ZenaTech Soars 13.7% on Drone Tech Investments

On May 16, 2025, ZenaTech's stock surged by 13.7% in pre-market trading, reflecting a significant boost in investor confidence and market sentiment.

ZenaTech has been actively investing in its subsidiary, ZenaDrone, enhancing its manufacturing capabilities in the UAE. This includes the hiring of 35 new engineers and technicians, which is expected to bolster the company's production and innovation efforts.

The company's strategic investments in drone technology and its expansion into new markets, such as Dubai, are likely contributing to the positive market response. ZenaTech's focus on AI drones, Drone as a Service (DaaS), and enterprise SaaS solutions positions it well in the growing drone services market, which is projected to experience sustained growth in commercial, industrial, and civic usage.