Following the news of a large patent purchase, the stock price of ZenaTech, Inc. (NASDAQ: ZENA) has increased significantly. According to the most recent sources, ZENA’s stock price jumped 27.68% to $2.25. The deliberate effort by its subsidiary, ZenaDrone, to get a new U.S. Design Patent for an inventive second-generation drone design, improving its ZenaDrone 1000 model, is responsible for this noteworthy increase.
Obtaining Patents for Improved Drone Design
In November 2023, the U.S. Patent and Trademark Office awarded ZenaDrone a new patent (US D1,005,883 S), marking a major improvement in the company’s technology. In order to increase the drone’s cargo capacity and flying duration, the patent incorporates enhancements over the original drone design.
These adjustments are necessary to increase the drone’s use in more sectors. Modern features like revolving arms that enable rotors to change angles, using wind energy to glide, and conserving electricity for longer flights are also covered by the patent.
The drone’s fuselage has also been altered to make it more aerodynamic and able to carry payloads of up to 80 pounds, which is a substantial increase from the previous 20 pounds. This increased capability creates new applications for the drone in fields including planting, spraying, and freight carrying.
Strategic Importance of Patent Expansion
Expanding its patent portfolio is a key component of ZenaTech’s strategy to safeguard its proprietary drone technologies while increasing the company’s assets. The newly acquired patent is vital for improving the ZenaDrone 1000’s performance, particularly in industries such as agriculture, defense, and utilities. With applications in crop management, military logistics, and other specialized fields, the demand for the ZenaDrone 1000 continues to grow.
Advanced Drone Technology for Diverse Applications
The ZenaDrone 1000, an autonomous quadcopter featuring eight rotors, is designed for durability, stability, and heavy-lift capabilities. Its compact design incorporates advanced software, artificial intelligence, sensors, and rugged hardware tailored for industrial use. The drone has been successfully deployed in smart farming for crop management and is currently being tested by the U.S. military for critical medical supply deliveries.