ZenaTech's ZenaDrone Moves to Arizona Facility for US Defense Drone Production; Shares Surge

MT Newswires Live

2024-12-19

ZenaTech (ZENA) shares jumped 16% in recent Thursday trading after saying its subsidiary ZenaDrone moved into a new manufacturing facility in Phoenix, Arizona, to build ZenaDrone 1000 multifunction autonomous drones for the US military and its allies.

Work at the facility will include the company's previously announced Sky Traffic project, along with research and development efforts focused on Quantum Computing.

The new drones must comply with cybersecurity and country of origin requirements under the National Defense Authorization Act, according to the company.

Price: 6.96, Change: +0.96, Percent Change: +16.00

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