ZenaTech finalizes third-gen drone design for US markets

ZenaTech, Inc., a prepackaged software services company with a current market capitalization of $79.1 million, has completed the design and production model of its third-generation ZenaDrone 1000, tailored for the US defense and commercial sectors. The announcement was part of a current event report filed with the SEC on March 13, 2025, based on a press release statement. The company’s stock has shown remarkable momentum, surging over 50% in the past week, according to InvestingPro data.

The ZenaDrone 1000 is set to cater to the specific needs of the US defense and commercial markets, marking a significant milestone for ZenaTech. While the company’s advancement in drone technology continues with the ZenaDrone 1000’s finalization, financial metrics from InvestingPro indicate the company is still working toward profitability, with negative earnings of $0.03 per share over the last twelve months. The platform offers 8 additional key insights about ZenaTech’s financial health and market position.

In addition to the ZenaDrone 1000, ZenaTech has also progressed its IQ Square Drone to the manufacturing stage. This drone is designed for outdoor applications, including inspections, surveys, and the burgeoning power washing sector, demonstrating ZenaTech’s diversification within the drone market.

Moreover, ZenaTech’s operations have been positively impacted by new tariffs on Chinese imports, which have also benefitted its commercial and defense customer bases. As trade tensions adjust the competitive landscape, ZenaTech’s products are becoming more appealing to markets seeking alternatives to Chinese-made drones.

The company’s global reach is expanding, with its Taiwan subsidiary actively developing partnerships to penetrate East Asia’s fast-growing defense and commercial drone markets. These strategic moves underscore ZenaTech’s commitment to establishing a strong presence in international markets.

Furthering its expansion strategy, ZenaTech has signed a Letter of Intent (LOI) to acquire its sixth land survey company in Arizona, marking its first venture into the Southwest region for its Drone as a Service (DaaS) offerings. This acquisition is poised to enhance the company’s service capabilities and geographical footprint.

ZenaTech’s CEO, Shaun Passley, Ph.D., has signed off on the report, underscoring the company’s compliance with the Securities Exchange Act of 1934. The details of these developments reflect ZenaTech’s ongoing efforts to innovate and grow within the highly competitive drone industry.

In other recent news, ZenaTech, Inc. has announced plans to acquire an Arizona-based land survey engineering company, marking its first venture into the Southwest Region. This acquisition aims to expand ZenaTech’s Drone as a Service (DaaS) business model by leveraging Arizona’s favorable regulatory environment for drone companies. Additionally, ZenaTech is expanding its Taiwan subsidiary, Spider Vision Sensors, to strengthen its presence in the East Asian drone markets, focusing on the government defense and commercial sectors. This expansion includes hiring new personnel and partnerships with local component manufacturers to meet U.S. military compliance requirements.

ZenaTech has also reported successful initial testing results for its Quantum Computing Sky Traffic project, which utilizes AI and quantum computing for advanced applications in traffic management and weather forecasting. The company is planning to hire additional quantum, AI, and hardware engineers to support this initiative. In another development, ZenaTech will begin testing a new high-density battery for its ZenaDrone 1000 model, developed by Galaxy Batteries Inc., to enhance flight time and payload capacity. These tests are part of ZenaTech’s efforts to become a Blue UAS-certified supplier to U.S. defense branches.

ZenaTech’s CEO, Shaun Passley, Ph.D., has emphasized the strategic importance of these initiatives in advancing the company’s technological capabilities and expanding its market reach. The company’s commitment to complying with the U.S. National Defense Authorization Act (NDAA) is crucial for its business with the U.S. Military, as demonstrated by previous paid trials with the U.S. Air Force and Navy. These developments reflect ZenaTech’s ongoing efforts to enhance its product offerings and supply chain resilience in the competitive global drone market.

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