ZenaTech’s ZenaDrone Starts Testing its High-Density Batteries to
Extend Flight Time for ZenaDrone 1000 Drone for US Defense
Applications
VANCOUVER, British Columbia, Feb. 06, 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, announces that
ZenaDrone will commence testing work this quarter on a high density
battery for the ZenaDrone 1000 multifunction AI drone designed for
defense and commercial applications. High density batteries are
lightweight and enable longer drone flight times, more reliability
and endurance for longer defense missions, heavier payloads, and
greater operational success of a wide range of military
applications. ZenaDrone will use the batteries from ZenaTech’s
affiliated company Galaxy Batteries Inc.
“High density batteries are key to longer flight
times and reliability in the harsh conditions of military defense
operations such as cargo and resupply, intelligence gathering,
surveillance, and reconnaissance missions. We will test to ensure
these batteries will provide the customization, cost savings,
supply chain control and superior performance we require. This is
important to our goal to become a Blue UAS- certified supplier to
sell to US defense branches and other military organizations,” said
CEO Shaun Passley, Ph.D.
ZenaDrone 1000 is an autonomous multifunction
drone offering stable flight, maneuverability, heavy lift
capabilities, innovative software technology, sensors, AI, and
purpose-built attachments, along with compact and rugged hardware
engineered for military and industrial use. The company previously
completed two paid trials with the US Air Force and the US Navy
Reserve for logistics and transportation applications carrying
critical cargo, such as blood, in the field.
The company previously announced that its supply
chain is fully NDAA (National Defense Authorization Act) compliant
and that it plans to apply for Green UAS (Unmanned Aerial System)
followed by Blue UAS certification, an approved supplier list for
drone companies.
NDAA compliance refers to adhering to the
provisions outlined in the National Defense Authorization Act,
which is a set of US federal laws passed every year that specify
the budget and expenditures for the Department of Defense (DoD) and
address growing cybersecurity concerns. For a product to be NDAA
compliant, it must not be produced by a set list of Chinese
manufacturers, which extends to the chipsets, cameras, displays and
other technology used.
The Blue UAS (Unmanned Aerial System) program is
a stringent government approved supplier list of drone companies
that wish to do business with the US DoD; suppliers including
ZenaDrone must meet strict NDAA cybersecurity and supply chain
sourcing requirements. The Green UAS program is essentially the
same as the Blue UAS program but has a more streamlined and faster
certification process without the specifications on country of
origin.
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, and the IQ Nano indoor drone is used for inventory
management in the warehouse and logistics 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.
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