ZenaTech, Inc., a leader in AI drone solutions and enterprise SaaS, has received approval to list its common shares on the Nasdaq Capital Market, trading under the ticker symbol 'ZENA' starting October 1st, 2024. This milestone is expected to significantly impact the company's trajectory, offering new avenues for growth and visibility in the tech sector.
Dr. Shaun Passley Ph.D., CEO of ZenaTech, highlighted the listing as a crucial step towards advancing the company's drone solutions, which integrate software and hardware innovations for various applications. The move to Nasdaq is anticipated to provide ZenaTech with the capital necessary for organic growth, strategic acquisitions, and the expansion of its ZenaDrone manufacturing and distribution efforts.
The company's focus on AI and machine learning within drone technology places it at the forefront of two rapidly evolving industries. ZenaTech's ZenaDrone subsidiary specializes in autonomous business drones equipped with advanced technologies for industrial surveillance, monitoring, and process automation, catering to over 100 enterprise software customers.
With the global drone market poised for substantial growth, ZenaTech's Nasdaq listing could not only bolster its market position but also drive innovation in AI-driven drone technology. This development has the potential to influence various sectors, including law enforcement, agriculture, and logistics, by introducing new applications and advancements.
As ZenaTech prepares for its Nasdaq debut, the tech industry is keenly observing the potential implications of this listing. The increased access to capital and heightened market presence may accelerate the development of cutting-edge drone technologies, offering transformative solutions across multiple industries.
