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Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the provision of consumer space experience using reusable spaceflight systems. The firm is also involved in designing, developing, and manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems. The company was founded on May 5, 2017 and is headquartered in Tustin, CA.

Virgin Galactic Holdings Inc - Ordinary Shares - Class A

Virgin Galactic Holdings Inc

Virgin Galactic is experiencing high volatility as investors speculate on a sympathy rally driven by the highly anticipated SpaceX IPO, leading to intense debate among traders over whether it is a legitimate high-beta play or a target for ticker confusion trades. The stock is seeing massive social media engagement, with many in the community debating the potential for a short squeeze while others warn of a classic 'buy the rumor, sell the news' outcome.

Adobe, Inc. is a global technology company, which engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products and services that enable individuals, teams, businesses, and enterprises to create, publish, and promote content anywhere and accelerate productivity by transforming view, share, engage with and collaborate on documents and creative content. The Digital Experience segment focuses on integrated platform and set of products, services, and solutions that enable businesses to create, manage, execute, measure, monetize, and optimize customer experiences that span from analytics to commerce. The Publishing and Advertising segment includes legacy products and services that address diverse market opportunities, including eLearning solutions, technical document publishing, web conferencing, document and forms platform, web app development, high-end printing, and Adobe Advertising offerings. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

Adobe Inc

Adobe is facing intense selling pressure as investors grapple with leadership transitions and concerns over AI's long-term impact on its business model, despite the company delivering a beat-and-raise earnings report. While the community is deeply divided between those viewing the current valuation as a generational bargain and those concerned that the stock is a value trap struggling against technological disruption.

Rocket Lab Corp. engages in the development of rocket launch and control systems for the space and defense industries. It operates through the Launch Services and Space Systems segments. The Launch Services segment provides launch services to customers on a dedicated mission or ride-share basis. The Space Systems segment consists of spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and on-orbit mission operations. The company was founded by Peter Beck in 2006 and is headquartered in Long Beach, CA.

Rocket Lab Corp.

Rocket Lab USA Inc

Rocket Lab is attracting significant attention as investors position themselves for the upcoming SpaceX IPO, with community sentiment fueled by the recent Nasdaq-100 inclusion and expectations of institutional capital rotation. While some participants are actively trading the volatility, others view the stock as a strategic long-term proxy within the broader space infrastructure sector.

Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. It operates through the Automotive and Energy Generation and Storage segments. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of solar energy generation, energy storage products, and related services and sales of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.

Tesla Inc

Tesla is seeing intense volatility and speculative fervor as investors rebalance portfolios ahead of the SpaceX IPO, fueling intense debate over potential cross-company synergies and merger rumors. The community is actively tracking geopolitical tensions and the impact of institutional capital inflows on the stock's short-term price action.

Velo3D, Inc. operates as a technology company, which engages in developing and manufacturing metal laser sintering printing machines for 3D printing. Its products include assure system, flow software, sapphire printer & sapphire XC. The company was founded by Benyamin Buller in June 2014 and is headquartered in Fremont, CA.

Velo3D Inc

Velo3D is experiencing significant momentum driven by its role as a key manufacturing partner for aerospace giants like SpaceX, coupled with bullish sentiment surrounding upcoming space-sector IPOs. While community discourse is divided between long-term investors highlighting recent defense contracts and strong growth metrics, and traders focused on potential dilution risks and high short interest, the stock remains a central topic for those looking for exposure to advanced additive manufacturing in the defense and space industries.

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

EchoStar Corp - Ordinary Shares - Class A

EchoStar Corp

EchoStar is trending as investors position it as a primary public-market proxy for SpaceX, driven by its significant equity stake and ongoing spectrum deals with the space giant. The community is actively debating the potential for a short squeeze and the stock's valuation as a 'backdoor' play ahead of the highly anticipated SpaceX IPO.

SharonAI Holdings, Inc. operates as a holding company that develops and delivers GPU cloud computing and AI solutions. The company was founded on December 30, 2024 and is headquartered in New York, NY.

SharonAI Holdings Inc. - Ordinary Shares - Class A

SharonAI is currently trending as investors react to a major multi-year compute partnership with NVIDIA, which community members view as a significant catalyst for growth and cloud infrastructure expansion. Discussions are primarily focused on the company's tight float, high-profile contracts, and the potential for a strong upward price movement driven by institutional accumulation and the ongoing AI data center sector shift.

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

AST SpaceMobile Inc - Ordinary Shares - Class A

AST SpaceMobile Inc

AST SpaceMobile is seeing increased momentum as investors position themselves ahead of the upcoming BlueBird satellite launch and the broader market focus on the space sector. The community is actively discussing its unique direct-to-smartphone technology and strategic partnerships with major mobile network operators as key differentiators.

TRUMP is a politics-themed digital coin built on the Solana blockchain that uses the brand of Donald Trump to foster a community-driven ecosystem. As a community-focused asset, it is designed to bridge political support with web ownership, operating within the PolitiFi sector to blend political movements with decentralized finance tools. The project's main value proposition lies in its official ties to Donald Trump’s media and business brands, which allows it to provide unique physical utility such as invitations to gala dinners and meetings at Mar-a-Lago.  The token serves as the primary currency for the officially licensed Trump Billionaires Club mobile and web game, where it is used for in-game purchases and unlocking features. By leveraging the Solana blockchain, the project ensures that these in-game actions and token transfers remain fast and cost-effective. The ecosystem remains stable through a programmatic release schedule that introduces new tokens slowly to prevent supply shocks, alongside the use of specialized market makers to maintain consistent liquidity for traders.  Holders can also participate in liquidity sharing by providing their tokens to automated systems to facilitate trading for others, often earning rewards or prizes in return. Beyond digital utility, holding a specific amount of the token is a requirement for attending exclusive real-world events, including VIP parties at Mar-a-Lago. The project is managed by the Trump Meme Team and is linked with Trump Media, with an investor base that includes a wide range of retail buyers and large holders who utilize secure custody services for their assets.

Trump For President

$TRUMP.X is experiencing extreme volatility and intense community debate following recent reports of security incidents involving Donald Trump, leading to wild speculation about potential market manipulation and the project's long-term viability. Investors remain deeply divided, with some betting on a rapid recovery while vocal critics continue to characterize the asset as a speculative scam amidst broader concerns about the Trump-affiliated crypto ecosystem.

Tema ETF Trust - Tema Space Innovators ETF

Tema Space Innovators ETF

The Tema Space Innovators ETF is seeing significant market interest as investors position themselves ahead of the highly anticipated SpaceX IPO, with the community actively debating whether to hold exposure through the fund or rotate into the IPO directly. Despite recent price volatility and sector-wide fluctuations, sentiment remains divided between those viewing the pullback as a strategic buying opportunity and others concerned about potential post-IPO liquidity shifts.

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<ul><li>Land package expansion: Makenita Resources (KENY) has more than doubled its Serpentinization Iron-Magnetite Project in Saskatchewan from 23,517 to 51,304 contiguous acres, directly bordering Max Power Corp (MAXX).</li></ul>&nbsp;<ul><li>Prospective commodities: The project targets iron and magnetite, with additional upside potential for naturally occurring hydrogen production by stimulating iron-rich magnetite formations through serpentinization.</li></ul>&nbsp;<ul><li>Tight share structure: With just over 30 million shares outstanding, management sees meaningful leverage to any exploration success and anticipates an active remainder of 2026 across multiple projects.</li></ul>Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Makenita Resources Inc. (CSE:&nbsp;KENY)&nbsp;(WKN:&nbsp;A40X6P) (OTCID:&nbsp;KENYF)&nbsp;("Makenita") is pleased to announce it has more than doubled its Serpentinization Iron-Magnetite Project in Saskatchewan, growing the contiguous land package from 23,517 to 51,304 acres. The project directly borders Max Power Corp (MAXX) and is prospective for iron and magnetite. Management is currently formulating plans to commence work as soon as possible.Jason Gigliotti, President of Makenita Resources, commented: "We are pleased to expand this land package to 51,304 contiguous acres directly bordering Max Power Corp. The project offers strong prospectivity for iron and magnetite, and in certain situations where large iron formations are rich in magnetite, that formation can be stimulated to produce naturally occurring hydrogen. With just over 30 million shares outstanding, any success on the ground would have a meaningful impact given our small float. We anticipate an active remainder of the year across multiple projects and remain very optimistic about our near- and mid-term outlook."Qualified PersonThe technical contents of this release were reviewed and approved by Frank Bain, PGeo, independent of the company and qualified person as defined by National Instrument 43-101.About Makenita Resources Inc.Makenita currently has several projects located in Canada. The Sisson West Tungsten Project, consisting of approximately 9,845 contiguous acres prospective for Tungsten, located in New Brunswick directly bordering Northcliff Resources Ltd.'s (NCF) Sisson Tungsten Mine as well as the 51,304 acre "Serpentinization Iron-Magnetite Project" in Saskatchewan bordering Max Power Corp. Makenita also has the approximately 9,000 acre "NTX Rare Earth Project" in Quebec prospective for rare earths. Lastly, Makenita has the 5,542-acre Hector Property which is in the vicinity of the town of Cobalt, Ontario, which is prospective for cobalt, silver and diamonds. Management cautions that past results or discoveries on properties in proximity to Makenita may not necessarily be indicative of the presence of mineralization on the Company's properties.This land was acquired via staking.<div>Makenita Resources Inc."Jason Gigliotti"Jason Gigliotti President, Chief Executive Officer and DirectorFor more information regarding this news release, please contact:Makenita Resources Inc.Jason Gigliotti, President, CEO and Director T: 604-609-6527 E: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:info@makenitaresources.com">info@makenitaresources.com</a> W: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://api.newsfilecorp.com/redirect/3K8JGTeRqQ">www.makenitaresources.com</a></div>The CSE has neither approved nor disapproved of the contents of this press release.Forward-Looking StatementsCertain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Makenita. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Makenita disclaims any intention or obligation to update or revise such information, except as required by applicable law.Source: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsfilecorp.com/company/11165/Makenita-Resources-Inc.">Makenita Resources Inc.</a>Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Makenita Resources More than Doubles Its Saskatchewan Iron-Magnetite Project to 51,304 Acres

Makenita Resources doubles its Saskatchewan iron-magnetite project to 51,304 acres, targeting iron, magnetite & natural hydrogen production

Others

New strategies are expected to provide leveraged bullish and bearish exposure to SpaceXNEW YORK, June 11, 2026 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced that it expects to launch two leveraged single-stock ETFs tied to SpaceX on Monday, June 15, following the company's highly anticipated public market debut.The new Cboe-listed funds are designed to provide traders with amplified exposure to daily moves in SpaceX stock, offering both bullish and bearish investors a targeted strategy to express their views on one of the world's most closely watched and highly anticipated public companies of all time.Expected Tradr launches:<ul><li>Tradr 2X Long SpaceX Daily ETF (Cboe: SPCM) – seeks 200% of the daily performance of SpaceX (Nasdaq: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.prnewswire.com/news-releases/tradr-etfs-set-for-liftoff-alongside-spacex-ipo-302797926.html#financial-modal">SPCX</a>)</li><li>Tradr 2X Short SpaceX Daily ETF (Cboe: SPCG) – seeks -200% of the daily performance of SpaceX (Nasdaq: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.prnewswire.com/news-releases/tradr-etfs-set-for-liftoff-alongside-spacex-ipo-302797926.html#financial-modal">SPCX</a>)</li></ul>From reusable rockets and satellite communications to AI and next-generation aerospace technologies, SpaceX has become one of the most influential innovation platforms in the world. With SPCM and SPCG, traders can access leveraged exposure to the stock from either direction as the market begins to establish its view on the newly public company.For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4708956-1&amp;h=3381676769&amp;u=http%3A%2F%2Fwww.tradretfs.com%2F&amp;a=www.tradretfs.com">www.tradretfs.com</a>.About Tradr ETFs&nbsp; <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4708956-1&amp;h=2069626480&amp;u=http%3A%2F%2Fwww.tradretfs.com%2F&amp;a=Tradr+ETFs">Tradr ETFs</a> are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.IMPORTANT RISK INFORMATIONTradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security.Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund's underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4708956-1&amp;h=3381676769&amp;u=http%3A%2F%2Fwww.tradretfs.com%2F&amp;a=www.tradretfs.com">www.tradretfs.com</a>. The Prospectus should be read carefully before investing.Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000958SOURCE Tradr ETFsNote: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Tradr ETFs Set for Liftoff Alongside SpaceX IPO

Tradr ETFs launches two leveraged SpaceX ETFs (SPCM, SPCG) offering 2x long and short daily exposure ahead of SPCX's June 15 debut

<div>Paris, France – June 11, 2026 – Pasqal, one of the global leaders in neutral-atom quantum computing, today announced the inauguration of Europe’s third Pasqal quantum computer hosted at CINECA, Italy’s largest public supercomputing operator and a member of the Italian Research Center on High Performance Computing (ICSC), Big Data, and Quantum Computing, in Bologna, Italy. The system was unveiled at the DAMA Technopole in Emilia-Romagna during a ribbon-cutting ceremony marking the launch of new high-performance computing (HPC) and quantum computing systems procured by the EuroHPC Joint Undertaking (JU) and co-financed together with the Italy’s Ministry of University and Research through ICSC, including the system delivered by Pasqal. This milestone marks a major step forward in the deployment of Europe’s hybrid HPC and quantum computing infrastructure.The system is Italy’s first neutral-atom quantum computer. Named SOL, it is a Pasqal Orion quantum processing unity (QPU) featuring 140 qubits. It has been engineered for tight integration with the Leonardo pre-exascale EuroHPC supercomputer — one of the world’s most powerful HPC platforms, ranked 10th on the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://top500.org/">Top500 list</a>— representing an important step forward in quantum accelerated high-performance computing.At CINECA, Pasqal deploys its HPC–quantum integration stack exposing the QPU as a native resource within the supercomputing environment, enabling hybrid workflows that combine quantum and classical computing resources through standard HPC scheduling and operational mechanisms. The deployment builds on the open-source Quantum Resource Management Interface (QRMI) and supports integration with leading hybrid quantum-classical software ecosystems including NVIDIA CUDA-Q and Qiskit, the open-source software stack for quantum computing and algorithm research developed by IBM.The inauguration builds on Pasqal’s growing footprint across Europe, following the successful deployment of quantum processors in France (CEA-TGCC) and Germany (FZJ-JSC) under the EuroHPC JU’s pilot project HPCQS. Together, these systems form the backbone for Europe’s federated hybrid HPC–quantum infrastructure, enabling researchers and enterprises to tackle complex problems in areas such as materials science, optimization, and machine learning.<blockquote>“The inauguration of this quantum computer marks a major milestone for CINECA and ICSC and for Italy’s role in Europe’s advanced computing ecosystem,” said Sara Marzella, Responsible for Quantum Computing at CINECA. “By integrating Pasqal’s neutral-atom technology with the Leonardo supercomputer, we are enabling a new class of hybrid applications that will empower researchers and industry leaders to address some of the most complex scientific and industrial challenges.”</blockquote><blockquote>“This inauguration is further proof of Pasqal’s ability to execute at scale and deliver quantum systems where they matter most,” said Wasiq Bokhari, CEO of Pasqal. “Across Europe and beyond, we are turning quantum computing from a research promise into deployed, operational infrastructure that addresses real-world scientific and industrial challenges.”</blockquote><blockquote>“Today’s inauguration shows how Europe continues to turn ambition into capability. With SOL, the new EuroHPC quantum computer and LISA, the AI-upgrade to the world-class Leonardo supercomputer, we are further strengthening our sovereign supercomputing ecosystem and giving European users new tools to innovate across AI, HPC and quantum technologies. This milestone expands opportunities for research, industry and the public sector, while reinforcing Europe’s technological leadership in strategic supercomputing domains.” said Anders Jensen, Executive Director, EuroHPC JU.</blockquote>The quantum computer was co-funded by the EuroHPC JU and the Italian Ministry of University and Research through the ICSC. It will be operated by CINECA and integrated into a hybrid architecture that allows users to seamlessly offload specialized workloads to the QPU, while relying on Leonardo for classical processing and large-scale data handling.The inauguration underscores Europe’s shift towards quantum industrialization at scale as envisioned in the 2025 European Quantum Strategy. It also highlights and reinforces Pasqal’s role as a leading provider in rolling out scalable, replicable, and energy-efficient neutral-atom quantum systems. SOL is Pasqal’s third EuroHPC-linked neutral-atom system in Europe after Jade and Ruby in Germany and France, which were also integrated to the European HPC-Quantum Computing hybrid infrastructure deployed under Euro-HPC JU’s leadership.</div><div><div>ContactsInvestors<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investor@pasql.cm">investors@pasqal.com</a>&nbsp;Media<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:pr@pasqal.com">pr@pasqal.com</a></div>About PasqalPasqal is a global leader in delivering practical quantum computing at scale utilizing neutral atom technology and dedicated software for industry, science, and governments. Since its founding in 2019, Pasqal has leveraged Nobel Prize winning research to build high-performance quantum systems and cloud-ready software designed to address complex challenges in optimization, simulation, and artificial intelligence.Headquartered in France, Pasqal employs over 275 people and serves over 25 clients and partners, including Aramco, CMA CGM, OVHcloud, Thales, IBM (Pasqal is part of the IBM Quantum Network), and Sumitomo. Backed by more than USD 300 million in total funding from leading international investors, Pasqal is pursuing a listing on Nasdaq in partnership with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ) and is accelerating the adoption of scalable, high-performance quantum computing worldwide.<div>Forward-Looking Statements&nbsp;Certain statements&nbsp;herein&nbsp;may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “might”, “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,”&nbsp;“could,”&nbsp;&nbsp;“plan,” “predict,” “project”,&nbsp;“forecast,” “believe,”&nbsp;&nbsp;“potential,” “seem,” “seek,”&nbsp;“target,” “possible,”&nbsp;“future,” “outlook” or similar terminology or expressions that predict or indicate future events or trends. These forward-looking statements include, but are not limited to, statements regarding future events and the proposed business combination between&nbsp;Bleichroeder Acquisition Corp. II (“Bleichroeder”)&nbsp;and Pasqal Holding SAS (“Pasqal”).&nbsp;These statements are based on current expectations and are not predictions of actual performance. They are provided for illustrative purposes only and must not be relied on as a guarantee, prediction or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and are beyond the control of&nbsp;Bleichroeder&nbsp;and Pasqal. These&nbsp;statements are subject to&nbsp;known and unknown&nbsp;risks,&nbsp;uncertainties&nbsp;and assumptions&nbsp;regarding&nbsp;Pasqal’s&nbsp;business and the business combination, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political, social&nbsp;and business conditions;&nbsp;uncertainty&nbsp;or changes with respect to laws and&nbsp;regulations;&nbsp;the inability of the parties to consummate the business combination&nbsp; failure to realize the anticipated benefits of the business combination; the risk that the business combination disrupts&nbsp;Pasqal’s&nbsp;current plans and operations;&nbsp;the risk from&nbsp;Pasqal pursuing an emerging technology,&nbsp;facing&nbsp;significant technical challenges and&nbsp;the potential that it may not&nbsp;achieve commercialization or&nbsp;market acceptance;&nbsp;Pasqal’s&nbsp;reliance on strategic partners and other&nbsp;third parties;&nbsp;Pasqal’s&nbsp;ability to maintain, protect and defend its intellectual property&nbsp;rights;&nbsp;and other risks that will be detailed from time to time in filings with the U.S. Securities and Exchange Commission (the “SEC”). The foregoing list of risk factors is not exhaustive. There may be&nbsp;additional&nbsp;risks that Pasqal and&nbsp;Bleichroeder&nbsp;presently do not&nbsp;know&nbsp;or&nbsp;currently believe are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide&nbsp;Pasqal’s&nbsp;and/or&nbsp;Bleichroeder’s&nbsp;expectations, plans&nbsp;and&nbsp;forecasts of future events and views as of the date of this communication. While Pasqal and/or&nbsp;Bleichroeder&nbsp;may&nbsp;elect&nbsp;to update these forward-looking statements in the future, Pasqal and&nbsp;Bleichroeder&nbsp;specifically&nbsp;disclaim&nbsp;any obligation to do so.&nbsp;Additional Information and Where to Find It&nbsp;&nbsp;The business combination will be&nbsp;submitted&nbsp;to shareholders of&nbsp;Bleichroeder&nbsp;for their consideration. In connection with the business combination,&nbsp;Bleichroeder, Bleichroeder Acquisition France Merger Sub 2 and Pasqal&nbsp;jointly filed a registration statement on Form F-4 (the “Registration Statement”) with the SEC on May 26, 2026, which included a proxy statement/prospectus and certain other related documents, which serves as both the proxy statement/prospectus&nbsp;to be distributed to Bleichroeder’s shareholders in connection with its solicitation for proxies for the vote by its shareholders in connection with the business combination and other matters described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities to be issued to&nbsp;Pasqal’s&nbsp;shareholders in connection with the completion of the business combination. This communication is not a substitute for the&nbsp;Registration Statement, the definitive proxy statement/prospectus&nbsp;or any other document that&nbsp;Bleichroeder&nbsp;will send to its shareholders in connection with the business combination.&nbsp;BEFORE MAKING ANY INVESTMENT OR VOTING DECISION,&nbsp;INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS&nbsp;AND, IN EACH CASE, ANY AMENDMENTS THERETO,&nbsp;FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY AS AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION, RELATED TRANSACTIONS&nbsp;AND THE PARTIES TO THE BUSINESS COMBINATION. Investors and security holders may obtain copies of these documents (as and when&nbsp;available) and other documents filed with the SEC free of charge at www.sec.gov.Participants in the Solicitation&nbsp; &nbsp;Bleichroeder, Pasqal&nbsp;and certain of their respective directors, executive officers, and other members of management, employees and consultants, under SEC rules, may be&nbsp;deemed&nbsp;participants in the solicitation of proxies from&nbsp;Bleichroeder’s&nbsp;shareholders with respect to the business combination. A list of the names of Bleichroeder’s directors and executive officers and a description of their interests in&nbsp;Bleichroeder&nbsp;and the business combination is contained in the sections entitled “Directors, Executive Officers and Corporate Governance,” “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters,” and “Certain Relationships and Related Transactions, and Director Independence” of the Annual Report filed by Bleichroeder with the SEC on March 16 2026 and the Current Report on Form 8-K filed with the SEC on May 1, 2026, each of which is available free of charge at the SEC’s website at www.sec.gov.&nbsp;Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from&nbsp;Bleichroeder’s&nbsp;shareholders with respect to the business combination, and their direct and indirect interests, is included in the Registration Statement and the proxy statement/prospectus.&nbsp; No Offer or Solicitation&nbsp;This communication is for informational purposes only and is not (i) an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law nor (ii) the solicitation of any vote in any jurisdiction pursuant to the business combination or otherwise.&nbsp;&nbsp;No offer of securities shall be made except&nbsp;by means of&nbsp;a prospectus meeting the requirements of Section 10 of the Securities Act&nbsp;of 1933, as amended, or exemptions therefrom. No securities commission or securities regulatory authority&nbsp;has in any way passed upon the merits of the business combination or the accuracy or adequacy of this communication.&nbsp;</div></div><div>About PasqalPasqal is a global leader in delivering practical quantum computing at scale utilizing neutral atom technology and dedicated software for industry, science, and governments. Since its founding in 2019, Pasqal has leveraged Nobel Prize winning research to build high-performance quantum systems and cloud-ready software designed to address complex challenges in optimization, simulation, and artificial intelligence.Headquartered in France, Pasqal employs over 275 people and serves over 25 clients and partners, including Aramco, CMA CGM, OVHcloud, Thales, IBM (Pasqal is part of the IBM Quantum Network), and Sumitomo. Backed by more than USD 300 million in total funding from leading international investors, Pasqal is pursuing a listing on Nasdaq in partnership with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ) and is accelerating the adoption of scalable, high-performance quantum computing worldwide.For more information, visit www.pasqal.com.</div><div>&nbsp;</div><div>Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.</div>

Pasqal Inaugurates Italy’s First Neutral-Atom Quantum Computer, Third Pasqal System in Europe

Pasqal launches SOL, Italy's first neutral-atom quantum computer at CINECA, integrating 140 qubits with the Leonardo supercomputer

Vancouver, British Columbia, (June 11, 2026) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces that it has signed an offer to acquire an established land surveying company with a regional footprint across Western Canada. The proposed acquisition builds on ZenaTech’s ongoing North American acquisition strategy and focuses on expanding its Drone as a Service presence in the Western Canadian geospatial sector, which includes critical industries such as infrastructure, utilities, forestry, mining, and agriculture. By combining established surveying and geomatics expertise with advanced drone operations and emerging Beyond Visual Line of Sight (BVLOS) capabilities, ZenaTech believes it can expand its service offerings, increase recurring revenue opportunities, and capitalize on growing demand for geospatial data and aerial intelligence solutions across the region.“Western Canada represents one of the most attractive North American growth markets for geospatial drone-based services supported by strong demand from construction, utilities, forestry, agriculture and public-sector clients,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The proposed Western Canadian land survey firm acquisition would provide an established regional footprint, a broad commercial and government client base and immediate opportunities to expand higher-margin drone services. Combined with Canada’s progressive BVLOS (Beyond Visual Line of Sight) regulatory framework, we believe this positions us to accelerate recurring revenue growth, expand service coverage, and capitalize on a rapidly growing commercial and government drone services market.”ZenaTech believes Western Canada is well positioned to become a leading market for commercial Drone-as-a-Service applications based on its vast geography, extensive infrastructure networks, and globally significant forestry and agricultural industries. This creates substantial opportunity for advanced drone operations capable of delivering speed, cost savings, improved safety, and actionable data analytics.&nbsp;According to <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.grandviewresearch.com/horizon/outlook/drone-market/canada">Grand View Horizon Research</a>, the Canadian drone market is estimated at approximately US$4.5 billion in 2025 and is projected to reach over US$11 billion by 2033, growing at a compound annual growth rate of over 11%. This growth plus the fact that Canada has established one of the most progressive regulatory frameworks for BVLOS drone operations in North America, potentially provides a clearer and faster pathway to advanced applications and deployment.&nbsp;ZenaTech’s Drone as a Service AI autonomy platform provides commercial and government clients with convenient subscription and usage-based drone services for a host of surveying, infrastructure inspection, maintenance, power washing, and precision agriculture services, without the capital costs or operational burdens of ownership. By&nbsp;acquiring&nbsp;established, profitable low-tech service companies ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits.&nbsp;The company is continuing to build its global network of locations as well as integrate its AI drones, data processing workflows, and new services.&nbsp;&nbsp;About ZenaTech <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.droneasaservice.com/?__hstc=67789070.934af5cce603ec4e4de12324e5f9c99d.1781012960112.1781012960112.1781185843705.2&amp;__hssc=67789070.3.1781185843705&amp;__hsfp=ab7e1ff3193b96716daa4ecf5387c6e5">Drone as a Service</a>&nbsp;(DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.&nbsp;About ZenaDrone <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/">ZenaDrone</a>, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/">ZenaDrone 1000</a> for ISR defense and specialized cargo, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/">IQ Nano</a> for indoor inventory management and security, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/zenadrone-iq-square/">IQ Square</a> for outdoor inspections and maintenance, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/iq-quad-drone/">IQ Quad</a> for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.&nbsp;Contacts for more information: Company, Investors, and Media:Linda Montgomery ZenaTech 312-241-1415 <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>Investors: Michael Mason CORE IR <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>&nbsp;Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. &nbsp;Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;&nbsp;ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square, IQ Quad, IQ Aqua, IQ Nano, ZenaDrone 2000, IQ Glider, and Interceptor P-1;&nbsp;ZenaTech’s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing;&nbsp;ZenaTech’s intention to grow the business and its operations and execution risk;&nbsp;expectations with respect to future operations and costs;&nbsp;the volatility of stock prices and market conditions in the industries in which ZenaTech operates;&nbsp;political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;&nbsp;regulatory risks;&nbsp;unfavorable publicity or consumer perception;&nbsp;difficulty in forecasting industry trends;&nbsp;the ability to hire key personnel;&nbsp;the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months;&nbsp;ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments;&nbsp;investment capital and market share; the ability to complete any contemplated acquisitions;&nbsp;changes in the target markets;&nbsp;market uncertainty;&nbsp;ability to access additional capital, including through the listing of its securities in various jurisdictions;&nbsp;management of growth (plans and timing for expansion);&nbsp;patent infringement;&nbsp;litigation;&nbsp;applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=MCJEA-jZovtm7y6ff50FGFHBj5GRIx2tUeuiQgna0unRNYqf61tDuQbFv1jMul2mqArzrhiCgrT7c0s2UFe4WA==">www.sec.gov</a>. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

ZenaTech Signs Offer to Acquire a Western Canadian Geospatial and Land Surveying Company to Accelerate Drone as a Service in Utilities, Forestry, Agriculture and Government Sectors

ZenaTech acquires a Western Canada land survey firm to expand its AI drone and Drone as a Service offerings in geospatial markets

Vancouver, British Columbia, (June 9, 2026) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces the company been added as a member of the broad-market Russell 3000® Index effective at market open on June 29, 2026, as part of the first 2026 Russell indexes reconstitution. The inclusion reflects ZenaTech’s continued growth and market capitalization and is expected to broaden the Company’s credibility and exposure to investors, including institutional investors, ETFs, and index funds that track Russell small-cap companies.“Being added to the Russell 3000® Index is a significant achievement for ZenaTech and a reflection of the momentum we have built across our business,” said Shaun Passley, Ph.D., ZenaTech CEO. “This milestone underscores our successful execution in expanding our AI drone and Drone as a Service platforms, while increasing shareholder value and market recognition. We expect Inclusion in one of the most widely followed U.S. equity indexes will increase our visibility among institutional investors and broaden awareness of our long-term growth story. We believe this recognition validates the strength of our strategy and positions us well as we continue to pursue opportunities in the rapidly growing markets for autonomous systems, defense technology, and artificial intelligence.”The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks ranking them by total market capitalization. ZenaTech has been added to the Russell 3000® Index while retaining membership in the Russell Microcap® Index. FTSE Russell determines membership for its Russell indexes primarily by objective, market capitalization, rankings and style attributes.Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell US indexes.<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.lseg.com/en/ftse-russell">FTSE Russell</a> is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. &nbsp;About ZenaTech <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.droneasaservice.com/?__hstc=67789070.934af5cce603ec4e4de12324e5f9c99d.1781012960112.1781012960112.1781012960112.1&amp;__hssc=67789070.2.1781012960112&amp;__hsfp=ab7e1ff3193b96716daa4ecf5387c6e5">Drone as a Service</a> (DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives. &nbsp;About ZenaDrone <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/">ZenaDrone</a>, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/"> ZenaDrone 1000</a> for ISR defense and specialized cargo, the<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/"> IQ Nano</a> for indoor inventory management and security, the<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/zenadrone-iq-square/"> IQ Square</a> for outdoor inspections and maintenance, the<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/iq-quad-drone/"> IQ Quad</a> for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.Contacts for more information: Company, Investors, and Media:Linda Montgomery ZenaTech 312-241-1415 <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>Investors: Michael Mason CORE IR <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements.&nbsp; Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano; ZenaTech’s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=MCJEA-jZovtm7y6ff50FGFHBj5GRIx2tUeuiQgna0unRNYqf61tDuQbFv1jMul2mqArzrhiCgrT7c0s2UFe4WA==">www.sec.gov</a>. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎&nbsp;Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

ZenaTech Added to Russell 3000® Index, Marking Major Milestone in Company's Growth and Market Recognition

 8:51 AM ZenaTech (ZENA) joins the Russell 3000® Index effective June 29, boosting institutional visibility for the AI drone and DaaS company.

Partnership Integrates Quantum X Labs' Patented Deep Transformer Decoder with Quantum Machines' OPX Control Platform.Tel Aviv, Israel, June 09, 2026 (GLOBE NEWSWIRE) -- Quantum X Labs Inc. (Nasdaq: QXL) (“Quantum X Labs” or the “Company”), an advanced quantum technologies company, and IQCC, a Quantum Machines company, today announced the signing of a strategic cooperation agreement, under which Quantum X Labs will evaluate its AI-based quantum error-correction technology on Quantum Machines' quantum control infrastructure. The primary objective is to run Quantum X Labs' proprietary AI-driven error correction algorithm in a fully integrated hardware-software environment.The collaboration will test Quantum X Labs' AI-based decoding technology using IQCC's quantum computing infrastructure, with the goal of exploring its applicability to future quantum error-correction workflows.IQCC will provide access to its quantum control and orchestration infrastructure, including the OPX1000 real-time quantum controller, used by leading quantum research institutions and commercial quantum-computing programs worldwide. IQCC’s systems are designed to support future low-latency feedback and quantum error-correction workflows.“This collaboration represents an important milestone in our roadmap toward validating our AI-based decoder on real quantum-hardware data,” said Prof. Nir Sharon, Chief Quantum Technology Scientist at Quantum X Labs. “By working with IQCC and Quantum Machines, we gain access to a highly respected quantum-computing environment that enables us to evaluate our technology under realistic operating conditions and accelerate its path toward practical deployment.”Dr. Nir Alfasi, GM of IQCC: “Quantum error correction is widely recognized as one of the key challenges on the path to large-scale quantum computing. By providing access to advanced quantum infrastructure, IQCC enables researchers and companies to explore new approaches under realistic conditions. We look forward to working with Quantum X Labs as they assess their AI-based decoder on real quantum hardware."Quantum X Labs Inc.Quantum X Labs Inc. and its subsidiaries are focused on quantum technology, digital advertising and computing and enterprise artificial intelligence (AI) solutions. Quantum X Labs Ltd. is focused on developing and promoting quantum algorithms for the transportation, drug discovery and security segments as well as developing quantum- based GPS replacement and quantum atom accuracy solutions. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software and offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.For more information about Quantum X Labs, visit <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=48LirYf-imLS6Q1q9BoSmJohn6yLDI4rhMRMRBO0TT8GSMg_ENPCmFYLwbktVo2GThY5ZIUmCUoH2BnaC1VTzeFGf1gvSs1ZFJBy9YS77Yc=">https://quantumxlabs.xyz/</a>About IQCCThe Israeli Quantum Computing Center is Quantum Machines’ research and development testbed that provides multi-vendor quantum hardware, access for academic and industrial users, and an environment for benchmarking, algorithm development, and hardware evaluation. The IQCC operates multiple quantum processors and advanced control systems, enabling researchers to explore different modalities of quantum computing within a unified infrastructure. The company focuses on facilitating collaboration, accelerating quantum technologies, and expanding hands-on access to cutting-edge quantum systemsAbout Quantum MachinesQuantum Machines (QM) is the leading global provider of hybrid quantum-classical control solutions. The company’s flagship Orchestration Platform harmonizes quantum and classical operations to eliminate friction and optimize performance across the entire stack. By providing a unified hardware and software infrastructure that supports any qubit modality, QM empowers researchers and builders to iterate at speed, resolve setbacks, and scale systems previously thought impossible. Learn more at:&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=48LirYf-imLS6Q1q9BoSmDOCywDN6RWcd7SnBPEU4s8SNj8_L7PpJ7aUrEKTPOnsEmDEfUhbbJZDZAJjUadPJUJkFVOnX7k65CANKdMlaeVXkvuMHB3NPglPXxIuDXVuWorCCVXcBmL2GY7tuVk8Yad5xzKzkC0MCs3oJiuL8VbYHqb07TouFFaKXSvkZ_A2FH7EB_giXSN0tphoP0nFgxQvxHTiH__KdWFP2gLOWA-WS9oQlrskP_RhW2oPMGnK_NchwJyn-xbjjtyM3lmwqkUd1CwPxOagqrhErykKLVsie1tISU65Rn4pQ7bYLPZlS5w6-lkTQ4Lt4seUw4oRSuKlpPs0ugcAJ2QHcYsyUjAevpWMkCFp7EtU4hGHT5lL-bKWDwksCGE4SEw8xYL1FS_MK9hEfzy_q9B2_5RXgLEmvu3ckotpZTCxHtbudxKa3yvCsYIG-NW5HJQwOi9nBvlcXSnSPZgDdStRHgi43Mkc9ss5CnseLp2JG1v9_6PkfuVYguENImPl7kURzydOrJiSC_xKr7HYw0WQ7pxmvaPgONE-Iuy8y_sVbhLfdIqErwmgVUgiZmx5gxZpg-6uaXunmol1crJTtfdJHauN7rhEM4MAo8gwlMTq4iSKwDDARKL1x1iRjW1zgn73P2ULBw==">https://www.quantum-machines.co/</a>Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Forward-looking statements contained in this press release include, but are not limited to, statements regarding Quantum X Labs’ and its subsidiaries’ strategic and business plans, technology, relationships, objectives and expectations for its business, growth, the impact of trends on and interest in its business, intellectual property, products and its future results, operations and financial performance and condition and may be identified by the use of words such as “may,” “seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,” “plan,” “project,” “continue,” “potential,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” or their negatives or variations, and similar terminology and words of similar import, generally involve future or forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s most recent Annual Report on 10-K and in subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. The Company is not responsible for the content of third-party websites.&nbsp;Investor Relations Contacts:Michal Efraty Investor Relations <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=LXRUbLLRLfQcAKhTI3MiK-Aqg9YXK3ISMxxnxWNepc50H0-somkyCdU27oTxEchQe1RVz_5B2o9Z5rKZPOse0z-NhwvbHXPU-Gv_qcKMwqI=">michal@efraty.com</a>&nbsp;Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

Quantum X Labs and IQCC, a Quantum Machines Company, Sign Strategic Collaboration Agreement to Evaluate AI-Based Quantum Error Correction on Quantum Infrastructure

Quantum X Labs and Quantum Machines' IQCC partner to test AI-based quantum error-correction tech on real quantum hardware infrastructure.

Vancouver, British Columbia, (June 3, 2026) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces its financial results for the three months ended March 31, 2026. Highlights included revenue of $8.4 million representing a 640% increase from the same period in 2025. All financial figures are reported in Canadian dollars. First Quarter 2026 and Recent Highlights<ul><li>Total revenue of $8.4 million for the first quarter of 2026, an increase of 640% over the prior-year comparable period revenue of $1.13 million, reflecting the cumulative contribution of the DaaS portfolio and acquisitions of land surveying and legacy service companies, integrating drones for data and speed benefits</li><li>DaaS segment revenue of $7.8 million or approximately 93% of total revenue reflecting the continued focus on building the company’s drone division, services and drone integration</li><li>Expanded DaaS footprint bringing current acquisition count to 23 land survey and legacy service company acquisitions, covering 10 US states, Canada, UK and most recently Australia. Combined with three corporate stores including Orlando, Dublin and Dubai bring the total to 26 DaaS global locations</li><li>The quarter brought new ZenaDrone commercial drone products to the IQ Series and marked the company’s entry into the Counter-UAS defense product area with two new interceptor drones in an integrated defense system</li><li>Enterprise SaaS Software segment revenue of $589,857, which now includes 12 brands with the most recent acquisition of Now Solutions</li><li>Company maintained approximately $15 million of cash and marketable securities at the quarter end, providing flexibility to fund continued organic growth, strategic acquisitions, and ongoing investment in the Company’s commercial and defense technology solutions</li></ul>“The first quarter of 2026 was another record-breaking quarter for ZenaTech as we executed on our strategy of acquiring legacy land survey companies and experienced licenced operators with longstanding customers and migrating them to Drone as a Service drone-based automation,” said Dr. Shaun Passley, ZenaTech Chairman, President and Chief Executive Officer. “Total revenue for the first quarter was $8.4 million, representing approximately 640% growth over the first quarter of 2025. Currently, with 26 DaaS locations now operating across ten US states, Canada, UK, Ireland, UAE and Australia, and the continued progression of our defense technology pipeline, we believe the fundamental trajectory of the business remains strong and will continue to grow as the demand for our integrated suite of cost-effective drone services and solutions accelerates in 2026.“We remain focused on disciplined capital allocation, operating leverage, and long-term value creation for our shareholders,” added Dr. Passley. “At the close of the quarter we have maintained $15 million of cash and marketable securities in addition to growth capital flexibility through recent funding initiatives. We believe that we are well positioned to continue executing on organic growth and strategic acquisitions across our DaaS and other business areas, advancing our product roadmap, and manufacturing capacity across our defense technology and commercial divisions.”First Quarter 2026 Operational Highlights&nbsp;<ul><li>Our DaaS portfolio expanded by one acquisition bringing the total to 21 acquisitions by the end of Q1, and we continue integrating of drones into land surveys, inspections and power washing. We continued the evaluation of additional acquisition targets to expand geographic coverage and add specialized service capabilities</li><li>We are expanding ZenaDrone AI drones into the Counter-UAS category with prototype commencement and a provisional patent filed for our integrated interceptor defense system during the quarter. This includes the ZD2000 Maritime Interceptor gas-powered drone, the Interceptor P-1 low cost and expendable one-way drone, and the IQ Glider marine-based launch and refueling station</li><li>Defense portfolio product development advancements included announcing the IQ Aqua underwater drone prototype for land mine detection, a Quantum navigation system for GPS-denied environments, and we submitted our application for the green/blue UAS pathway certification to enable qualification for U.S. defense agency procurement for the ZenaDrone 1000, our third drone in this pathway</li><li>Product development advancements for commercial markets including launching the IQ Quad which is purpose-build for land surveys, the development and testing of the IQ Square drone power washing platform, and we made progress testing our IQ Nano indoor drone with drone swarms of multiple drones to more efficiently conduct inventory counts&nbsp;</li><li>Continued buildout and recruiting of engineers for the Company’s Zena AI research and development center and AI hub in Baton Rouge, Louisiana, supporting advanced AI U.S. defense technology applications</li><li>Continued commissioning, production line set up, integration and supply chain planning work took place regarding Spider Vision Sensors, the Company’s Taiwan-based sensor and drone component manufacturing production facility&nbsp;</li><li>The DaaS business launched new land survey services designed specifically for the residential homebuilding developer market and for golf course operators that are building and revamping golf courses</li><li>The Company’s R&amp;D and quantum computer project work continued to enable the next generation solutions including using drone swarms and processing real-time AI data and analysis. During the quarter the team commenced research work to commence building a 5-qubit quantum computer expected to be used for the testing and development of AI drone solutions for applications such as wildfire management, traffic management and defense-based AI projects</li></ul>Financial Overview<ul><li>Total revenue for the first quarter of 2026 was $8.4 million, an increase of 640% compared to $1.13 million for the first quarter of 2025</li><li>The DaaS segment contributed $7.81 million for the first quarter of 2026, primarily from the approximately 20 land surveying companies acquired during 2025</li><li>The Enterprise SaaS Software segment contributed $589,857, a decrease of $143,031 over the prior year before reflecting the timing of software licensing renewal agreements</li><li>Total assets increased almost 10% from $100 million at December 31, 2025, to $109.5 million at March 31, 2026</li></ul>OutlookManagement believes ZenaTech is well positioned to continue growth throughout 2026.&nbsp; Key drivers include:<ul><li>The DaaS segment benefits from a full year of revenue from the 2025 acquisitions in 2026. The Company is pursuing additional targeted land survey, inspection and other legacy service company acquisitions in additional U.S. states and internationally</li><li>Product development investment in the ZenaDrone 1000 platform and IQ Drone Series is planned to yield additional revenue streams in defense, agriculture, logistics and warehousing, and inspection markets</li><li>The Enterprise SaaS segment will continue to be a very positive margin contributor and will benefit from increased marketing and lead generation efforts as well as through the addition of future well selected acquisitions</li><li>The Company will continue defense sector investments in the ZenaDrone 1000, IQ series drones, and Counter-UAS platforms, and will engage with program managers in various government defense agencies towards potential demos, pilots and contracts.&nbsp; ZenaDrone is pursuing opportunities from the U.S. Department of War including initiatives supported through the Office of Strategic Capital (OSC)</li><li>ZenaTech will continue expansion of its manufacturing capacity across its three facilities and continue to work towards establishing full operational status in the Arizona facility and Ukraine manufacturing sites</li><li>The Company will continue strategic and targeted accretive acquisitions, and in addition, will be broadening its acquisition strategy to include strategic acquisitions that can also benefit other business areas, including its defense business</li></ul>Additional information is available from ZenaTech’s 6-K filing on the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.sec.gov/edgar/browse/?CIK=1997403">SEC EDGAR website</a>.&nbsp;About ZenaTech <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.droneasaservice.com/?__hstc=67789070.8f62dd1a214c40d92bb3086a7f3015fc.1771008991807.1780409683627.1780489195766.35&amp;__hssc=67789070.3.1780489195766&amp;__hsfp=21d719f200681a649a4d5bdb9a8fbfca">Drone as a Service</a>&nbsp;(DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.About ZenaDrone <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/">ZenaDrone</a>, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/">ZenaDrone 1000</a> for ISR defense and specialized cargo, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenatech.com/drone-technology-solutions/">IQ Nano</a> for indoor inventory management and security, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/zenadrone-iq-square/">IQ Square</a> for outdoor inspections and maintenance, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.zenadrone.com/iq-quad-drone/">IQ Quad</a> for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.Contacts for more information: Company, Investors, and Media:Linda Montgomery ZenaTech 312-241-1415 <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>Investors: Michael Mason CORE IR <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="mailto:investors@zenatech.com">investors@zenatech.com</a>Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. &nbsp;Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;&nbsp;ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano;&nbsp;ZenaTech’s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing;&nbsp;ZenaTech’s intention to grow the business and its operations and execution risk;&nbsp;expectations with respect to future operations and costs;&nbsp;the volatility of stock prices and market conditions in the industries in which ZenaTech operates;&nbsp;political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;&nbsp;regulatory risks;&nbsp;unfavorable publicity or consumer perception;&nbsp;difficulty in forecasting industry trends;&nbsp;the ability to hire key personnel;&nbsp;the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months;&nbsp;ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments;&nbsp;investment capital and market share; the ability to complete any contemplated acquisitions;&nbsp;changes in the target markets;&nbsp;market uncertainty;&nbsp;ability to access additional capital, including through the listing of its securities in various jurisdictions;&nbsp;management of growth (plans and timing for expansion);&nbsp;patent infringement;&nbsp;litigation;&nbsp;applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=MCJEA-jZovtm7y6ff50FGFHBj5GRIx2tUeuiQgna0unRNYqf61tDuQbFv1jMul2mqArzrhiCgrT7c0s2UFe4WA==">www.sec.gov</a>. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

ZenaTech Reports 640% Increase in First Quarter 2026 Revenue Year-over-Year Growth Powered by its Drone Division

Funding and cash position supports continued execution on AI drones and defense technology including Counter-UAS roadmaps, laying a foundation for continued growth

Dubai and New York, June 2, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), today announces the successful closing of a USD 1.4 billion dual-tranche senior unsecured notes offering (the “Offering”) by its subsidiary VEON Midco B.V. (the “Issuer”). The Offering refinances substantially all of VEON’s debt maturing in 2027 ahead of schedule and reflects sustained confidence in VEON’s digital operator transformation and AI1440 strategy.The Offering, which priced on May 19, 2026, attracted strong interest from a diverse global investor base, including significant participation from leading US institutional fixed-income investors, alongside major asset managers and investment funds across Europe, the Middle East and Asia.“This transaction is VEON’s largest bond offering in over a decade and is a clear endorsement of our strategy and execution. The depth and quality of the order book underscores continued access to international capital markets and confidence in VEON's financial profile, balance sheet discipline and long-term credit story,” said VEON Group Chief Executive Officer Kaan Terzioglu. “We have positioned VEON to execute on our next phase of growth by addressing our 2027 maturities and nearly doubling the average maturity of our debt excluding leases to over four years on a pro forma basis, based on reported Group debt as of 1Q 2026.”Transaction Summary The Notes were issued by VEON Midco B.V. and are guaranteed by VEON Amsterdam B.V. (the “Guarantor”). The Offering comprises USD 700 million 6.95% Senior Notes due June 1, 2031, non-callable for two years, and USD 700 million 7.45% Senior Notes due June 1, 2033, non-callable for three years. Both tranches priced at par and have been assigned a credit rating of BB- by Fitch and S&amp;P. The Notes rank pari passu with the Issuer's outstanding debt. The Notes were admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange on June 1, 2026. The Notes were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.Early Tender Offer Results Support Refinancing Objective&nbsp; Noteholders tendered over USD 936 million in principal amount of VEON’s outstanding USD 1,013,973,000 3.375% Senior Notes due 2027 (the “2027 Notes”), exceeding the maximum participation amount and enabling VEON to accept and retire approximately USD 886 million of the outstanding 2027 Notes.In parallel with the Offering, on May 18, 2026 the Issuer launched a cash tender offer (the “Tender Offer”) inviting holders of the 2027 Notes to tender their 2027 Notes for cash, subject to the satisfaction of the New Financing Condition and the other conditions set out in the tender offer memorandum dated May 18, 2026 (the “Tender Offer Memorandum”). On May 20, 2026, the Issuer announced an upsizing of the Maximum Aggregate Purchase Price to USD 875 million from USD 750 million, reflecting strong investor engagement with the transaction.As of the Early Tender Deadline, holders had validly tendered (and not withdrawn) USD 936,022,000 in aggregate principal amount of the 2027 Notes. The Issuer has accepted USD 886,075,000 in aggregate principal amount of such validly tendered Notes, subject to scaling at a Proration Factor of 0.922911. Holders whose 2027 Notes were validly tendered prior to the Early Tender Deadline and accepted for purchase will receive the Early Tender Offer Purchase Price of USD 987.50 per USD 1,000 in principal amount, together with the Accrued Interest Amount, on the Early Settlement Date of June 4, 2026.Since the aggregate Early Tender Offer Purchase Price of the Notes validly tendered prior to the Early Tender Deadline exceeds the Maximum Aggregate Purchase Price, the Issuer does not expect to accept any further tenders of Notes following the Early Tender Deadline.Capitalized terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum. The Notes were offered pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.About VEON VEON is a digital operator that provides connectivity and digital services to over 150 million connectivity customers and more than 228 million digital users. Operating across five countries that are home to more than 6% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth.AI1440 is VEON's group-wide strategy to embed artificial intelligence across its operations and consumer and enterprise offerings, augmenting human capabilities and creating economic value throughout its markets. The name reflects VEON's ambition to apply AI throughout all 1,440 minutes of the day.VEON is listed on NASDAQ under the ticker VEON. For more information, visit: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.veon.com/">https://www.veon.com</a>.Contact Information&nbsp;<div><div><div>VEON media contact <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.veon.com/newsroom/press-releases/veon-closes-usd-14-billion-bond-offering-refinancing-2027-notes-ahead-of-schedule#">pr@veon.com</a></div></div></div>Cautionary Statement Promotion of the notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the “FSMA”), and accordingly, the notes are not being promoted to the general public in the United Kingdom. This announcement is only addressed to and directed at persons who (i) are investment professionals, as such term is defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations, etc.”) of the Financial Promotion Order, (iii) are outside the United Kingdom or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”).The notes will only be available to relevant persons and this announcement must not be acted on or relied on by anyone who is not a relevant person.Manufacturer target market (MIFID II/UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs key information document (KID) and no disclosure document required by the FCA Product Disclosure Sourcebook (DISC) has been prepared as not available to retail investors in EEA or the United Kingdom.Disclaimer This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, including in relation to the closing of the Offering, the Tender Offer and VEON's intended use of proceeds. These forward-looking statements generally are identified by the words “expect,” “will,” “will be,” and similar expressions (including the negative versions of such words or expressions).By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and are based on numerous assumptions and that the Group's or any of its affiliates' actual results of operations may differ materially.&nbsp;<div><div><div><div><div><div><div><div><div><div><div><div>Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.</div></div></div></div></div></div></div></div></div></div></div></div>

VEON Closes USD 1.4 Billion Bond Offering, Refinancing 2027 Notes Ahead of Schedule

VEON closes a $1.4B notes offering to refinance its 2027 debt ahead of schedule.

VANCOUVER, British Columbia, June 02, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announces it has closed its 23rd acquisition and second land survey engineering firm in Colorado with the acquisition of High Prairie Survey Company. The acquired company has a longstanding track record serving real estate clients, residential developers, construction companies, and infrastructure clients across the southeastern Denver metropolitan area and growth corridor. As ZenaTech’s 23rd acquisition, this transaction further expands the Company’s DaaS and AI-autonomy platform across the U.S. and globally, while closing in on its stated goal of acquiring 25 companies by mid-2026.“This acquisition strengthens our presence in Colorado and expands our access to a growing base of recurring land surveying and development-related customers,” said Shaun Passley, Ph.D., ZenaTech CEO. “High Prairie brings decades of trusted client relationships, a strong regional reputation, and deep expertise in surveying services. By integrating these operations into our Drone as a Service, or DaaS, platform, we can enhance operational efficiency, accelerate project timelines, and deliver greater value to developers, builders, and infrastructure customers. This acquisition, also our second in Colorado, supports our strategy of transforming traditional surveying through drone-powered data collection, aerial intelligence, and AI-driven analytics while expanding our recurring revenue opportunities.”High Prairie Survey Company, based in Kiowa, Colorado, approximately 40 miles southeast of Denver, is a 40-year-established land surveying firm serving the rapidly growing communities of Castle Rock, Parker, Elizabeth, and surrounding areas across Douglas and Elbert counties. The company provides a broad range of surveying and land development services, including boundary and ALTA/NSPS land title surveys, construction staking, subdivision mapping, engineering support, and infrastructure-related surveying.The acquisition strengthens ZenaTech’s presence in one of Colorado’s fastest-growing development corridors and expands the reach of its Drone as a Service (DaaS) platform as the second location in Colorado along with Rampart Surveys of Woodland Park. By integrating drone-powered surveying, aerial intelligence, and data analytics into High Prairie’s established operations, ZenaTech expects to enhance service capabilities for developers, builders, utility operator inspections, and agricultural and ranching customers while increasing operational scale and recurring revenue opportunities across the region.ZenaTech’s Drone as a Service platform provides business and government clients with subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By&nbsp;acquiring&nbsp;established, profitable service companies currently using low-tech and under digitized processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-generation drone integration designed for speed, precision and safety benefits.About ZenaTech<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=i4IQe5ty7Ie8NLvdJ5yHtOQctLMcxhUlCDo-7zCtr-RIGpCuN8wLbypo7BwhUX1-2NVMzggz3b3iY0bt7qgeWw==">ZenaTech</a>, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=gNz6yVBn03UwDJiF-YCEBZULgzXXvjccbNE1EihmSfp7YOxVcgj6AwP1XOr-Tq1TPugzOxZXA5u_HpxRPVujI9SSnsFcW9WQ2WsDNI8eYtg=">Drone as a Service</a> (DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&amp;D initiatives.About ZenaDroneZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=ijpvzPERju0CKCc9hmJ-YfdoAkyboqGT1h_SgW8UbiJMbr5lUFBl1hDb9-fqxkynLyxtPfpjFR6cCARQaGKG3oJhFvFqNislfNlbok7r4R60IkoA4mKduzzZx_b8005X">ZenaDrone 1000</a> for ISR defense and specialized cargo, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=xcp6_KSUfaj5A6cKsRV95ma6uXQtcegS4GMmXdV59Nj6NRY3iPS9RR0z5sHZx93o9MeYMpCSGgBxpjMqGJ-y7xqMfDOeCC-I6qNYnUHlfZmsj-4zwJ9a2Ux9xpVgiuov">IQ Nano</a> for indoor inventory management and security, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=NBcaNS7c0XiUtQADGGxjTxShQu8PDRfaQHVnxbBy-vZarnOYpySy7vXutqCMpwYQRUYiq-ogdrUcxSs2F_ELlpAGWSJUWOjLKpPp6zT1XdImlpbh_Ae8vpMw30_oa4Vy">IQ Square</a> for outdoor inspections and maintenance, the <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=qdO_vN4r3RQP1npmQkNLDO32yn-fIPI_yNhDsNDwAdxAvxAH3ZfeWQy5iduCCIV1Oam32sPabnpf8y2ewJhW-knzlnhfUcBkCAWKnZCj-oI=">IQ Quad</a> for land surveying, and the IQ Aqua, for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.Contacts for more information:Company, Investors, and Media:&nbsp; Linda Montgomery ZenaTech 312-241-1415 <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=qlEldj9mKiIxyUxz59khITRmloJK3jQn1fbC7WakzDHn7g-vhFVWFW3KzP1jiBeFfug3W5EFMclTfNGtYKu67uNMFMEGzG1xdTR0uepS4oA=">investors@zenatech.com</a>Investors: Michael Mason CORE IR <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=qlEldj9mKiIxyUxz59khITRmloJK3jQn1fbC7WakzDEZPJgb6qjYg4mZWhOZJlIk_haZOXOO2bq954NBDQG90bJxGs9MKR6f1vgo7Gm4aDk=">investors@zenatech.com</a>Safe HarborThis press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. &nbsp;Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;&nbsp;ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano;&nbsp;ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing;&nbsp;ZenaTech’s intention to grow the business and its operations and execution risk;&nbsp;expectations with respect to future operations and costs;&nbsp;the volatility of stock prices and market conditions in the industries in which ZenaTech operates;&nbsp;political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;&nbsp;regulatory risks;&nbsp;unfavorable publicity or consumer perception;&nbsp;difficulty in forecasting industry trends;&nbsp;the ability to hire key personnel;&nbsp;the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months;&nbsp;ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments;&nbsp;investment capital and market share; the ability to complete any contemplated acquisitions;&nbsp;changes in the target markets;&nbsp;market uncertainty;&nbsp;ability to access additional capital, including through the listing of its securities in various jurisdictions;&nbsp;management of growth (plans and timing for expansion);&nbsp;patent infringement;&nbsp;litigation;&nbsp;applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/Tracker?data=PT9RSWSTbzSHlLBEAGlbQmYmaz2B2Vgh5M2fPhtK_fGAZWI3-4q8j9rWgt1A4arg2ElO0seWgm_d8yugeizbku7bQzWhW9a5alpCV25MCg4nTyXZN3sta2k2K9SjpGaa4qy2btmrH0hxUnv7p1LkwCJL1GvtfPP2RC_ALJge-tq1ilpaECpFMS5VMlKIgfmkdpX3I0U1mmEGHZpv7KoxnjfKtQbFaOSEf6pr3JI1_dE=">www.sec.gov</a>. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article.

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