
๐ข ๐๐๐๐ ๐๐: $ZenaTech(ZENA.US) ZenaTech Reports ๐๐๐% Revenue Growth in Q1 2026, Maintains $๐๐๐ Cash Position
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค Q1 2026 revenue reached $๐.๐๐, up ๐๐๐% year-over-year.โค ๐๐๐๐ segment generated $๐.๐๐, representing ๐๐% of total revenue.โค Global DaaS footprint expanded to ๐๐ locations across multiple countries.โค Company entered ๐๐จ๐ฎ๐ง๐ญ๐๐ซ-๐๐๐ defense market with new interceptor drone systems.โค Maintained approximately $๐๐๐ in cash and marketable securities.โค Total assets increased to $๐๐๐.๐๐ from $๐๐๐๐ at year-end 2025.โค Continued investments in AI drones, defense technologies, and quantum computing.๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โThe first quarter of 2026 was another record-breaking quarter for ZenaTech as we executed on our strategy of acquiring legacy land survey companies and experienced licensed operators with longstanding customers and migrating them to Drone as a Service drone-based automation,โ said Dr. Shaun Passley, ZenaTech Chairman, President and Chief Executive Officer.โTotal revenue for the first quarter was $8.4 million, representing approximately 640% growth over the first quarter of 2025. Currently, with 26 DaaS locations now operating across ten U.S. states, Canada, UK, Ireland, UAE and Australia, and the continued progression of our defense technology pipeline, we believe the fundamental trajectory of the business remains strong and will continue to grow as the demand for our integrated suite of cost-effective drone services and solutions accelerates in 2026.โโWe remain focused on disciplined capital allocation, operating leverage, and long-term value creation for our shareholders,โ added Dr. Passley.โAt the close of the quarter we have maintained $15 million of cash and marketable securities in addition to growth capital flexibility through recent funding initiatives. We believe that we are well positioned to continue executing on organic growth and strategic acquisitions across our DaaS and other business areas, advancing our product roadmap, and manufacturing capacity across our defense technology and commercial divisions.โThe copyright of this article belongs to the original author/organization.
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