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CHAOS Industries, a tech company building defense and national security systems, raised $275M in Series C funding from NEA, Accel, and others. The funds will enhance performance capabilities, scale manufacturing, and drive further defense technology innovation. The company has raised a total of $490M since inception. The funding will enable CHAOS Industries to continue advancing pathbreaking solutions that meet the defense needs of today and tomorrow.

ZenaTech (Nasdaq: ZENA), a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, has announced plans to showcase its ZenaDrone products at three major conferences targeting US defense and mining sectors. The company will exhibit at Modern Day Marine (April 29-May 1, 2025), XPONENTIAL by AUVSI (May 19-22, 2025), and CIM CONNECT Convention (May 4-7, 2025). This is a strategic move to engage with potential customers, key stakeholders, and industry leaders in the US military and government sectors, as well as the mining sector [1].

ZenaDrone's product lineup includes the ZenaDrone 1000, an autonomous multifunction drone with heavy lift capabilities and AI integration; the IQ Square, an AI-powered VTOL drone for surveys and reconnaissance with a 20-minute flight time and 7kg payload capacity; and the IQ Nano, a compact indoor drone for inspections and monitoring. The company is pursuing Green UAS and Blue UAS certifications for military sales qualification and plans NDAA-compliant manufacturing through its Taiwan-based Spider Vision Sensors and Arizona facility [1].

Previous paid trials with the US Air Force and Navy Reserve have demonstrated the military application potential of ZenaDrone products. The company aims to secure these certifications to enhance its credibility and marketability in the defense sector. Additionally, ZenaDrone is a member of AUVSI, which administers the Green UAS certification, considered a first step to be on the vendor-approved list to sell to government, law enforcement, and many commercial customers and branches of the military [1].

ZenaTech's ZenaDrone subsidiary is well-positioned to leverage these opportunities to expand its market presence and secure new contracts. The company's focus on innovation and compliance with stringent military standards is likely to attract significant interest from potential buyers. The upcoming conferences provide an ideal platform for ZenaTech to showcase its capabilities and establish strategic partnerships.

References:
[1] https://www.stocktitan.net/news/ZENA/zena-tech-s-zena-drone-subsidiary-will-showcase-its-drones-to-us-3d4h2m4658wn.html