Business
ZenaTech to Pursue New Investment Opportunities Connected with the Department of War and Office of Strategic Capital Following Reports of Engagement with U.S. Drone Makers
ZenaTech to Pursue New Investment Opportunities Connected with the Department of War and Office of Strategic Capital Following Reports of Engagement with U.S. Drone Makers
About this update from Zenatech, Inc.
[{"type":"text","content":"VANCOUVER, British Columbia, May 29, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (\"ZenaTech\"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it plans to pursue opportunities from the U.S. Department of War, following a recent Wall Street Journal article stating that the Trump administration is in discussions with U.S. drone companies and that it would begin considering new investments in U.S.-based drone manufacturers. As a leading emerging domestic drone manufacturer committed to a National Defense Authorization Act (NDAA)-compliant supply chain, the company believes its ZenaDrone subsidiary is well positioned to support the Defense Department. The Company intends to pursue opportunities aligned with the U.S. government's objectives to expand domestic production, accelerate the deployment of affordable and scalable autonomous systems, and strengthen national security, including initiatives supported through the Office of Strategic Capital (OSC). “These are important opportunities as the demand for more advanced technology increases. We believe our defense platform provides true innovation in the market through our integrated suite of products that offer both flexibility and cost-consciousness, allowing for a leaner, precision-oriented line. We look forward to the opportunity to collaborate with the U.S. Defense Department and the Office of Strategic Capital toward a strategic investment intended to help us drive this technology into the future,” said Shaun Passley, Ph.D., ZenaTech CEO. “We intend to provide updates on our discussions as they develop.” ZenaDrone’s defense portfolio of products includes the ZenaDrone 1000, a medium-sized VTOL (Vertical Takeoff and Landing) cargo drone capable of lifting approximately 40 kg, featuring AI-enabled autonomy and secure communications through its proprietary Drone Net system. Designed for inspection, surveillance, critical cargo delivery, and border patrol applications, the platform is also being developed in a gas-powered version for extended flight duration. The ZenaDrone 1000 has completed paid trials with the U.S. Air Force and Navy Reserve. The IQ Nano, a compact indoor drone designed for GPS-denied environments such as war...