Hello Everyone,
ZENA was up around 6.30 in the premarket and is hovering right around flat on the session.
This is a good time to research this one.
It wasn't long ago we saw this one explode all the way up to $12 in late December.
This one really reacts on substantial news.
The company has a lot going on with multiple revenue streams in place and operational.
You will definitely want to keep this company on your radar in the long term.
ZenaTech provides AI drone, Drone-as-a-Service, Quantum Computing, and SaaS-based enterprise software solutions that help businesses and government improve mission-critical operations. From drone solutions for smart farming or accessing medical supplies on the battlefield, to software applications used by law enforcement, field service technicians, and plant managers, the company’s portfolio of subsidiary brands and patented products deliver innovation, automation, and cost savings.
The company’s flagship product, the ZenaDrone 1000, is a medium size autonomous drone product incorporating AI, sensors, and purpose-built attachments, along with compact and rugged hardware engineered for industrial use.
Unlike traditional and manual control drones, , AI algorithms enable the drone to perform complex tasks independently, such as navigating through challenging environments and avoiding obstacles without human intervention. This capability is crucial in sectors like agriculture, where AI-powered drones can monitor crops and optimize resource use, leading to higher yields and reduced waste.
ZENA operates in seven offices for sales, manufacturing, R&D and aerial operations in North America, Europe, Taiwan and UAE, including many talented software developers, hardware and mechanical engineers. They are actively growing their global partner network.
Right now they have over 100 existing enterprise customers and recurring revenue from their branded software solutions used by government, law enforcement, and industrial customers, and leveraging synergies to integrate drones.
The company has developed a suite of patented ZenaDrone products they also manufacture that are being implemented across various inspection, tracking, surveillance, safety, security, and field service applications.
In December 2023, the company completed paid trials with both the US Air Force and US Naval Research using its drones for carrying critical cargo and recently signed a lease to open a Beyond Visual Line of Sight (BVLOS) drone testing facility in Turkey, which will serve as a product testing site for its ZenaDrone 1000 model drones designed for the US Defense Branches and NATO.
The company will test defense drone applications including ISRT (Intelligence, Surveillance, Reconnaissance, and Targeting), logistics and transportation, and other applications over wide distances beyond an operator’s line of sight.
Securing defense contracts could be a major catalyst for the ZENA.
Please Read the Full Profile Here: https://www.insiderfinancial.com/profile/zena
Sincerely,
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