When it comes to drones, who else but me? Today, we took a look at ZenaTech (ZENA).

 

1. Introduction 

Hello! This is Dodohan Joonnyang, a dad aspiring to become wealthy. 

These days, drones are being used in various activities. Among the most notable uses are in agriculture and as a medium for artistic expression. From spraying pesticides over large fields to performing drone shows that create dazzling shapes in the night sky, the potential applications of drones seem limitless. 

Today, I’d like to introduce you to a U.S.-based company in the drone industry: ZenaTech.

2. ZenaTech (ZENA) 

ZenaTech Inc. is a tech company specializing in AI-powered drones and enterprise SaaS solutions. The company focuses on developing drone technologies tailored to diverse business needs across industries such as agriculture, defense, logistics, and law enforcement. 

Recently, ZenaTech was listed on the Nasdaq on October 1, 2024. This milestone aims to attract more investors and foster growth as the company continues to innovate in drone technology. 

One of their flagship products, the ZenaDrone 1000, integrates autonomous flight capabilities and AI to serve multiple purposes, including agricultural and infrastructure monitoring, search and rescue missions, and logistics delivery. Currently, this drone is being used in Ireland’s agricultural sector and in a pilot program with the U.S. military for medical supply deliveries. Furthermore, ZenaTech has received approval from the U.S. Federal Aviation Administration (FAA) to conduct commercial experiments and demonstrations locally. 

A key strength of the ZenaDrone 1000 is its advanced battery system designed for extended flight times and its array of sensors, making it highly efficient for diverse data collection tasks.

ZenaDrone Official Website

https://www.zenadrone.com

2.1 Investment Metrics

• Market Capitalization: USD 30.6 Million 
• PBR (Price-to-Book Ratio): 5.4x 
• PER (Price-to-Earnings Ratio): -130.8x 
• ROE (Return on Equity): -4.3% 
• PSR (Price-to-Sales Ratio): 21.7x 

2.2 Financial Performance (as of June 2024) 

• Revenue: USD 280,000 
• Operating Profit: USD -190,000 
• Net Profit: USD -190,00

2.3 Debt Ratio 

ZenaTech’s debt ratio stands at 123%, significantly higher than the industry average of 24%. 

2.4 Outstanding Shares 

As of October 11, 2024, the company has 17,308,228 shares issued.

3. Applications of Drones 

3.1 Agriculture 

Drones play a pivotal role in monitoring crop conditions and soil health with precision. Equipped with multispectral sensors, they can analyze the growth status of crops and apply fertilizers or pesticides only where needed. This helps maximize crop yields and improve the efficiency of farming operations. 

3.2 Logistics and Delivery

Drones have proven highly useful for short-distance deliveries and logistics in remote areas. In emergencies, they can quickly deliver medical supplies or essential goods. Recently, the U.S. military launched a pilot program using drones to deliver medical supplies, highlighting their potential to improve logistics efficiency and reduce delivery times. 

3.3 Disaster Response and Surveillance

In disaster-stricken or rugged areas, drones are indispensable. They can be deployed to search for missing persons, monitor fire or flood situations, and support rescue missions. Real-time monitoring of disaster sites improves both the efficiency and safety of rescue operations. 

3.4 Infrastructure Inspection

Drones are also utilized for inspecting hard-to-reach structures like skyscrapers, power lines, and bridges. By conducting regular inspections through drones, companies can maintain infrastructure safety and reduce risks associated with manual inspections.

4. Conclusion 

Today, we explored ZenaTech, a U.S.-based drone company recently listed on Nasdaq, and discussed the versatile applications of drones. 

With advancements in AI and sensor technologies, drones are expected to become indispensable tools across various industries, including agriculture, logistics, disaster response, and infrastructure inspection. Given their growing importance, it’s worth keeping an eye on more companies involved in drone technology. 

Thank you for reading until the end!