Distributed on behalf of ZenaTech.
The drone industry is still flying higher, creating big opportunity for investors in ZenaTech (NASDAQ: ZENA), AeroVironment (NASDAQ: AVAV), Leonardo DRS (NASDAQ: DRS), L3Harris Technologies (NYSE: LHX) and Red Cat Holdings (NASDAQ: RCAT).
That’s because drones are quickly becoming an essential tool for the U.S. government, and multi-billion-dollar businesses involved in defense, construction, logistics, agriculture, oil and gas, public security and even deliveries.
Look at ZenaTech’s Drone as a Service (DaaS), for example.
With DaaS, a potential $355.55 billion market, the company provides business and government clients flexible and on-demand or subscription-based access to drone services for surveying, inspection, maintenance, power washing, inventory management, and precision agriculture and other services, without the capital costs or operational burdens of ownership.
Fueling upside, ZenaTech just Strengthened its DaaS Capabilities for Government and Aviation Markets Closing Acquisition of Smith Surveying Group in Jacksonville, Fla.
ZenaTech (NASDAQ: ZENA) just announced the completion of its acquisition of Smith Surveying Group LLC, a Jacksonville, Fla.-based land surveying and inspection firm with longstanding expertise and clients across municipal, aviation, and commercial markets.
This 13th acquisition added to the Drone as a Service network strengthens the company’s capabilities to serve government and aviation markets in one of Florida’s fastest-growing metropolitan areas also known for its aviation and aerospace presence.
“Smith Surveying Group brings a long history and trusted relationships with Jacksonville area customer communities and offers enormous opportunities to deploy our Drone as a Service solutions across important verticals like transportation, public works, utilities, commercial, and coastal development survey markets,” said Shaun Passley, Ph.D., ZenaTech CEO. “The Florida aviation market is currently experiencing substantial investments in airport expansion and upgrades, which is driving demand for fast and efficient drone-based surveying and inspections, and we are ready to service these needs.”
Even better, Florida’s ongoing investment in aviation and infrastructure further accelerates this opportunity considering the state’s 2025/26 budget that dedicates over $345 million to airport modernization, expansion, and maintenance, driving strong demand for drone-based construction land surveys.
Other related developments from around the markets include:
AeroVironment, a global defense technology leader delivering software-enabled disruptive autonomous systems, today announced a collaboration with OpenJAUS, LLC., a leader in middleware software solutions for unmanned and robotic systems, to integrate the JAUS standard into AV_Halo™ Command, a first-of-its-kind cross-architecture software solution for controlling uncrewed systems (UxS). The collaboration integrates AV_Halo Command’s modular software and suite of application programming interfaces (APIs) with the OpenJAUS software development kit (SDK), creating a unified, open-standards framework for rapid UxS and control system integration. The integration extends AV_Halo compatibility to seamlessly incorporate JAUS-compliant assets, allowing original equipment manufacturers (OEMs) to integrate their platforms faster and more easily.
Leonardo DRS, a leading provider of advanced defense technologies, today reported financial results for the third quarter 2025, which ended September 30, 2025. “Broad-based customer demand was evident in our exceptional bookings and organic revenue growth in the third quarter. Our year-to-date performance puts us on a solid path to deliver double-digit revenue growth and to execute against our financial commitments for 2025. We are making steady progress on strengthening Germanium supply and remain focused on disciplined program execution throughout the business,” said Bill Lynn, Chairman and CEO of Leonardo DRS.
L3Harris Technologies reported third quarter 2025 results. “We delivered another strong quarter, with robust organic revenue growth of 10%, reflecting our commitment to operational excellence and relentless focus on execution as drivers of profitable growth. We are driving sustained performance, marking our eighth consecutive quarter of year-over-year adjusted segment operating margin expansion, and advancing our strategic priorities in support of our customers’ missions. With increasing demand, a record pipeline, and timely investments made ahead of the curve in growth areas like space and munitions, we are on track to achieve our 2026 Financial Framework and positioned to deliver long-term profitable growth,” said Christopher Kubasik, Chair and CEO, L3Harris.
Red Cat Holdings, a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced that its FANG™ FPV drone system has been officially added to the Department of War’s Blue UAS Cleared List. This designation affirms that the complete FANG system, previously pending inclusion, meets the Pentagon’s highest standards for cybersecurity, supply chain integrity, and operational trustworthiness. With full certification, the system is now eligible for streamlined acquisition by the Department of War and other federal agencies, with no need for additional cybersecurity approvals or sourcing waivers. “Blue UAS certification of our full system marks the next phase for FANG,” said Jeff Thompson, CEO of Red Cat. “This not only validates our hardware and engineering, but it also makes it easier for defense and security customers to move fast and confidently with a fully approved, low-cost, American-made FPV drone. We’re proud to deliver a platform that meets the highest standards and is ready to scale where and when it’s needed.”
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