BRIEF

on ZenaTech Inc. (isin : CA98936T2083)

ZenaTech Acquires Warehouse Software Companies for AI Integration

Toronto-based ZenaTech, Inc. has announced the acquisition of Ecker Capital LLC, the holding company for InterlinkONE Inc. and Interactive Systems Inc. These software companies are set to integrate with ZenaTech's ZenaDrone IQ Nano AI for automated inventory management. The deal aims to enhance ZenaTech's portfolio by adding recurring revenue streams and expanding its customer base.

The acquisition, pending regulatory approval, promises significant functionality improvements for warehouse and logistics operators. CEO Shaun Passley emphasizes the potential for cost-saving efficiencies in inventory management, predicting millions in savings for multi-warehouse clients.

The ZenaDrone IQ Nano, a compact indoor drone, is integral to the offering. It features autonomous functions like bar code scanning and 3D mapping, bolstering inventory accuracy and facility inspections. This strategic move underscores ZenaTech's commitment to integrating cutting-edge AI solutions in operational processes.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ZenaTech Inc. news