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- $113.8MMarket Cap
- -70.84%1-Year Change
- Software - InfrastructureIndustry
ZENATECH (ZENA)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 21
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
ZenaTech completed its acquisition of Velocity Geomatics in July 2026, entering the Canadian oil and gas drone services market amid a 45% increase in crude oil prices and USD 500 billion in expected energy sector investments over the next decade. The company expects sustained demand for drone-based surveying, inspection, and environmental compliance services driven by increased producer cash flow and regulatory requirements.
07/30/2026, 1:42 PM • GlobeNewswire
ZenaTech's subsidiary ZenaDrone has begun scheduling technology demonstrations with U.S. government defense agencies, starting with its first confirmed demonstration. The company plans to showcase three drone platforms including the ZenaDrone 1000 VTOL, IQ Nano indoor drone, and IQ Square inspection drone. ZenaDrone is advancing through Blue UAS certification with cybersecurity testing planned for summer 2026, positioning the company for future government pilot programs and acquisition opportunities.
07/21/2026, 3:56 PM • GlobeNewswire
ZenaTech's ZenaDrone subsidiary is transitioning its drone portfolio from testing to live capability demonstrations with U.S. government defense agencies, starting with the IQ Nano indoor drone. The company is advancing three drone platforms (ZenaDrone 1000, IQ Nano, and IQ Square) toward market readiness while progressing through Blue UAS certification. Additionally, ZenaTech completed its 25th acquisition with Velocity Geomatics Inc., expanding its Drone as a Service offerings into environmental and regulatory services for the oil and gas sector.
07/21/2026, 7:45 AM • GlobeNewswire
ZenaTech has signed multiple acquisition offers for surveying and geospatial services companies in the U.S., Canada, and Australia, expected to contribute approximately C$40 million in revenue within 12 months of closing. The acquisitions align with ZenaTech's strategy to transform traditional service businesses into Drones as a Service (DaaS) models, leveraging the rapidly growing drone services market projected to reach $261 billion by 2034.
07/14/2026, 6:33 PM • GlobeNewswire
ZenaTech (Nasdaq: ZENA) announced it will participate in six investor and defense industry events over the next three months to showcase its AI-powered drone solutions, Drone as a Service business, and defense capabilities. The company reported an annualized revenue run rate of approximately CAD $33 million based on Q1 2026 results. Events include virtual investor conferences, public safety expos, family office summits, and international defense exhibitions across North America and Europe.
07/02/2026, 8:00 AM • GlobeNewswire
ZenaTech announced an annualized revenue run rate of approximately CAD $33 million based on Q1 2026 results of CAD $8.3 million, driven by completed DaaS (Drone as a Service) acquisitions and drone workflow integration. The company launched an acquisition program targeting profitable, founder-led companies in defense technology, enterprise SaaS, AI infrastructure, and specialized manufacturing sectors.
06/30/2026, 9:50 PM • GlobeNewswire
ZenaTech announced an annualized revenue run rate of approximately CAD $33 million based on Q1 2026 results of CAD $8.3 million. The company attributes this growth to completed DaaS acquisitions and drone workflow integration. CEO Shaun Passley noted the figure represents a baseline, with expectations for additional revenue contributions from acquisitions completing full-year cycles and an active Partnership Acquisition Program targeting profitable companies in defense technology, enterprise SaaS, AI infrastructure, and specialty manufacturing.
06/30/2026, 7:45 AM • GlobeNewswire
ZenaTech announced it has signed an offer to acquire an established Western Canadian land surveying company to expand its Drone-as-a-Service (DaaS) operations in geospatial sectors including utilities, forestry, agriculture, and government. The acquisition aligns with ZenaTech's North American expansion strategy and capitalizes on Canada's progressive Beyond Visual Line of Sight (BVLOS) regulatory framework. The Canadian drone market is projected to grow from $4.5 billion in 2025 to over $11 billion by 2033.
06/11/2026, 8:00 AM • Benzinga
ZenaTech, Inc. (Nasdaq: ZENA) has been added to the Russell 3000® Index effective June 29, 2026, reflecting the company's continued growth and increased market capitalization. The inclusion is expected to enhance the company's credibility and visibility among institutional investors, ETFs, and index funds. ZenaTech specializes in AI-powered drone platforms, Drone-as-a-Service (DaaS), enterprise SaaS software, and quantum computing solutions.
06/09/2026, 8:57 AM • GlobeNewswire
ZenaTech announced Q1 2026 revenues of $8.4 million CAD, representing a 640% increase from Q1 2025, primarily driven by its Drone-as-a-Service (DaaS) division which contributed $7.8 million. The company expanded to 26 DaaS locations across 10 U.S. states, Canada, UK, and Australia through 23 acquisitions, while advancing Counter-UAS defense technologies and maintaining $15 million in cash and marketable securities.
06/03/2026, 8:59 PM • GlobeNewswire
ZenaTech announced plans to seek investment opportunities with the U.S. Department of Defense and Office of Strategic Capital following reports of Trump administration engagement with American drone manufacturers. The company believes its ZenaDrone subsidiary is well-positioned to support defense objectives through its portfolio of autonomous drone platforms, including the ZenaDrone 1000 cargo drone and counter-UAS technologies, which have already completed testing with U.S. Air Force and Navy Reserve.
05/29/2026, 9:51 AM • GlobeNewswire
Drone Service Market Expected to Reach US$ 256.09 Billion at 25.69% CAGR Over the 2025 - 2034
The global drone service market is experiencing rapid growth, valued at $32.72 billion in 2025 and projected to reach $256.09 billion by 2034. Asia Pacific leads with over 40% market share, while North America holds 26%. Key growth drivers include infrastructure development, precision agriculture adoption, and advancements in AI and automation. Real estate/infrastructure and surveillance/inspection segments dominate, with rotary-wing drones growing fastest at 27.2% CAGR. However, strict regulatory restrictions remain a significant barrier to expansion.
05/22/2026, 1:47 AM • GlobeNewswire
Drones-Led Disruption Accelerates as Commercial Adoption Surges Across Industrial Markets
The Drone-as-a-Service (DaaS) market is experiencing rapid growth across industrial sectors including construction, agriculture, energy, and infrastructure inspection. The global DaaS market is estimated at $6-8 billion in the mid-2020s and projected to reach $25+ billion within a decade. Key developments include ZenaTech's acquisition of an Alberta-based surveying company for oil and gas services, Draganfly's counter-drone system contract with Army Research Laboratory, Quantum Cyber's autonomous ground vehicle patent filing, Red Cat's acquisition of wireless power technology company Quaze, and Safe Pro's AI threat detection collaboration with Lantronix.
05/21/2026, 9:30 AM • Benzinga
ZenaTech announced a binding agreement to acquire a Brisbane-based Australian land surveying and spatial services firm, marking its 22nd DaaS acquisition and first major expansion into Australia. The acquisition will establish a three-office footprint in Queensland and serve as a launchpad into the Asia-Pacific region, strengthening the company's presence in infrastructure, public works, and natural resources sectors.
05/07/2026, 7:45 AM • Benzinga
ZenaTech reported record revenue growth of 558% year-over-year to $12.9 million CAD for full year 2025, driven primarily by its new Drone-as-a-Service (DaaS) segment which generated $10.1 million in its first full year of operations. The company completed 20 acquisitions, expanded to 24 DaaS locations globally, and made significant progress in defense technology development including counter-UAS systems. Total assets grew 188% to $99.8 million, though the company reported a net loss of $45.2 million reflecting heavy investment in DaaS launch and drone product development.
05/05/2026, 1:53 PM • GlobeNewswire
Peers
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MoreInformation as of 07/31/2026
Company Profile
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada, South Korea, the United Kingdom, North America, Europe, Taiwan, and the United Arab Emirates. It provides cloud-based enterprise software solutions for the medical records industry; software solutions for the automated facility management and contact center industry; safety and compliance management software and mobile solutions; field service management software and mobile solutions; browser-based enterprise software applications for public safety; and quantum computing solutions. The company also engages in the manufacturing, sale, and distribution of drones. The company serves businesses, government agencies, healthcare providers, educational institutions, law enforcement, infrastructure operators, agricultural enterprises, and commercial and industrial customers. ZenaTech, Inc. was formerly known as ZenaDrone, Inc. and changed its name to ZenaTech, Inc. on October 5, 2020. The company was incorporated in 2017 and is based in Vancouver, Canada.
Key Executives
- Shaun A. Passley
- James A. Sherman
- Linda Montgomery
- Simon Henry
- Craig E. Passley
Current Ownership Distribution
- Other52.6M (85.13%)
- Institutions6.8M (10.94%)
- Insiders1.9M (3.07%)
- Mutual Funds533,430 (0.86%)