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

October 24, 2024

DENVER, Colo., 24 October, 2024 (247marketnews.com) – (NASDAQ:ZENA) are discussed in this article.
ZenaTech, Inc. (ZENA) is experiencing a notable surge in its stock price, soaring to $2.618 in pre-market trading, reflecting an impressive 48.75% increase from the previous close of $1.760. This jump comes amid a strong trading volume of 2.13 million shares, showcasing heightened investor enthusiasm and confidence surrounding the company. The significant price movement could indicate a pivotal moment for ZenaTech as it embarks on new growth trajectories.

In conjunction with this stock performance, ZenaTech’s subsidiary, ZenaDrone, has achieved a significant milestone by securing a United States Design Patent (US D1,005,883 S) for its next-generation drone design, the ZenaDrone 1000. This design incorporates innovative features that enhance flight performance, including rotors capable of rotating at variable angles, allowing for improved gliding and power efficiency based on wind conditions. Furthermore, the drone’s payload capacity has increased from 20 lbs. to 80 lbs., broadening its applicability across various sectors such as agriculture, defense, and logistics.

Dr. Shaun Passley, CEO of ZenaTech, underscored the strategic importance of this patent for the company, stating, “This patent is key to flight time and performance improvements of the ZenaDrone 1000, facilitating continued development for diverse sectors.” The advanced quadcopter design, equipped with eight rotors and cutting-edge technology, positions the ZenaDrone 1000 as a versatile solution capable of addressing mission-critical needs, including the delivery of temperature-sensitive medical supplies.

As ZenaTech continues to innovate and expand its footprint in the autonomous drone market, the recent patent acquisition and stock performance suggest a promising trajectory for the company, illuminating a future rich with opportunities for growth and technological advancement.

Related news for (ZENA)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.