ZenaTech (ZENA) to Expand its Facilities in Arizona

ZenaTech, Inc. (NASDAQ:ZENA) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 15, ZenaTech, Inc. (NASDAQ:ZENA) announced that it will rapidly expand its facilities in Phoenix, Arizona.

As part of this expansion, the company will triple its facility size to manufacture, assemble, and test drones entirely in the US. Management noted that the expansion is driven by recent US government policies. New laws and directives make it easier for American companies to build and sell drones to the military. The government is providing more funding and removing old certification barriers. These changes help companies like ZenaTech, Inc. (NASDAQ:ZENA) produce and deliver drones much faster.

ZenaTech, Inc. (NASDAQ:ZENA) specializes in artificial intelligence drones, Drone as a Service, enterprise SaaS, and quantum computing solutions. It develops and sells drone hardware and software used for inspections, surveillance, agriculture, defense, and logistics.

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Disclosure: None. This article is originally published at Insider Monkey.