Zenatech's zenadrone benefits from new chinese tariffs also helping its commercial and defense customer markets
Vancouver, british columbia, march 06, 2025 (globe newswire) -- zenatech, inc. (nasdaq: zena) (fse: 49q) (bmv: zena) ("zenatech"), a technology company specializing in ai (artificial intelligence) drones, drone as a service (daas), enterprise saas and quantum computing solutions, today announces an update on its us-based zenadrone subsidiary's arizona and taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current us administration. zenadrone will continue to source and manufacture drone cameras, sensors and other related components at its taiwan-based spider vision sensors company to reduce its supply chain risk and ensure ndaa-compliant parts for its us defense-destined drone products, which will be manufactured in arizona. the company also benefits from recent announcements doubling tariffs on chinese imports including drones and parts from 10% to 20% which will negatively impact many us drone companies and customers given the drone industry dominance of china.
ZENA Ratings Summary
ZENA Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission