ZENATECH INC. Announces Expansion of AI‑Driven Drone Offerings and Strong Q3 Outlook

ZenaTech Inc. (Nasdaq: ZENA) has unveiled a new suite of artificial‑intelligence software designed to accelerate land‑survey delivery for its Drone‑as‑a‑Service (DaaS) network. The announcement, made on 22 October 2026, details a proprietary AI platform that automates LiDAR point‑cloud classification and feature extraction, thereby reducing post‑processing time and enabling scalable recurring revenue streams for commercial, municipal and infrastructure clients.

The company’s launch of ZenaWorx—a drone‑based construction intelligence platform—further extends its product portfolio. ZenaWorx focuses on real‑time monitoring of AI data‑center development projects, offering capabilities such as drone‑captured LiDAR, 3‑D progress tracking and digital terrain modeling. By integrating these tools across its DaaS locations, ZenaTech aims to provide end‑to‑end visibility from earthworks to structural completion, targeting both private and public construction contracts.

Financial Performance and Outlook

On 21 October 2026, ZenaTech released an earnings preview that highlighted a 316 % increase in revenue for the second quarter versus the prior year. Building on this momentum, the company projected a third‑quarter consolidated revenue range of CAD 13.4 million to CAD 14.8 million. The forecast reflects the company’s expectation that the addition of 20 new DaaS sites—already operational since 2025—will drive further adoption of its AI‑powered services.

At market close on 20 October 2026, ZenaTech’s share price stood at USD 0.97, within the 52‑week low of USD 0.93. The company’s market capitalization was reported at USD 203 million. Despite the low share price, the company’s recent product launches and revenue growth signal a strategic shift toward high‑margin, subscription‑based services.

Strategic Implications

  • Product Diversification: By adding AI‑driven land‑survey and construction monitoring solutions, ZenaTech broadens its service offering beyond basic drone imaging, positioning itself as a full‑stack provider for infrastructure projects.
  • Scalable Revenue Model: The automation of LiDAR processing reduces labor costs and shortens turnaround times, making it easier to secure long‑term contracts and repeat business.
  • Geographic Expansion: The company’s DaaS locations, now totaling 20, provide a distributed network that can serve clients across North America, potentially accelerating penetration into municipal and public‑works markets.
  • Capital Efficiency: The forecasted CAD 13.4‑14.8 million revenue range suggests that ZenaTech is on track to sustain its growth trajectory while maintaining a lean cost structure, which is crucial given its modest market capitalization.

Conclusion

ZenaTech’s recent product announcements and robust revenue outlook underscore a pivot toward AI‑enhanced drone services that deliver measurable efficiencies for construction and surveying clients. While the company’s share price remains modest, the strategic emphasis on automation, scalability, and recurring revenue presents a compelling value proposition for investors focused on the intersection of technology and infrastructure.