ZenaTech, Inc. (NASDAQ: ZENA) shares are witnessing a notable surge, rising 9.13% in pre-market trading to $2.39 as of the last check. ZENA stock surge today is fueled by the announcement of its first-quarter financial results for 2025.
Revenues Nearly Double
ZenaTech reported $1.13 million in total sales, which is a noteworthy 92% increase over $591,379 in the same quarter of 2024. Both strategic acquisitions and organic development in its software and drone sectors were credited with this outstanding performance.
The Drone Segment Gains Traction
ZenaTech’s Drone-as-a-Service (DaaS) business was formally launched during the quarter, highlighting the company’s goals to expand both domestically and internationally.
The acquisitions of KJM Land Surveying in Florida and Weddle Surveying in Oregon propelled the segment’s quick growth. In keeping with its aggressive development plan in the drone services sector, the business has signed five Letters of Intent (LOIs) for additional acquisitions.
Software and Global Manufacturing Advancements
ZenaTech also strengthened its enterprise SaaS segment with the acquisition of UK-based Othership, a workplace management software provider. The move supports the company’s broader vision to integrate workplace AI and quantum computing solutions for enterprise and government clients.
Meanwhile, investments were made to enhance ZenaDrone’s manufacturing capabilities in the UAE, including the recruitment of 35 engineers and the opening of a drone testing site in Turkey for beyond-visual-line-of-sight evaluations.
Product Innovation and Defense Readiness
Regarding product development, ZenaTech moved its IQ Square drone from prototype to manufacture and completed the third-generation production model of the ZenaDrone 1000. Progress was also made on a heavy-lift, gas-powered ZD 1000 model tailored for U.S. defense applications, along with trials of a high-density drone battery and a proprietary communication system.
Efforts are underway to achieve Green UAS and subsequently Blue UAS certification to meet U.S. military requirements. The firm also expanded operations at its Taiwan-based Spider Vision Sensors subsidiary, where Blue UAS-certifiable drone sensors are now in development.
ZenaTech’s strong performance and continued strategic execution affirm its position as a disruptive force in both the drone and software sectors, with plans to pursue over 20 additional acquisitions within the next year.
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