ZenaTech acquires power washing company.

ZenaTech plans to acquire a power washing company to grow its drone services.

Miami, FL–(Emerging Growth Newswire – January 13, 2025) – EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on ZenaTech, Inc. (NASDAQ: ZENA).

ZenaTech, Inc. (NASDAQ: ZENA), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions just announced it has signed an offer to acquire a Florida-based power washing company with multiple locations across two states. The company has a 15-year background serving commercial, government, industrial and homeowner association clients with modern pressure cleaning services to maintain and preserve building exteriors and roofs, industrial sites, public spaces, and parking lots.

The global drone power washing market falls under a broader drone cleaning services market category that was valued at approximately USD $4.36 billion in 2023 and is projected to reach USD 13.2 billion by 2030, growing at a compound annual growth rate (CAGR) of almost 17% according to market analyst Valuates Reports.

ZenaTech’s Drone as a Service platform provides business and government clients with on-demand or subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By acquiring established, profitable service companies currently using low-tech processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits. The company is continuing to build its global business and network of locations as well as its integration of drones and new services.

Meet the Drones & Services:

ZenaDrone’s flagship advanced multi‑mission drone systems for government and defense currently at various testing and cybersecurity certification readiness stages include:

The ZenaDrone 1000, a medium-sized VTOL (Vertical Takeoff and Landing) rugged construction drone capable of lifting ~40 kg, with AI-enabled autonomy, and secure communications via its proprietary Drone Net system. Designed for inspection, surveillance, and reconnaissance (ISR) applications, critical cargo applications, and border patrol via a gas version currently under development, being designed for longer flights. It has undergone paid trials with both the US Air Force and Navy Reserve for applications, including critical cargo delivery such as temperature controlled medical supplies

The IQ Nano, a compact indoor drone (starting size 20″×20″), built to operate in GPS-denied environments like warehouses or military infrastructures for inventory management via barcode scanning and security applications, it features obstacle avoidance and AI-driven drone swarms or fleets

The IQ Square, a VTOL drone (starting size 40” X40”) engineered for line-of-sight land surveys, infrastructure inspections, road and bridge inspections, and defense reconnaissance tasks

ZenaTech’s unique Drone as a Service business model provides business and government clients with on-demand or subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By acquiring established, profitable service companies currently using low-tech processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next generation drone integration designed for speed, precision, data, and safety benefits.

Other Recent Announcements:

Financial results for the third quarter ended September 30, 2025, which includes a record 1,225% increase in year-over-year revenue for the quarter. The company achieved a 6X revenue increase for the first nine months of the year with revenue of $7.73 million compared to the same period of 2024.

These results represent the company’s highest-ever quarterly revenue driven by exceptional performance of the Drone as a Service segment and in addition includes the highest ever quarterly growth for the enterprise SaaS software segment. Progress was made towards advancing the US defense industry business and other product and manufacturing objectives.

The completion of three strategic Drone as a Service acquisitions, two in the U.S. and the company’s first Canadian acquisition. See all three acquisitions here.

The acquisition of Vara 3D Inc., a well established Salt Lake City-area surveying and 3D mapping company.

The acquisition of Casado Design Ltd., a survey and design company located in the South West of England with a strong reputation and expertise in 3D modeling and scanning services for tower and infrastructure building in the telecom sector.

The completion of its acquisition of Smith Surveying Group LLC, a Jacksonville, Fla.-based land surveying and inspection firm with longstanding expertise and clients across municipal, aviation, and commercial markets.

The opening of a Washington, D.C. area office to accelerate federal government market access and US defense agency engagement, which is expected to build a strong federal footprint for defense business revenue growth.

The closing of its 12^th acquisition of Rampart Surveys Inc., a Woodland Park, Colo.-based land surveying firm with nearly three decades of experience.

The expansion of its drone manufacturing operations in Sharjah, UAE, nearby Dubai, enabling space to scale production, R&D work, and Drone as a Service operations.

Signing an offer to acquire a Southern California land survey engineering firm with a considerable list of long-term government and commercial builder customers and significant expertise in public works projects.

Signing an offer to acquire a long-standing Jacksonville, Florida-based land surveying and inspection firm with established municipal government and aviation clients.

The closing of Jacksonville, Florida-based land survey and engineering firm, A&J Land Surveyor, Inc. (“A&J”). This marks a tenth acquisition for its growing Drone-as-a-Service businesses.

ZenaTech, Inc. (NASDAQ: ZENA) announced that it has signed an offer to acquire a Southeast US-based warehouse and inventory management services company serving a principal service branch of the US Department of Defense.

Zena AI Inc. will initiate quantum computing activities and a flagship initiative called “Eagle Eye” to integrate AI drones, historical and real time data, and quantum computing to deliver a host of predictive insights, accelerated decision-making solutions, and optimized and enhanced performance for US Defense and Homeland Security agency applications.

The Closing of its seventh Drone as a Service acquisition. Morgan Surveying, Inc. is a Greensboro, North Carolina-based land surveying firm with an established reputation for serving customers in Guilford County and surrounding areas for over 30 years.

ZenaTech, Inc. (NASDAQ: ZENA) formed of Zena AI, Inc. (Zena AI) to focus on building advanced artificial intelligence software solutions for the US Department of Defense and Homeland Security agencies.

ZenaTech, Inc. (NASDAQ: ZENA) has signed an offer to acquire a Virginia-headquartered land survey and civil engineering firm with operations in three states and expertise serving major US federal government agencies and regional infrastructure programs.

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.

ZenaDrone is a member of AUVSI, the international association of drone companies that administers the Green UAS certification, considered a first step to be on the vendor-approved list to sell to government, law enforcement, and many commercial customers and branches of the military.

Launching a drone-based early wildfire detection system. The Company plans to conduct onsite testing and evaluation with a prospective California business customer seeking to protect its 400-acre rural outdoor tourist attraction business from wildfires.

ZenaTech in addition to its other applications is joining the ranks of other top drone companies in wildfire applications:

Drone Amplified develops advanced payloads, integrates complex drone systems, and leads the industry in aerial ignition.

SmokeD offers an automatic drone-powered smoke and fire detection system isa solution for companies specializing in protecting the environment or utilizing outdoor infrastructure.

Candrone offers Drone Packages for Wildfire Management.

Dryad Networks develops a wireless environmental sensor network based on LoRaWAN: the leading open-standard for long-range radio IoT networks.

Drone Americas is revolutionizing unmanned aerial systems by delivering FAA compliant solutions that emphasize efficiency, performance, and sustainability.

FireSwarm solutions delivers an automated aerial fire suppression platform, combining ultra-heavy-lift technology and advanced automation to provide fast, efficient wildfire defence for governments, firefighting teams, forestry managers, First Nations, private industries, and at-risk industries.

Skydio drone programs help even the most dangerous work get done safer, smarter, and faster through remote autonomous flight. From Drone as First Responder to automated inspection and site security, Skydio helps you get the intelligence you need to make the best decisions.

DJI Enterprises enhance wildfire response by providing critical aerial information. DJI identifies hotspots more accurately and improves responders’ safety while aiding in the strategic deployment of resources.

Other workplace software stocks to watch:

CrowdStrike Holdings, Inc. (NASDAQ: CRWD)
Workday, Inc. (NASDAQ: WDAY)
MicroStrategy, Inc. (NASDAQ: MSTR)
Palantir Technologies, Inc. (NASDAQ: PLTR)
Palo Alto Networks, Inc. (NASDAQ: PANW)
Monday.com, Ltd. (NASDAQ: MNDY)
Salesforce, Inc. (NYSE: CRM)
Service Now, Inc. (NYSE: NOW)
Autodesk, Inc. (NASDAQ: ADSK)

According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2030. This market is expanding at a CAGR of 15-20%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development. Within the drone surveying market, land surveys represent a large portion, with significant adoption in real estate, urban planning, environmental applications and infrastructure projects.

ZenaTech, Inc. (NASDAQ: ZENA) also recently announced that its Taiwan subsidiary, Spider Vision Sensors, is in the process of expanding its East Asian partnerships to sell to customers in the rapidly growing government defense and commercial drone markets.

The company is also expanding its partnerships with local component manufacturers to further US military compliance in manufacturing sensors, cameras and parts for its ZenaDrone 1000 and IQ series multifunction AI drones. ZenaTech has hired two business development managers with plans to add up to five engineers over the next month to join the Spider Vision Sensors office team.

According to Fortune Business Insights, the Asia-Pacific military drone market for countries including Taiwan, Japan, and South Korea, is projected to be the fastest-growing region globally and expected to expand at a compound annual growth rate (CAGR) of 13.15% from 2024 to 2032. It is driven by increased defense spending and the rising need for intelligence, surveillance, reconnaissance, and security capabilities

Commercial drone services markets for countries including Japan and Malaysia are expanding rapidly and driven by applications in agriculture, infrastructure, security, and logistics and delivery. Japan’s market, valued at $3 billion in 2024, is projected to reach almost $7 billion by 2030 at a 15.2% CAGR according to Grand View Research. Malaysia’s market is growing even faster, driven by regulatory support and industry adoption, and is expected to rise from almost $5 billion in 2025 to $13 billion by 2030 which represents a 21.42% CAGR according to Knowledge Sourcing Intelligence.

ZenaTech, Inc.’s (NASDAQ: ZENA) subsidiary ZenaDrone has finalized its third-generation design of the ZenaDrone 1000 multifunction drone that will be used as its “production model” for scaling up production.

Just what the military needs:

A report by Research and Markets shows that in an industry that never stands still, the Global Military Drones Market is projected to reach an impressive US $29.8 Billion by 2030, up from US $13.6 Billion in 2023. Full report here.

Recently ZenaTech, Inc. (NASDAQ: ZENA) announced that its subsidiary ZenaDrone has commenced work towards a Green UAS (Unmanned Aerial System) certification for its IQ Square drone for applications including land survey, bridge inspections and other infrastructure inspections for use by US Defense agencies. The ZenaDrone team has commenced a review and assessment of its cybersecurity practices, standards compliance, product security, and supply chain documentation to prepare for this certification.

Green UAS certification is required for drone companies that want to sell to government agencies, law enforcement, first responders, and commercial enterprises in the United States that need to ensure a high level of security and NDAA compliance.

ZenaTech (NASDAQ: ZENA) has been aggressively making strides:

ZenaTech, Inc.’s (NASDAQ: ZENA) announced recently that it acquired KJM Land Surveying LLC, a well-established Pensacola Florida land survey engineering company with a long history and roster of repeat customers.

This is ZenaTech’s second acquisition as part of a larger roll-up strategy to disrupt the land survey industry by accelerating the use of drones for speed, accuracy and innovation benefits. The acquisition will also form the base of the Southeast US region of its national Drone as a Service or DaaS business which utilizes drone solutions from its subsidiary company ZenaDrone.

ZenaDrone’s multifunction AI drones will be offered in the Drone as a Service (DaaS) business model nationally through convenient office or storefront locations operated by the company as well as by business partners.

ZenaTech, Inc.’s (NASDAQ: ZENA) subsidiary company ZenaDrone has begun work on an all gas-powered version of the ZenaDrone 1000 drone to enable longer range flight times specifically for US Defense and NATO market use. The company plans to submit a proposal to test this model with the US Air Force through the SBIR (Small Business Innovation Research) Long-Duration Aircraft Program.

Gas-powered drones offer distinct advantages for defense applications due to their extended flight durations, higher payload capacities, and superior operational ranges compared to battery-powered counterparts. Gas-powered medium-size drones are well-suited for long-endurance missions such as reconnaissance and border patrol, where the ability to remain airborne for extended periods is critical.

David Kass, a prominent hedge fund manager predicted that AI, which dominated the news cycles over the past year will be replaced by quantum computing as the next technology innovation.

TheStreet.com recently discussed 5 quantum computing stocks that investors are targeting in 2025:

Quantum Computing Inc’s (NASDAQ: QUBT) stock gained almost 2,000% in 2024, rising from less than $1 per share to more than $18 in only a few months.

D-Wave Quantum Quantum, Inc.’s (NYSE: QBTS) shares have soared this year, rising more than 1,000%, including gains of almost 750% over the past two quarters.

IonQ, Inc.’s (NYSE: IONQ) shares are up over 500% for the year, and experts remain bullish on its growth prospects.

Lastly Rigetti Computing, Inc.’s (NASDAQ: RGTI) stock price is up almost 1,900% in the past year. It develops quantum integrated circuits, a key component for quantum computers, which may prove to be a highly lucrative niche.

ZenaTech, Inc. (NASDAQ: ZENA) could also have been included in the niche conglomerate of quantum computing companies. It is an AI drone, Drone-as-a-Service (DaaS), Quantum Computing and enterprise SaaS software company with a portfolio of solutions that help business and government customers improve mission-critical operations.

ZenaTech, Inc.’s (NASDAQ: ZENA) military aspect that could set them apart.

The US Navy and the Airforce are using ZenaTech’s drones is for transporting critical medical supplies like blood in field operations.

Since the opening of its drone production facility in Dubai, UAE and the debut of the ZenaDrone 1000 at the UMEX Abu Dhabi Trade show, the company has secured US military pilot contracts with the Airforce and Navy.

Secured Military contracts:

The military relies on drones for surveillance, reconnaissance, and intelligence gathering, and the ZenaDrone 1000 offers valuable features for these missions. With an impressive 1-hour flight time, the drone can cover long distances and operate for extended periods, facilitating continuous surveillance and gathering critical intelligence. Its automatic recharging capability ensures minimal downtime, allowing for a swift response to emerging situations and prolonged operational efficiency. The combination of these attributes makes the ZenaDrone 1000 an invaluable asset, enhancing situational awareness and the overall effectiveness of military operations.

Situational Awareness:

The ZenaDrone 1000 revolutionizes military situational assessment with advanced sensors, real-time data streaming, and autonomous reconnaissance. It offers precise enemy positioning, weather forecasting, and terrain analysis, empowering well-informed tactical decisions, and safer mission strategies. As a force multiplier, it optimizes resource allocation, enhances coordination, and mitigates risks, ultimately amplifying the military’s operational effectiveness and success rates.

Post-War Damage Assessment:

The ZenaDrone offers significant advantages for post-war damage assessments in the military. Its rapid and safe aerial reconnaissance capabilities enable real-time visual evaluations of war-damaged zones. Equipped with high-resolution imaging and remote sensing technologies, the drone captures detailed data, aiding in accurate identification of destruction extent and potential hazards. By eliminating the need for personnel deployment in hazardous areas, the ZenaDrone ensures safety and efficiency while covering vast territories. Its data analytics and comparative analysis capabilities further contribute to informed decision-making, facilitating effective recovery and reconstruction strategies.

In an article on Exoswan titled “Top Military Deone Stocks for 2025” it discusses other worthy of mentioning names in the space including:

Textron, Inc. (NYSE: TXT) which offers tactical UAS for reconnaissance and surveillance.

Elbit Systems, Ltd. (NASDAQ: ESLT) which provides complete UAV solutions including air vehicles, ground control stations and payloads.

L3Harris, Inc. (NYSE: LHX) which integrates diverse UAS platforms with broader military systems and networks.

Lockheed Martin Corp. (NYSE: LMT) which focuses on advanced stealth drones and autonomous systems

Raytheon corporation (NYSE: RTX) which specializes in counter-drone technologies and drone-based missile systems.

Others in the drone space to have a look include Ondas Holdings, Inc. (NASDAQ: ONDS) which provides private wireless drone and automated data solutions, and Volatus Aerospace, Inc. (OTCQX: TAKOF) (TSXV: FLT) which deals in innovative global aerial solutions for intelligence and cargo.

More recently modified:
Mercury Systems (NASDAQ: MRCY)
Teledyne Technologies (NYSE: TDY)
Leonardo DRS (NASDAQ: DRS)
RTX Corp. (NYSE: RTX)

ZenaTech has secured financing for this series of acquisitions from current shareholders. For more information, please refer to the Company’s Form 6-K filing which can be accessed on the SEC website.

Other recent ZenaTech (NASDAQ: ZENA) announcements continued:

ZenaTech maintains its commitment to domestic manufacturing for US defense drone solutions, including strategic local investments and military-compliant supply chains. ZenaDrone will now move some of its commercial drone production for US commercial customers to Arizona, meaning no need to increase prices for customers to offset tariff costs.

The company plans to expand its manufacturing capabilities over the next two months to produce drones for US commercial customers in addition to planned production for the US military. This expansion will include up to 2,000 additional square feet of production space. This will be the second global manufacturing facility; the company currently has development and production facilities for the ZenaDrone 1000 and IQ series of drones at its 10,000-square-foot facility in Sharjah, UAE.

“With increased US bans on Chinese drones and components and local incentives for domestic production, we are well-positioned to expand our manufacturing in Arizona, also creating more high-quality American jobs,” added Mr. Passley.

ZenaTech, Inc. (NASDAQ: ZENA) also recently announced that its subsidiary ZenaDrone is developing a drone swarm application using multiple indoor IQ Nano drones for inventory management and security applications. ZenaDrone is conducting this development with its auto parts manufacturer customer where it is currently engaged in a paid trial.

ZenaTech, Inc. (NASDAQ: ZENA) announced that it has closed the acquisition of London-based workplace scheduling software company, Othership Limited. ZenaTech plans to develop quantum computing-driven workplace scheduling solutions intended to increase business productivity including multinational companies with large and complex workforces, workplace scheduling challenges, and large portfolios of office spaces and locations.

Established in 2018 in London, UK, Othership is a workspaces and collaborative workplace software company providing workplace scheduling and management solutions to remote-first businesses and individuals.

According to Market Data Forecast, the global workspace management software market is growing at a compounded annual growth rate (CAGR) of almost 13% per year and could reach near $2 billion by 2032. Growth is being driven by the adoption of hybrid work models, digital transformation, AI, and the need for organizations to optimize their workspace utilization efficiently.

ZenaTech signed an LOI (Letter of Intent) to acquire a sixth land survey engineering company located in Arizona. Upon completion, this will be the first acquisition in the Southwest Region and will serve as a launchpad to further regional development and the Company’s national DaaS business model bringing the speed and precision of AI drone solutions in a convenient subscription or pay-per-use model for businesses and government users.

ZenaTech, Inc. (NASDAQ: ZENA), has entered into an agreement to acquire Ecker Capital LLC, the holding company for warehouse management software companies InterlinkONE Inc. and Interactive Systems Inc., from ZenaTech’s affiliated company Ameritek Ventures Inc. (OTC: ATVK).

ZenaTech, Inc. (NASDAQ: ZENA), went public with its shares being approved for trading on the NASDAQ on October 1, 2024. Since then, there has been a slew of accomplishments from this AI drone Solutions company.

The company may have an opportunity to rival others like Amazon.com, (NASDAQ: AMZN) Boeing Co., (NYSE: BA) Joby Aviation, Inc., (NYSE: JOBY) Northrop Grumman Corp., (NYSE: NOC) AeroVironment, Inc., (NASDAQ: AVAV) Kratos Defense & Security Solutions, Inc., (NASDAQ: KTOS), Leonardo DRS, Inc. (NASDAQ: DRS) and EHang Holdings, Ltd., (NASDAQ: EH).

Other Stocks to watch:

KULR Technology Group, Inc. (NYSE American: KULR) was just awarded a Navy contract and delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities.

Quantum Stock Focus:

Rigetti Computing, Inc. (NASDAQ: RGTI) is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform.

D-Wave Quantum, Inc. (NYSE: QBTS) develops and delivers quantum computing systems, software, and services worldwide.

IonQ, Inc. (NYSE: IONQ) IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States.

Other related drone companies:

Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) operates as a technology company that addresses the defense, national security, and commercial markets. It operates through two segments, Kratos Government Solutions and Unmanned Systems.

AeroVironment, Inc. (NASDAQ: AVAV) designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally.

Many companies have entered the space such as:

Dragonfly, Inc. (NASDAQ: DPRO)
Safe Pro Group, Inc. (NASDAQ: SPAI)
Red Cat Holdings, Inc. (NASDAQ: RCAT)
Maris-Tech, Ltd. (NASDAQ: MTEK)
AgEagle Aerial Systems, Inc. (NYSE: UAVS)

While even further expanding facilities for the third time in 3 years, 2024 marked the commencement of commercial production of drone products, listing on the NASDAQ Capital Markets, and the set-up of a Turkey facility for more advanced drone testing.

The Commercial Drone market has seen a rise in global adaption due to advancements in technology. By application, the commercial drone market is segmented into agriculture & environment, media & entertainment government, and others.

Commercial Drone market expected to grow at 23.7 CAGR (Compound Annual Growth Rate) through 2030

The Company’s ZenaDrone solutions boasts unique features and functions integrated with intelligent algorithms that can retain and recognize information input to satisfy the demand for technological innovation in various industries, including but not limited to the following:

Agriculture and Farm Plantation
Environmental Monitoring and Conservation
Weather Prediction
Property Management
Search and Rescue Missions
Emergency Services
Livestock Management
Military Industry
Security and Surveillance
Crop Insurance
Architecture and Construction
Film and Media Production
Warehousing and Inventory
Cargo and Logistics
Power Lines and Grids
Renewable Energy
Oil and Gas Industry
City Planning
Industrial Zoning
Mining Industry

According to Verified Market Reports, the global public safety drone market was valued at approximately USD $5.5 billion in 2024, and is projected to surpass $15 billion by 2033. This reflects a compound annual growth rate of more than 12%. This growth is driven by increasing reliance on drones for crowd monitoring, law enforcement support, disaster response, emergency evacuations, and critical infrastructure protection.

In an industry that never stands still, the Global Military Drones Market is projected to reach an impressive US $29.8 Billion by 2030, up from US $13.6 Billion in 2023. Full report here.

Markets & Markets posted the US market and reach depicted below.

The Military Drone Market Size is expected to reach a value of USD 18.0 Billion by 2028, a rise from 13.0 billion in 2023. Full report here.

“We are committed to an innovative product roadmap for the ZenaDrone 1000 to meet evolving defense industry needs for long-endurance drone solutions providing real-time intelligence and versatile mission capabilities while minimizing risks to personnel and operational costs. We look forward to a successful SBIR program submission which would help us build the necessary relationships and a pathway to commercialization and federal contracts,” said CEO, Dr. Shaun Passley Ph.D.

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 land surveying, agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, speed, and precision. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and network of locations through acquisitions.

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 has been used 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 outdoor drone designed for land surveys and inspections use in commercial and defense sectors.

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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, IQ Square and IQ Nano; ZenaTech’s ability to develop products for markets as currently contemplated; 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 and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

Forward-looking statements are based on certain assumptions and analyses made by the management of ZenaTech in light of its experience and understanding of historical trends and current conditions and other factors management believes are appropriate to consider, which are subject to risks and uncertainties. Although ZenaTech’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and actual results may vary materially from the forward-looking information presented. Given these risks and uncertainties underlying the assumptions made, prospective purchasers of ZenaTech’s securities should not place undue reliance on these forward-looking statements.

Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, ZenaTech undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors and to assess in advance the impact of each such factor on ZenaTech’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Potential investors should read this document with the understanding that ZenaTech’s actual future results may be materially different from what is currently anticipated.

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