(Toronto, Ontario, November 12, 2024) – ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q), a leader in AI-driven drone and enterprise software solutions, has announced a strategic acquisition of Ecker Capital LLC, the parent company of warehouse software providers InterlinkONE Inc. and Interactive Systems Inc. ZenaTech acquired the companies from its affiliated entity, Ameritek Ventures Inc. (OTC: ATVK). The acquisition, pending shareholder and regulatory approval, is set to enhance ZenaTech’s existing product portfolio and bolster recurring revenue streams by integrating new functionalities with its ZenaDrone IQ Nano solution.
The two software companies, InterlinkONE and Interactive Systems, are expected to play a critical role in ZenaTech’s expansion into warehouse automation. These additions will provide software support for autonomous inventory management using the ZenaDrone IQ Nano, helping ZenaTech serve a larger customer base in the U.S. and globally.
“This acquisition will bring additional recurring revenue to ZenaTech and enhance the ZenaDrone IQ Nano’s capabilities in autonomous inventory management,” said Shaun Passley, Ph.D., CEO of ZenaTech. “Our innovative solutions are designed to streamline decision-making and improve operational efficiency, allowing clients to manage inventory by the hour rather than quarterly, potentially saving multi-warehouse facilities millions annually.”
Expanded Functionality for ZenaDrone IQ Nano
The ZenaDrone IQ Nano, a 10×10-inch autonomous drone designed for indoor use, is already gaining traction in the warehouse and logistics sectors. Its advanced functionalities include barcode and RFID scanning, facility maintenance inspections, security monitoring, and 3D indoor mapping. With integrated sensors, high-quality cameras, and a 20-minute flight time, the IQ Nano supports continuous inventory assessments, increasing operational efficiency and reducing labor costs.
The IQ Nano’s built-in obstacle avoidance and hovering stability ensure it can operate safely within complex warehouse environments, and its automatic charging station allows for uninterrupted service. A demonstration video of the IQ Nano’s test flights highlights these capabilities, showing its practical applications in industrial settings.
About ZenaTech
Founded in 2017, ZenaTech specializes in developing AI-powered drone and SaaS solutions tailored for mission-critical business needs. The company serves over 100 enterprise clients across law enforcement, government, and industrial sectors, and its drones are utilized in agriculture, defense, and logistics. ZenaTech operates through six offices globally, supported by a growing partner network.
About ZenaDrone
As a subsidiary of ZenaTech, ZenaDrone focuses on the design and manufacture of autonomous drones for industrial applications. Initially targeting the hemp farming sector, ZenaDrone has broadened its focus to encompass surveillance, inspection, and logistics applications across various industries. The company’s flagship product, the ZenaDrone 1000, is widely used in agriculture for crop management and defense for field cargo transport. The new IQ Nano is positioned as an advanced solution for warehouse and logistics management.
With this acquisition, ZenaTech aims to solidify its role as a leader in AI-driven drone and SaaS solutions, enhancing the efficiency of warehouse operations and supporting innovation in inventory management across the global logistics sector.
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