ZenaTech Accelerates Drone Market Growth with 92% Revenue Surge and Global Expansion

ZenaTech (Nasdaq: ZENA), an AI-driven drone and software company, reported a remarkable 92% year-over-year revenue increase in the first quarter of 2025, highlighting the company's robust growth strategy in the expanding global drone market.

The company's multi-vertical approach leverages a Drone-as-a-Service (DaaS) model across agriculture, infrastructure, public safety, and defense sectors. By offering AI-powered drones like the ZenaDrone 1000 and IQ series on a subscription basis, ZenaTech is lowering market entry barriers while creating scalable revenue streams.

Strategic international expansions are driving the company's growth. The opening of a European headquarters in Dublin positions ZenaTech to capitalize on Europe's agricultural drone market, projected to grow from $4.6 billion in 2023 to $43 billion by 2032. Simultaneously, the company's entry into Dubai's building cleaning services market and ongoing defense technology development demonstrate its diversified approach.

ZenaTech's Q1 revenue of $1.13 million reflects its aggressive scaling strategy, which includes targeted acquisitions in surveying and enterprise software. The company is evaluating over 20 potential acquisitions and has expanded hiring across the United States, UAE, and Taiwan to support research and development.

With the global commercial drone market valued at $30.02 billion in 2024 and expected to grow at a 10.6% CAGR through 2030, ZenaTech is positioning itself as a nimble, innovative competitor in this rapidly evolving technological landscape.