Latest news with #ZenaDrone1000
Business Upturn
12-06-2025
- Business
- Business Upturn
ZenaTech's ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone's intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company's flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace. ZenaDrone's technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, 'Restoring American Airspace Sovereignty', has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand. Advertisement 'We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,' said Dr. Shaun Passley, CEO of ZenaTech. 'Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.' The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations. The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives. The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. 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 and security 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 [email protected] Investors: Michael Mason CORE IR [email protected] 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. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
12-06-2025
- Business
- Yahoo
ZenaTech's ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone's intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company's flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace. ZenaDrone's technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, 'Restoring American Airspace Sovereignty', has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand. 'We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,' said Dr. Shaun Passley, CEO of ZenaTech. 'Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.' The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations. The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives. The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. 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 and security 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@ Investors: Michael Mason CORE IR investors@ 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
20-05-2025
- Business
- Associated Press
ZenaTech's (Nasdaq: ZENA) DaaS Model, Strategic Acquisitions Drive 92% Revenue Growth in Q1
The commercial and military drone sectors are entering a high-growth phase, driven by rapid tech innovation and expanding use across industries. The global commercial drone market hit $30.02 billion in 2024 and is projected to grow at a 10.6% CAGR through 2030, per Grand View Research. Meanwhile, military drone spending is expected to more than double from $24.25 billion in 2025 to $56.69 billion by 2033, growing at 11.2% CAGR, according to Straits Research. With drones transforming agriculture, logistics, public safety, and defense, investors are scanning the skies for breakout players. ZenaTech (Nasdaq: ZENA) is an AI-driven drone and software company that is making strategic moves that position it as a rising force in this rapidly evolving sector. Diversified Drone Applications Fuel Growth ZenaTech has built a multi-vertical drone business through its subsidiary ZenaDrone, with solutions tailored for agriculture, infrastructure inspection, inventory management, public safety, and defense. The company's AI-powered drones — including the ZenaDrone 1000 and its IQ Nano and IQ Square models — serve both indoor and outdoor use cases, enabling everything from 3D mapping and barcode scanning to power line inspections and real-time surveillance. A key differentiator is ZenaTech's embrace of a Drone-as-a-Service (DaaS) model. Much like SaaS platforms or ride-hailing services, the company enables clients to access drones on a subscription or pay-per-use basis — no hardware purchases, pilots, or maintenance required. This recurring-revenue model lowers adoption barriers while providing scalable upside across multiple sectors and geographies. Poised to Capture Agricultural Sector Growth in Europe In early May, ZenaTech announced the opening of its European headquarters in Dublin, Ireland, a strategic move that places it near critical logistics infrastructure and opens access to high-growth EU markets. Europe's agricultural drone market is projected to grow from $4.6 billion in 2023 to over $43 billion by 2032, a staggering 28.6% CAGR. Farmers across the continent are adopting drone technologies for seeding, spraying, monitoring, and data collection. ZenaTech is targeting this growth with specialized DaaS offerings for precision agriculture, renewable energy, and construction. According to CEO Shaun Passley, Ph.D., 'our AI-powered drone solutions are designed to boost crop yields while reducing operational costs and provide smart, data-driven insights.' With favorable regulatory tailwinds and a continental focus on sustainability, ZenaTech is well-positioned to benefit from rising demand in this space. Launching Drone-Based Cleaning Services in Dubai One of the company's most strategically significant initiatives is its recent expansion into Dubai, where it is launching a drone-based exterior building cleaning service. Leveraging the IQ Square, a large-format drone equipped with tethered water and power lines, ZenaTech aims to tap into a fast-growing niche. Dubai's high-rise skyline, frequent sandstorms, and mandated cleaning standards create a natural use case for drone-enabled washing services. The global drone cleaning market is expected to triple from $4.36 billion in 2023 to $13.2 billion by 2030. As a first mover in this region, ZenaTech is looking to establish an early foothold in an emerging sector of urban infrastructure management. Advancing Defense and Proprietary Innovation ZenaTech is also developing its presence in defense, with its IQ Nano drone swarms designed for autonomous surveillance, RFID and barcode scanning, and battlefield logistics. These lightweight drones, available in compact 10x10 and 20x20-inch formats, are being tested for military and commercial use and are in the process of obtaining Blue UAS certification, enabling sales to U.S. government agencies. Vertical integration is another strength. Through its Taiwan-based Spider Vision Sensors subsidiary, ZenaTech has developed proprietary cameras that align with U.S. National Defense Authorization Act (NDAA) compliance requirements. Internal control over hardware development supports faster iteration and greater cost control across its product lines. Revenue Growth and Aggressive Scaling ZenaTech reported $1.13 million in Q1 2025 revenue, a 92% year-over-year increase. Much of this momentum stems from the DaaS segment, bolstered by a disciplined acquisition strategy. Recent purchases include Oregon's Weddle Surveying and Florida's KJM Land Surveying, both of which enhance its geospatial data and infrastructure services. In the enterprise software space, ZenaTech also acquired UK-based Othership, a SaaS workplace platform. The company has opened a drone testing facility in Turkey and expanded hiring in the UAE, Taiwan, and the United States to support R&D and manufacturing needs. While operating expenses rose meaningfully in the quarter, the company has signaled a long-term growth focus. Management also noted it is evaluating over 20 potential acquisitions within the next year, underscoring its ambitions to scale rapidly through both organic and inorganic strategies. Bottom Line As the global drone market accelerates, ZenaTech (Nasdaq: ZENA) is carving out a role as a nimble and diversified competitor. Its DaaS model enables recurring revenue and ease of customer adoption, while its international expansion, particularly into Europe and Dubai, offers near-term growth catalysts. With a strong product pipeline, proprietary innovations, strategic acquisitions, and accelerating revenue, ZenaTech may offer investors an intriguing early-stage opportunity in the broader drone Contact Company Name: RazorPitch Contact Person: Mark McKelvie Email: Send Email City: NAPLES State: Florida Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: ZenaTech's (Nasdaq: ZENA) DaaS Model, Strategic Acquisitions Drive 92% Revenue Growth in Q1
Toronto Star
19-05-2025
- Business
- Toronto Star
How a Toronto tech company is fusing AI with drones to change how we view the world
Heads up — drone technology is about to reshape your world. Though many are familiar with its gimmickier applications — aerial cameras, light shows — advancements in artificial intelligence and drone hardware are creating new uses that can save time, money and lives. 'I like to think of this as the post-World War II change in our society, where people went from growing our food and the bargaining system to where we are today,' says Shaun Passley, CEO of Toronto-based AI drone maker ZenaTech. 'That's now going to change dramatically into a different phase — something more sci-fi.' Founded in 2018, ZenaTech works with Fortune 500 companies deploying drones for tasks like indoor barcode tracking, military applications, emergency services for search and rescue, catching criminals and surveillance, farmers for precision agriculture and livestock management, municipalities for targeted aerial firefighting, and developers for land surveying and building inspection. ARTICLE CONTINUES BELOW Measuring seven by 13 feet, the company's latest product, the ZenaDrone 1000, is its largest, most powerful and most intelligent product yet, offering longer flight times and a carrying capacity of up to 40 kilograms. 'The first two production drones are off the production line, they're being tested, and we'll have another 10 coming out in April, and then we'll be doing a minimum of 10 drones per month,' Passley says. 'We're hoping to start doing demos for the U.S. Defense Department, with NATO, with Canada's Defence Department, with Canadian law enforcement, and with law enforcement around the world.' The Chicago-born entrepreneur says he began toying with tech as a youngster after his brother was gifted an Apple II computer that appealed more to the younger sibling. 'I knew who Steve Jobs was when I was eight,' Passley says. Business L'Oréal Canada CEO on how the 'lipstick effect' drives the 'essential' beauty business 'Sometimes people look at beauty as a little bit superficial,' says L'Oréal Canada CEO An Passley started working as a computer technician in high school, while saving for his first venture. Unlike his tech industry heroes like Jobs, Bill Gates, Michael Dell and Larry Ellison, who all dropped out of college, Passley went in the opposite direction. After earning a bachelor of science degree and a master's in information technology, Passley completed a one-year MBA, a masters in product development, a PhD in business leadership and a masters in intellectual property law. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW The Star spoke with Passley from the head office of ZenaDrone, ZenaTech's subsidiary in Phoenix, Arizona, about how drones are poised to revolutionize a range of industries and services, how it can help save time, money, and lives, and why he isn't concerned about tariffs — or an American invasion. How did you go from making software for teachers to making drones for the military? When I founded Epazz in 1999, colleges didn't have a lot of services online yet. Now you can easily register for classes, download the syllabus, upload your work, but those things weren't taking place. So, we created a course tool, and eventually a campus portal for colleges. The issue is it took me a year to develop it, and in 2000 the industry crashed; there was no capital, so there were no staff; it was just me. The good thing is I ended up with 100 per cent ownership, so I changed the campus portal into a business portal and was able to get a few clients and use the capital to acquire other companies. Business The long journey for a kid in the ball pit to top job at Ikea Canada Ikea Canada CEO and chief sustainability officer Selwyn Crittendon, says he was attracted to the I started to build Epazz through the acquisition of about 15 companies over the next 10 years. Then in 2017 we developed ZenaPay as a spinoff of Epazz. This was right before Canada legalized cannabis, and we created a software package that would facilitate transactions using a bitcoin wallet. As we talked to customers, we learned they were concerned about black market cannabis entering the Canadian market, and they wanted a way to track products from seed to store. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW We had a facial recognition software package that identifies key elements of a person's face, and we wanted to use the same concept on plants. The initial idea was to use the program to distinguish between male and female hemp plants, and we went to Ireland in 2019 to test it. The problem was we were using a third-party drone, which didn't have the sensors to adjust for Ireland's unique terrain. Where I grew up in Illinois the land is completely flat, but in Ireland they grow plants on the sides of mountains and in valleys, and it was raining multiple times a day. In addition, there's a lot of work that goes into learning how to fly a commercial drone, so it wasn't something a farmer could do on their own. That's where we came up with the concept for a drone that can scan different terrain and adjust automatically, without a human operator. Why start the company in Toronto? That had to do with the cannabis industry. Business 'It still blows me away.' Meet the accidental developer leading the charge of Toronto's massive city-within-a-city at Downsview With 400 acres to work with, Northcrest Developments CEO Derek Goring is 'excited about its Epazz was a public company, which means it's federally regulated, and cannabis is still illegal in the United States at the federal level, so we moved the entity to Canada. We have offices in the United States and around the world, but ZenaTech is registered and headquartered in Canada. We have 10 people in our Toronto head office and another small office in Vancouver, and we expect to hire another 20 or 30 in Canada in the next 12 months. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW How many employees do you have total? Over 100 in Canada, the United States, Ireland, Germany, Turkey, Taiwan, the UAE, and soon in India. We're hiring a lot more this year. What makes your drones unique? DJI is the primary competitor, and what they've done is brilliant in terms of software integration, but they're using a frame system with four motors that essentially hovers and moves like a helicopter. Ours is more of a vertical takeoff and landing (VTOL) system that transitions into a fixed-wing plane, and we can add more attachments, more cargo, and you can switch out sensors, so it's got a lot of potential applications. What are some of the primary applications? We have a drone that's 10 inches by 10 inches, the IQ Nano, used primarily for surveillance. Then we have one that's 20 by 20, and that's mostly for indoor inventory. We can use multiple drones at the same time indoors to do inventory faster, and what makes our system unique is that people can be present. Normally if you're doing drone inventory you need to shut down that section of the facility, but we have object avoidance sensors that let you operate as normal. And if one drone is low on battery it will fly back to the home station and another one will replace it and continue scanning. Then we have our ZenaDrone IQ Square, which is 41-by-41 inches, and that's mostly used for land surveys. Right now, land surveys are done with just a person and a stick and maybe a camera system, and it can take weeks or even months, so we can save customers thousands or even tens of thousands of dollars. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW We're also in the initial stages of using the technology for housing developments, so that our drones can generate construction progress reports, and even go indoors and create 3D maps of properties as they're being built. Using artificial intelligence, it could even do building inspection in the early stages of development. Then the ZenaDrone 1000, the production version is seven feet by 13 feet. It can scan farmland to determine which areas need to be treated and treat those areas. Business How a high-tech vertical farm in Ontario could help reduce our need for U.S. produce With indoor farms for leafy greens near Guelph, Montreal, Calgary and Halifax, GoodLeaf CEO Andy And right now, when you see a helicopter in an urban setting, hopefully in the next five years you'll see a drone instead, whether it's in law enforcement, conducting search and rescue operations transporting medical supplies, or putting out building or wildfires, which is one of our top use cases right now. Why's that? Right now, they're using airplanes and helicopters and basically eyeballing it. They fly low and slow over a wildfire, which is very dangerous, and we are working on a Drone swarm of 200 ZenaDrone 1000s that can carry as much water as a $35 million airplane for a fraction of the cost, can get lower to the ground and use sensors to target the hottest spots. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW What do you say to those who think this technology should not be used in law enforcement or military contexts? In the United States and Canada, I believe we defend our countries responsibly, and if drones replace humans so that they're not in the line of fire, we can save a life on our side. That makes war less harmful to our countries, and we're only working with NATO-allied countries. Business Bill Gates opens up about his obsessive tendencies, dropping acid — and his three-hour dinner with Donald Trump Gates's new memoir tells the story of a curious, intense child. 'At the time nobody was taking The same with police officers; if we can replace front line officers in dangerous situations with unmanned drones you can prevent the loss of life for police officers. We can also equip drones with less lethal ways of apprehending suspects and potentially save their lives as well. Many Canadians would say the two countries aren't as aligned as they used to be and may even fear military action across the border. The notion of Canada becoming the 51st state won't happen. It would be like adding another California and giving the Democrats tremendous political influence. We're non-partisan, personally and as a company, but I don't see this as a real threat or a long-term issue. What about tariffs? Has that created a challenge? We see ourselves as a helicopter replacement solution; a helicopter costs $5 million, and our ZenaDrone 1000 is $150,000 to $200,000. If you add another 25 per cent onto that — or 50 per cent, or 200 per cent — we're still saving our customers a tremendous amount of money.
Associated Press
10-04-2025
- Business
- Associated Press
ZenaTech Closes Miller Land Surveying Corporation, a Third Southeast Acquisition and a Fourth Nationally for the Drone as Service (DaaS) Rollout
VANCOUVER, British Columbia, April 10, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces the closing of its acquisition of Miller Land Surveying Corporation ('Miller') of Lake Worth, Florida, a land survey and mapping company with a 40 year history and deep portfolio of business customers in the Palm Beach County area of South Florida. This is ZenaTech's third acquisition in the Southeast region as part of a larger national roll-up strategy to disrupt the land survey industry by accelerating the use of drones for their speed and accuracy benefits. The acquisition also furthers the Company's national Drone as a Service, or DaaS, business rollout as the fourth US acquisition. 'Miller Land Surveying brings a wealth of experience and customer relationships as a second-generation company known across Palm Beach County for quality land surveys and mapping. Their pioneering team is well suited to helping us bring drone innovation to premium residential and business land surveys. This acquisition is another step towards our vision to create a national DaaS business, bringing AI drone efficiencies and precision to a variety of legacy business verticals and manual tasks,' said CEO Shaun Passley, Ph.D. ZenaTech's DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of service solutions from land surveys to power line inspections or power washing, made accessible and cost effective through an Uber-like business model on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks achieving superior results, such as for surveying, inspections, security and law enforcement, or precision farming applications, without having to buy, operate, or maintain the drones themselves. The DaaS business model offers customers such as government agencies, real estate developers, construction firms, farmers or energy companies reduced upfront costs as there is no need to purchase expensive drones, as well as convenience, as there is no need to manage maintenance and operation. The model also offers scalability to use more often or less often based on business needs and enables access to advanced drone technology sensors or attachments like spraying, without the need for specialized training. Accurate land surveys are essential for the planning, designing, and executing of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods. According to the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2030. This market is expanding at a CAGR of 15-20%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development. 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 and security 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 [email protected] Investors: Michael Mason 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.
