Latest news with #ZenaTech
Yahoo
4 days ago
- Business
- Yahoo
ZenaTech's ZenaDrone Launches the IQ Nano Indoor Drone for US Defense Applications and Initiates Green and Blue UAS Certifications
VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces the launch of the ZenaDrone's IQ Nano, a compact autonomous indoor drone, for US Department of Defense (DoD) agencies and government use to innovate applications including inventory management, facility security, and search and rescue. Following recent US Executive Order policy directives aimed at fast-tracking DoD adoption of secure US-made drones and streamlining procurement, the company plans to apply for Green UAS (Unmanned Aerial System) certification, followed by Blue UAS certification required to be officially recognized as a secure and mission-ready drone supplier to US military customers. 'New policy directives have cleared regulatory hurdles and aligned procurement to supercharge US defense drone manufacturers,' said Shaun Passley, Ph.D., CEO of ZenaTech. 'As defense agencies navigate an increasingly complex security and logistics landscape, autonomous AI technologies like the IQ Nano indoor drone are critical to maintain a tactical edge. By automating and streamlining tasks like inventory management, security, reconnaissance, and search and rescue, it frees personnel to focus on strategic decision-making, ultimately enhancing mission success and protecting lives.' The IQ Nano drone is engineered for operations in GPS-denied, confined, or high-risk environments where traditional systems and personnel face operational challenges. It automates inventory management by precisely scanning barcodes of stock in armories and warehouses, reducing manual labour, human errors and improving safety. Equipped with HD and thermal imaging plus AI-powered anomaly detection, it enables secure indoor surveillance of command centers, ammunition depots, and restricted zones. Its stable hover capabilities, obstacle avoidance, and durable Carbon-fiber design ensure safe operation in confined spaces. The drone's autonomous flight and night vision capabilities support search and rescue by navigating dark, collapsed, or inaccessible areas to locate personnel, deliver supplies, and monitor for threats. Compact and rapidly deployable, the IQ Nano enhances agility across defense infrastructure and logistics. Beyond these capabilities, the IQ Nano can support facility mapping and digital twin creation (virtual 3D model of a facility) to aid mission planning, maintenance, and infrastructure analysis. Additionally, it can also contribute to combat training and simulation exercises by replicating reconnaissance scenarios and capturing performance data in controlled environments. The IQ Nano is designed to operate not just as a single unit but as a part of a drone fleet or swarm. In indoor military environments, these coordinated fleets can cover expansive or complex facilities simultaneously, enabling faster inventory audits, comprehensive surveillance, and enhanced situational awareness. The company plans to initiate the Green UAS certification process for the IQ Nano which is considered a pathway to the Blue UAS certification list. The main difference is that the Green UAS is a commercial certification for secure drones led by the AUVSI drone industry association. The Blue UAS is a military-grade approval managed by the DoD, which includes additional security and performance evaluations and a strict country of origin requirement that must not include Chinese suppliers. 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 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 these plus agriculture, defense, logistics and land survey areas, ZenaTech's portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. 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 AI drone solutions for industrial surveillance, monitoring, inspection, tracking, 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 commercial sectors, and the IQ Square is an indoor/outdoor drone designed for land surveys and inspections in the commercial and defense sectors. Contacts for more information: Company, Investors and Media: Linda Montgomery ZenaTech 312-241-1415 investors@ Investors: Michael Mason CORE IR investors@ 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12-06-2025
- Business
- Associated Press
Bullish on Drone Stocks as Recent Executive Orders Focuses on Strengthening U.S. Leadership for Drone Operations
PALM BEACH, Fla., June 12, 2025 (GLOBE NEWSWIRE) -- FN Media GroupNews Commentary - On Friday, June 6, the White House issued two sweeping executive orders focused on strengthening U.S. leadership in uncrewed aircraft systems (UAS, or drones). These actions aim to streamline rulemaking for enabling regulations, fortify domestic supply chains and promote manufacturing, advance security measures, and align federal operations with emerging aviation technologies. The Association for Uncrewed Vehicle Systems International (AUVSI) applauds the Administration's commitment to advancing drone integration through timely, coordinated federal action. These Executive Orders mark a significant step toward reducing regulatory uncertainty, accelerating innovation and manufacturing, and reinforcing U.S. competitiveness in the global autonomy race. AUVSI envisions a future where uncrewed systems, robotics, and autonomous technologies are seamlessly integrated to solve critical challenges resulting in lasting safety and societal benefits, economic growth, and enhanced national security. AUVSI represents leaders from more than 60 countries across industry, government, and academia in the defense, civil and commercial sectors. Our strength is in our community, which gathers in-person and online to share new ideas, promote effective policy, advocate for the value of autonomous technology, and spark new partnerships. Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Red Cat Holdings, Inc. (NASDAQ: RCAT), Ondas Holdings Inc. (NASDAQ: ONDS), Draganfly Inc. (NASDAQ: DPRO), AgEagle Aerial Systems Inc. (NYSE: UAVS). The AUVSI article added: 'Today is a historic day for the drone industry in the United States. The White House Executive Orders issued today showcase that drones are critical to American economic strength, national security, and global leadership' said Michael Robbins, AUVSI's President & CEO. 'AUVSI commends the Trump Administration for advancing policies that will ensure U.S. leadership in drone innovation, security, operations, and manufacturing. As we have long advocated, innovation and security must advance in lockstep, and President Trump got that right with these Executive Orders. By prioritizing long-overdue drone enabling rules and much needed security reforms, the Administration is accelerating the safe and responsible growth of the drone industry at a pivotal moment.' ZenaTech (NASDAQ:ZENA) ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order - ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone's intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company's flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace. ZenaDrone's technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, 'Restoring American Airspace Sovereignty', has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand. 'We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,' said Dr. Shaun Passley, CEO of ZenaTech. 'Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.' The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations. The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives. The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. Continued… Read this full release by visiting: Other recent developments in the markets include: Ondas Holdings Inc. (NASDAQ:ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions through its Ondas Networks and Ondas Autonomous Systems business units, recently announced the closing of its underwritten public offering of (i) 27,200,000 shares of its common stock, which includes 4,800,000 shares of common stock sold pursuant to the exercise in full by the underwriter of their over-allotment option, and (ii) in lieu of common stock, pre-funded warrants to purchase up to 9,600,000 shares of its common stock, at an exercise price of $0.0001 per share. Ondas estimates net proceeds from the offering to be approximately $42.8 million, after deducting underwriting discounts and commissions and estimated offering expenses, and excluding any proceeds that may be received from the exercise of the pre-funded warrants. Ondas intends to use the net proceeds of the offering for general corporate purposes, including funding capital expenditures and providing working capital. Oppenheimer & Co. Inc. acted as the sole underwriter for the offering. Ladenburg Thalmann & Co. Inc., Lake Street Capital Markets, LLC and Northland Capital Markets served as financial advisors to Ondas. Akerman LLP served as legal counsel to Ondas and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel to the underwriter. Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), a drone solutions, and systems developer, recently announced the pricing of its public offering (the 'Offering') of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit is to be sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting placement agent discounts and offering expenses. The warrants will have an exercise price of CA$5.0768 (or US$3.71) per share, are exercisable immediately and will expire five years following the date of issuance. Maxim Group LLC is acting as sole placement agent for the Offering. Draganfly currently intends to use the net proceeds from the Offering for general corporate purposes, including to fund its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the Company's core products, potential acquisitions and research and development. The Offering is expected to close on or about June 12, 2025, subject to the satisfaction of customary closing conditions. AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of unmanned aerial systems (UAS), sensors, and software solutions for commercial and government use, recently announced the Company participated in a second high-level, invitation only policy discussion with the White House, hosted by the Office of Information and Regulatory Affairs (OIRA). This most recent engagement was centered on the proposed FAA Rule Part 108, which will define the regulatory framework for Beyond Visual Line of Sight (BVLOS) drone operations across the United States. AgEagle CEO Bill Irby joined industry peers from uAvionix, BRINC, Kelly Hills, and Pierce Aerospace in presenting key insights on how enactment of Part 108 will remove significant operational barriers, drive capital investment, and unlock next-generation drone technologies that enhance both commercial and public sector applications. 'This follow-up invitation by OIRA reaffirms the strategic importance of expanding BVLOS operations for the domestic drone industry,' commented Irby. 'We were honored to continue our engagement with the White House and contribute our perspective on how thoughtful and timely rulemaking can accelerate innovation, improve safety and compliance, and strengthen the U.S. position as a global leader in drone technology. Of particular value was the discussion of how streamlined regulation will allow broader deployment of autonomous data solutions and open the door for increased economic activity.' Red Cat Holdings, Inc. (NASDAQ: RCAT), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, recently issued a statement of support for a series of executive orders from the White House that advance U.S. leadership in uncrewed aircraft systems (UAS) and reinforce the resilience of America's domestic industrial base. The executive actions are expected to remove regulatory barriers and modernize federal approval processes to prioritize U.S.-manufactured drones. Additional provisions include expanded detection and mitigation authority, and streamlined regulations to accelerate the deployment of UAS across federal and commercial sectors. About FN Media Group: At FN Media Group, via our top-rated online news portal at we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today's emerging companies. #tickertagpressreleases #pressreleases Follow us on Facebook to receive the latest news updates: Follow us on Twitter for real time Market News: Follow us on Linkedin: DISCLAIMER: FN Media Group LLC (FNM), which owns and operates and is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 'Forward-looking statements' describe future expectations, plans, results, or strategies and are generally preceded by words such as 'may', 'future', 'plan' or 'planned', 'will' or 'should', 'expected,' 'anticipates', 'draft', 'eventually' or 'projected'. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements. Contact Information: Media Contact email: [email protected] - +1(561)325-8757 SOURCE: FN Media Group
Business Upturn
12-06-2025
- Business
- Business Upturn
ZenaTech's ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ('ZenaTech'), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone's intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company's flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace. ZenaDrone's technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, 'Restoring American Airspace Sovereignty', has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand. Advertisement 'We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,' said Dr. Shaun Passley, CEO of ZenaTech. 'Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.' The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations. The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives. The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. 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 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, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech's portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. 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, tracking, 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 indoor/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 [email protected] Investors: Michael Mason CORE IR [email protected] 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. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
12-06-2025
- Business
- Yahoo
ZenaTech's ZenaDrone to File Patent and Accelerate Deployment of Counter-UAS Technology on the ZenaDrone 1000 in Response to US Executive Order
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces its subsidiary ZenaDrone's intent to file a patent and accelerate the deployment of Counter-Unmanned Aircraft System (Counter-UAS) technology, to be mounted on the company's flagship ZenaDrone 1000 drone platform in response to a new executive order policy directive. Counter-UAS technology refers to tools or systems that can detect, track, or mitigate unauthorized or dangerous drones to protect people, property, and airspace. ZenaDrone's technology for this was originally designed last year but was placed on hold as the company prioritized other commercial and defense applications. However, the recent policy directive on Counter-UAS contained in the June 6th, 2025, White House Executive Order, 'Restoring American Airspace Sovereignty', has clarified the urgency and importance of bringing effective drone defense solutions to market. In response, ZenaDrone is accelerating development and commercialization efforts to meet growing domestic and international demand. 'We developed our Counter-UAS system with future threats in mind, and the Executive Order has made it clear that the time to act is now,' said Dr. Shaun Passley, CEO of ZenaTech. 'Integrating this technology into the ZenaDrone 1000 positions us to meet urgent security needs with a smart, autonomous aerial defense platform and be seen as a provider of safe, trusted, and mission-ready solutions.' The company will immediately expand its engineering and defense teams to fast-track R&D, testing, and deployment. The enhanced ZenaDrone 1000 will feature real-time threat detection and neutralization capabilities, making it a viable solution for military, homeland security, and critical infrastructure protection operations. The recent executive order, one of two historic policy directives announced on June 6th, 2025, provides a boost to US drone companies by driving demand for counter-UAS technologies, setting needed federal standards for secure airspace integration, and prioritizing US-made systems over foreign alternatives. The ZenaDrone 1000 is an AI multifunction autonomous drone that is a 12X7-foot rotary-wing octocopter design—built for commercial applications including surveillance, inspection and precision agriculture, as well as for defense. It features a patented foldable-wing design, can carry up to a 40 kg or 88 lbs of payload, and can fly for up to an hour before recharging on its docking station. It can be equipped with a variety of thermal imaging, LiDAR, or multispectral sensors to enable real-time ISR (intelligence, surveillance, and reconnaissance), border patrol, and other defense applications. 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 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, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech's portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. 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, tracking, 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 indoor/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@ Investors: Michael Mason CORE IR investors@ 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
05-06-2025
- Business
- Time of India
US stock market today: Dow, S&P 500, Nasdaq rise after Trump-Xi call sparks trade optimism — but investors urged to stay cautious amid jobs data, Tesla and Apple in focus
S&P 500 : Up 0.26% to 5,986.35 : Up 0.26% to 5,986.35 Dow Jones Industrial Average : Increased by 0.15% to 42,489.50 : Increased by 0.15% to 42,489.50 Nasdaq Composite: Gained 0.35% to 19,528.70 Did the Trump-Xi phone call help calm US-China trade worries? Live Events Top Gainers Company Name Ticker Price (USD) % Change Ryvyl Inc RVYL 0.76 +98.91% ZenaTech, Inc. ZENA 6.08 +91.19% ModivCare Inc MODV 3.69 +59.52% Planet Labs PBC PL 6.25 +56.64% Babcock & Wilcox Ent. BW 1.22 +50.20% Top Losers Company Name Ticker Price (USD) % Change Helius Medical Tech. HSDT 1.01 -69.11% Ctrl Group Limited MCTR 7.90 -48.70% Cibus, Inc. CBUS 1.69 -28.60% BARK, Inc. BARK 0.98 -27.21% Mullen Automotive, Inc. MULN 12.30 -23.60% What economic data is worrying Wall Street now? How is the labor market reacting to shifting trade policy? Apple Inc (AAPL) : $203.26 (+0.22%) : $203.26 (+0.22%) Microsoft Corporation (MSFT) : $466.79 (+0.63%) : $466.79 (+0.63%) Alphabet Inc (GOOGL) : $169.74 (+1.00%) : $169.74 (+1.00%) Inc. (AMZN) : $211.54 (+2.08%) : $211.54 (+2.08%) Tesla Inc (TSLA) : $319.38 (-3.82%) : $319.38 (-3.82%) NVIDIA Corp (NVDA) : $142.55 (+0.44%) : $142.55 (+0.44%) Meta Platforms Inc (META) : $691.08 (+0.45%) : $691.08 (+0.45%) JPMorgan Chase & Co. (JPM) : $262.59 (-0.62%) : $262.59 (-0.62%) Bank Of America Corp. (BAC) : $44.44 (+0.17%) : $44.44 (+0.17%) Walmart Inc (WMT): $98.13 (-1.23%) Are corporate earnings giving investors any comfort? What does this mean for investors heading into Friday? FAQs: (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel US stock market today stayed mostly flat on Thursday, June 5, as investors tried to make sense of a new development in the ongoing US-China trade situation. After a recent four-day winning streak, the Dow Jones Industrial Average (^DJI) dipped 0.1%. The S&P 500 (^GSPC) also edged down by 0.1%, and the tech-heavy Nasdaq Composite (^IXIC) hovered near movement came after news broke that President Donald Trump spoke with Chinese President Xi Jinping — a conversation initiated at Trump's request. The phone call, reported by Chinese state media, comes amid rising trade tension despite a truce agreed to in Geneva just weeks gains were tempered by investor caution ahead of the upcoming U.S. jobs report, which is expected to show a slowdown in were closely watching whether this conversation could ease tensions in the ongoing trade war. Wall Street has seen this before: tough rhetoric from the White House often gives way to softer positions, a pattern traders call the 'TACO' trade — short for 'Trump Always Chickens Out.'While optimism briefly lifted stocks earlier in the day, gains were lost after the call's details failed to provide clarity on the next steps in trade negotiations. Instead of calming nerves, the market seemed uncertain about whether the relationship is improving or headed toward more companies experienced significant price increases, with Ryvyl Inc leading the gains at nearly 99% .Helius Medical Technologies faced the steepest decline, dropping over 69% .The US stock market today also reacted to disappointing economic data. The Department of Labor reported that jobless claims reached their highest point in eight months. In the final full week of May, more Americans filed for unemployment benefits, raising fresh concerns about the labor market's claims, a measure of long-term unemployment, remain near a four-year high. This trend suggests that even those who lost jobs earlier are struggling to find new work. It's another sign that the US economy could be starting to feel the impact of Trump's shifting trade spotlight is now on Friday's release of the May jobs report — a key indicator of how the labor market is handling rising uncertainty from the evolving US-China trade relationship. Economists believe this report will give the first meaningful insight into whether hiring is slowing as businesses brace for potential tariffs and supply chain disruptions.A weak report could fuel fears of an economic slowdown and put pressure on the Federal Reserve to cut interest rates sooner than the earnings front, Wall Street awaits quarterly results from Lululemon (LULU) and Broadcom (AVGO), both scheduled to report later Thursday. Their performances could offer a hint of how different sectors are managing consumer demand and global supply earnings season winding down, most major companies have already shared their financials. Investors are now shifting their focus to forward-looking guidance, particularly around global demand, costs, and how trade uncertainty could affect second-half now, the US stock market today remains stuck in a holding pattern. Traders are balancing a complex mix of weak economic indicators, unpredictable trade diplomacy, and the hope that Friday's jobs report doesn't deliver more bad more clarity emerges — either from Washington or Beijing — it's likely that markets will continue to drift without strong direction. Investors are advised to remain cautious, closely monitor trade headlines, and watch key indicators like employment and consumer spending for further US stock market stayed flat due to uncertainty after a Trump-Xi phone call and weak job claims rose sharply, hitting an 8-month high, which signaled a possible economic slowdown.
