$EPAZ ZenaDrone continues to rack up wins with the
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Amidst the military opportunities, ZenaDrone was also granted a utility patent by the US Government for its innovative AI-predictive drone Smart Charging Pad. It is a game-changer in the drone charging industry, as it offers a more affordable solution for charging drones that weigh over 250 pounds at a significantly lower price point than competitors, all while incorporating top-of-the line AI features that separate this Smart Charging Pad.
Earlier in the year, Epazz had submitted Phase 1 SBIR proposals to the U.S. government, with a goal of moving forward with significant government contracts worth up to $15 million over the next three years, if the company is selected in the process. The banning of Chinese-made drones within the US government has opened up significant opportunities for Epazz. If ZenaDrone becomes a part of the program, it will have to be able to sell its drones to US allies.
On March 28, however, EPAZ announced that ZenaDrone is ready to move to Technology Readiness Level 7. Technology readiness levels (TRLs) are methods for estimating the maturity of technologies during the acquisition phase of the SBIR program. TLRs are measured on a scale of 1 to 9, with 9 being the most mature technology. Being at a 7, ZenaDrone is now qualified to submit a Phase II SBIR grant for external funding of this cargo delivery solution. Phase II SBIR grants are generally up to $1.2 million for a two-year period and are a nondilutive source of funding. This will be the second direct to Phase II project for Zenadrone.
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