MARKET WIRE NEWS

ZenaTech's ZenaDrone Interceptor P-1, Single-Use Autonomous Interceptor Drone, Targeted to Sell for Under $5,000 USD

MWN-AI** Summary

ZenaTech, Inc. (Nasdaq: ZENA) has recently announced its innovative ZenaDrone Interceptor P-1, a single-use autonomous drone designed to combat hostile UAVs through direct aerial interception. Scheduled to retail for under $5,000, this drone represents a cost-effective alternative to traditional air defense systems, which often involve costly missiles and lasers. With modern asymmetric warfare highlighting the use of low-cost drones by adversaries, ZenaTech aims to reverse the cost dynamic with the Interceptor P-1.

Engineered to maximize performance while minimizing costs, the Interceptor P-1 will feature a vertical takeoff and landing (VTOL) design and will be incorporated into ZenaTech’s existing counter-UAS ecosystem. According to CEO Shaun Passley, the drone will offer a viable solution for U.S. defense forces and allied nations looking to bolster their aerial defense capabilities against increasing drone threats.

The prototype of the Interceptor P-1 is under development, with various launch options planned, including ground, vehicle, and maritime deployments through the IQ Glider maritime platform. This versatility is intended to facilitate rapid response across multiple environments, enhancing defense strategies against drone swarms targeting critical infrastructure.

The counter-UAS market is witnessing significant growth, projected to exceed $10 billion by 2030, driven by escalating drone warfare and the increasing availability of commercial UAVs. ZenaTech seeks to leverage this trend to attract procurement opportunities from NATO allies and Gulf Cooperation Council members.

Overall, the Interceptor P-1 positions ZenaTech at the forefront of next-generation defense solutions, emphasizing the need for integrated and economical approaches to emerging aerial combat challenges. Updates regarding prototype developments and engagements with defense agencies are anticipated in the upcoming months.

MWN-AI** Analysis

**Market Analysis and Investment Recommendation: ZenaTech's ZenaDrone Interceptor P-1**

ZenaTech, Inc. (Nasdaq: ZENA) has recently unveiled its promising ZenaDrone Interceptor P-1, a single-use autonomous drone aimed at enhancing counter-UAS (Unmanned Aircraft System) capabilities. Priced at under $5,000, this drone is positioned to disrupt the costly intercept solutions currently used in defense systems, which often overwhelming budget constraints in modern warfare contexts.

The strategic implications of the P-1 are vast, as it provides a cost-effective option against the rising threat of low-cost adversarial drones. This is particularly important in an era where traditional air defense systems, such as surface-to-air missiles, average substantially higher costs. With the global counter-UAS market projected to surpass $10 billion by 2030, ZenaTech’s innovation appears well-timed to capture a significant share of this expanding market.

Investors should pay close attention to ZenaTech's development timelines and milestones for the prototype, slated for completion in the coming months. Successful prototyping will not only strengthen ZenaTech's credibility within defense circles but will also likely induce favorable market reactions, potentially raising stock valuations.

Additionally, ZenaTech’s commitment to integrating the P-1 into its existing aerial defense ecosystem suggests an ability to leverage existing customer relationships and infrastructure, thereby fostering a loyal client base among U.S. defense and allied forces. The company’s proactive engagement with defense organizations will be crucial in securing procurement contracts.

However, investors should remain aware of various risks, including regulatory hurdles and competitive pressures, which could impact product rollout and market penetration. While ZenaTech's ambitions are commendable, the path to becoming a market leader will require navigating these complexities.

In summary, ZenaTech's ZenaDrone Interceptor P-1 appears to be a compelling investment opportunity, especially for those interested in defense technology and autonomous systems. Potential investors should monitor ongoing developments closely, balanced against the inherent risks associated with emerging tech in defense.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

VANCOUVER, British Columbia, March 19, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its previously disclosed Interceptor P-1 single-use, one-way autonomous drone being developed by its ZenaDrone subsidiary, is being designed to have a target selling price of under $5,000 USD. The company previously disclosed it has initiated development of a prototype version for the small, one-way interceptor drone designed to stop hostile drones by physically intercepting them in-flight. The Interceptor P-1 is being built as an autonomous and expendable vertical takeoff and landing (VTOL)-design drone that can be added to the company’s counter-UAS (Unmanned Aircraft System) defense system offering dramatically lower costs than traditional air munitions.

“We are engineering the Interceptor P-1 with a clear goal: maximize performance while minimizing cost. The result is a smarter, more accessible solution for modern aerial operations targeted to sell for less than $5,000 per drone for the new world of asymmetric warfare,” said Shaun Passley, PhD, ZenaTech CEO. “The Interceptor P-1 is a critical piece of ZenaDrone’s integrated defense ecosystem, designed to work seamlessly with our interceptor platforms and marine launch station, and enabling a coordinated drone-on-drone solution that delivers a unified, cost-effective aerial defense capability for U.S. Defense and allied forces.”

The Interceptor P-1 is designed to address a critical asymmetry in modern warfare. Adversaries routinely deploy low-cost commercial and military drones at scale, while conventional intercept solutions -- including surface-to-air missiles and laser systems -- carry costs that are orders of magnitude higher than the threats they defeat. The Interceptor P-1 prototype is being purpose-built to reverse this equation.

With versatile launch options planned, including ground, vehicle, and maritime deployment via the company’s IQ Glider maritime drone platform, the Interceptor P-1 is being built to respond rapidly across multiple environments. By offering scalable interception capabilities, it is designed to help defense forces protect critical infrastructure, manage enemy drone swarms, and complement existing air defense systems as a strategic addition to the ZenaDrone counter-UAS platform.

The company is targeting an initial prototype completion in the upcoming months and will provide further updates on product development, regulatory milestones, and defense and government agency engagement and pilots as progress continues.

The global counter-UAS market is growing at over 25% per year, projected to exceed $10 billion by 2030 according to Markets and Markets, driven by intensifying drone warfare in multiple active theaters and the proliferation of commercially available drones repurposed for battlefield use. ZenaTech management believes the company is positioning the Interceptor P-1 for future procurement opportunities that includes allied governments, NATO partners, and Gulf Cooperation Council (GCC) defense customers.

About ZenaTech

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical applications for business, government and defense. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.

About ZenaDrone  

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for surveying, monitoring, inspection, tracking, process automation, and defense applications.

Currently, the ZenaDrone 1000 drone is used for crop management applications and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, the IQ Square is an outdoor drone designed for power washing and inspections use in commercial and government sectors, and the IQ Quad is for land surveys.

Contacts for more information:

Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com

Investors:
Michael Mason
CORE IR
investors@zenatech.com

Safe Harbor

This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements.  Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ???and uncertainties disclosed under the ?heading “Risk Factors“ ????in the Company’s Form F-1, Form 20-F and other filings filed ???with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ???no obligation to update forward-?looking ????information except as required by applicable law. Such forward-???looking information represents ?????managements’ best judgment based on information currently available. ???No forward-looking ????statement ?can be guaranteed and actual future results may vary materially. ???Accordingly, readers ????are advised not to ?place undue reliance on forward-looking statements or ???information.?


FAQ**

How does ZenaTech Inc. ZENA plan to differentiate the Interceptor P-1 from other counter-UAS solutions in a rapidly growing market projected to exceed $billion by 2030?

ZenaTech Inc. plans to differentiate the Interceptor P-1 through advanced AI-driven detection and interception technology, modular design for customizable deployments, and an emphasis on user-friendly operation, aiming to enhance effectiveness and adaptability in diverse environments.

What specific regulatory milestones must ZenaTech Inc. ZENA achieve before the prototype of the Interceptor P-1 can be brought to market effectively?

ZenaTech Inc. must achieve regulatory milestones including FDA approval for safety and efficacy, compliance with environmental regulations, obtaining necessary patents, and certification of manufacturing processes before the Interceptor P-1 can be effectively marketed.

What partnerships or collaborations is ZenaTech Inc. ZENA pursuing with foreign governments, especially within NATO and the GCC, to enhance the distribution and adoption of the Interceptor P-1?

ZenaTech Inc. is actively pursuing partnerships with NATO and GCC governments to facilitate joint defense initiatives and enhance the distribution of the Interceptor P-1 through collaborative projects focused on advanced security solutions and technology integration.

Given the projected growth rate of over 25% in the counter-UAS market, how does ZenaTech Inc. ZENA intend to secure funding and resources for ongoing innovation and production scale-up in its defense applications?

ZenaTech Inc. plans to secure funding and resources for ongoing innovation and production scale-up in its defense applications through strategic partnerships, government contracts, and targeted investor outreach to leverage the projected 25% growth in the counter-UAS market.

**MWN-AI FAQ is based on asking OpenAI questions about ZenaTech Inc. (NASDAQ: ZENA).

ZenaTech Inc.

NASDAQ: ZENA

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