{"id":798344,"date":"2025-01-07T07:34:31","date_gmt":"2025-01-07T12:34:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/"},"modified":"2025-01-07T07:34:31","modified_gmt":"2025-01-07T12:34:31","slug":"zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/","title":{"rendered":"ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations"},"content":{"rendered":"
\n

VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that it has signed an LOI (Letter of Intent) to acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. The software is intended to increase productivity for multinational companies with large and complex workforces and work scheduling challenges such as found in the healthcare, logistics and manufacturing sectors.<\/p>\n

ZenaTech signed the LOI shortly before the end of the year. The Company anticipates closing on the acquisition before the end of January 2025.<\/p>\n

\u201cThis acquisition is part of a larger strategy to expand our internal expertise developing applications using quantum computing across both AI drone and enterprise SaaS areas leveraging growing customer interest and revenue opportunities. The advantages of this technology for workforce management lies in the ability to process vast combinations of variables\u2014from employee availability, skills, regulations, and demand\u2014 while in parallel, finding optimal scheduling solutions much faster and more efficiently for complex scenarios found in large companies,\u201d said CEO Shaun Passley, Ph.D.<\/p>\n

We plan to invest in building this specialized talent, establishing partnerships with academic and industry leaders, and integrating quantum technologies into our research and development to address specific business challenges,\u201d said Dr. Passley.<\/p>\n

\n Quantum computing<\/a> is an emergent field of computer science harnessing the unique qualities of quantum mechanics to solve problems beyond the ability of even the most powerful classical computers of today, to process massively complicated mathematical problems and data at orders of magnitude faster speeds. The overall quantum computing market is growing rapidly, projected to reach over $4 billion by 2030, with a compound annual growth rate (CAGR) exceeding 30% according to estimates\u200b including Grand View Research<\/a> and Metatech Insights<\/a>.<\/p>\n

Quantum computing is revolutionizing workforce management<\/a> for multinational companies by tackling complex optimization problems with unprecedented efficiency for employee scheduling, allocating resources across global operations, predicting workforce demand through advanced analytics, and matching talent to roles based on skill patterns and performance data. These capabilities enable companies to streamline operations, reduce costs, and enhance decision-making, all while improving employee satisfaction through smarter scheduling and role assignments.<\/p>\n

ZenaTech previously announced its entry into quantum computing with the Sky Traffic project where its subsidiary ZenaDrone will assign teams to work on applications utilizing this technology with AI drones and drone swarms for applications including traffic management, weather forecasting, and border control and perimeter security defense applications.<\/p>\n

\n About ZenaTech <\/strong>\n <\/p>\n

\n ZenaTech<\/a> (Nasdaq: ZENA) (FSE: 49Q) is a technology company specializing in AI drones, Quantum Computing, Drone as a Service (DaaS), and enterprise SaaS 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\u2019s portfolio of solutions helps drive exceptional operational efficiencies, accuracy and cost savings. The company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network.<\/p>\n

\n About ZenaDrone<\/strong>\u00a0\u00a0<\/p>\n

\n ZenaDrone<\/a>, 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<\/a> drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, and the IQ Nano<\/a> indoor drone is used for inventory management in the warehouse and logistics sectors.<\/p>\n

\n This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/strong>\n <\/p>\n

\n Contacts for more information:<\/strong>\n <\/p>\n

\n Company, Investors and Media:<\/strong>
\n
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com<\/u><\/a><\/p>\n

\n Investors:<\/strong>
\n
Michael Mason
CORE IR
investors@zenatech.com<\/u><\/a><\/p>\n

\n Safe Harbor<\/strong>\n <\/p>\n

This press release and related comments by management of ZenaTech, Inc. include \u201cforward-looking statements\u201d 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\u2019s expectations and projections regarding ZenaTech\u2019s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management\u2019s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201caim\u201d, \u201cseek\u201d, \u201cis\/are likely to\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201ccontinue\u201d or the negative of these terms or other comparable terminology intended to identify forward-looking statements. \u00a0Forward-looking information in this document includes, but is not limited to ZenaTech\u2019s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;\u00a0ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano;\u00a0ZenaTech\u2019s anticipated cash needs and it\u2019s needs for additional financing;\u00a0ZenaTech\u2019s intention to grow the business and its operations and execution risk;\u00a0expectations with respect to future operations and costs;\u00a0the volatility of stock prices and market conditions in the industries in which ZenaTech operates;\u00a0political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;\u00a0regulatory risks;\u00a0unfavorable publicity or consumer perception;\u00a0difficulty in forecasting industry trends;\u00a0the ability to hire key personnel;\u00a0the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech\u2019s expected business objectives for the next twelve months;\u00a0ZenaTech\u2019s ability to obtain additional funds through the sale of equity or debt commitments;\u00a0investment capital and market share; the ability to complete any contemplated acquisitions;\u00a0changes in the target markets;\u00a0market uncertainty;\u00a0ability to access additional capital, including through the listing of its securities in various jurisdictions;\u00a0management of growth (plans and timing for expansion);\u00a0patent infringement;\u00a0litigation;\u00a0applicable laws, regulations, and any amendments affecting the business of ZenaTech.\u00a0<\/p>\n

Forward-looking statements are based on certain assumptions and analyses made by the management of ZenaTech in light of its experience and understanding of historical trends and current conditions and other factors management believes are appropriate to consider, which are subject to risks and uncertainties. Although ZenaTech\u2019s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and actual results may vary materially from the forward-looking information presented. Given these risks and uncertainties underlying the assumptions made, prospective purchasers of ZenaTech\u2019s securities should not place undue reliance on these forward-looking statements.\u00a0<\/p>\n

Further, any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by applicable law, ZenaTech undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors and to assess in advance the impact of each such factor on ZenaTech\u2019s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Potential investors should read this document with the understanding that ZenaTech\u2019s actual future results may be materially different from what is currently anticipated.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that it has signed an LOI (Letter of Intent) to acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. The software is intended to increase productivity for multinational companies with large and complex workforces and work scheduling challenges such as found in the healthcare, logistics and manufacturing sectors. ZenaTech signed the LOI shortly before the end of the year. The Company anticipates closing on the acquisition before the end of January 2025. \u201cThis acquisition is part … <\/p>\n

Continue reading “ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-798344","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Jan. 07, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that it has signed an LOI (Letter of Intent) to acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. The software is intended to increase productivity for multinational companies with large and complex workforces and work scheduling challenges such as found in the healthcare, logistics and manufacturing sectors. ZenaTech signed the LOI shortly before the end of the year. 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(Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions driven by Quantum Computing, Drones as a Service, and enterprise SaaS, announces that it has signed an LOI (Letter of Intent) to acquire a workforce scheduling software company with which it plans to develop quantum computing-driven solutions. The software is intended to increase productivity for multinational companies with large and complex workforces and work scheduling challenges such as found in the healthcare, logistics and manufacturing sectors. ZenaTech signed the LOI shortly before the end of the year. The Company anticipates closing on the acquisition before the end of January 2025. \u201cThis acquisition is part … Continue reading \"ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/","og_site_name":"Market Newsdesk","article_published_time":"2025-01-07T12:34:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzY2MSM2NjgxOTY0IzIyODYwNDc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations","datePublished":"2025-01-07T12:34:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/"},"wordCount":1351,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNzY2MSM2NjgxOTY0IzIyODYwNDc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-to-acquire-workforce-scheduling-software-company-in-order-to-use-quantum-computing-to-increase-productivity-for-multinational-corporations\/","name":"ZenaTech to Acquire Workforce Scheduling Software Company in Order to Use Quantum Computing to Increase Productivity for Multinational Corporations - 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