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Global Shift in Governmental Policies Incentivizing U.S. Manufacturing for Drone Manufacturers

GlobeNewswire LogoGlobeNewswire2d ago

Global Shift in Governmental Policies Incentivizing U.S. Manufacturing for Drone Manufacturers - GlobeNewswire

Quick Summary:

In taking action to level the playing field and promote competition, the U.S.government should coordinate activities with allied and partner nations to create a stronger, more secure supply chain.” ZenaTech (NASDAQ:ZENA) ZenaDrone Benefits from New Chinese Tariffs Also Helping its Commercial and Defense Customer Markets - ZenaTech, Inc.(FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, today announces an update on its US-based ZenaDrone subsidiary’s Arizona and Taiwan manufacturing supply chain strategy in light of the current economic changes and tariffs announced by the current US Administration.

AUVSI is advocating for specific proposals that would generate demand for U.S.-made drones and supply-side measures that level the playing field for U.S.drone and component manufacturers against subsidized competition and dumping practices.” Active Companies in the drone industry today include ZenaTech, Inc.(NASDAQ: ZENA), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc.(NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc.(NASDAQ: KTOS), ParaZero Technologies Ltd.(NASDAQ: PRZO).

AUVSI, an industry insider reported: "that it believes it is essential to advance security and competitiveness in a thoughtful way that respects existing investments while building toward a more secure, sustainable future that puts U.S.interests ― including security, the economy, and overarching values ― first.U.S.drone manufacturers and their component supply chain have struggled to compete against foreign subsidized competition, which hinders the availability of American-made UAS on the market and impedes workforce growth and investment.Accordingly, the U.S.government must foster a more competitive and fair playing field for U.S.-based drone manufacturers.

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Article Details

Author / Journalist: FN Media Group LLC

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 14:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1988 words

Reading Time: 12 minutes read

Sentences: 62 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 26697540

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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