ZenaTech Inc. (NASDAQ:ZENA) saw its stock price increase by 4.5% in premarket activity on Thursday following an update on its proprietary quantum computing hardware platform. The company, which specializes in AI-powered drone technologies along with quantum computing solutions, has identified the essential technological components and selected vendors to begin procuring key parts needed for its initial quantum computer prototype.
This quantum computing platform is designed to handle the extensive datasets generated by the firm's ZenaDrone systems. It aims to deliver real-time, actionable insights to support military and government missions, thereby enhancing autonomous drone functionality in operationally contested areas.
Shaun Passley, Ph.D., the CEO of ZenaTech, emphasized the strategic significance of this development, stating, "Creating our own quantum computer prototype is an important foundational step in having a vertically integrated platform designed to handle the massive volumes of data generated by our drone systems and to support mission-critical intelligence capabilities that modern defense forces demand."
The targeted quantum computer will feature five qubits and is planned to be completed and operational by the end of 2026. In addition to processing drone data, this platform is expected to bolster complex artificial intelligence applications within ZenaTech’s broader research and development portfolio. These include the Eagle Eye defense initiative, the Clear Skies project focused on weather forecasting and wildfire management, and Sky Traffic management systems.
Central to ZenaTech’s approach is improving the processing of intricate datasets originating from coordinated drone swarms. Such enhancements aim to advance threat detection accuracy and improve decision-making support in defense-related applications.