ZenaTech Completes 20th Acquisition, Expanding Drone Services Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Source: PRnewswire
- Market Growth Potential: The U.S. Drone as a Service market is projected to reach $8.2 billion by 2026, up from $6.3 billion in 2024, reflecting strong demand from agriculture, construction, and logistics sectors.
- Successful Acquisition Strategy: ZenaTech has completed its 20th acquisition of L.D. King, Inc., further solidifying its market presence in California for drone solutions, particularly in wildfire management and public works, enhancing service capabilities in high-risk areas.
- Global Market Outlook: The global drone services market is expected to grow from $18.58 billion in 2024 to $64.96 billion by 2029, with a CAGR of 28.43%, indicating widespread application potential across multiple industries.
- Innovation-Driven Growth: ZenaTech's drone service platform offers clients on-demand or subscription-based access to rapid drone services, reducing capital expenditures and operational burdens, thereby modernizing traditional industries.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on ZENA
Wall Street analysts forecast ZENA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZENA is 7.00 USD with a low forecast of 7.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.050
Low
7.00
Averages
7.00
High
7.00
Current: 4.050
Low
7.00
Averages
7.00
High
7.00
About ZENA
ZenaTech, Inc. is a technology company specializing in artificial intelligence (AI) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. It operates in software development technology, sales, and distribution, and drone manufacturing, sales, and distribution. Its software products are operated through ZenaTech, PacePlus, SystemView, ZigVoice, WorkAware, TillerStack and PsPortals while it pursues its drone business through ZenaDrone. Its drone technology solutions include ZenaDrone 1000, IQ Nano and IQ Square. The ZenaDrone 1000 is a drone that combines software technology and custom hardware components. ZenaDrone 1000 is used for video surveillance and inspections within industries, such as utilities, pipelines, construction, agriculture, wildlife management and large structure maintenance. The ZenaDrone IQ series is designed for indoor hovering with autonomous inspection and monitoring capabilities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
International Drone Market Enters Growth Phase
- Market Growth Forecast: The global drone market is projected to grow from $44.3 billion in 2025 to $53.45 billion in 2026, with expectations to exceed $111 billion by 2030, reflecting strong momentum driven by technological advancements and broader adoption across sectors.
- Manufacturing Capability Enhancement: ZenaTech's Taiwan-based Spider Vision Sensors facility is being configured for National Defense Authorization Act-compliant production lines, which is expected to enhance supply chain resilience and meet increasing market demand, solidifying the company's leadership in the U.S. market.
- Strategic Partnership Agreement: Lantronix has signed a Memorandum of Understanding with Safe Pro Group to jointly develop new embeddable chipsets, enhancing real-time intelligence capabilities for drones and autonomous systems, thereby boosting market competitiveness.
- Government Contract Opportunities: AeroVironment has secured a $75 million task order from the U.S. Air Force aimed at modernizing defense systems through the development of next-generation biotechnology and materials science, demonstrating the company's ongoing investment and growth potential in the defense sector.
Continue Reading
ZenaTech Advances Quantum Computing Hardware Platform, Prototype Expected by 2026
- Quantum Market Growth: According to MarketsAndMarkets, the quantum computing market is projected to grow from $3.52 billion in 2025 to $20.20 billion by 2030, with a CAGR of 41.8%, highlighting significant potential and investment opportunities in this sector.
- ZenaTech Prototype Progress: ZenaTech is developing a proprietary quantum computing hardware platform, with a five-qubit prototype expected to be completed in 2026, which will provide robust support for U.S. defense and security applications, enhancing data processing and real-time decision-making capabilities.
- AI and Quantum Integration: The quantum computing platform will integrate with AI technologies to optimize real-time data analysis in agriculture, logistics, and infrastructure, directly driving revenue growth and enhancing market competitiveness.
- Defense Application Prospects: Advances in quantum computing are set to significantly improve the speed, precision, and autonomy of drones, enhancing capabilities for defense ISR missions and meeting modern military demands for rapid and accurate intelligence.
Continue Reading