24/7 Market News Snapshot 12 December, 2024 – ZenaTech, Inc. Common Stock (NASDAQ:ZENA)

December 12, 2024

DENVER, Colo., 12 December, 2024 (247marketnews.com) – (NASDAQ:ZENA) are discussed in this article.
The stock of ZenaTech, Inc. (ZENA) is experiencing a remarkable surge in pre-market trading, currently valued at $7.307—an increase of 28.42% from the previous closing price of $5.690. This substantial upward movement is accompanied by a trading volume of 2.53 million shares, indicating a robust investor interest. Technical indicators are pointing towards a potential breakout, suggesting that traders should closely monitor this bullish trend.

In parallel with this stock momentum, ZenaTech has unveiled its ambitious “Sky Traffic” initiative, which harnesses the capabilities of quantum computing to improve traffic optimization and weather forecasting through the use of advanced drone technology. The project utilizes the ZenaDrone 1000 to gather real-time traffic data aimed at enhancing public safety and vehicle routing efficiency.

Sky Traffic responds to increased demands from government agencies for comprehensive traffic management solutions, enabling authorities to better monitor road conditions and effectively manage emergency responses. By leveraging quantum computing, ZenaTech seeks to process extensive datasets with exceptional speed and accuracy, transcending the limitations of conventional computing methods.

ZenaTech’s Chief Executive Officer, Shaun Passley, Ph.D., emphasized the transformative nature of integrating quantum computing with AI-driven drone technology, stating, “The Sky Traffic project exemplifies our commitment to innovation in complex problem-solving.”

Beyond traffic management, this initiative extends to advanced weather radar applications, promoting timely and precise forecasting through innovative aerial data collection. Utilizing Amazon Web Services (AWS), ZenaTech reinforces its dedication to operational excellence and technological advancement.

With a track record of pioneering artificial intelligence solutions, ZenaTech is poised to redefine standards within the technology sector, driving intelligent and impactful innovations that advance real-world applications. The Sky Traffic initiative is a crucial milestone in this ongoing mission.

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