$ZENA News: ZenaTech Signs Offer to Acquire a Flight School

New Post Public Reply Private Reply Replies (0) Message Board
trooperstocks
121
$ZENA News: ZenaTech Signs Offer to Acquire a Flight School Enabling Complex BVLOS Missions and Potential Drone as a Service (DaaS) US Government and Military Contracts

Thu, August 14, 2025 at 8:41 AM EDT
ZenaTech Inc.

VANCOUVER, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech", a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that it has signed an offer to acquire a Florida-based FAA (Federal Aviation Authority) certified flight school that trains professional pilots for FAA Part 61 certification to be qualified as an airplane pilot and also for complex BVLOS (Beyond Visual Line of Sight) drone pilot operations. Upon completion, the acquisition will enable the company to build an internal team of Part 61-certified pilots and be positioned as drone regulations evolve and opportunities grow in the DaaS, government, and defense markets, including military contracts that mandate a Part 61 pilot-in-command.

Today, the most common commercial drone pilot credential is Part 107, like a drone “drivers’ licence” but without a flight test, it is obtained with only a written test and a few weeks of study. However, there are waivered or special flights that require additional pilot qualifications, such as when operating in restricted airspace, when coordination with air traffic control is required, and for complex BVLOS operations involving longer distances, higher risk, heavier payloads, or more challenging airspace.

"This acquisition allows us to train new pilots for our Drone as a Service business and enables our drone command centers to have qualified pilots to take on specialized commercial and major US government and military contracts,” said Shaun Passley, Ph.D., Zenatech CEO. “Preparing a qualified pilot workforce early ensures regulatory readiness, accelerates our market entry, and demonstrates our strategic commitment to future large-scale drone aviation operations and a national DaaS services network.”

Some big government or military drone jobs especially ones where the drone flies far beyond the pilot’s view (BVLOS) or in special, restricted airspace, require the person in charge of flying to be a licensed manned-aircraft pilot (a Part 61 pilot). This is often because the work is complex, involves high-risk areas, or needs close coordination with air traffic control, just like regular airplanes.

The FAA is moving toward a new system and drone rules where companies get a standing license to run BVLOS such as for specialized cargo drones, but they must prove they have the right people, training, aircraft, and procedures in place. Pilots will likely need extra BVLOS-specific credentials and larger drones may push the FAA to require Part 61-level training for the people in command.

The ZenaDrone 1000, a medium-sized (12’x7’) VTOL (Vertical Takeoff and Landing) capable of carrying ~40 kg with AI-enabled autonomy, secure communications via its proprietary DroneNet system, and rugged construction. It is designed for BVLOS (Beyond Visual Line of Sight) use, specialized cargo deliveries, inspections, and precision agriculture applications. Defense applications include ISR- Inspection, Surveillance, and Reconnaissance applications, and the company has completed paid trials with both the US Air Force and Navy Reserve for critical field cargo delivery (e.g., blood). The company is also working on a gas-powered version for longer flight times for applications such as border patrol and long-distance cargo missions.

About ZenaTech

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its US DaaS business model and network of locations through acquisitions.

About ZenaDrone

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for land surveys and inspections use in commercial and defense sectors.

Contacts for more information:

Company, Investors, and Media:

Linda Montgomery

ZenaTech

312-241-1415

investors@zenatech.com

Investors:

Michael Mason

CORE IR

investors@zenatech.com

Safe Harbor

This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

MOUZ Triumphs at IEM-Beijing 2026, Powered by AutoFull

Updated Category News Views 76

A Showdown in Beijing: Esports at Its Peak IEM Beijing 2026 wrapped up on November 8, lighting up the Bloomage Biotech•Biohyalux ECM Arena with some high-octane Counter-Strike 2 matches. In a region that's nothing short of a digital battleground, Team MOUZ clinched the crown. And yeah, they didn't just do it solo; they did it seated in style on AutoFull chairs, the...

Continue Reading
Community Dental Programs Bridge Care Gaps Effectively

Updated Category News Views 17

Community Dental Programs: A Collaborative Force for Change Kicking around the same old healthcare conundrum, aren't we? But here's the kicker—dental care, of all things, gets a fierce spotlight today. We're diving into how community dental programs, backed by the grit of professionals like Dr. Erin Beveridge Cabuling and Dr. Monica Wu, make a serious dent in improving...

Continue Reading
Nielsen's $1.4B Notes to Fuel Bold DoubleVerify Buy

Updated Category News Views 100

Reading Between the Financial Lines Nielsen's latest move throws a hefty $1.4 billion worth of senior secured notes into the market, aimed at scooping up DoubleVerify in a play that’s as daring as it is dicey. It's the kind of gamble you discuss with your coffee buddy, sipping something strong enough to wake the dead, and exactly the kind of deal that gets seasoned...

Continue Reading
Capital Properties Faces Leadership Challenge Amid Health News

Updated Category News Views 28

Leadership Takes an Unexpected Turn at Capital Properties When the helm of a ship faces turbulence, everyone's eyes turn to the captain. In the case of Capital Properties, Inc., their captain, Chairman, CEO and President Robert H. Eder, has hit a personal snag, diagnosed with cancer but determined to steer steady despite the storm brewing within. A Glance at Capital...

Continue Reading
Baidu Faces Securities Suit Deadline This Week

Updated Category News Views 15

Deadline Looms Large for Baidu Investors Well, here we are again, dealing with another securities class action. If you've got your money parked in Baidu (NASDAQ:BIDU), the clock is ticking, and it's time to pay attention. November 13, 2026, is creeping up fast, and that could be a serious point of no return. What's the Buzz About? Faruqi & Faruqi, LLP, a heavyweight in...

Continue Reading
Ascletis Targets Obesity with New FDA Submission

Updated Category News Views 51

Breaking Ground with Innovative Obesity Treatment In the world of biotech, where breakthroughs are hard-fought and the stakes can seem insurmountable, Ascletis Pharma is swinging for the fences with their latest maneuver. They've submitted an Investigational New Drug application to the U.S. Food and Drug Administration for ASC30_39 FDC—a pioneering fixed-dose combo pill...

Continue Reading
China-Kenya Trade: Avocado Diplomacy in Action

Updated Category News Views 63

Avocado: A Trade Symbol with a Pit of Potential Who'd have thought a simple avocado could become such a heavyweight in the international trade arena? But here we are, with Kenyan avocados making a splash on the grand stage at the ninth China International Import Expo in Shanghai. Thanks to zero-tariff treatment, Kenya's prized green exports are rolling into China easier...

Continue Reading
Amdocs Faces Turbulence Amidst T-Mobile Legal Strife

Updated Category News Views 47

Stock Plunge Strikes Amdocs Shareholders Hard A buddy of mine used to say, "Stocks don't care about your feelings," and these days, Amdocs investors would likely agree. November 4, 2026, marked a bloodbath for Amdocs (NASDAQ:DOX) shareholders, as the stock nosedived sharply. We're talking a 30% haircut in a single trading session—ouch. Amdocs had just dropped its fiscal...

Continue Reading
Premium Guard Inc. Secures 2027 Top Supplier Honor

Updated Category News Views 17

This ain't your everyday pat on the back—when Premium Guard Inc. (PGI) snagged the 2027 Top Supplier title from MEMA Aftermarket Suppliers and aftermarketNews, it was a nod to their hustle in the wild world of automotive. Yeah, the guys in Memphis are overachievers, consistently nudging the envelope of car parts. Why Premium Guard Stands Out Let’s be real, it’s not...

Continue Reading
Strider's New Animated Series Spurs Kids' Confidence

Updated Category News Views 37

An Imaginative Leap into a Bike-Loving Universe Imagine bikes with personalities, charged with the energy of a children's animated series that gets right to the heart of childhood lessons. We're talking about a colorful realm where Strider, BuddyCraft's creation, spins the wheels of adventure and confidence-building. With the launch of Strider & Friends, expect a mix of...

Continue Reading

Top 5 Most Recently Viewed Articles

Revolutionizing Sales: Consensus Unveils AI Agent Connect

Updated Category News Views 177

Revolutionizing Sales: Consensus Unveils AI Agent Connect Consensus has recently introduced AI Agent Connect, a significant advancement in its AI-powered Product Experience platform. This innovative solution aims to revolutionize B2B sales by shifting from traditional demo delivery to a fully integrated, intelligence-first buying experience. The Shift to Connected...

Continue Reading
Chip Industry Bottlenecks: Why Capacity, Not Demand, Now Drives Growth

Updated Category Stocks Views 224

While the semiconductor industry continues to grow amid the artificial intelligence boom, the reporting of equipment suppliers is now setting the tone for the entire chain. The world's largest manufacturer of lithographic scanners, ASML, recorded quarterly revenue of €8.8 billion (+13% YoY) and a net profit of €2.8 billion (+17%), exceeding market expectations. The...

Continue Reading
Understanding Market Trends: Insights into Futu Holdings

Updated Category News Views 314

Market Sentiment Surrounding Futu Holdings Futu Holdings Ltd (NASDAQ: FUTU) has seen a notable shift in its short share percentage, which has fallen by 21.01%. As of the latest report, the company has around 3.81 million shares sold short, representing 6.88% of the total shares available for trading. Considering the trading volume, it would take traders an average of...

Continue Reading
Everything Blockchain Unveils New Consulting Division for Growth

Updated Category News Views 150

Everything Blockchain Launches Comprehensive Consulting Services Everything Blockchain Inc. (OTC Pink: EBZT), a trailblazer in blockchain technology and Web3 innovation, has announced the launch of its new High-Impact Consulting Division. This initiative supports enterprises in integrating advanced blockchain solutions, making strategic investments, and fostering...

Continue Reading
Options Medical Weight Loss Grand Opening in Charlotte Metro Area

Updated Category News Views 93

Options Medical Weight Loss Expands Its Services Options Medical Weight Loss, recognized as a leading name in medical weight loss solutions, has announced its latest expansion with a new clinic in the Charlotte Metro area. This state-of-the-art facility at 3419 Toringdon Way #120 will hold its grand opening celebration, inviting local residents to discover the innovative...

Continue Reading