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$ZenaTech (ZENA.US)$ just for fun i put zenatech into chat g...
just for fun i put zenatech into chat gbt and my question was what do you think of zenatechs future and this is what chat gave me
”ZenaTech, a technology company specializing in AI drone solutions and enterprise SaaS applications, has recently demonstrated positive growth and strategic initiatives that suggest a promising future. Notable developments include:
Revenue Growth: For the nine months ending September 30, 2024, ZenaTech reported a 15% increase in revenue compared to the same period in 2023.
Regulatory Approvals and Product Launches: Its subsidiary, ZenaDrone, received U.S. FAA approval for visual line-of-sight commercial use of the ZenaDrone 1000, facilitating applications in land surveying, inspection, monitoring, and tracking. Additionally, the company launched the IQ Nano, a compact autonomous AI drone designed for indoor use in warehousing and logistics to enhance productivity and reduce costs.
Strategic Acquisitions: ZenaTech announced plans to acquire four software companies, aiming to integrate their functionalities into its drone solutions and boost recurring revenue. These acquisitions are subject to shareholder and regulatory approval.
International Expansion: The company is establishing a sensors and component manufacturing facility in Taipei, Taiwan, through its new entity, Spider Vision Sensors Ltd. This move is intended to ensure compliance with the U.S. National Defense Authorization Act (NDAA) and facilitate approval as a supplier to the U.S. Military.
These strategic initiatives indicate that ZenaTech is positioning itself for sustained growth and expansion in the technology and AI drone sectors.”
Revenue Growth: For the nine months ending September 30, 2024, ZenaTech reported a 15% increase in revenue compared to the same period in 2023.
Regulatory Approvals and Product Launches: Its subsidiary, ZenaDrone, received U.S. FAA approval for visual line-of-sight commercial use of the ZenaDrone 1000, facilitating applications in land surveying, inspection, monitoring, and tracking. Additionally, the company launched the IQ Nano, a compact autonomous AI drone designed for indoor use in warehousing and logistics to enhance productivity and reduce costs.
Strategic Acquisitions: ZenaTech announced plans to acquire four software companies, aiming to integrate their functionalities into its drone solutions and boost recurring revenue. These acquisitions are subject to shareholder and regulatory approval.
International Expansion: The company is establishing a sensors and component manufacturing facility in Taipei, Taiwan, through its new entity, Spider Vision Sensors Ltd. This move is intended to ensure compliance with the U.S. National Defense Authorization Act (NDAA) and facilitate approval as a supplier to the U.S. Military.
These strategic initiatives indicate that ZenaTech is positioning itself for sustained growth and expansion in the technology and AI drone sectors.”
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browny_440 : the ceo is selling off some to the public to keep the price around 8