ZenaTech Expands Global Reach with Frankfurt Stock Exchange Listing

ZenaTech, Inc. (Nasdaq: ZENA, FSE: 49Q), a technology company specializing in AI drone solutions and enterprise SaaS applications, has announced the dual listing of its common shares on the Frankfurt Stock Exchange (FSE) under the symbol "49Q". This strategic move, effective as of October 31, 2024, marks a significant step in the company's global expansion and investor outreach efforts.

The decision to list on the Frankfurt exchange is poised to have far-reaching implications for ZenaTech's market presence and liquidity. As the largest exchange in Germany and the third-largest in Europe based on market capitalization, the FSE offers ZenaTech access to a vast pool of European investors. This expanded investor base could potentially lead to increased trading volume and enhanced liquidity for the company's shares.

ZenaTech's CEO, Shaun Passley, Ph.D., emphasized the strategic importance of this listing, stating, "This listing is also strategic to our business, given our existing office in Germany, customers in Europe, and ongoing European growth of our SaaS software and AI drone business operations." The move aligns with ZenaTech's existing European presence and could facilitate further expansion in the region.

The company's core business focuses on AI drone solutions and enterprise SaaS solutions for mission-critical applications. With over 100 enterprise software customers in law enforcement, government, and industrial sectors, ZenaTech has established a strong foothold in North America. The FSE listing may provide the company with increased visibility among European clients and partners, potentially accelerating its growth in these markets.

ZenaTech's subsidiary, ZenaDrone, develops autonomous business drone solutions with applications ranging from agriculture to defense. The company's products, including the ZenaDrone 1000 for outdoor applications and the IQ Nano for indoor use, demonstrate its innovative approach to addressing diverse industry needs. The increased exposure from the FSE listing could lead to new partnerships and market opportunities for these cutting-edge technologies in Europe.

The timing of this listing is particularly noteworthy given the growing interest in AI and drone technologies across various sectors. As industries seek to improve efficiency and reduce costs, ZenaTech's solutions could see increased demand. The dual listing may position the company to capitalize on this trend more effectively in the European market.

However, potential investors should note that while this listing opens new opportunities, it also comes with inherent risks. The company's forward-looking statements indicate various factors that could affect future performance, including market volatility, regulatory challenges, and the competitive landscape in the technology sector.

In conclusion, ZenaTech's dual listing on the Frankfurt Stock Exchange represents a significant milestone in the company's growth strategy. By increasing its accessibility to European investors and aligning with its existing European operations, ZenaTech is positioning itself for potential expansion in a key global market. As the AI and drone technology sectors continue to evolve, this move could play a crucial role in shaping ZenaTech's future in the international technology landscape.