# ZenaTech

ZenaTech is an Asset Manager based in Vancouver, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Vancouver, Canada
- **Region:** North America
- **Address:** Vancouver, BC, Canada
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** zenatech.com
- **LinkedIn:** https://www.linkedin.com/company/zenatech

## Regulatory record

- **Reports private funds:** No

## About

Shaun Passley, who holds a PhD in engineering, established ZenaTech in 2017 and took the company public on the Canadian Securities Exchange in 2019. The firm initially focused on software solutions for precision agriculture, later expanding into hardware-integrated drone services and, in 2023–2024, signaling an intent to develop quantum computing applications for drone networks. ZenaTech operates through multiple subsidiaries, including ZenaDrone, which manufactures the ZenaDrone 1000 — an unmanned aerial vehicle used for inspections, spraying, and security — and is building a manufacturing presence in Phoenix, Arizona. The company's strategy combines proprietary enterprise software development with a buy-and-build approach to drone services. It targets the agriculture, oil and gas, and defense surveillance markets, with the ZenaDrone 1000 designed to carry heavy payloads for crop spraying and LiDAR mapping. In September 2024, ZenaTech announced a partnership with the US Department of Defense to trial its drones for logistics and surveillance. The team remains small, with Passley serving as the primary public-facing executive. The firm's 2024 filing documents describe plans for a Nasdaq uplisting and a pivot toward "Drone-as-a-Service" subscription models. September 2024: ZenaTech announced a partnership with the US Department of Defense to trial its drones for logistics and surveillance (per the firm, September 2024). The company has also created a separate entity, ZenaQ, to explore quantum computing applications for optimizing drone swarm communications, though revenue from this unit remains pre-commercial. ZenaTech's structural differentiator is its hybrid posture as both a product manufacturer and a consolidator of regional drone-service businesses, all within a small-cap public vehicle. Unlike most enterprise software firms, it carries physical inventory and must manage hardware supply chains; unlike pure-play drone makers, it maintains a growing software-subscription layer. This dual identity forces the company to balance R&D burn with integration costs, a tightrope that few publicly listed micro-caps attempt across three continents at once.

## Sectors

- Enterprise Software
- Aerospace, Defense & Security
- AI/ML

## People

- Shaun Passley — Chief Executive Officer

## Questions

### Who runs investment decisions at ZenaTech?

As an operating company rather than an investment firm, capital allocation decisions at ZenaTech are made by CEO Shaun Passley and the board of directors. The company's public filings and governance disclosures indicate that Passley maintains significant operational and strategic control.

### What investment stages does ZenaTech typically target?

ZenaTech is not a growth-stage investor. As a public operating company, it acquires mature, cash-flow-positive small businesses in the drone services sector. The firm's strategy resembles a classic industry roll-up, targeting operators with established regional footprints and recurring inspection or spraying contracts.

### What is ZenaTech's known posture on co-investments alongside external partners?

The firm has not syndicated co-investments in the style of a private equity manager. Its 2024 US Department of Defense partnership is structured as a product trial and service contract, not an equity co-investment. The ZenaQ quantum computing entity was formed internally, without disclosed external venture partners.

### How is ZenaTech related to ZenaDrone and ZenaQ?

ZenaDrone and ZenaQ are wholly owned subsidiaries of ZenaTech, Inc. ZenaDrone manufactures the ZenaDrone 1000 unmanned aerial vehicle, while ZenaQ was formed to explore quantum computing applications for drone network optimization. Both entities roll up into the publicly traded parent, ZenaTech, which reports consolidated financials.

## Related profiles

- [AMTD IDEA Group](https://altss.com/profile/amtd-idea-group)
- [Largo](https://altss.com/profile/largo-inc)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/zenatech-inc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology