Draganfly Partners with Smith Myers to Deploy Drones for Search and Rescue
Draganfly announces the deployment of Draganfly drones integrated with Smith Myers, ARTEMIS Mobile Phone Detection & Location Systems, MPDLS, for search and rescue operations. "Completing the full integration of ARTEMIS MPDLS across several Draganfly UAS platforms demonstrates how quickly we can deliver robust, operational capability into the uncrewed space. Starting with SAR missions alongside SAR Sweden, these systems are now positioned to support a wide range of demanding operational roles. It's an important milestone for both companies and for the customers we serve," said Andrew Munro, Managing Director of Smith Myers. "We are proud to join forces with SAR Sweden and Smith Myers to deliver next-generation aerial SAR capabilities. Our UAV platforms, combined with the Smith Myers payload architecture, offer exceptional flexibility and mission readiness. This collaboration reinforces Draganfly's commitment to supporting organizations dedicated to saving lives," said Cameron Chell, CEO, Draganfly.
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U.S. Congress Passes $839 Billion Defense Budget
- Defense Budget Increase: The U.S. Congress has passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion specifically allocated for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch increasing its AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent technologies.
- Quantum Computing Platform Development: VisionWave Holdings has entered into a $10 million Statement of Work to develop a cryptocurrency mining acceleration platform based on QuantumSpeed, with full revenue recognition expected in 2026, aimed at reducing mining costs by optimizing existing infrastructure and enhancing unit economics.
- Drone Cleaning Solutions: VisionWave's subsidiary, Solar Drone, is advancing business development for drone cleaning solutions in Italy, showcasing the real-world performance of its patented high-pressure drone payload system, further solidifying its growth potential in Middle Eastern markets.
Congress Passes $839 Billion Defense Budget for 2026
- Defense Budget Increase: Congress passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion allocated specifically for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch boosting AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent combat capabilities.
- Quantum Computing Platform Development: VisionWave Holdings signed a $10 million Statement of Work to develop the qSpeed-Mine platform, aimed at significantly reducing mining costs by optimizing existing infrastructure scheduling and coordination, with full revenue recognition expected in 2026.
- Drone Cleaning Solutions: VisionWave's subsidiary Solar Drone conducted live demonstrations of its high-pressure drone cleaning system in Italy, advancing business development in select Middle Eastern markets, showcasing the company's technological strength and market expansion potential in the unmanned systems sector.
MarketBeat Weekly Recap – February 9 to February 13
Market Overview: Stocks are under pressure despite cooler-than-expected inflation readings, with investors focusing on valuations, particularly in the artificial intelligence sector, as earnings season reveals strong numbers from major players.
AI Impact on Jobs: Concerns are growing about the impact of AI on the job market, leading to a circular debate among investors regarding future interest rate cuts and stock valuations.
Earnings Season Insights: Major companies in the AI trade are posting strong earnings, which may influence stock prices positively, while the overall outlook for stocks remains bullish.
Investment Opportunities: Analysts highlight specific stocks, including those in the insurance and energy sectors, as potential buys, while cautioning investors about the risks associated with tech stocks and the broader market's direction.
Draganfly Emerges as a Major Defense Drone Partner Sooner Than Anticipated
Drone Industry Growth: 2026 is anticipated to be a breakthrough year for drone companies as various industries shift towards unmanned operations, with shares of drone companies already showing promising growth.
Draganfly's Strategic Partnerships: The small drone firm Draganfly is gaining traction in military applications and is engaging in strategic partnerships to leverage its influence, including a recent contract with the U.S. Air Force.
International Expansion: Draganfly is expanding its international business, particularly in the Asia-Pacific region and Europe, through partnerships that enhance its capabilities in defense and rescue operations.
Production Capacity Increase: The company is ramping up its production capacity to meet anticipated demand from military partners, aiming to reach $100 million in production by 2026 while addressing external challenges like tariffs and supply chain concerns.
ZenaTech Launches Drone Survey Services for Golf Courses
- Market Demand Surge: The global drone services market is projected to exceed $30 billion by 2026, driven by strong adoption of survey and mapping applications, creating predictable revenue streams and scalable growth opportunities for DaaS providers.
- Golf Course Service Expansion: ZenaTech launches golf course survey services in Florida with plans for nationwide expansion, leveraging advanced drone mapping and analytics to deliver faster and more efficient services that address complex environmental challenges.
- Technological Integration Advantage: By acquiring established, profitable service companies, ZenaTech is building a global multi-service DaaS network aimed at enhancing service quality and operational efficiency through drone innovation while reducing capital costs for clients.
- Industry Leadership Position: ZenaTech's drone service platform offers on-demand or subscription-based rapid services for business and government clients, expected to further solidify its leadership in the drone industry through ongoing technological advancements and growing market demand.
ZenaTech Expands Golf Course Survey Services Across Florida
- Growing Market Demand: The global drone services market is projected to exceed $30 billion by 2026, driven by strong adoption of surveying and mapping applications, indicating a sustained demand from businesses for efficient data collection and analysis, thereby creating predictable revenue streams for DaaS providers.
- Launch of Golf Survey Services: ZenaTech has initiated golf course survey services in Florida with plans for nationwide expansion, having completed drone-enabled surveys for five championship-level golf courses in the past year, showcasing its technical capabilities and market potential in complex environments.
- Enhanced Technological Advantage: By utilizing advanced drone mapping and analytics, ZenaTech's services can deliver accurate topographic and vegetation health data faster and more efficiently than traditional ground surveys, significantly improving the quality and speed of client decision-making.
- Strategic Expansion Plans: ZenaTech aims to build a global multi-service DaaS network by acquiring established, profitable service companies, intending to enhance service efficiency and reduce operational costs through drone innovation, thereby gaining a competitive edge in a crowded market.
U.S. Congress Passes $839 Billion Defense Budget
- Defense Budget Increase: The U.S. Congress has passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion specifically allocated for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch increasing its AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent technologies.
- Quantum Computing Platform Development: VisionWave Holdings has entered into a $10 million Statement of Work to develop a cryptocurrency mining acceleration platform based on QuantumSpeed, with full revenue recognition expected in 2026, aimed at reducing mining costs by optimizing existing infrastructure and enhancing unit economics.
- Drone Cleaning Solutions: VisionWave's subsidiary, Solar Drone, is advancing business development for drone cleaning solutions in Italy, showcasing the real-world performance of its patented high-pressure drone payload system, further solidifying its growth potential in Middle Eastern markets.
Congress Passes $839 Billion Defense Budget for 2026
- Defense Budget Increase: Congress passed an $839 billion defense spending bill, marking the Pentagon's first full-year appropriation since fiscal 2024, with $9.8 billion allocated specifically for autonomous and unmanned systems, highlighting a commitment to modern military technology.
- IT Budget Growth: The Department of Defense's IT budget reached $66 billion, reflecting an $1.8 billion increase from 2025, with every service branch boosting AI allocations, particularly the Navy, which added $308 million, a 22.7% year-over-year increase, indicating a pressing demand for intelligent combat capabilities.
- Quantum Computing Platform Development: VisionWave Holdings signed a $10 million Statement of Work to develop the qSpeed-Mine platform, aimed at significantly reducing mining costs by optimizing existing infrastructure scheduling and coordination, with full revenue recognition expected in 2026.
- Drone Cleaning Solutions: VisionWave's subsidiary Solar Drone conducted live demonstrations of its high-pressure drone cleaning system in Italy, advancing business development in select Middle Eastern markets, showcasing the company's technological strength and market expansion potential in the unmanned systems sector.
MarketBeat Weekly Recap – February 9 to February 13
Market Overview: Stocks are under pressure despite cooler-than-expected inflation readings, with investors focusing on valuations, particularly in the artificial intelligence sector, as earnings season reveals strong numbers from major players.
AI Impact on Jobs: Concerns are growing about the impact of AI on the job market, leading to a circular debate among investors regarding future interest rate cuts and stock valuations.
Earnings Season Insights: Major companies in the AI trade are posting strong earnings, which may influence stock prices positively, while the overall outlook for stocks remains bullish.
Investment Opportunities: Analysts highlight specific stocks, including those in the insurance and energy sectors, as potential buys, while cautioning investors about the risks associated with tech stocks and the broader market's direction.
Draganfly Emerges as a Major Defense Drone Partner Sooner Than Anticipated
Drone Industry Growth: 2026 is anticipated to be a breakthrough year for drone companies as various industries shift towards unmanned operations, with shares of drone companies already showing promising growth.
Draganfly's Strategic Partnerships: The small drone firm Draganfly is gaining traction in military applications and is engaging in strategic partnerships to leverage its influence, including a recent contract with the U.S. Air Force.
International Expansion: Draganfly is expanding its international business, particularly in the Asia-Pacific region and Europe, through partnerships that enhance its capabilities in defense and rescue operations.
Production Capacity Increase: The company is ramping up its production capacity to meet anticipated demand from military partners, aiming to reach $100 million in production by 2026 while addressing external challenges like tariffs and supply chain concerns.
ZenaTech Launches Drone Survey Services for Golf Courses
- Market Demand Surge: The global drone services market is projected to exceed $30 billion by 2026, driven by strong adoption of survey and mapping applications, creating predictable revenue streams and scalable growth opportunities for DaaS providers.
- Golf Course Service Expansion: ZenaTech launches golf course survey services in Florida with plans for nationwide expansion, leveraging advanced drone mapping and analytics to deliver faster and more efficient services that address complex environmental challenges.
- Technological Integration Advantage: By acquiring established, profitable service companies, ZenaTech is building a global multi-service DaaS network aimed at enhancing service quality and operational efficiency through drone innovation while reducing capital costs for clients.
- Industry Leadership Position: ZenaTech's drone service platform offers on-demand or subscription-based rapid services for business and government clients, expected to further solidify its leadership in the drone industry through ongoing technological advancements and growing market demand.
ZenaTech Expands Golf Course Survey Services Across Florida
- Growing Market Demand: The global drone services market is projected to exceed $30 billion by 2026, driven by strong adoption of surveying and mapping applications, indicating a sustained demand from businesses for efficient data collection and analysis, thereby creating predictable revenue streams for DaaS providers.
- Launch of Golf Survey Services: ZenaTech has initiated golf course survey services in Florida with plans for nationwide expansion, having completed drone-enabled surveys for five championship-level golf courses in the past year, showcasing its technical capabilities and market potential in complex environments.
- Enhanced Technological Advantage: By utilizing advanced drone mapping and analytics, ZenaTech's services can deliver accurate topographic and vegetation health data faster and more efficiently than traditional ground surveys, significantly improving the quality and speed of client decision-making.
- Strategic Expansion Plans: ZenaTech aims to build a global multi-service DaaS network by acquiring established, profitable service companies, intending to enhance service efficiency and reduce operational costs through drone innovation, thereby gaining a competitive edge in a crowded market.
