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

April 24, 2025

DENVER, Colo., 24 April, 2025 (www.247marketnews.com) – (NASDAQ:ZENA) are discussed in this article.
ZenaTech, Inc. is witnessing significant momentum in the pre-market trading session, with shares escalating to $2.586, reflecting a remarkable increase of 18.08% from the last close of $2.190. This surge coincides with a high trading volume of 3.16 million shares, indicating substantial investor enthusiasm. The technical indicators suggest that the stock may continue on its upward trajectory, with resistance levels identified around $2.70 and solid support evident at $2.30. If the buying interest persists, ZenaTech is poised for further growth.

In a strategic advancement, ZenaTech’s subsidiary, ZenaDrone, has achieved a critical milestone by securing approval from the Federal Aviation Administration (FAA) for commercial agricultural operations under 14 CFR Part 137 regulations. This approval enables ZenaDrone to initiate final testing and commercialization of the ZenaDrone 1000, an innovative drone designed for precision agriculture applications.

The ZenaDrone 1000 is set to revolutionize farming practices by enabling the aerial spraying of pesticides, herbicides, fungicides, fertilizers, and seeds. This advanced technology promises to enhance agricultural productivity by offering a more efficient and eco-friendly alternative to conventional methods, allowing for better access to challenging farming terrains and significantly reducing both chemical use and potential crop damage.

CEO Shaun Passley, Ph.D., emphasized the significance of this FAA approval, underscoring the company’s commitment to providing automated solutions that enhance agricultural management. ZenaTech plans to implement a Drone as a Service (DaaS) model to make its advanced drone technologies widely accessible to commercial farms and agribusinesses, further expanding its impact beyond agriculture into sectors such as inspections and security.

With projections indicating that the global agriculture drone market will surge from approximately $6.10 billion in 2024 to $23.78 billion by 2032, ZenaTech is strategically positioned to lead this transformation, leveraging its cutting-edge drone technology to support sustainable practices and drive operational efficiencies across various industries.

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