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Cision Canada
16 minutes ago
- Cision Canada
Drone as a Service Market Disrupting Both Government & Commercial Sectors While Experiencing Exponential Growth
NEW YORK, Aug. 7, 2025 /CNW/ -- The Drone as a Service (DaaS) market, encompassing both government and commercial sectors, is experiencing rapid growth, driven by technological advancements, evolving regulatory frameworks, and increasing demand for efficient and cost-effective aerial solutions across various industries. According to an article published by Verified Market Reports, "The market is characterized by its flexibility and scalability, allowing companies to utilize drone capabilities for specific tasks such as surveying, monitoring, and data collection. Industries such as agriculture, construction, logistics, and environmental management are harnessing the benefits of drone services to enhance operational efficiency and reduce costs. The global DaaS market is expected to grow at a compound annual growth rate (CAGR) of around 25% from 2023 to 2030, according to various industry reports. An important aspect of the DaaS market is data analytics, which plays a crucial role in transforming raw drone-captured data into actionable insights. By utilizing advanced analytics tools, businesses can make informed decisions based on the data collected through aerial surveys and inspections. This not only enhances productivity but also provides a competitive edge in industries that rely heavily on precise data for planning and execution. The applications of Drone-as-a-Service span multiple industries, showcasing its versatility. In agriculture, drones are used for crop monitoring and precision farming, while in construction, they facilitate site surveys and project management. Additionally, in logistics, drones are increasingly employed for last-mile delivery solutions, reflecting the growing trend towards automated and efficient supply chains. The adoption of DaaS is expected to continue expanding as organizations recognize the value of integrating aerial services into their operations." Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), Joby Aviation, Inc. (NYSE: JOBY), L3Harris Technologies (NYSE: LHX). The DaaS market is poised for continued strong growth, fueled demand across a widening range of applications. This expansion is driven by technological advancements, favorable regulations, cost-effectiveness, and the need for efficient and scalable aerial solutions in a rapidly evolving technological landscape. Research and Markets added: "This innovative model is not confined to specific industries; it is rapidly permeating virtually every use case, application, and solution across a wide spectrum of sectors. The realm of drones is no exception. We are witnessing "Drones-as-a-Service" (DaaS) gaining significant traction as an outsourced solution for enhancing operational efficiency in numerous industries. A prime example, particularly highlighted by recent global events, is package delivery, which is anticipated to be a key market for drone-based services. This trend is not a fleeting phenomenon. Certain leading industries, such as AgriTech, are poised to become major investment areas for Unmanned Aerial Vehicles (UAVs), commonly known as drones. The integration of the Internet of Things (IoT) in agriculture will increasingly involve a sophisticated interplay of robots, drones, remote sensors, and computer imaging." ZenaTech (NASDAQ:ZENA) Acquires Cardinal Civil Resources, a Virginia-Based Land Surveying and Engineering Firm Serving Three States and Large Customers Including US Department of Transportation - ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI-powered drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the closing of its eighth and largest Drone as a Service acquisition to date. The Company acquired Cardinal Civil Resources, a land surveying and engineering firm headquartered in Williamsburg, Virginia with operations across Virginia, North Carolina and South Carolina. The acquisition deepens ZenaTech's DaaS footprint in the Southeast region and portfolio of marquee major customers including the US Department of Transportation (USDOT). The acquisition also comes at a pivotal time for the domestic drone industry, aligning with the recent policy directive BVLOS (Beyond Visual Line of Sight) proposal introduced by US Transportation Secretary Sean P. Duffy, aimed at expanding the commercial use of unmanned systems nationwide. Founded in 2010 by a land survey and engineering industry veteran, Cardinal Civil Resources has earned a strong reputation for delivering complex survey and mapping projects for USDOT and other federal agencies, and for state agencies, municipalities and prominent city customers. Cardinal's commercial portfolio includes a large national homebuilder as well as custom residential developers, large-scale multi-unit builders, airport hangars, and the US National Park Service, reflecting the breadth of its operations and depth of trusted client relationships. "This eighth acquisition not only further expands our national footprint, but it connects us to a deeply rooted base of premier long-term government and commercial clients," said Shaun Passley, Ph.D., ZenaTech CEO. "Cardinal's trusted relationships, from transportation agencies to nationally recognized homebuilders, provides a solid foundation to scale Drone as a Service in the Southeast. With the proposed BVLOS rule just introduced by the US Transportation Secretary and growing national momentum around domestic infrastructure modernization, we believe ZenaTech's DaaS is well-positioned to lead where innovation meets demand." Cardinal Civil Resources enhances ZenaTech's DaaS capabilities in the following key areas: Established Southeast Operations and immediate entry into high-growth markets across Virginia, North Carolina, and South Carolina, regions with sustained infrastructure investment and public contracting activity Multi-year Government Contracts with federal, state, and key local municipalities, which provides stable, long-term revenue and deepens the company's expertise in public-sector projects Commercial/Builder Client Base, which spans national homebuilders, residential developers, airport facilities, and park services opens new verticals for scalable Drone as a Service deployment US Transportation Secretary Sean Duffy's August 5 proposed rule to expand Beyond Visual Line of Sight (BVLOS) operations removes the need for case-by-case waivers, replacing them with a streamlined, standardized framework. This change unlocks wider drone use for many government land and road projects. The Company believes the Cardinal acquisition is perfectly timed, leveraging ZenaDrone's advanced drone technology with Cardinal's proven surveying expertise to deliver faster, efficient, safer and more precise results for government projects particularly with larger areas to survey or for remote and inaccessible terrains suited to a BVLOS drone. ZenaTech has now completed eight US acquisitions toward its goal of acquiring and establishing 25 Drone as a Service locations nationwide by mid-next year. The company's DaaS model provides flexible, on-demand access to drone services for surveying, inspections, automation, and more, eliminating the need for customers to invest in drone hardware and software, pilots, maintenance, or regulatory compliance. The company is acquiring land survey engineering companies and other businesses ripe for innovation, to advance its national vision for a scalable, tech-enabled multiservice drone business anchored by existing customers and recurring revenue opportunities. Continued… Read this full release and additional news for ZENA by visiting: Other developments in the drone/UAV & Military industries include: Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a technology company in Defense, National Security and Global Markets, and hiSky, a leading provider of industrial satellite communications solutions, recently announced a partnership that will enable the delivery of hiSky satellite network services, including Industrial Internet of Things (IoT) as a fully orchestrated capability using Kratos' OpenSpace® dynamic, software-defined ground system. The partnership will allow satellite and other communications network operators to offer IoT connectivity services to their commercial and government customers, taking advantage of the scale, economics and operational benefits of a modern, cloud-enabled network architecture. According to ABI Research, the global IoT market for supply-side software and service revenue will grow in value from US$277 billion in 2024 to US$606 billion by 2030, and that IoT will play an increasing role in all industries. Satellite connectivity can contribute mightily to this growth with its ability to reach remote, mobile, disaster-affected and other unconnected environments. The partnership between Kratos and hiSky will advance this capability by enabling IoT services employing virtual and cloud-native network architectures, thereby reducing costs and greatly increasing scalability and service flexibility. EHang Holdings Limited (NASDAQ: EH), the world's leading urban air mobility ("UAM") technology platform company, recently announced that its VT20 series logistics electric vertical takeoff and landing aircraft ("eVTOL") has successfully completed an intercity round trip cargo delivery flights between Zhuhai and Guangzhou, which is a groundbreaking long-range unmanned aerial vehicle ("UAV") cargo flight route in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA"). The one-way flight covered a distance of 83 kilometers and lasted approximately 55 minutes, significantly enhancing logistics efficiency between Guangzhou and Zhuhai, saving up to 40 minutes compared to road transport and over an hour during peak congestion. Juan Li, Director of the Zhuhai Wanshan District Administrative Committee, stated, "The low-altitude economy is emerging as a strategic focal point for the next wave of industrial development. Wanshan District is accelerating efforts to build up a national leading demonstration zone for integrated low-altitude applications in island regions. We're building maritime infrastructure, expanding aerial corridors and low-altitude network across the GBA. We're also actively exploring diversified scenarios such as aerial tourism, marine ranching, and unmanned island operations to drive innovation and empower sustainable development in Wanshan." Joby Aviation, Inc. (NYSE: JOBY) and L3Harris Technologies (NYSE: LHX) recently announced they are exploring opportunities to develop a new aircraft class for defense applications. The gas turbine hybrid vertical take-off and landing (VTOL) aircraft is designed for low-altitude missions and offers the versatility of being optionally piloted, enabling both crewed and fully autonomous operations. The collaboration leverages Joby's existing commercial aircraft development program and leading manufacturing capabilities, combined with L3Harris' proven expertise on platform missionization including sensors, effectors, communication and collaborative autonomy. Flight testing is expected to start this fall with the companies planning to perform operational demonstrations during government exercises in 2026. "The next-generation of vertical lift technology enables long-range, crewed-uncrewed teaming for a range of missions," said Jon Rambeau, President, Integrated Mission Systems, L3Harris. "We share a vision with Joby to deliver urgently-required innovation by missionizing VTOL aircraft for defense needs." DISCLAIMER: (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU'S market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements. Contact Information:
Toronto Star
an hour ago
- Toronto Star
GoldHaven Announces Refiling of 43-101 Technical Report on Copeçal Project
VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — GoldHaven Resources Corp. ('GoldHaven' or the 'Company') (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to announce, further to its news release dated May 16, 2025, the refiling of an independent technical report for its Copeçal Project prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The technical report, titled 'Technical Report on the Geology, Mineralization and Exploration of the Copeçal Gold Project, Mato Grosso State, Northwestern Brazil' and with an effective date of May 29, 2025 can be found on the Company's SEDAR+ profile at and on the Company's website here. Key Highlights: Strategically Located in Tier-One Mining Jurisdiction The Copeçal Gold Project spans 3,681.76 hectares across two contiguous exploration permits in northern Mato Grosso, Brazil. The property benefits from inclusion in the 'Legal Amazonia' zone, offering tax incentives and access to robust infrastructure. The site is within 60 km of Alta Floresta, a regional hub with daily commercial flights and established mining services and is connected via well-maintained roadways and hydroelectric power. These attributes provide a solid foundation for cost-effective exploration and future development. Figure 1: Map of Brazil highlighting the Copeçal Gold Project's location in the state of Mato Grosso ARTICLE CONTINUES BELOW 100% Ownership Through Recent Strategic Acquisition In January 2025, GoldHaven acquired the Copeçal Project via a three-cornered amalgamation with Boa Gold Corp., consolidating full ownership of the mineral rights through its Brazilian subsidiary, Ouro Resources Do Brasil Ltda. The acquisition included two key exploration permits originally explored by AngloGold Ashanti, securing GoldHaven's position in one of Brazil's most prospective gold belts. Geological Setting Favourable for Orogenic Gold Systems The Copeçal Project is situated within the Juruena Magmatic Arc, a Paleoproterozoic geological structure that has historically yielded significant gold discoveries. The property is hosted in a 20 km-wide sinistral shear corridor—a structural setting strongly associated with orogenic gold deposits. Ground magnetometry and soil geochemistry confirm the presence of multiple shear-related gold-bearing structures, indicating strong potential for mesozonal, shear zone-hosted mineralization. Figure 2: Location of the Copeçal Gold Project within the prolific Juruena Gold Belt Historic Exploration by AngloGold Ashanti Defines Key Targets Between 2010 and 2016, AngloGold Ashanti conducted extensive early-stage exploration, including soil and stream sediment geochemistry, auger and air core drilling, and ground geophysical surveys. This work identified two major soil anomalies and a cluster of 13 auger drill holes with consistent gold values exceeding 15 ppb Au—interpreted as indicators of primary mineralization. Despite encouraging results, follow-up was limited, leaving significant upside potential for further discovery. Figure 3: Geological grid base map (top map) and AngloGold soil samples (contoured above 6ppb (bottom map) Path Forward: Defined Targets and Efficient Exploration Strategy GoldHaven is in the process of refining exploration targets through additional drone magnetometry and auger drilling. The SW-I, SW-II, and SW-III auger clusters represent priority drill targets, with structural and geochemical alignment supporting potential for gold mineralization. A two-phase exploration program was recommended, beginning with soil and auger infill sampling and shallow drilling. Following the completion of the drone geophysical survey and auger sample assay interpretation the Company will prepare for its maiden drill program. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Figure 4: Auger Drilling program completed 15 reconnaissance holes targeting geochemical – structural targets projected towards the south-east from the western anomaly Figure 5: Auger Drilling program completed 92 Auger holes which systematically covered the main area of the east anomaly on a 100m x 50m grid Qualified Person The scientific and technical information disclosed in this document has been reviewed and approved by Jean-Marc Lopez, FAusIMM, a Qualified Person consistent with NI 43-101. About GoldHaven Resources Corp. GoldHaven Resources Corp. is a Canadian junior exploration Company focused on acquiring and exploring highly prospective land packages in North and South America. The Company's projects include (i) the flagship Magno Project, a district-scale polymetallic property adjacent to the historic Cassiar mining district in British Columbia; (ii) the Three Guardsman Project, which exhibits significant potential for copper and gold-skarn mineralization; (iii) the Copeçal Gold Project, a drill-ready gold project located in Mato Grosso, Brazil with a 6km strike of anomalous gold in soil samples; and (iv) three critical mineral projects with extensive tenement packages totaling 123,900 hectares: Bahia South, Bahia North and Iguatu projects located in Brazil. On Behalf of the Board of Directors Rob Birmingham, Chief Executive Officer For further information, please contact: Rob Birmingham, CEO info@ Office Direct: (604) 629-8254 Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE- Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward Looking Information This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'anticipate', 'expects' and similar expressions. All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, future development, including preparation for the Company's maiden drill program at the Copeçal Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to market conditions and the risks detailed from time to time in the filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Photos accompanying this announcement are available at
Toronto Star
an hour ago
- Toronto Star
PharmAla Delivers MDMA to Merhavim Mental Health Centre Clinical Trial in Exchange for Full Data License
TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — PharmAla Biotech Holdings Inc. ('PharmAla' or the 'Company') (CSE: MDMA) (OTC:MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), is pleased to announce that it has completed customs clearance and delivery of over 500 capsules of the company's LaNeo 40mg MDMA to Merhavim Mental Health Centre of Beer Yaakov, Israel ('Merhavim'). 'We believe that this delivery sets a precedent in terms of the innovative terms agreed-to with Merhavim – terms that allows researchers to explore new and complex mental health indications with less financial risk while allowing PharmAla to develop important intellectual property in a cost-effective manner,' said Nick Kadysh, CEO of PharmAla Biotech. 'However it also continues to show PharmAla's ability to work rapidly on behalf of our clients, with just 6 months between execution and delivery of the shipment – even with complexity in not only cross-border trade and tariff pressure, but also a significant conflict in the region.'
