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ZenaTech Continues International Expansion Opening New Offices in South Korea and the United Kingdom

(Positive)
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ZenaTech (Nasdaq: ZENA) announced on April 21, 2026 the opening of new offices in Seoul, South Korea and London, UK to expand APAC and EMEA presence. The offices will support ZenaDrone, Drone as a Service (DaaS), Enterprise SaaS and Othership operations, aiming to scale international sales, regional execution, and recurring revenue.

Seoul will serve as an APAC hub complementing Taiwan operations; London will house EMEA teams and Othership, targeting commercial, government and defense markets.

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Positive

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Negative

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News Market Reaction – ZENA

-0.97% 1.8x vol
48 alerts
-0.97% Session close to close
+10.9% Peak in 7 hr 37 min
$134.86M Market Cap
1.8x Rel. Volume

In the Apr 21 session, ZENA declined 0.97%, reflecting a mild negative market reaction. Argus tracked a peak move of +10.9% during that session. Our momentum scanner triggered 48 alerts that day, indicating elevated trading interest and price volatility. Trading volume was above average at 1.8x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds new Seoul and London offices to ZenaTech’s recent Ukraine and DaaS network bu...
Analysis

This announcement adds new Seoul and London offices to ZenaTech’s recent Ukraine and DaaS network buildout, signaling an emphasis on global scale for its AI drone and SaaS offerings. Historically, multiple positive operational updates have shown uneven short-term price responses, so execution on customer wins and recurring revenue growth remains key. The effective F-3 shelf for up to $250,000,000 in securities provides financing flexibility, making future capital-raising activity and integration progress important metrics to monitor.

Key Figures

Shelf registration capacity: $250,000,000 Public float: $157,224,027 Enterprise software revenue: $2,170,876 +3 more
6 metrics
Shelf registration capacity $250,000,000 Amended Form F-3 shelf, prospectus dated February 20, 2026
Public float $157,224,027 As of January 22, 2026 per F-3 prospectus
Enterprise software revenue $2,170,876 Nine months ended September 30, 2025
Drone services revenue $5,511,848 Nine months ended September 30, 2025
Capital expenditures $6,105,573 Nine months ended September 30, 2025
Royalty rate to Epazz 5% Reduced royalty payable in preferred shares

Historical Context

5 past events · Latest: Apr 16 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 16 Defense marketing push Positive -0.5% ZenaDrone to showcase AI defense drones at multiple U.S. tradeshows.
Apr 14 SaaS acquisition Positive -3.2% Completed NOW Solutions asset acquisition, expanding public-sector SaaS customers.
Apr 09 DaaS acquisition Positive -3.2% Announced 21st acquisition, adding a Pacific Northwest DaaS location network.
Apr 07 Ukraine test facility Positive -4.8% Initiated plans for Ukraine drone testing facility for interceptor validation.
Apr 02 Ukraine manufacturing Positive +9.8% Started Ukraine manufacturing hub for Interceptor P‑1 counter‑UAS systems.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive operational and acquisition news often saw negative next-day moves, with 4 of the last 5 updates trading lower despite constructive headlines.

Recent Company History

Over the past month, ZenaTech has reported multiple growth initiatives, including Ukraine manufacturing and testing for its Interceptor P-1 systems, a Pacific Northwest DaaS acquisition expanding its 24-location network, and completion of the NOW Solutions acquisition to bolster Enterprise SaaS recurring revenue. It also promoted ZenaDrone at several U.S. defense tradeshows. Despite these expansionary steps, most announcements were followed by modest to sharp single-day price declines, making today’s international office openings another step in a broader global buildout trend.

Key Terms

drone as a service, saas, quantum computing, apac, +1 more
5 terms
drone as a service technical
"technology solution provider specializing in AI ... Drone as a Service (DaaS), enterprise SaaS"
Drone as a service (DaaS) is a business model where companies provide drone flights, sensors, data collection and analysis on a subscription or contract basis instead of selling the aircraft outright. For investors it matters because DaaS can create recurring revenue and scalable service margins like a rented contractor or utility, while concentrating risks around regulation, data security and operational reliability that can affect future cash flow and growth.
saas technical
"Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions"
SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.
quantum computing technical
"enterprise SaaS, and Quantum Computing solutions, today announces it has opened"
Quantum computing is a type of advanced technology that uses the principles of quantum physics to perform calculations much faster than traditional computers. It can process vast amounts of information simultaneously, potentially solving complex problems that are currently impossible or take too long with regular computers. For investors, this technology could lead to breakthroughs in areas like cryptography, data analysis, and optimization, impacting financial markets and security systems.
apac technical
"access to customers in the APAC and EMEA regions and are intended to support"
APAC stands for the Asia‑Pacific region, the group of countries in East, South and Southeast Asia plus Oceania. For investors, APAC describes a geographic market with its own growth trends, consumer behaviors and rules — like a different neighborhood with distinct shops and regulations — so exposure to APAC affects revenue potential, currency and political risk, and portfolio diversification.
emea technical
"access to customers in the APAC and EMEA regions and are intended to support"
EMEA stands for Europe, the Middle East, and Africa, a large geographical region that includes many different countries and markets. For investors, understanding EMEA is important because it represents a diverse area where businesses operate and grow, influencing global economic trends and investment opportunities. Analyzing this region helps investors make informed decisions about where to allocate resources worldwide.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, British Columbia, April 21, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces it has opened two new offices: one in Seoul, South Korea, and one in London, UK. These new offices expand the company’s international presence and create access to customers in the APAC and EMEA regions and are intended to support the company’s ZenaDrone solutions, Drone as a Service offerings, and Enterprise SaaS business areas and future revenue growth. The new offices expand the company’s global footprint, enabling the delivery of AI autonomous drone solutions and services at scale across commercial, government, and defense markets amid today’s accelerating global demand.

“Expanding our footprint in international markets with strong momentum is a core pillar of our long-term growth strategy,” said ZenaTech CEO Shaun Passley, Ph.D. “As we expand our presence across multiple targeted countries, we gain access to those markets that are actively creating regulatory and commercial advantages for drone companies, strengthening our ability to execute locally while expanding global revenue opportunities. These new offices position us for accelerated entry into commercial, government, and defense markets and scale our autonomous AI drone solutions across important international regions.”

ZenaTech’s Seoul office will serve as a second strategic hub in the APAC region, housing operations, business development, marketing and corporate development teams supporting ZenaDrone and Drone as a Service business. This builds on the company’s existing Spider Vision Sensors manufacturing facility and business development teams in Taiwan. South Korea represents a high-value market for autonomous drone solutions, driven by advanced digital infrastructure, strong government investment in smart cities and robotics, and increasing adoption of unmanned systems across logistics, manufacturing, public safety, and mission-critical applications. Teams will help support regional execution, strengthen partnerships, and drive DaaS expansion across APAC.

The London office houses ZenaTech’s workplace software SaaS company, Othership, and its EMEA operations teams supporting ZenaDrone, DaaS and Enterprise SaaS business offerings, as well as its EMEA headquarters teams in Dublin, Ireland. Functional teams working out of this office include product management, sales, marketing, and creative services. London provides direct access to many global enterprises and headquarters, government stakeholders, and public sector organizations, positioning ZenaTech’s brands to accelerate adoption and growth across commercial and government-driven applications.

With these additions, ZenaTech is accelerating the buildout of a globally distributed operating platform designed to support scalable and high-margin growth of its ZenaDrone and Drone as a Service (DaaS) AI autonomous offerings across priority international markets. The establishment of on-the-ground teams in Seoul and London positions the company to deepen local market penetration, strengthen customer engagement, and drive execution closer to end users. These investments enhance ZenaTech’s ability to capture global demand, expand recurring revenue streams, and create long-term shareholder value through disciplined international expansion.

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 applications for business, government, and defense. 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, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.

About ZenaDrone

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous 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 surveying, monitoring, inspection, tracking, process automation, and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications 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, the IQ Square is an outdoor drone designed for power washing and inspections use in commercial and government sectors, and the IQ Quad is for land surveys.

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, IQ Square and IQ Nano; ZenaTech’s ability to develop products for markets as currently contemplated; 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 and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors” ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎


FAQ

Why did ZenaTech (ZENA) open offices in Seoul and London on April 21, 2026?

ZenaTech opened offices to expand APAC and EMEA market access and support ZenaDrone and DaaS growth. According to the company, the offices enable local execution, stronger partnerships, and closer engagement with commercial, government and defense customers to drive recurring revenue expansion.

What will ZenaTech's Seoul office do for ZENA's APAC strategy?

The Seoul office will act as a strategic APAC hub supporting operations, business development, and marketing for ZenaDrone and DaaS. According to the company, it complements Taiwan manufacturing and aims to accelerate regional DaaS expansion and partnerships across logistics, smart cities, and public safety.

How does the London office support ZenaTech (ZENA) and Othership in EMEA?

London will house EMEA operations, product management, sales, marketing and creative teams and host Othership workplace software. According to the company, the office provides direct access to enterprises and public-sector stakeholders to accelerate SaaS and drone adoption across EMEA markets.

Will ZenaTech's new offices affect ZENA's ability to sell autonomous drone solutions?

The company expects the offices to improve local market penetration and customer engagement for autonomous AI drone offerings. According to the company, on-the-ground teams in Seoul and London are intended to support scalable delivery and drive adoption across commercial, government and defense sectors.

Does ZenaTech (ZENA) already have regional operations in Asia before the Seoul office?

Yes, ZenaTech maintains a Spider Vision Sensors manufacturing facility and business development teams in Taiwan. According to the company, the Seoul office builds on that presence to form a second APAC hub focused on operations, business development and DaaS expansion.