company specializing in AI drones, Quantum Computing, Drone as a Service (DaaS), and enterprise SaaS 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, and the IQ Nano indoor drone is used for inventory management in the warehouse and logistics sectors.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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.
Forward-looking statements are based on certain assumptions and analyses made by the management of ZenaTech in light of its experience and understanding of historical trends and current conditions and other factors management believes are appropriate to consider, which are subject to risks and uncertainties. Although ZenaTech’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and actual results may vary materially from the forward-looking information presented. Given these risks and uncertainties underlying the assumptions made, prospective purchasers of ZenaTech’s securities should not place undue reliance on these forward-looking statements.
Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, ZenaTech undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors and to assess in advance the impact of each such factor on ZenaTech’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Potential investors should read this document with the understanding that ZenaTech’s actual future results may be materially different from what is currently anticipated.
FAQ
What is the purpose of ZenaTech's (ZENA) latest acquisition announced in January 2025?
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