on ZenaTech Inc. (isin : CA98936T2083)
ZenaTech Reports 15% Revenue Growth in Q3 2024
ZenaTech Inc., a leader in AI drone and enterprise SaaS solutions, announced a 15% revenue increase for Q3 2024. This growth, amounting to $166,886, marks a key achievement during the company’s first quarter as a Nasdaq-listed entity.
Noteworthy developments include ZenaDrone, a ZenaTech subsidiary, receiving FAA approval for its ZenaDrone 1000. This drone, tested in Arizona, is employed for land surveying and monitoring. Additionally, the company launched the IQ Nano, an indoor AI drone for inventory management, already in trials with a multinational auto parts manufacturer.
ZenaTech's strategic acquisitions of four software companies aim to enhance its drone capabilities. The company also advanced its global reach with the establishment of a manufacturing facility in Taiwan and the cross-listing of shares on the Frankfurt Stock Exchange.
R. H.
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