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ZenaTech's ZenaDrone Advances IQ Square Drone to Manufacturing Stage for Outdoor Applications Including Inspections, Surveys, and the Fast-Growth Power Washing Sector
ZENAZenaTech, Inc.(ZENA) GlobeNewswire News Room·2025-02-27 13:00

Core Insights - ZenaTech's subsidiary ZenaDrone has transitioned its IQ Square multifunction drones from prototype to manufacturing, targeting outdoor applications for inspections and surveys [1][2] - The IQ Square is expected to play a crucial role in ZenaDrone's Drone as a Service (DaaS) model, allowing businesses and government users to access drone services conveniently [1][6] Company Developments - The IQ Square drone is designed for various applications, including building inspections and power washing, and is equipped with a power wash system for large-scale cleaning jobs [3][7] - The manufacturing process for the first batch of IQ Square drones is underway at ZenaTech's production facility in Sharjah, UAE, involving integration and quality inspection of various systems [4] - ZenaDrone is preparing to apply for Green UAS certification, which is essential for selling drones to the US Department of Defense [8] Market Potential - The global market for drone cleaning services is projected to reach approximately $53.89 billion by 2030, with a compound annual growth rate (CAGR) of 19.3% [5] - ZenaTech's DaaS model allows various sectors, including government and agriculture, to access drone solutions without the need for purchasing hardware [6] Product Specifications - The IQ Square drone features a flight time of about 20 minutes, a payload capacity of up to seven kilograms, and is designed for both indoor and outdoor use [7] - The drone's dimensions are 41X41 inches, and it includes retractable landing gear for enhanced functionality [7] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies across various sectors [9][10] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business model [10]