24/7 Market News Snapshot 08 July, 2025 – ZenaTech, Inc. Common Stock (NASDAQ:ZENA)

July 8, 2025

DENVER, Colo., 08 July, 2025 (www.247marketnews.com) – (NASDAQ:ZENA) are discussed in this article.
ZenaTech, Inc. (ZENA) is experiencing a significant rise in trading activity, opening at $3.43 and currently reaching $3.624, reflecting a robust 10.49% increase from the previous close of $3.280. The elevated trading volume of 1.14 million shares indicates heightened investor interest, suggesting a potential breakout for the stock. Market watchers are advised to monitor resistance levels around $3.70 to $3.75 while observing established support at $3.40.

This upward momentum aligns with ZenaTech’s strategic positioning in light of the recently enacted One Big Beautiful Bill Act, which allocates $33 billion to advanced drones and autonomous systems. Signed into law on July 4, 2025, this monumental legislation marks the largest single investment in next-generation technology, reinforcing an aggressive agenda for defense modernization.

Dr. Shaun Passley, CEO of ZenaTech, expressed enthusiasm regarding the opportunities presented by the act, stating, “This legislation offers a generational opportunity for U.S. companies engaged in advanced defense manufacturing and drone innovation. It both serves as a catalyst and a validation of our long-term strategy.” The act facilitates collaborations with government and defense agencies while enhancing ZenaTech’s financial capacity through restored tax incentives and R&D support.

Notable provisions include $13.5 billion for drone and autonomy initiatives and $16 billion for military innovation efforts. ZenaTech’s drone subsidiary, ZenaDrone, is well-positioned to engage in diverse programs aimed at enhancing collaborative combat platforms and scaling small Unmanned Aerial Systems (UAS).

The full restoration of R&D expensing under Section 174 allows ZenaTech to reclaim prior-year expenditures, further boosting investments in innovative technologies. Additionally, the provision of 100% bonus depreciation for machinery and robotics will enable ZenaTech to enhance capital efficiency and adapt swiftly to technological advancements.

Committing to its leadership role in aerial intelligence and autonomy, ZenaTech is focused on leveraging the transformative impact of the One Big Beautiful Bill Act to provide tailored, scalable, and AI-integrated drone solutions for defense and governmental operations.

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