Now that ZenaDrone has achieved TRL 7, it is eligible to submit a Phase II SBIR grant for external funding of its cargo delivery solution. ![]() This is a measure of technology maturity during the acquisition phase of the SBIR program, with 9 being the most mature technology. Last month, Epazz announced that ZenaDrone has advanced to Technology Readiness Level 7 (TRL 7). ZenaDrone also recently secured a utility patent for its game-changing AI-predictive drone, the Smart Charging Pad.ĮPAZ's success with the military follows on the coattails of multiple meetings and demonstrations with various branches of the military their most recent demonstration was a full-flight demonstration of the ZendaDrone 1000 with the US Army. Their flagship drone, the ZenaDrone 1000, has caught the attention of various branches of the US military. Epazz is an emerging player in the drone technology space with their spinoff company, ZenaDrone. The first stock we're going to look at is Epazz, Inc. In this article, we will take a closer look at the drone and UAV market and highlight four companies that are making a name for themselves in the sector: EPAZ, AVAV, KTOS, and AITX. As the drone and unmanned aerial vehicle (UAV) market continues to grow, many different companies are emerging as industry leaders and presenting a range of investment opportunities for investors. ![]() The adoption of drone technology has been on the rise in various industries, including the military, agriculture, real estate, delivery services, and surveillance, among others. Industry experts predict that this trend will continue in the coming years, with a CAGR of 38.6% from 2023 to 2030, offering a potentially profitable investment opportunity for interested investors. The drone industry has been experiencing explosive growth in recent years, with no signs of slowing down.
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