ZenaTech Receives FAA Approval to Conduct Commercial Agricultural Operations
ZenaTech, a technology company specializing in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, has received approval from the Federal Aviation Administration (FAA) to conduct commercial agricultural operations under the rules and regulations of 14 CFR Part 137 for crop spraying and precision agriculture. This approval marks a significant milestone for ZenaTech, as it enables the company to commence final testing and deployment of the ZenaDrone 1000 drone for aerial spraying of pesticides, herbicides, fungicides, fertilizers, and seeds for agricultural, environmental, and government customers. **Key Benefits of the ZenaDrone 1000**
The ZenaDrone 1000 is an autonomous drone, designed with a VTOL (Vertical Takeoff and Landing) quadcopter design, featuring a total of eight rotors on its two fixed wings. This design provides stable flight, maneuverability, heavy lift capabilities up to 40 kilos, and incorporates innovative software technology, AI, sensors, and purpose-built attachments for crop spraying, along with rugged and compact hardware featuring foldable wings that enable the drone to fit into the back of a truck. **Market Growth and Demand**
The global agriculture drone market is projected to grow from USD 6.10 billion in 2024 to USD 23.78 billion by 2032, at a compound annual growth rate (CAGR) of 18.5%. This growth reflects a growing demand for precision agriculture, advances in drone technology, cost-effectiveness, government support, and incentive programs, as well as growing awareness and education. **ZenaTech’s DaaS Business Model**
ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of service solutions, including land surveys, power line inspections, or power washing. The DaaS model will offer customers a convenient and cost-effective way to access drones for eliminating manual or time-consuming tasks, achieving superior results, and improving efficiency. **About ZenaTech**
ZenaTech is a technology company specializing in AI drones, 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. **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. The ZenaDrone 1000 drone is used for crop management applications in agriculture, while the IQ Nanoindoor drone is used for inventory management and security in the warehouse and logistics sectors. **Investor Contact**
For more information, please contact:
Linda Montgomery
312-241-1415
investors@zenatech.com
**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.
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