ZenaTech stock soared 74% in premarket trading after a 258% rally in prior session.

The AI drone solutions company announced last week that it has signed Blue Unmanned Aerial Systems, UAS, and US National Defense Authorization Act, NDAA, compliant partner agreements for its supply chain in order to sell its ZenaDrone 1000 AI drone solutions to US Defense branches and to NATO forces.

Through its subsidiary ZenaDrone, the Company recently participated in a Taiwan Trade Mission organized by the Arizona Commerce Authority, ACA, that directly resulted in these partnerships. ZenaTech can now confirm that all ZenaDrone’s electrical components and supply chain will comply with NDAA standards.

ZenaDrone previously completed paid trials with both the US Air Force and US Naval Research using its drones for carrying critical cargo — such as blood — in the field.

In other related news, ZenaTech said it will pursue a series of acquisitions to launch its Drone-as-a-Service operations. These acquisitions have the potential to dramatically increase company revenue and will underpin its Drone-as-a-Service business by integrating ZenaDrone’s drone technology into the target company operations.

The DaaS business model allows business customers such as farmers, oil and gas companies, environmental firms, or government departments to utilize a complete drone solution for a specific application- i.e., a crop management, inspection, safety, or compliance application, and purchase it on a pay-as-you-go basis rather than having to buy the entire drone hardware and software solution.

This business model provides cost-effective access to the enhanced productivity benefits and AI capabilities offered by drone technology to optimize operations and eliminate manual processes. ZenaDrone’s multifunction AI drones will be offered in the DaaS business model both directly by the company and through its business partners. ZenaTech has secured financing for this series of acquisitions from current shareholders.

ZenaTech, Inc. announced earlier this month that its common shares currently traded on Nasdaq, are now cross listed and traded on the Frankfurt Stock Exchange (FSE).