ZenaTech subsidiary ZenaDrone signs partnership with Eagle Point Funding.

Thursday, Jul 24, 2025 8:35 am ET1min read

ZenaTech, a business technology solution provider, has partnered with Eagle Point Funding to help its subsidiary ZenaDrone secure US defense contracts. The partnership will provide structured support in identifying and preparing competitive proposals, as well as establishing and expanding relationships with key US defense and government agencies. This collaboration aims to accelerate testing, pilot deployments, and long-term procurement discussions, positioning ZenaDrone as a key provider of American-made drone solutions.

Title: ZenaTech Partners with Eagle Point Funding to Secure US Defense Contracts

ZenaTech, Inc. (NASDAQ: ZENA), a leading business technology solution provider specializing in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, has announced a strategic partnership with Eagle Point Funding. This collaboration aims to enhance ZenaDrone's ability to secure US defense contracts and establish itself as a key provider of American-made drone solutions.

The partnership will leverage Eagle Point's deep expertise in R&D grant program opportunities to provide structured support in identifying and preparing competitive proposals. Additionally, it will help ZenaDrone establish and expand relationships with key US defense and government agencies. This strategic move is designed to accelerate testing, pilot deployments, and long-term procurement discussions.

ZenaDrone, a wholly-owned subsidiary of ZenaTech, has already demonstrated its capabilities through successful paid trials with the US Air Force and Navy Reserve. The company's drone portfolio includes the ZenaDrone 1000, IQ Nano, and IQ Square models, designed for various defense applications such as surveillance, reconnaissance, and inventory management.

Eagle Point Funding specializes in securing non-dilutive federal R&D grants from agencies including the DoD, Air Force, Navy, and DARPA. This partnership is particularly promising due to ZenaDrone's existing track record with military clients and its diversified drone portfolio tailored for defense applications.

Shaun Passley, Ph.D., CEO of ZenaTech, stated, "Our collaboration with Eagle Point Funding will accelerate testing, pilot deployments, and enable long-term procurement discussions—helping ZenaDrone to advance as a key provider of American-made drone solutions. Their expertise in navigating federal R&D funding programs such as SBIR and Department of Defense solicitations (DoD BAA) gives us a powerful advantage as we develop next-generation drone technologies aligned with US defense priorities."

The partnership enhances ZenaTech's ability to accelerate product development, expand defense agency relationships, and unlock new growth without equity dilution. For small-to-mid-sized defense technology providers, securing a reliable government procurement channel often represents the difference between sporadic growth and consistent, predictable revenue expansion.

References
[1] https://www.stocktitan.net/news/ZENA/zena-tech-s-zena-drone-partners-with-eagle-point-funding-to-win-us-kgjnqsszebao.html
[2] https://www.globenewswire.com/news-release/2025/07/24/3121064/0/en/ZenaTech-s-ZenaDrone-Partners-with-Eagle-Point-Funding-to-Win-US-Defense-Customers.html

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