TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (“ZenaTech”), a expertise firm specializing in AI (Synthetic Intelligence) drone options, Drone-as-a-Service (DaaS), Quantum Computing options, and enterprise SaaS (Software program-as-a-Service) options, as we speak publicizes the launch of a Quantum Computing undertaking for visitors optimization and climate forecasting utilizing the corporate’s drones. The undertaking, referred to as Sky Visitors, was developed following curiosity obtained from a authorities shopper to make use of the corporate’s ZenaDrone 1000 drones to observe automobile visitors.
The undertaking will present real-time visitors knowledge to each the federal government company and to drivers, with a objective of enhancing the precision, accuracy and pace of data to optimize features akin to visitors flows and routing, visitors sign administration, public security, and deployment of presidency companies. That is achieved by accessing bigger datasets and extra computing energy extra quickly than present strategies. ZenaTech’s Quantum Computing staff will leverage Amazon Internet Companies (AWS) as its computing platform to handle the undertaking. The corporate additionally plans to make the most of Sky Visitors with ZenaDrone 1000 drones in climate radar purposes for quicker and extra exact climate forecasting.
“The Sky Visitors undertaking is a crucial and thrilling software of our product capabilities and staff information into the Quantum Computing space. Integrating quantum computing with AI-driven drones will revolutionize how we analyze and reply to advanced knowledge, enabling quicker, extra correct decision-making and unlocking new prospects in automation, effectivity, and real-time problem-solving,” stated CEO Shaun Passley, Ph.D.
Quantum computing is an emergent discipline of cutting-edge laptop science harnessing the distinctive qualities of quantum mechanics to unravel issues past the flexibility of even essentially the most highly effective classical computer systems of as we speak, to course of massively difficult mathematical issues and knowledge at orders of magnitude quicker speeds.
Drones are utilized by governments to observe and improve road traffic by offering real-time aerial surveillance of visitors circumstances, and figuring out congestion, accidents, and bottlenecks. Outfitted with cameras, sensors, and GPS, drones can gather knowledge on automobile circulation, enabling authorities to optimize visitors indicators, redirect visitors, and plan infrastructure enhancements and emergency administration primarily based on real-time insights. Quantum Computing can supercharge the pace and precision of those purposes.
Drones are utilized in weather forecasting to gather real-time atmospheric knowledge from hard-to-reach areas, akin to storm methods or distant areas, offering precious enter for climate fashions. Quantum computer systems can then analyze this huge and sophisticated knowledge a lot quicker and extra precisely, enhancing climate predictions and enhancing the flexibility to forecast excessive occasions like hurricanes or tornadoes.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) is a expertise firm specializing in AI drone, Drone-as-a-Service (DaaS), Quantum Computing, and enterprise SaaS options for mission-critical enterprise purposes. Since 2017, the corporate has leveraged its software program growth experience and grown its drone design and manufacturing capabilities via ZenaDrone, to innovate and enhance buyer inspection, monitoring, security, safety, compliance, and discipline service processes. With over 100 enterprise software program clients utilizing branded options in regulation enforcement, authorities, and industrial sectors, and drones being carried out in these plus agriculture, protection, and logistics sectors, ZenaTech’s portfolio of options helps drive distinctive operational efficiencies and price financial savings. The corporate operates via seven world workplaces in North America, Europe, Taiwan and UAE, and a rising world associate community.
About ZenaDrone
ZenaDrone, an entirely owned subsidiary of ZenaTech, develops and manufactures autonomous enterprise drone options that may incorporate machine studying software program, AI, predictive modeling, quantum computing and different software program and {hardware} improvements. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone options for industrial surveillance, monitoring, inspection, monitoring, and course of automation purposes. At present, the ZenaDrone 1000 drone is used for crop administration purposes in agriculture and important discipline cargo purposes within the protection sector, and the IQ Nano indoor drone is used for stock administration within the warehouse and logistics sectors.
This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase any securities, nor shall there be any sale of those securities in any state or jurisdiction wherein such provide, solicitation, or sale can be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.
Contacts for extra info:
Firm, Traders and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com
Traders:
Michael Mason
CORE IR
investors@zenatech.com
Protected Harbor
This press launch and associated feedback by administration of ZenaTech, Inc. embrace “forward-looking statements” throughout the which means of U.S. federal securities legal guidelines and relevant Canadian securities legal guidelines. These forward-looking statements are topic to the secure harbor provisions below the Personal Securities Litigation Reform Act of 1995. This forward-looking info pertains to future occasions or future efficiency of ZenaTech and displays administration’s expectations and projections concerning ZenaTech’s development, outcomes of operations, efficiency, and enterprise prospects and alternatives. Such forward-looking statements replicate administration’s present beliefs and are primarily based on info presently out there to administration. In some instances, forward-looking info will be recognized by terminology akin to “might”, “will”, “ought to”, “count on”, “plan”, “anticipate”, “goal”, “search”, “is/are more likely to”, “imagine”, “estimate”, “predict”, “potential”, “proceed” or the adverse of those phrases or different comparable terminology meant to establish forward-looking statements. Ahead-looking info on this doc contains, however shouldn’t be restricted to ZenaTech’s expectations concerning its income, bills, manufacturing, operations, prices, money flows, and future development; expectations with respect to future manufacturing prices and capability; ZenaTech’s means to ship merchandise to the market as presently contemplated, together with its drone merchandise together with ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated money wants and it’s wants for added financing; ZenaTech’s intention to develop the enterprise and its operations and execution threat; expectations with respect to future operations and prices; the volatility of inventory costs and market circumstances within the industries wherein ZenaTech operates; political, financial, environmental, tax, safety, and different dangers related to working in rising markets; regulatory dangers; unfavorable publicity or client notion; problem in forecasting trade traits; the flexibility to rent key personnel; the aggressive circumstances of the trade and the aggressive and enterprise methods of ZenaTech; ZenaTech’s anticipated enterprise aims for the subsequent twelve months; ZenaTech’s means to acquire further funds via the sale of fairness or debt commitments; funding capital and market share; the flexibility to finish any contemplated acquisitions; adjustments within the goal markets; market uncertainty; means to entry further capital, together with via the itemizing of its securities in varied jurisdictions; administration of development (plans and timing for growth); patent infringement; litigation; relevant legal guidelines, rules, and any amendments affecting the enterprise of ZenaTech.
Ahead-looking statements are primarily based on sure assumptions and analyses made by the administration of ZenaTech in gentle of its expertise and understanding of historic traits and present circumstances and different elements administration believes are applicable to contemplate, that are topic to dangers and uncertainties. Though ZenaTech’s administration believes that the assumptions underlying these statements are cheap, they might show to be incorrect, and precise outcomes might differ materially from the forward-looking info introduced. Given these dangers and uncertainties underlying the assumptions made, potential purchasers of ZenaTech’s securities shouldn’t place undue reliance on these forward-looking statements.
Additional, any forward-looking assertion speaks solely as of the date on which such assertion is made, and, besides as required by relevant regulation, ZenaTech undertakes no obligation to replace any forward-looking assertion to replicate occasions or circumstances after the date on which such assertion is made or to replicate the incidence of unanticipated occasions. New elements emerge every now and then, and it’s not potential for administration to foretell all such elements and to evaluate upfront the impression of every such issue on ZenaTech’s enterprise or the extent to which any issue, or mixture of things, might trigger precise outcomes to vary materially from these contained in any forward-looking assertion. Potential traders ought to learn this doc with the understanding that ZenaTech’s precise future outcomes could also be materially completely different from what’s presently anticipated.