{"id":822548,"date":"2025-03-06T08:47:34","date_gmt":"2025-03-06T13:47:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/"},"modified":"2025-03-06T08:47:34","modified_gmt":"2025-03-06T13:47:34","slug":"zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/","title":{"rendered":"ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets"},"content":{"rendered":"
\n

VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary\u2019s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. The company also benefits from recent announcements doubling tariffs on Chinese imports including drones and parts from 10% to 20% which will negatively impact many US drone companies and customers given the drone industry dominance of China.<\/p>\n

\u201cThe current administration\u2019s focus on strengthening US manufacturing and reducing reliance on Chinese drone imports is a game-changer for American companies like ours. With increased tariffs on Chinese drones and components, and new incentives for domestic production, we are well-positioned to expand our operations to manufacture in Arizona, also creating more high-quality American jobs. Since we\u2019ve already initiated sourcing of our component parts from Taiwan instead of China, we can avoid supply chain disruptions while benefiting from potential US manufacturing tax breaks. We believe this makes our drones more competitive for both government and commercial markets,\u201d said CEO Shaun Passley, Ph.D.<\/p>\n

\u201cThis also puts us ahead of domestic competitors who may be facing challenges with supply chain instability and less access to cutting-edge technologies. By leveraging Taiwan’s capabilities and our focus on security and compliance, we’re poised to meet increasing defense demand while minimizing operational risks,\u201d added Dr. Passley.<\/p>\n

The Spider Vision Sensors Taiwan office opened in November 2024 to manufacture drone cameras, sensors, electronics, and components, including LiDAR (Light Detection and Ranging), thermal, infrared, and multi-spectral sensors, and circuit boards to incorporate into ZenaDrone\u2019s finished products. Having in-house manufactured sensors and components will enable ZenaDrone to maintain a steady supply to fulfill customer drone order needs at its Sharjah, UAE manufacturing facilities as well as its future Arizona-based drone manufacturing facilities for US military-destined \u201cMade in America\u201d drones.<\/p>\n

Taiwan was selected due to its size and skills as an electronics hub, and the availability of low-cost alternative components versus those from China. Spider Vision Sensors will ensure ZenaDrone\u2019s products and supply chain are compliant with the US NDAA (National Defense Authorization Act) requirements necessary to do business with the US Military. This along with the Green UAS (Uncrewed Arial System) and the Blue UAS are important certifications ensuring cybersecurity and country of origin compliance for drone companies which the company has stated it plans to achieve.<\/p>\n

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

\n ZenaTech<\/a> (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing 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>\n <\/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, the IQ Nano<\/a> indoor drone is used for inventory management in the warehouse and logistics sectors, and the IQ Square<\/a> is an indoor\/outdoor drone designed for land survey and inspections use in commercial and defense sectors.<\/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

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

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

VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary\u2019s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. The company also benefits from recent announcements doubling … <\/p>\n

Continue reading “ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets”<\/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-822548","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets - 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\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, March 06, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary\u2019s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. 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(Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary\u2019s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration. ZenaDrone will continue to source and manufacture drone cameras, sensors and other related components at its Taiwan-based Spider Vision Sensors company to reduce its supply chain risk and ensure NDAA-compliant parts for its US Defense-destined drone products, which will be manufactured in Arizona. The company also benefits from recent announcements doubling … Continue reading \"ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-06T13:47:34+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4OTk4NyM2NzkzNDAyIzIyODYwNDc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets","datePublished":"2025-03-06T13:47:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/"},"wordCount":1123,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4OTk4NyM2NzkzNDAyIzIyODYwNDc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatechs-zenadrone-benefits-from-new-chinese-tariffs-also-helping-its-commercial-and-defense-customer-markets\/","name":"ZenaTech\u2019s ZenaDrone Benefits from New Chinese Tariffs\u00a0Also Helping its Commercial and Defense Customer Markets - 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