Distributed on behalf of ZenaTech
The drone industry is just starting to take off, creating a unique opportunity for ZenaTech (NASDAQ: ZENA), AeroVironment (NASDAQ: AVAV), Leonardo DRS (NASDAQ: DRS), Ondas Holdings (NASDAQ: ONDS), and Red Cat Holdings (NASDAQ: RCAT).
That’s because drones are quickly becoming an essential tool for the U.S. government, and multi-billion-dollar businesses involved in energy (such as solar), defense, construction, logistics, agriculture, oil and gas, public security and even deliveries.
In addition, drones are creating a potentially massive $355.55 billion Drone as a Service (DaaS) market, which is beneficial for companies, such as ZenaTech (NASDAQ: ZENA), the only company actively delivering on-demand and subscription-based drone solutions that modernize traditional field services, including surveying, inspection, maintenance, power washing, inventory management, and precision agriculture.
Creating More Opportunity, ZenaTech Just Announced the New ZenaDrone IQ Quad Drone to Support Growth in Land Survey, Construction, Urban Planning and Public Works Markets
ZenaTech, Inc. (Nasdaq: ZENA) just announced the launch of the IQ Quad drone, the newest autonomous Vertical Take off and Landing (VTOL) AI drone that is purpose-built for fast and accurate surveys, designed and manufactured by its subsidiary ZenaDrone.
The IQ Quad was developed to serve key survey and mapping markets through the company’s Drone as a Service platform including construction, real estate development, urban planning, and public works customers. Over the coming weeks, the company plans to deploy the IQ Quad across select Drone as a Service locations for on-site integration and testing followed by a wider roll out to it’s US and global DaaS locations.
As noted by Shaun Passley, Ph.D., ZenaTech CEO:
“This launch represents a meaningful step forward in our strategy to deliver purpose-built autonomous AI solutions for high-value, data-intensive industries. Land surveying is a large, growing and underserved market, where speed, accuracy, and repeatability are critical, and the IQ Quad was engineered by ZenaDrone from the ground up to meet those exact requirements. We believe the IQ Quad will significantly improve the productivity of our survey professionals while strengthening our vertically integrated Drone as a Service platform and meaningfully expanding recurring revenue opportunities.”
The IQ Quad is a medium-class, field deployable enterprise quadcopter-design drone for diverse land surveying applications across industries. It supports a range of high-resolution sensors, including 4K cameras, LiDAR, multispectral, and thermal sensors to capture detailed aerial data in complex environments. The IQ Quad is equipped with features such as advanced obstacle detection, terrain-following sensors, and 360-degree situational awareness cameras to enhance safety and performance. This drone platform was designed to deliver comprehensive, survey-grade insights with operational efficiency and versatility. It is engineered to collect highly accurate geospatial data to produce professional-grade land maps and 3D terrain models used in surveying, infrastructure, and development projects.
Fueling even more excitement, industry analysts project the global drone-specific surveying market to be growing at over 19% per year, from $2 billion today, the market could reach over $11B by 2033.
Other analysts project the broader surveying and geospatial services, and mapping market could reach $50B in the next ten years as drone-enriched services and advanced data insights increasingly displacing traditional methods and workflows.
We should also note that by acquiring established, revenue-generating service businesses and upgrading them with advanced drone technology, automation, and data analytics, the company is building a scalable, multi-service DaaS network with immediate cash flow and long-term growth potential.
This strategy enables faster, safer, and more precise service delivery for business and government customers, while creating recurring revenue, operating leverage, and a defensible technology-enabled services platform.
So far, iIn the first year of operation, the company has established 19 US and three international DaaS business locations.
Other related developments from around the markets include:
AeroVironment, a leading provider of underwater robotic systems, announced it has been awarded a $4.8 million United States Coast Guard contract through its wholly owned subsidiary, VideoRay, to deliver Mission Specialist Defender remotely operated vehicles (ROVs) as part of the Service’s Force Design 2028 modernization initiative. The Defender will enhance the Coast Guard’s maritime response capabilities by enabling rapid underwater inspections, pier inspections, hull assessments, subsurface infrastructure surveys, disaster response and search and rescue operations in challenging environments—reducing diver risk while increasing mission safety, operational efficiency, and fleet readiness. “The selection of the Mission Specialist Defender reinforces our ability to deliver proven technology to address the most demanding defense and security missions,” said Chris Gibson, Chief Executive Officer at VideoRay. “Customers have come to depend on VideoRay when failure is not an option. As AV’s maritime pillar, we’re proud to contribute to the organization’s all-domain uncrewed systems strategy to ensure the safety and security of our forces.”
Leonardo DRS announced the successful first on-orbit test of its revolutionary multi-channel software-defined radio (SDR) with integrated advanced cryptography. This milestone marks a significant advance in validating a technology poised to establish a new standard for secure U.S. military satellite data transport at the tactical edge. The eXtended Crypto Module3-Space (XCM3-Space) adapts the company’s next-generation crypto and multi-channel SDR capabilities to the space domain, addressing emerging cyber and electronic warfare threats to military satellite data transport. Leveraging deep expertise in multi-domain secure tactical communications, Leonardo DRS developed this capability to enable high-performance secure satellite communications across multiple frequencies and networks simultaneously.
Ondas Holdings, a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems business unit and private wireless solutions through Ondas Networks, announced its intent to invest up to $11 million in Drone Fight Group (DFG), a Ukrainian developer of advanced unmanned aerial systems. This investment-to be executed through the Company's strategic advisory and investment platform, Ondas Capital-represents Ondas' first planned capital deployment in support of battle-tested Ukrainian defense technologies. DFG is a fast-scaling innovator in high-performance unmanned systems that have been forged and refined through intense combat in Ukraine. DFG's platforms include strike-optimized FPV systems, ISR drones, autonomous mission technologies, and cutting-edge drone simulators. These reflect battlefield models of adaptability, mission effectiveness, and accelerated production cycles.
Red Cat Holdings, a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, announced that its FANG™ FPV drone system has been officially added to the Department of War’s Blue UAS Cleared List. This designation affirms that the complete FANG system, previously pending inclusion, meets the Pentagon’s highest standards for cybersecurity, supply chain integrity, and operational trustworthiness. With full certification, the system is now eligible for streamlined acquisition by the Department of War and other federal agencies, with no need for additional cybersecurity approvals or sourcing waivers. “Blue UAS certification of our full system marks the next phase for FANG,” said Jeff Thompson, CEO of Red Cat. “This not only validates our hardware and engineering, but it also makes it easier for defense and security customers to move fast and confidently with a fully approved, low-cost, American-made FPV drone. We’re proud to deliver a platform that meets the highest standards and is ready to scale where and when it’s needed.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for ZenaTech by ZenaTech. We own ZERO shares of ZenaTech. Please click here for full disclaimer.
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