24/7 Market News Snapshot 15 May, 2025 – ZenaTech, Inc. Common Stock (NASDAQ:ZENA)
DENVER, Colo., 15 May, 2025 (www.247marketnews.com) – (Nasdaq:ZENA) are discussed in this article.
ZenaTech, Inc. (Nasdaq:ZENA) (FSE: 49Q) (BMV: ZENA), a leader in advanced technology solutions, has demonstrated a commendable bullish trend in its financial market presence, with shares opening at $2.23 and recently rising approximately 12.9% to $2.495. The trading volume has reached 783.27K, showcasing substantial investor engagement and strong market sentiment, likely influenced by positive news surrounding the company’s robust growth forecast.
In a recent announcement, ZenaTech reported significant financial milestones for the first quarter of 2025, with total revenues of $1.13 million—a striking 92% increase from $591,379 year-over-year. This growth is largely attributed to strategic acquisitions, notably the integration of industry-leading drone servicing firms and the acquisition of Othership, an innovative workplace management software provider. Additionally, the company has secured five Letters of Intent for further acquisitions, enhancing its strategic positioning within the technology sector.
ZenaTech has invested heavily in advancing its manufacturing capabilities, onboarding 35 engineers and technicians and establishing a new drone testing facility. These enhancements support the development of next-generation technologies and beyond-the-line-of-sight capabilities. The finalized design of the ZenaDrone 1000 is set for mass production, while the IQ Square drone has progressed from prototype to manufacturing readiness.
CEO Shaun Passley, Ph.D., emphasized the significance of these achievements, stating that the company’s momentum reflects its vision for innovation in the Drone as a Service (DaaS) sector. With ambitions of targeting over 20 acquisitions in the upcoming year, ZenaTech is poised to enhance operational responsiveness and efficiency across diverse markets, solidifying its leadership role in the technologically driven landscape.
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