{"id":852683,"date":"2025-05-20T07:48:02","date_gmt":"2025-05-20T11:48:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/"},"modified":"2025-05-20T07:48:02","modified_gmt":"2025-05-20T11:48:02","slug":"zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/","title":{"rendered":"ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer"},"content":{"rendered":"
\n

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announced it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company. The acquisition would strengthen ZenaTech\u2019s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally.<\/p>\n

\u201cThis target acquisition will strengthen our regional Florida coverage by delivering faster and more precise drone-powered surveys to construction, real estate and government customers, while accelerating our broader US DaaS rollout,\u201c said Shaun Passley, Ph.D., CEO of ZenaTech. \u201cWith the global drone survey market growing at over 19% a year<\/a>, we plan to leverage this growth by building a scalable, recurring revenue business that captures long-term value across land surveys and other legacy industries ripe for drone innovation.\u201d<\/p>\n

Accurate land surveys are essential for the planning, design, and execution of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry, gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.<\/p>\n

The Drone as a Service or DaaS business model works similarly to Software as a Service (SaaS), but instead of providing software over the internet, this model offers drone technology solutions and services on a subscription or pay-per-use basis. Both business and government customers can conveniently access drones for tasks such as surveying, inspections, security, law enforcement, power washing or precision agriculture solutions without having to buy, operate, or maintain the drones themselves.<\/p>\n

ZenaTech\u2019s DaaS model offers customers, including government agencies, builders and developers, construction firms, and farmers, reduced upfront costs as there is no need to purchase expensive drone hardware and software, and convenience as the company manages drone pilots, regulatory certifications, maintenance, and operations. DaaS also offers scalability to companies to use more often or less often based on their needs and enables access to advanced drone technology and applications.<\/p>\n

\n About ZenaTech <\/strong>\n <\/p>\n

\n ZenaTech<\/a> (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech\u2019s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network.<\/p>\n

\n About ZenaDrone<\/strong>\n <\/p>\n

\n ZenaDrone<\/a>, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000<\/a> drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano<\/a> indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square<\/a> is an indoor\/outdoor drone designed for land survey and inspections use in commercial and defense sectors.<\/p>\n

\n Contacts for more information:<\/strong>\n <\/p>\n

\n Company, Investors and Media:<\/strong>\n <\/p>\n

Linda Montgomery<\/p>\n

ZenaTech<\/p>\n

312-241-1415<\/p>\n

\n investors@zenatech.com<\/a>\n <\/p>\n

\n Investors:<\/strong>\n <\/p>\n

Michael Mason<\/p>\n

CORE IR<\/p>\n

\n investors@zenatech.com<\/a>\n <\/p>\n

\n Safe Harbor<\/strong>\n <\/p>\n

This press release and related comments by management of ZenaTech, Inc. include \u201cforward-looking statements\u201d 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\u2019s expectations and projections regarding ZenaTech\u2019s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management\u2019s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cplan\u201d, \u201canticipate\u201d, \u201caim\u201d, \u201cseek\u201d, \u201cis\/are likely to\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201ccontinue\u201d or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech\u2019s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;\u00a0ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano;\u00a0ZenaTech\u2019s anticipated cash needs and it\u2019s needs for additional financing;\u00a0ZenaTech\u2019s intention to grow the business and its operations and execution risk;\u00a0expectations with respect to future operations and costs;\u00a0the volatility of stock prices and market conditions in the industries in which ZenaTech operates;\u00a0political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;\u00a0regulatory risks;\u00a0unfavorable publicity or consumer perception;\u00a0difficulty in forecasting industry trends;\u00a0the ability to hire key personnel;\u00a0the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech\u2019s expected business objectives for the next twelve months;\u00a0ZenaTech\u2019s ability to obtain additional funds through the sale of equity or debt commitments;\u00a0investment capital and market share; the ability to complete any contemplated acquisitions;\u00a0changes in the target markets;\u00a0market uncertainty;\u00a0ability to access additional capital, including through the listing of its securities in various jurisdictions;\u00a0management of growth (plans and timing for expansion);\u00a0patent infringement;\u00a0litigation;\u00a0applicable laws, regulations, and any amendments affecting the business of ZenaTech.\u00a0<\/p>\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announced it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company. The acquisition would strengthen ZenaTech\u2019s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally. \u201cThis target acquisition will strengthen our regional Florida coverage by delivering faster and more precise drone-powered surveys to construction, real estate and government … <\/p>\n

Continue reading “ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-852683","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. 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(Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today announced it has extended an offer to acquire a well-established Florida land survey engineering firm that could serve as a bolt-on to another recently acquired land survey company. The acquisition would strengthen ZenaTech\u2019s Drone as a Service presence in the high-growth Florida market and would be the fourth acquisition in the Southeast region and the fifth acquisition nationally. \u201cThis target acquisition will strengthen our regional Florida coverage by delivering faster and more precise drone-powered surveys to construction, real estate and government … Continue reading \"ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-20T11:48:02+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1NDYyNyM2OTUwNjUzIzIyODYwNDc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer","datePublished":"2025-05-20T11:48:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/"},"wordCount":1056,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ1NDYyNyM2OTUwNjUzIzIyODYwNDc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenatech-advances-its-us-southeast-daas-business-with-a-bolt-on-land-survey-company-acquisition-offer\/","name":"ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer - 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