ZenaTech Inc. (NASDAQ: ZENA) announced a partnership program targeting profitable, revenue-generating companies in defense technology, enterprise software, and AI infrastructure sectors. The drone technology company said it has entered non-binding letters of intent with select parties for potential acquisition partnerships.

The Vancouver-based company seeks closely held businesses that generate positive operating cash flow or have a clear path to profitability under ZenaTech ownership. Target companies must align with ZenaTech's existing platform across defense technology, enterprise software as a service, drone automation services, AI infrastructure, and specialty manufacturing.

"For the past five years, we have deliberately built the ZenaTech operating platform — engineering, manufacturing, software development, and a global footprint — and we built it to be a home where strong companies can do their best work," said CEO Shaun Passley.

ZenaTech operates through subsidiaries including ZenaDrone for drone manufacturing and a separate enterprise software division. The company provides drone-as-a-service solutions for land surveys, inspections, and automation across North America, Europe, the Middle East, and Asia.

The acquisition strategy focuses on companies that can contribute meaningful consolidated revenue and extend ZenaTech's presence in priority markets. Geographic targets include North America, Europe, and Asia-Pacific regions.

Specific sectors of interest include defense technology and unmanned systems, enterprise productivity software with recurring revenue models, AI infrastructure and applied AI applications, drone service automation operators, and specialty manufacturing companies with production capabilities for electronics or composites.

The company stated that founders and owners interested in partnerships can contact ZenaTech directly, with all conversations treated as confidential. Updates on potential agreements will be provided subject to final negotiations, due diligence completion, and standard closing conditions.