$ZENA

ZenaTech (ZENA) has been qualified as a supplier under Canada's Defence Drone Initiative (DDI) Marketplace, allowing it to compete for future defence and security drone contracts. The company's ZenaDrone subsidiary offers autonomous drone solutions for surveillance, reconnaissance, and logistics. ZenaTech operates globally and is expanding its manufacturing facilities.

ZenaTech's subsidiary ZenaDrone has advanced its quantum navigation system for drones to the testing phase. The system is designed for GPS-denied environments and is being tested on the IQ Nano indoor drone. Initial tests focus on navigation accuracy and reliability, with plans to expand to the ZenaDrone 1000 and other platforms. The technology aims to provide redundant navigation for defense and commercial applications, according to the company.

The global military drone market is projected to grow from $14.14B in 2023 to $47.16B by 2032, with North America holding 36.1% of the market. The U.S. market alone is expected to reach $10.71B by 2030. ZenaTech (ZENA) was selected for Canada's Defence Drone Initiative, expanding its opportunities in autonomous drone solutions. Other companies like Safe Pro Group (SPAI), Quantum Cyber (QUCY), and AgEagle (UAVS) are also advancing in the drone and counter-drone sectors.

ZenaTech (Nasdaq: ZENA) has been selected as a qualified supplier for Canada's Defence Drone Initiative Marketplace. This positions the company to compete for future defense and security drone contracts with the Canadian Armed Forces and Coast Guard. ZenaTech's CEO highlighted the milestone as a step forward for their autonomous drone technology and manufacturing capabilities.

ZenaTech, Inc. (ZENA) acquired Merritt Paul Land Surveying, LLC, a Georgia-based surveying firm licensed in 17 states. The acquisition, ZenaTech's 29th, expands its Drone as a Service (DaaS) platform into solar and transportation sectors. Management highlights growth in drone inspection markets, with solar inspections projected to reach $6.8B by 2032. Merritt Paul's expertise in solar, rail, and airport surveys is expected to enhance ZenaTech's service offerings.

The global drone-services market is projected to grow significantly, with estimates ranging from $109.2B by 2030 to $261.3B by 2034. ZenaTech (ZENA) secured Irish Aviation Authority approval for drone-based precision agriculture services, enabling expansion in Europe. Red Cat Holdings (RCAT) reported a fivefold revenue increase year-over-year. EHang (EH) successfully completed a public flight of its eVTOL aircraft in Hong Kong.

ZenaTech's subsidiary, ZenaDrone, received SORA approval from the Irish Aviation Authority for drone-based precision agriculture services. This authorization allows large-scale aerial application of fertilizers and other products in Ireland, supporting ZenaTech's expansion plans in Europe. The company aims to leverage this approval to grow its Drone as a Service (DaaS) revenue and expand into other regions and industries.

ZenaTech's ZenaDrone subsidiary has completed an initial prototype of the IQ Octo, an autonomous drone for precision agriculture. The drone is designed for spraying and seeding, with testing set to begin in Arizona. The company expects the drone to capture a share of the growing precision agriculture market, with analysts predicting over 30% annual growth. ZenaTech is listed on NASDAQ under the ticker ZENA.

The global agriculture drone market is projected to grow from $5.19B in 2026 to $18.03B by 2034. ZenaTech (ZENA) announced its ZenaDrone subsidiary completed a prototype of the IQ Octo, an autonomous drone for precision spraying and seeding. The drone is designed to reduce input costs and improve efficiency. Draganfly (DPRO) received FAA exemption for its Heavy Lift drone, and AeroVironment (AVAV) secured a $464.8M contract for laser weapon systems.

ZenaTech (Nasdaq: ZENA) is vertically integrating by producing its own drone circuit boards in-house, aiming to meet US defense market requirements and reduce reliance on Chinese components. The company also expanded its ZenaWorx software to include Digital Terrain Modeling for AI data center construction projects, signing its first paying customer. ZenaTech sees opportunities in the growing digital elevation model market and recurring revenue from earthworks monitoring.