VANCOUVER, British Columbia, May 29, 2026 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it plans to pursue opportunities from the U.S. Department of War, following a recent Wall Street Journal<\/a> article stating that the Trump administration is in discussions with U.S. drone companies and that it would begin considering new investments in U.S.-based drone manufacturers. As a leading emerging domestic drone manufacturer committed to a National Defense Authorization Act (NDAA)-compliant supply chain, the company believes its ZenaDrone subsidiary is well positioned to support the Defense Department. The Company intends to pursue opportunities aligned with the U.S. government’s objectives to expand domestic production, accelerate the deployment of affordable and scalable autonomous systems, and strengthen national security, including initiatives supported through the Office of Strategic Capital (OSC).<\/p>\n \u201cThese are important opportunities as the demand for more advanced technology increases. We believe our defense platform provides true innovation in the market through our integrated suite of products that offer both flexibility and cost-consciousness, allowing for a leaner, precision-oriented line. We look forward to the opportunity to collaborate with the U.S. Defense Department and the Office of Strategic Capital toward a strategic investment intended to help us drive this technology into the future,\u201d said Shaun Passley, Ph.D., ZenaTech CEO. \u201cWe intend to provide updates on our discussions as they develop.\u201d<\/p>\n ZenaDrone\u2019s defense portfolio of products includes the ZenaDrone 1000, a medium-sized VTOL (Vertical Takeoff and Landing) cargo drone capable of lifting approximately 40 kg, featuring AI-enabled autonomy and secure communications through its proprietary Drone Net system. Designed for inspection, surveillance, critical cargo delivery, and border patrol applications, the platform is also being developed in a gas-powered version for extended flight duration. The ZenaDrone 1000 has completed paid trials with the U.S. Air Force and Navy Reserve. The IQ Nano, a compact indoor drone designed for GPS-denied environments such as warehouses and military facilities, supporting inventory management through barcode scanning, security operations, obstacle avoidance, and AI-driven drone swarm capabilities.<\/p>\n Additional platforms include the IQ Square, a VTOL drone engineered for line-of-sight surveys, infrastructure inspections, road and bridge inspections, and defense reconnaissance missions. ZenaDrone is developing Counter-UAS technologies currently at the prototype stage, focused on airspace security and drone threat mitigation for defense, government, and critical infrastructure sectors. This portfolio includes the IQ Glider, the Interceptor P-1 one-way interceptor drone and ZenaDrone 2000 platforms, which are being developed to support detection, interception, monitoring, and response functions within a layered defense architecture. The company is engaged in ongoing efforts to achieve Blue UAS alignment and expand eligibility within U.S. defense procurement frameworks.<\/p>\n About ZenaTech <\/strong><\/p>\n ZenaTech<\/a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global\u00a0Drone as a Service<\/a>\u00a0(DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS consolidation strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R& initiatives<\/p>\n About ZenaDrone <\/strong><\/p>\n ZenaDrone<\/a>, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous 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 surveying, monitoring, inspection, tracking, process automation, and defense applications. Currently, the ZenaDrone 1000<\/a> drone is used for crop management applications and critical field cargo applications in the defense sector, the IQ Nano<\/a> indoor drone is used for inventory management and security in the warehouse and logistics sectors, the IQ Square<\/a> is an outdoor drone designed for power washing and inspections use in commercial and government sectors, and the IQ Quad<\/a> is for land surveys.<\/p>\n Contacts for more information:<\/p>\n Company, Investors, and Media: Investors: Safe Harbor<\/strong><\/p>\n This press release and related comments by management of ZenaTech, Inc. include \u201cforward-looking statements\u201d 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\u2019s expectations and projections regarding ZenaTech\u2019 s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management\u2019s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201caim\u201d, \u201cseek\u201d, \u201cis\/are likely to\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201ccontinue\u201d or the negative of these terms or other comparable terminology intended to identify forward-looking statements. \u00a0Forward-looking information in this document includes, but is not limited to ZenaTech\u2019s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;\u00a0ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square, IQ Quad and IQ Nano and Counter-UAS products;\u00a0ZenaTech’s ability to develop products for markets as currently contemplated; ZenaTech\u2019s anticipated cash needs and it\u2019s needs for additional financing;\u00a0ZenaTech\u2019s intention to grow the business and its operations and execution risk;\u00a0expectations with respect to future operations and costs;\u00a0the volatility of stock prices and market conditions in the industries in which ZenaTech operates;\u00a0political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;\u00a0regulatory risks;\u00a0unfavorable publicity or consumer perception;\u00a0difficulty in forecasting industry trends;\u00a0the ability to hire key personnel;\u00a0the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech\u2019s expected business objectives for the next twelve months;\u00a0ZenaTech\u2019s ability to obtain additional funds through the sale of equity or debt commitments;\u00a0investment capital and market share; the ability to complete any contemplated acquisitions;\u00a0changes in the target markets;\u00a0market uncertainty;\u00a0ability to access additional capital, including through the listing of its securities in various jurisdictions;\u00a0management of growth (plans and timing for expansion);\u00a0patent infringement;\u00a0litigation;\u00a0applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks \u200e\u200e\u200eand uncertainties disclosed under the \u200eheading \u201cRisk Factors\u201c \u200e\u200e\u200e\u200ein the Company\u2019s Form F-1, Form 20-F and other filings filed \u200e\u200e\u200ewith the United States Securities and Exchange Commission (the \u201cSEC\u201d) on EDGAR through the SEC\u2019s website at\u00a0www.sec.gov<\/a>. The Company undertakes \u200e\u200e\u200eno obligation to update forward-\u200elooking \u200e\u200e\u200e\u200einformation except as required by applicable law. Such forward-\u200e\u200e\u200elooking information represents \u200e\u200e\u200e\u200e\u200emanagements\u2019 best judgment based on information currently available. \u200e\u200e\u200eNo forward-looking \u200e\u200e\u200e\u200estatement \u200ecan be guaranteed and actual future results may vary materially. \u200e\u200e\u200eAccordingly, readers \u200e\u200e\u200e\u200eare advised not to \u200eplace undue reliance on forward-looking statements or \u200e\u200e\u200einformation.\u200e<\/p>\n ZenaTech to Pursue New Investment Opportunities Connected with the Department of War and Office of Strategic Capital Following Reports of Engagement with U.S. Drone Makers VANCOUVER, British Columbia, May 29, […]<\/p>\n","protected":false},"author":198164071,"featured_media":48434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[125517],"tags":[],"class_list":["post-228365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"yoast_head":"\n
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com<\/a><\/p>\n
Michael Mason
CORE IR
investors@zenatech.com<\/a><\/p>\n<\/p>\n<\/div>\n