Welcome to our dedicated page for ZenaTech news (Ticker: ZENA), a resource for investors and traders seeking the latest updates and insights on ZenaTech stock.
ZenaTech, Inc. (ZENA) specializes in AI-driven enterprise software and advanced drone solutions for sectors ranging from defense to industrial logistics. This page aggregates all company announcements, providing stakeholders with timely updates on financial performance, technological innovations, and strategic partnerships.
Access official press releases covering earnings reports, product launches, and corporate milestones. Our curated collection ensures investors and industry professionals stay informed about ZENA's cloud-based SaaS developments, quantum computing initiatives, and defense-compliant drone systems.
Key updates include regulatory filings, executive leadership changes, and details on emerging applications of ZENA's integrated hardware-software platforms. Bookmark this page for direct access to primary sources, avoiding third-party interpretations.
Regularly updated, this resource serves as a neutral hub for tracking ZENA's advancements in mission-critical technologies. Visit frequently to monitor how the company addresses evolving challenges in government contracting and industrial automation.
ZenaTech (NASDAQ: ZENA) has announced a strategic initiative combining quantum computing and AI-powered drones to combat wildfires in Western US states. The initiative, part of the Clear Sky project, utilizes ZenaDrone 1000 and drone fleets equipped with thermal sensors, multispectral imaging, and 360-degree LiDAR to monitor areas up to 300 square miles.
The company will leverage its Portland-based land survey office and Wyoming Native American partnership for testing fire mitigation and autonomous monitoring. ZenaTech plans to expand its Clear Sky project team to 20 engineers focused on wildfire modeling, geospatial optimization, and AI-augmented forecasting. The initiative aims to address the growing threat of billion-dollar weather disasters, which included 27 extreme weather events in the US last year.
ZenaTech (NASDAQ: ZENA) has provided an update on its "Clear Sky" project, which combines AI-powered drone swarms and quantum computing for enhanced weather forecasting. The company plans to expand its quantum computing team by adding 10 specialized engineers, bringing the total to 20, to accelerate the beta release of Clear Sky.
The project aims to address the rising frequency of extreme weather events, with 58 separate billion-dollar weather disasters recorded globally in 2024, including 27 in the US. These events caused approximately $417 billion in global losses. The technology utilizes autonomous drones equipped with advanced sensors to collect real-time atmospheric data, measuring variables like temperature, humidity, wind speed, and pressure in hard-to-reach areas.
ZenaTech (NASDAQ: ZENA) has completed its fifth US acquisition, purchasing Laventure & Associates, a Florida-based land surveying and mapping firm. This strategic acquisition enhances ZenaTech's Drone as a Service (DaaS) capabilities by adding powerline inspection expertise to its portfolio. The global drone power line inspection market, valued at $26.66 billion in 2024, is projected to reach $323.8 billion by 2032, with a CAGR of 36.63%.
The company plans to integrate its ZenaDrone 1000 and IQ series autonomous drones with Laventure's expertise to provide efficient, subscription-based drone services. This acquisition is part of ZenaTech's broader strategy to acquire and integrate up to 20 additional companies over the next 12 months, strengthening its presence in Florida and expanding its DaaS offerings.
ZenaTech (NASDAQ: ZENA) has made an offer to acquire a Florida-based land survey engineering firm, marking its fourth acquisition in the Southeast region and fifth nationally. This strategic move aims to enhance the company's Drone as a Service (DaaS) presence in Florida's high-growth market. The acquisition would complement ZenaTech's recent land survey company purchase, enabling faster and more precise drone-powered surveys for construction, real estate, and government customers.
The company is capitalizing on the global drone survey market's 19% annual growth by offering subscription-based drone services. ZenaTech's DaaS model eliminates the need for customers to purchase and maintain expensive drone hardware, providing cost-effective solutions for tasks like surveying, inspections, security, and precision agriculture.
ZenaTech (NASDAQ: ZENA) reported strong Q1 2025 financial results, with total revenues reaching $1.13 million, a 92% increase from Q1 2024's $591,379. The growth was driven by acquisitions and organic expansion across software and drone segments. The company launched its Drone as a Service (DaaS) segment through acquisitions of Weddle Surveying and KJM Land Surveying, while signing five additional LOIs.
The company acquired Othership, a UK workplace management software firm, to enhance its enterprise SaaS segment. However, general and administrative expenses increased significantly to $5.75 million in Q1 2025 from $0.7 million in Q1 2024 due to investments in growth initiatives. ZenaTech expanded its UAE manufacturing capabilities, opened a drone testing facility in Turkey, and advanced development of its ZenaDrone 1000 and IQ Square drones while pursuing US Military certifications.