ZenaTech’s ZenaDrone Partners with Eagle Point Funding to Win US Defense Customers
ZenaTech (NASDAQ: ZENA) has formed a strategic partnership with Eagle Point Funding to pursue US defense contracts for its drone technology division, ZenaDrone. The partnership aims to leverage Eagle Point's expertise in R&D grant programs and defense agency relationships to advance ZenaDrone's position as a provider of American-made drone solutions.
Eagle Point specializes in securing non-dilutive federal R&D grants from agencies including the DoD, Air Force, Navy, and DARPA. ZenaDrone has already conducted successful paid trials with the US Air Force and Navy Reserve, demonstrating capabilities such as field delivery of critical supplies. The company's military drone portfolio includes the ZenaDrone 1000, IQ Nano, and IQ Square models, designed for various applications including surveillance, reconnaissance, and inventory management.
ZenaTech (NASDAQ: ZENA) ha stretto una partnership strategica con Eagle Point Funding per concorrere ai contratti della difesa statunitense con la sua divisione tecnologica di droni, ZenaDrone. La collaborazione punta a sfruttare l'esperienza di Eagle Point nei programmi di sovvenzioni per R&S e nelle relazioni con le agenzie della difesa per rafforzare la posizione di ZenaDrone come fornitore di soluzioni drone prodotte negli Stati Uniti.
Eagle Point è specializzata nell'ottenere sovvenzioni federali non diluitive per R&S da enti come il DoD, Air Force, Navy e DARPA. ZenaDrone ha già condotto prove a pagamento di successo con la US Air Force e la Navy Reserve, dimostrando capacità come la consegna sul campo di forniture critiche. Il portafoglio di droni militari dell'azienda include i modelli ZenaDrone 1000, IQ Nano e IQ Square, progettati per diverse applicazioni tra cui sorveglianza, ricognizione e gestione dell'inventario.
ZenaTech (NASDAQ: ZENA) ha formado una alianza estratégica con Eagle Point Funding para optar a contratos de defensa en EE.UU. para su división de tecnología de drones, ZenaDrone. La asociación busca aprovechar la experiencia de Eagle Point en programas de subvenciones para I+D y relaciones con agencias de defensa para fortalecer la posición de ZenaDrone como proveedor de soluciones de drones fabricadas en Estados Unidos.
Eagle Point se especializa en obtener subvenciones federales no dilutivas para I+D de agencias como el DoD, Air Force, Navy y DARPA. ZenaDrone ya ha realizado ensayos pagados exitosos con la US Air Force y Navy Reserve, demostrando capacidades como la entrega en campo de suministros críticos. El portafolio de drones militares de la compañía incluye los modelos ZenaDrone 1000, IQ Nano e IQ Square, diseñados para diversas aplicaciones como vigilancia, reconocimiento y gestión de inventarios.
ZenaTech (NASDAQ: ZENA)는 드론 기술 부문인 ZenaDrone을 위해 미국 방위 계약을 추진하기 위해 Eagle Point Funding과 전략적 파트너십을 체결했습니다. 이번 파트너십은 Eagle Point의 연구개발 보조금 프로그램 및 방위 기관과의 관계 전문성을 활용하여 ZenaDrone이 미국산 드론 솔루션 제공업체로서의 입지를 강화하는 것을 목표로 합니다.
Eagle Point는 국방부(DoD), 공군, 해군, DARPA 등 기관으로부터 비희석형 연방 연구개발 보조금을 확보하는 전문 기업입니다. ZenaDrone은 이미 미국 공군 및 해군 예비군과 유료 시험을 성공적으로 수행하여 중요한 물품의 현장 배송과 같은 능력을 입증했습니다. 회사의 군사용 드론 포트폴리오에는 감시, 정찰, 재고 관리 등 다양한 용도로 설계된 ZenaDrone 1000, IQ Nano, IQ Square 모델이 포함되어 있습니다.
ZenaTech (NASDAQ : ZENA) a noué un partenariat stratégique avec Eagle Point Funding pour candidater à des contrats de défense américains via sa division technologie drone, ZenaDrone. Ce partenariat vise à tirer parti de l'expertise d'Eagle Point en programmes de subventions R&D et relations avec les agences de défense pour renforcer la position de ZenaDrone en tant que fournisseur de solutions de drones fabriquées aux États-Unis.
Eagle Point est spécialisé dans l'obtention de subventions fédérales non dilutives pour la R&D auprès d'agences telles que le DoD, l'Air Force, la Navy et DARPA. ZenaDrone a déjà mené avec succès des essais rémunérés avec l'US Air Force et la Navy Reserve, démontrant des capacités telles que la livraison sur le terrain de fournitures critiques. Le portefeuille de drones militaires de la société comprend les modèles ZenaDrone 1000, IQ Nano et IQ Square, conçus pour diverses applications incluant la surveillance, la reconnaissance et la gestion des stocks.
ZenaTech (NASDAQ: ZENA) hat eine strategische Partnerschaft mit Eagle Point Funding geschlossen, um US-Verteidigungsverträge für seine Drohnentechnologie-Sparte ZenaDrone zu verfolgen. Die Partnerschaft zielt darauf ab, Eagle Points Expertise in F&E-Förderprogrammen und Beziehungen zu Verteidigungsbehörden zu nutzen, um ZenaDrones Position als Anbieter amerikanischer Drohnenlösungen zu stärken.
Eagle Point ist auf die Sicherung nicht verwässernder Bundes-F&E-Zuschüsse von Agenturen wie dem DoD, der Air Force, der Navy und DARPA spezialisiert. ZenaDrone hat bereits erfolgreiche bezahlte Tests mit der US Air Force und der Navy Reserve durchgeführt, bei denen Fähigkeiten wie die Feldlieferung kritischer Versorgungsgüter demonstriert wurden. Das militärische Drohnenportfolio des Unternehmens umfasst die Modelle ZenaDrone 1000, IQ Nano und IQ Square, die für verschiedene Anwendungen wie Überwachung, Aufklärung und Bestandsverwaltung entwickelt wurden.
- Strategic partnership enables access to non-dilutive federal R&D funding
- Previous successful paid trials with US Air Force and Navy Reserve demonstrate market validation
- Established product portfolio with multiple drone models for military applications
- Partnership accelerates product development without equity dilution
- Success dependent on winning competitive government contracts
- Long sales cycles typical in defense contracting
- Complex regulatory environment for defense contracts
Insights
ZenaTech's partnership with Eagle Point enhances access to defense contracts, leveraging previous military trials for potential revenue growth.
ZenaTech's strategic partnership with Eagle Point Funding marks a calculated move to penetrate the lucrative US defense market more effectively. The collaboration specifically targets non-dilutive federal R&D funding programs like SBIR, AFWERX, and DARPA initiatives—a smart financial strategy that could accelerate product development without sacrificing equity.
What makes this partnership particularly promising is ZenaDrone's existing track record with military clients. The company has already completed paid trials with the US Air Force and Navy Reserve, demonstrating crucial capabilities like field delivery of critical supplies. This established relationship provides a foundation that Eagle Point's expertise can build upon.
The company's drone portfolio is strategically diversified for defense applications, with the ZenaDrone 1000, IQ Nano, and IQ Square models covering multiple military use cases from surveillance to inventory management. This positions ZenaTech to address various defense procurement categories rather than competing in a single niche.
Eagle Point's specialized knowledge of complex defense procurement processes—notoriously difficult to navigate without insider expertise—could significantly accelerate ZenaTech's ability to convert initial contacts into sustainable contract revenue. For small-to-mid-sized defense technology providers, securing a reliable government procurement channel often represents the difference between sporadic growth and consistent, predictable revenue expansion.
VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that its subsidiary ZenaDrone has signed a strategic partnership agreement with Eagle Point Funding, a specialized consultancy for technology and defense-focused companies, to help win US defense contracts. By leveraging Eagle Point’s deep expertise in R&D grant program opportunities, the company will gain structured support in identifying and preparing competitive proposals, and in establishing and expanding relationships within key US defense and government agencies.
“Our collaboration with Eagle Point Funding will accelerate testing, pilot deployments, and enable long-term procurement discussions—helping ZenaDrone to advance as a key provider of American-made drone solutions,” said Shaun Passley, Ph.D., ZenaTech CEO. “Their expertise in navigating federal R&D funding programs such as SBIR and Department of Defense solicitations (DoD BAA), gives us a powerful advantage as we develop next-generation drone technologies aligned with US defense priorities. This partnership enhances our ability to accelerate product development, expand defense agency relationships, and unlock new growth without equity dilution.”
Eagle Point Funding helps technology companies secure non-dilutive federal R&D grants and contracts from agencies such as the DoD, Air Force, Navy, and others. They specialize in programs such as the Small Business Innovation Research (SBIR), Air Force Works (AFWERX), and the Defense Advanced Research Projects Agency (DARPA), guiding clients through the application process to win contracts.
ZenaDrone has previously completed paid trials with the US Air Force and Navy Reserve, demonstrating its ability to deliver solutions including delivery of critical supplies such as blood in the field. The companies’ suite of drones for military use includes the ZenaDrone 1000, the IQ Nano and the IQ Square drone that are designed for a variety of applications including inspections, surveillance, reconnaissance, and indoor inventory management for warehouses and armories.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a business technology solution provider 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, government, and industrial sectors, and drones being implemented in agriculture, defense, logistics and land survey sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and network in the US.
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, 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 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@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 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.
FAQ
What is the partnership between ZenaTech (NASDAQ: ZENA) and Eagle Point Funding?
What previous experience does ZenaTech have with US military contracts?
What types of drones does ZenaTech offer for military applications?
How will Eagle Point Funding help ZenaTech secure defense contracts?
What are the potential funding sources that ZenaTech can access through this partnership?
