North America
Drone Operations Industry Expansion and Revenue Opportunity
Drone Usage and Role in Global Environment
• Drones are increasingly used in various global scenarios, with a projected growth from USD 5.32 billion in 2024 to USD 9.34 billion by 2030.
• They are crucial for inspecting difficult-to-reach locations, modernizing telecommunication tower supervision, aerial evaluation of buildings and infrastructures, and delivering medical supplies.
• As wages of delivery persons rise, autonomous delivery or human-less services will become increasingly advantageous.
• Emerging economies lack access to roads, hampering the speedy delivery of basic medical supplies.
ZenaTech, Inc. and ZenaDrone
• ZenaTech, a technology company specializing in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, is testing high-density batteries for the ZenaDrone 1000 multifunction AI drone designed for defense and commercial applications.
• The high-density batteries are lightweight and enable longer drone flight times, more reliability and endurance for longer defense missions, heavier payloads, and greater operational success of a wide range of military applications.
• ZenaDrone plans to become a Blue UAS-certified supplier to sell to US defense branches and other military organizations.
• The company has previously completed two paid trials with the US Air Force and the US Navy Reserve for logistics and transportation applications carrying critical cargo.
Drone Industry Developments
• Draganfly Inc., a leader in drone solutions, confirmed its readiness to enhance border security amid global trade and geopolitical uncertainties.
• Red Cat Holdings, Inc., a drone technology company, will host an Investor and Analyst Day on February 27.
• Kratos Defense & Security Solutions, Inc., successfully demonstrated its self-driving truck platooning system technology with FPInnovations.
• The self-driving system “kit” enables vehicles to be capable of autonomous driving.
