13 AI News and Ratings Gaining Investor Attention

11. ZenaTech, Inc. (NASDAQ:ZENA)

Number of Hedge Fund Holders: 4

ZenaTech, Inc. (NASDAQ:ZENA) develops cloud-based solutions for various industries and also manufactures and sells drones.

On March 4, ZenaTech announced that its Taiwan subsidiary, Spider Vision Sensors, is expanding partnerships across East Asia to serve the growing government defense and commercial drone markets. The company is also working with local manufacturers to ensure U.S. military compliance in producing sensors, cameras, and parts for its AI-powered ZenaDrone 1000 and IQ series drones. To support these efforts, ZenaTech has hired two business development managers and plans to recruit up to five engineers for its Taiwan office in the coming month. CEO Shaun Passley commented:

“The East Asian drone market, particularly Taiwan, Japan and South Korea, is rapidly growing for military defense and commercial needs. Expanding our Asian customer sales footprint was always part of our plan. Non-Chinese Asian component partnerships are of strategic importance for the creation of our US Defense-compliant cameras, sensors and parts that will help bring our products to market faster.”