ZenaTech (Nasdaq: ZENA) is positioning itself as an emerging leader in drone technology and quantum computing, with recent developments targeting both defense and commercial markets. The company's multifaceted approach includes pursuing military certifications, expanding its Drone-as-a-Service (DaaS) business model, and advancing cutting-edge technologies.
The company is actively pursuing Blue UAS certification, which would enable direct drone sales to U.S. military and federal agencies. By partnering with Taiwan-based Suntek Global to develop the IQ Nano drone sensor, ZenaTech is strategically positioning itself in a global military drone market projected to grow from $14 billion in 2023 to $47 billion by 2032.
ZenaTech's technological innovations extend beyond traditional applications. The company's DroneNet communication system enables secure data transmission in environments without reliable internet or cellular coverage, while its quantum computing initiatives like the Sky Traffic project aim to improve predictive analytics for aerial operations.
The company's DaaS model allows businesses and government agencies to access drone solutions without significant upfront investments. By acquiring land survey engineering firms and integrating AI-powered drones, ZenaTech is demonstrating how drone technology can modernize traditional industries such as border security, infrastructure inspection, and emergency response.
With plans to manufacture at least ten ZenaDrone 1000 units monthly starting in Q1 2025 and continued development of commercial solutions like the IQ Square drone, ZenaTech is poised to capitalize on the growing global commercial drone market, which is projected to reach $30.02 billion in 2024 and expand at a 10.6% CAGR through 2030.
