ZenaTech, Inc. (NASDAQ: ZENA) has experienced an extraordinary surge in stock value, continuing its upward momentum in the pre-market session with a 74.92% rise to $11.23. This follows a remarkable 258.66% increase in the previous trading day, where shares closed at $6.42. The surge is attributed to a significant partner agreement, signaling promising developments for the company.
Strategic Agreements Drive Growth
Last week, ZenaTech finalized agreements with Blue Unmanned Aerial Systems (UAS) and compliance partners adhering to the US National Defense Authorization Act (NDAA). These agreements enable ZENA to integrate NDAA-compliant components into its ZenaDrone 1000 AI drone solutions, paving the way for sales to U.S. Defense branches and NATO forces.
These partnerships were catalyzed by ZenaTech’s participation in a Taiwan Trade Mission, organized by the Arizona Commerce Authority (ACA), underscoring the company’s strategic global outreach. ZenaTech’s ZenaDrone subsidiary has already conducted paid trials with the U.S. Air Force and Naval Research, demonstrating the capability of its drones to transport critical field cargo, including medical supplies like blood.
Compliance with NDAA and UAS Standards
By aligning its supply chain with NDAA standards, ZenaTech ensures its drone technology meets strict U.S. federal cybersecurity and sourcing requirements. NDAA compliance mandates that components, such as chipsets and cameras, avoid sourcing from restricted Chinese manufacturers. ZENA’s efforts to achieve Green UAS and Blue UAS certifications mark key milestones in its strategy to secure military contracts.
The Blue UAS program represents the U.S. government’s stringent supplier approval process for drone manufacturers meeting cybersecurity and supply chain standards. The Green UAS program offers a more streamlined alternative, focusing on speed and reduced restrictions on manufacturing origins.
Demonstrations and Future Outlook
Leveraging its relationship with the Arizona Commerce Authority, ZenaTech plans to conduct drone demonstrations for the Department of Defense (DoD) in the Arizona desert near its Phoenix offices. These demonstrations aim to showcase the capabilities of the ZenaDrone 1000 and further cement ZENA’s position as a key player in the defense technology sector.
With robust partnerships, compliance achievements, and a strategic trajectory, ZenaTech is poised for sustained growth in the military and defense market.
