PALM BEACH, Fla., March 27, 2025 (GLOBE NEWSWIRE) — FN Media Group Information Commentary – Many buyers have been watching the drone {industry} constantly rising over the previous years and expect the identical expansions to proceed. The recognition of unmanned aerial autos (UAVs) for aerial imagery is rapidly increasing this market. A report from Verified Market Analysis mentioned that the Aerial Survey Companies Market measurement, which was valued at USD 22.67 Billion in 2024, is projected to achieve USD 791.21 Billion by 2031, rising at a CAGR of 55.90% throughout the forecast interval 2024-2031. The report added: “The rising use of drone companies for industry-specific options, improved regulatory framework, and elevated demand for qualitative information in varied industries are projected to spice up the enlargement of the Drone Aerial Survey Companies Market. Aerial imaging is being extra broadly utilized in protection purposes. Pure calamities have gotten extra widespread. Aerial digicam techniques have been bettering steadily. Drone know-how has attracted enterprise capital funding. Through the forecast interval, the enterprise section of the Aerial Survey Companies Market is predicted to develop on the quickest fee. All industries profit from enterprise options as a result of they supply end-to-end companies. The enterprise resolution section is being pushed by the rising demand for analytical companies and software program options within the Aerial Survey Companies Market.” Lively Corporations within the drone {industry} right now embrace ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Techniques Inc. (NYSE: UAVS), Purple Cat Holdings, Inc. (NASDAQ: RCAT), AeroVironment, Inc. (NASDAQ: AVAV), KULR Know-how Group, Inc. (NYSE American: KULR).
Verified Market Analysis continued: “An increase in demand from a wide range of industries is fueling the expansion of the Drone Aerial Survey Companies Market. Aerial images is utilized in agriculture to trace efficient modifications in yield manufacturing, crop well being administration, and soil enchancment. Aerial imaging companies are wanted by the protection sector to guard border areas and put together map buildings. Aerial imaging companies are additionally getting used extra broadly in analysis and exploration, archaeological surveys, mining, oil and fuel, and useful resource administration. The Drone Aerial Survey Companies Market continues to be in its early phases of growth, and the enlargement of software areas is predicted to speed up market development over the forecast interval. Through the coronavirus pandemic, aerial imaging helped the development {industry}. The advantages of aerial imaging for contracted surveying, onsite inspections, and design planning purposes have been augmented by the development, roofing, and photo voltaic industries.”
ZenaTech (NASDAQ:ZENA) Indicators LOI to Purchase Eighth Land Survey Firm Advancing Drone as a Service in a $2.5 Billion US Drone Survey Market by 2033 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a know-how firm specializing in AI (Synthetic Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing options, publicizes that it has signed an LOI (Letter of Intent) to amass an eighth land survey engineering firm which marks the second LOI situated in Arizona. Upon completion, these areas will function a launchpad to additional Southwest regional growth and contribute to the Firm’s nationwide DaaS enterprise mannequin meant to deliver the pace and precision of ZenaDrone’s AI drone options in a handy subscription or pay-per-use mannequin for companies and authorities customers.
“Arizona is strategic to our US operations as the bottom of our subsidiary ZenaDrone the place our second drone manufacturing facility might be. Our imaginative and prescient with Drone as a Service is to seize a part of the drone survey market that’s rising by double-digits and is predicted to achieve USD $2.5 billion by 2033. We plan to construct our nationwide presence providing ZenaDrone services and products for land surveys and plenty of different purposes,” mentioned CEO Shaun Passley, Ph.D.
In accordance with Truth.MR, the worldwide drone surveying market is poised for substantial development and is predicted to be value over USD $8 billion globally by 2033 of which North America is predicted to characterize 35%. This market is increasing at a CAGR of over 19%, pushed by growing demand from industries resembling development, agriculture, and infrastructure growth. Inside the drone surveying market, land surveys characterize 53%, with important adoption in actual property, city planning, environmental purposes and infrastructure tasks.
Drones as a Service or DaaS works equally to Software program as a Service (SaaS), however as an alternative of offering software program over the web, this enterprise mannequin affords drone know-how options and companies on a subscription or pay-per-use foundation. With DaaS, companies and authorities prospects can conveniently entry drones for duties resembling surveying, inspections, safety, legislation enforcement, or precision agriculture options with out having to purchase, function or preserve the drones themselves.
ZenaTech’s DaaS mannequin affords prospects together with authorities companies, builders and actual property builders, development companies and farmers decreased upfront prices as there isn’t a must buy costly drones, and comfort as the corporate manages upkeep and operation. DaaS additionally affords scalability to firms to make use of extra usually or much less usually primarily based on their wants and permits entry to superior drone know-how and purposes with out the necessity for specialised coaching or tools.
Correct land surveys are important for the planning, design, and execution of roads, bridges, and constructing tasks for cities, business, and residential tasks, and are required for authorized functions. Remotely piloted drones with an array of sensors and cameras, LiDAR (Gentle Detection and Ranging), and GPS techniques for capturing high-resolution footage and information are revolutionizing the land survey {industry} gathering aerial information throughout expansive terrains in a matter of hours as an alternative of weeks or months utilizing extra conventional photogrammetry strategies. Continued… Learn this full launch by visiting:
In Further ZENA Information: ZenaTech’s (NASDAQ:ZENA) ZenaDrone Growing Indoor Drone Swarm Utility for Stock Administration and Safety with Auto Components Producer Buyer – ZenaTech, Inc. this week additionally introduced its subsidiary ZenaDrone is creating a drone swarm software utilizing a number of indoor IQ Nano drones for stock administration and safety purposes. ZenaDrone is conducting this growth with its auto elements producer buyer the place it’s at the moment engaged in a paid trial.
A drone swarm is a coordinated group of autonomous drones that talk and work collectively utilizing AI and real-time information sharing, to carry out duties collaboratively with out direct human management. Drone swarms can improve effectivity, accuracy, automation and efficiency in comparison with a single drone.
“We’re pioneering the event of autonomous drone swarm know-how, revolutionizing indoor stock administration and warehouse safety by offering real-time, extra correct inventory monitoring and surveillance with decreased guide processes. We imagine this know-how will allow warehouses to function extra effectively, cut back prices, and improve security and safety whereas setting a brand new {industry} normal for AI drones,” mentioned CEO Shaun Passley, Ph.D. Continued… Learn this full launch by visiting:
Different latest developments within the drone {industry} embrace:
Purple Cat Holdings, Inc. (NASDAQ: RCAT), a drone know-how firm integrating robotic {hardware} and software program for navy, authorities, and business operations, just lately introduced that monetary outcomes for the 2024 Stub Interval (as of December 31, 2024 and the eight months then ended) might be reported on Monday, March 31, 2025 on the market shut.
Firm administration will host an earnings convention name at 4:30p.m. ET on Monday, March 31, 2025 to overview monetary outcomes and supply an replace on company developments. Following administration’s formal remarks, there might be a question-and-answer session.
events can hearken to the convention name by dialing 1-844-413-3977 (inside the U.S.) or 1-412-317-1803 (worldwide). Callers ought to dial in roughly ten minutes previous to the beginning time and ask to be linked to the Purple Cat convention name. Members may also pre-register for the decision utilizing the next hyperlink:
AeroVironment, Inc. (NASDAQ: AVAV) just lately reported monetary outcomes for the fiscal third quarter ended January 25, 2025. “We confronted plenty of short-term challenges within the third quarter, together with the unprecedented excessive winds and fires in Southern California, which impacted our means to satisfy our targets,” mentioned Wahid Nawabi, AeroVironment chairman, president and chief government officer. “However, we made important progress in direction of executing our long-term development technique and constructing resiliency for the long run.
“This quarter, we booked document Switchblade and Bounce-20 orders, which helped develop our backlog to a document $764 million. We additionally introduced our new Utah manufacturing facility, which is able to greater than double our Switchblade capability and supply resiliency towards regional climate occasions. Lastly, we made important progress in direction of finishing our BlueHalo acquisition, which we now anticipate to shut within the second quarter of calendar yr 2025. Whereas this has been a transition yr pivoting away from Ukraine demand, we nonetheless anticipate a powerful fiscal yr 2025 together with document fourth quarter income.”
KULR Know-how Group, Inc. (NYSE American: KULR) just lately introduced will maintain a convention name on Thursday, March twenty seventh at 4:30 p.m. Jap time (1:30 p.m. Pacific time) to debate its monetary outcomes for the fourth quarter and full yr ended December 31, 2024. The monetary outcomes might be issued in a press launch previous to the decision.
KULR administration will host the convention name, adopted by a question-and-answer interval. events can submit related questions previous to the decision to Stuart Smith at SmallCapVoice.Com, Inc. through e mail: ssmith@smallcapvoice.com by 5:00 p.m. ET on Friday, March twenty first, 2025. Mr. Smith will compile an inventory of questions and submit them to the Firm previous to the convention name. The questions that can get addressed might be primarily based on the relevance to the shareholder base, and the appropriateness of the questions in mild of public disclosure guidelines.
AgEagle Aerial Techniques Inc. (NYSE: UAVS) just lately introduced the appointment of Steve Mathias as Vice President of World Gross sales and Enterprise Improvement and Erik de Badts as World Head of MicaSense Gross sales. AgEagle CEO Invoice Irby commented, “As we execute a multi-faceted strategic development plan targeted on increasing our world footprint, the addition of each Steve and Erik’s spectacular pedigrees will drive innovation, foster collaboration, and make sure that we stay agile in an evolving UAS market. Steve brings multi-decade experience in navy and business aviation, each crewed and uncrewed, whereas Erik is a real subject material knowledgeable in multi-spectral sensing. We’re assured their management will assist strengthen key accomplice relationships, unlock new alternatives, and speed up income development.”
Steve Mathias is an aerospace enterprise government with over 30 years of senior management expertise in each the navy and aerospace {industry}. Previous to becoming a member of AgEagle, he served as Senior Vice President of Technique and Development at GKN Aerospace Protection, a number one world know-how firm specializing in superior aerostructures and engine techniques. Earlier than his function at GKN Aerospace, Mr. Mathias was Vice President of World Gross sales and Technique at Bell Helicopter, the place he led all home and worldwide vertical elevate protection gross sales, together with each crewed and uncrewed techniques. His background as a U.S. Military Officer consists of important particular operations and standard aviation expertise with each manned and unmanned techniques. In his last Military project, Steve served because the Deputy Chief of Workers G-8 for the U.S. Military Particular Operations Command, overseeing the necessities and Program Goal Memorandum (POM) processes for over 200 Military and Particular Operations air and land packages.
About FN Media Group:
At FN Media Group, through our top-rated on-line information portal at www.financialnewsmedia.com, we’re one of many only a few choose companies offering prime tier one syndicated information distribution, focused ticker tag press releases and inventory market information protection for right now’s rising firms. #tickertagpressreleases #pressreleases
Comply with us on Fb to obtain the newest information updates:
Comply with us on Twitter for actual time Market Information:
Comply with us on Linkedin:
DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a 3rd celebration writer and information dissemination service supplier, which disseminates digital info by a number of on-line media channels. FNM is NOT affiliated in any method with any firm talked about herein. FNM and its affiliated firms are a information dissemination options supplier and are NOT a registered dealer/seller/analyst/adviser, holds no funding licenses and will NOT promote, supply to promote or supply to purchase any safety. FNM’s market updates, information alerts and company profiles are NOT a solicitation or suggestion to purchase, promote or maintain securities. The fabric on this launch is meant to be strictly informational and is NEVER to be construed or interpreted as analysis materials. All readers are strongly urged to carry out analysis and due diligence on their very own and seek the advice of a licensed monetary skilled earlier than contemplating any degree of investing in shares. All materials included herein is republished content material and particulars which had been beforehand disseminated by the businesses talked about on this launch. FNM shouldn’t be responsible for any funding selections by its readers or subscribers. Buyers are cautioned that they might lose all or a portion of their funding when investing in shares. For present companies carried out FNM has been compensated fifty 100 {dollars} for information protection of the present press releases issued by ZenaTech, Inc. by the Firm. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This launch incorporates “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E the Securities Alternate Act of 1934, as amended and such forward-looking statements are made pursuant to the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995. “Ahead-looking statements” describe future expectations, plans, outcomes, or methods and are usually preceded by phrases resembling “might”, “future”, “plan” or “deliberate”, “will” or “ought to”, “anticipated,” “anticipates”, “draft”, “ultimately” or “projected”. You might be cautioned that such statements are topic to a mess of dangers and uncertainties that would trigger future circumstances, occasions, or outcomes to vary materially from these projected within the forward-looking statements, together with the dangers that precise outcomes might differ materially from these projected within the forward-looking statements because of varied components, and different dangers recognized in an organization’s annual report on Kind 10-Okay or 10-KSB and different filings made by such firm with the Securities and Alternate Fee. You must contemplate these components in evaluating the forward-looking statements included herein, and never place undue reliance on such statements. The forward-looking statements on this launch are made as of the date hereof and FNM undertakes no obligation to replace such statements.
Contact Data:
Media Contact e mail: editor@financialnewsmedia.com – +1(561)325-8757
SOURCE: FN Media Group
