ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"),
a technology company specializing in AI (Artificial Intelligence)
drones, Drone as a Service (DaaS), enterprise SaaS and Quantum
Computing solutions, announces positive results from initial
testing and an update on its Quantum Computing Sky Traffic project.
An initial test using the Company’s AI algorithms and quantum
computing to predict weather has resulted in a high level of
accuracy for the parameters tested including actual temperatures
verses predicted temperatures in the test which used 2016 data.
Due in part to these encouraging results,
ZenaTech is now growing its internal team over the next two months.
As part of the ramp up, the Company is adding additional quantum,
AI and hardware engineers, and optimization specialists and is
engaged in recruiting staff from physics facilities at
international universities, including researchers, instructors, and
Ph.D. candidates.
“The Sky Traffic project leverages AI and
quantum computing to process vast data streams to improve the
accuracy and speed of weather forecasting that can also apply to
the innovation of many other commercial and defense applications
utilizing drones. Our hiring strategy focuses on assembling a
multidisciplinary team of quantum and AI specialists, and hardware
and aerospace engineers to help us revolutionize autonomous drones.
By combining quantum algorithms with advanced machine learning, we
can optimize navigation, decision-making, and real-time data
processing for next-generation aerial intelligence,” said CEO Shaun
Passley, Ph.D.
ZenaTech launched the Sky Traffic project in
November 2024, which will utilize its AI drones, quantum computing,
and specialized quantum and AI teams to develop and test advanced
applications for traffic management, weather forecasting, wildfire
management and defense applications using large datasets, Amazon
Web Services, and computing devices and platforms.
AI Drones are used in weather forecasting to
collect real-time atmospheric data from hard-to-reach areas, such
as storm systems or remote regions, providing valuable input for
weather models. Quantum computers can then analyze this vast and
complex data much faster and more accurately, improving weather
predictions and enhancing the ability to forecast extreme events
like hurricanes, tornadoes, or wildfires.
AI and quantum computing can work together to
make defense drones smarter, faster, and more efficient using a
single drone or a swarm of multiple drones. AI helps drones analyze
data, recognize objects, and make decisions on their own, while
quantum computing can process massive amounts of information much
faster than regular computers. For example, a defense drone using
AI can detect enemy movement, but adding quantum computing allows
it to analyze complex battlefield data instantly and find the best
flight path or strategy in real time. This combination improves
reaction speed, mission accuracy, and overall drone performance,
making them more effective for surveillance, reconnaissance, and
security operations.
Quantum computing is an emergent field of
cutting-edge computer science harnessing the unique qualities of
quantum mechanics to solve problems beyond the ability of even the
most powerful classical computers of today, to process massively
complicated mathematical problems and data at orders of magnitude
faster speeds.
The ZenaDrone 1000 is a multifunction autonomous
drone, in a VTOL (Vertical Takeoff and Landing) quadcopter design
with eight rotors; it is considered a medium-sized drone measuring
12X7 feet in size. It is designed for stable flight,
maneuverability, heavy lift capabilities up to 40 kilos,
incorporating innovative software technology, AI, sensors, and
purpose-built attachments, along with compact and rugged hardware
engineered for industrial and defense use for a variety of
inspection, surveillance or tracking applications.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA)
is a technology company specializing in AI drone, Drone as a
Service (DaaS), enterprise SaaS and Quantum Computing solutions for
mission-critical business applications. Since 2017, the Company has
leveraged its software development expertise and grown its drone
design and manufacturing capabilities through ZenaDrone, to
innovate and improve customer inspection, monitoring, safety,
security, compliance, and surveying processes. With enterprise
software customers using branded solutions in law enforcement,
health, government, and industrial sectors, and drones being
implemented in these plus agriculture, defense, and logistics
sectors, ZenaTech’s portfolio of solutions helps drive exceptional
operational efficiencies, accuracy, and cost savings. The Company
operates through seven global offices in North America, Europe,
Taiwan, and UAE, and is growing a DaaS business model and global
partner network.
About ZenaDrone
ZenaDrone, a wholly owned subsidiary of
ZenaTech, develops and manufactures autonomous business drone
solutions that can incorporate machine learning software, AI,
predictive modeling, Quantum Computing, and other software and
hardware innovations. Created to revolutionize the hemp farming
sector, its specialization has grown to multifunctional drone
solutions for industrial surveillance, monitoring, inspection,
tracking, process automation, and defense applications. Currently,
the ZenaDrone 1000 drone is used for crop management applications
in agriculture and critical field cargo applications in the defense
sector, the IQ Nano indoor drone is used for inventory management
in the warehouse and logistics sectors, and the IQ Square is an
indoor/outdoor drone designed for land survey and inspections use
in commercial and defense sectors.
Contacts for more information:
Company, Investors and Media:Linda
MontgomeryZenaTech312-241-1415investors@zenatech.com
Investors:Michael MasonCORE
IRinvestors@zenatech.com
Safe Harbor
This press release and related comments by
management of ZenaTech, Inc. include “forward-looking statements”
within the meaning of U.S. federal securities laws and applicable
Canadian securities laws. These forward-looking statements are
subject to the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995. This forward-looking information
relates to future events or future performance of ZenaTech and
reflects management’s expectations and projections regarding
ZenaTech’s growth, results of operations, performance, and business
prospects and opportunities. Such forward-looking statements
reflect management’s current beliefs and are based on information
currently available to management. In some cases, forward-looking
information can be identified by terminology such as “may”, “will”,
“should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are
likely to”, “believe”, “estimate”, “predict”, “potential”,
“continue” or the negative of these terms or other comparable
terminology intended to identify forward-looking statements.
Forward-looking information in this document includes, but is
not limited to ZenaTech’s expectations regarding its revenue,
expenses, production, operations, costs, cash flows, and future
growth; expectations with respect to future production costs and
capacity; ZenaTech's ability to deliver products to the market
as currently contemplated, including its drone products including
ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs
and it’s needs for additional financing; ZenaTech’s intention
to grow the business and its operations and execution
risk; expectations with respect to future operations and
costs; the volatility of stock prices and market conditions in
the industries in which ZenaTech operates; political,
economic, environmental, tax, security, and other risks associated
with operating in emerging markets; regulatory
risks; unfavorable publicity or consumer
perception; difficulty in forecasting industry
trends; the ability to hire key personnel; the
competitive conditions of the industry and the competitive and
business strategies of ZenaTech; ZenaTech’s expected business
objectives for the next twelve months; ZenaTech’s ability to
obtain additional funds through the sale of equity or debt
commitments; investment capital and market share; the ability
to complete any contemplated acquisitions; changes in the
target markets; market uncertainty; ability to access
additional capital, including through the listing of its securities
in various jurisdictions; management of growth (plans and
timing for expansion); patent
infringement; litigation; applicable laws, regulations,
and any amendments affecting the business of ZenaTech.
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