ZenaTech, Inc. (Nasdaq:
$ZENA ) announced its Drone as a Service business has entered the solar surveying market with two contract awards totaling more than
$110,000 for solar school campus and municipal projects. A third project valued at about
$60,000 is expected to be awarded within 90 days, and management expects about
$600,000 in revenue from the client over the next 12 months.
ZenaTech, Inc. is a B2i Digital Featured Company. See the company's in-depth profile at: https://b2idigital.com/zenatech-1
School project work is under way, and once panels are installed, the opportunity shifts to recurring service:
• Field data capture is complete at the first six school sites, now in processing
• Management believes a drone can capture a full 10-acre campus in the same time a static scan takes for a 2-acre parking lot, or less. ZenaTech is running a proof of concept on three of the sites, two of them complete
• Solar clients are already asking about infrared drone inspections and panel cleaning, work ZenaTech plans to offer with its IQ Square
The contracts cover as-built surveys of school parking lots where solar canopies will be built over parking stalls.
"Solar developers can’t design a single array until they have precise site data, and that first survey is where drones change the economics," said Shaun Passley, Ph.D., ZenaTech CEO.
Read the full release: https://www.zenatech.com/zenatechs-drone-as-a-service-enters-solar-surveying-market-with-u-s-school-contract-wins-targeting-600000-in-revenue-from-first-solar-client/
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
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David Shapiro, Chief Executive Officer of B2i Digital, personally purchased in the open market and currently owns shares of unrestricted ZENA stock, in line with B2i Digital’s practice of investing alongside its Featured Companies. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security. See the complete Disclosure at https://b2idigital.com/disclaimer.
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