ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer
ZenaTech (NASDAQ: ZENA) has made an offer to acquire a Florida-based land survey engineering firm, marking its fourth acquisition in the Southeast region and fifth nationally. This strategic move aims to enhance the company's Drone as a Service (DaaS) presence in Florida's high-growth market. The acquisition would complement ZenaTech's recent land survey company purchase, enabling faster and more precise drone-powered surveys for construction, real estate, and government customers.
The company is capitalizing on the global drone survey market's 19% annual growth by offering subscription-based drone services. ZenaTech's DaaS model eliminates the need for customers to purchase and maintain expensive drone hardware, providing cost-effective solutions for tasks like surveying, inspections, security, and precision agriculture.
ZenaTech (NASDAQ: ZENA) ha presentato un'offerta per acquisire una società di ingegneria per rilievi territoriali con sede in Florida, segnando la sua quarta acquisizione nella regione del Sud-Est e la quinta a livello nazionale. Questa mossa strategica punta a rafforzare la presenza dell'azienda nel mercato in forte crescita della Florida nel settore Drone as a Service (DaaS). L'acquisizione integrerebbe l'acquisto recente di un'altra società di rilievi, permettendo di realizzare rilievi con droni più rapidi e precisi per clienti nei settori dell'edilizia, immobiliare e pubblico.
L'azienda sfrutta la crescita annua del 19% del mercato globale dei rilievi con droni offrendo servizi in abbonamento basati sui droni. Il modello DaaS di ZenaTech elimina la necessità per i clienti di acquistare e mantenere costose attrezzature, fornendo soluzioni economiche per rilievi, ispezioni, sicurezza e agricoltura di precisione.
ZenaTech (NASDAQ: ZENA) ha realizado una oferta para adquirir una empresa de ingeniería topográfica con sede en Florida, marcando su cuarta adquisición en la región sureste y la quinta a nivel nacional. Este movimiento estratégico busca fortalecer la presencia de la compañía en el mercado de rápido crecimiento de Florida en su servicio de Drone as a Service (DaaS). La adquisición complementaría la compra reciente de otra empresa de topografía, permitiendo realizar estudios con drones más rápidos y precisos para clientes de construcción, bienes raíces y gobierno.
La empresa está aprovechando el crecimiento anual del 19% del mercado global de estudios con drones ofreciendo servicios de drones por suscripción. El modelo DaaS de ZenaTech elimina la necesidad de que los clientes compren y mantengan costosos equipos, proporcionando soluciones rentables para tareas como estudios, inspecciones, seguridad y agricultura de precisión.
ZenaTech (NASDAQ: ZENA)는 플로리다에 기반을 둔 토지 측량 엔지니어링 회사를 인수하기 위한 제안을 했으며, 이는 남동부 지역에서 네 번째, 전국적으로 다섯 번째 인수입니다. 이 전략적 조치는 플로리다의 고성장 시장에서 회사의 Drone as a Service (DaaS) 입지를 강화하는 것을 목표로 합니다. 이번 인수는 최근 토지 측량 회사 인수를 보완하여 건설, 부동산, 정부 고객을 위한 드론 기반의 빠르고 정밀한 측량을 가능하게 할 것입니다.
회사는 전 세계 드론 측량 시장의 연 19% 성장을 활용하여 구독 기반 드론 서비스를 제공하고 있습니다. ZenaTech의 DaaS 모델은 고객이 고가의 드론 장비를 구매하고 유지할 필요를 없애주어, 측량, 검사, 보안, 정밀 농업과 같은 작업에 비용 효율적인 솔루션을 제공합니다.
ZenaTech (NASDAQ : ZENA) a fait une offre pour acquérir une entreprise d'ingénierie topographique basée en Floride, marquant sa quatrième acquisition dans la région du Sud-Est et la cinquième au niveau national. Cette démarche stratégique vise à renforcer la présence de la société dans le marché à forte croissance de la Floride dans le domaine du Drone as a Service (DaaS). L'acquisition viendrait compléter l'achat récent d'une société de topographie, permettant des relevés par drone plus rapides et précis pour les clients dans la construction, l'immobilier et le secteur public.
L'entreprise profite de la croissance annuelle de 19 % du marché mondial des relevés par drone en proposant des services de drones par abonnement. Le modèle DaaS de ZenaTech supprime le besoin pour les clients d'acheter et d'entretenir du matériel coûteux, offrant des solutions économiques pour les relevés, inspections, la sécurité et l'agriculture de précision.
ZenaTech (NASDAQ: ZENA) hat ein Angebot zur Übernahme eines in Florida ansässigen Vermessungsingenieurunternehmens gemacht, was die vierte Übernahme in der Südostregion und die fünfte landesweit darstellt. Dieser strategische Schritt zielt darauf ab, die Präsenz des Unternehmens im schnell wachsenden Markt Floridas im Bereich Drone as a Service (DaaS) zu stärken. Die Übernahme würde ZenaTechs kürzlichen Erwerb eines Vermessungsunternehmens ergänzen und schnellere sowie präzisere drohnengestützte Vermessungen für Kunden aus Bauwesen, Immobilien und Behörden ermöglichen.
Das Unternehmen nutzt das jährliche Wachstum von 19 % im globalen Drohnenvermessungsmarkt, indem es abonnementbasierte Drohnendienste anbietet. Das DaaS-Modell von ZenaTech erspart den Kunden den Kauf und die Wartung teurer Drohnenhardware und bietet kostengünstige Lösungen für Vermessungen, Inspektionen, Sicherheit und Präzisionslandwirtschaft.
- Fourth regional acquisition strengthens ZenaTech's presence in the high-growth Florida market
- Operating in drone survey market with 19% annual growth rate
- DaaS model provides recurring revenue stream
- Acquisition expands service offering to construction, real estate and government customers
- Technology reduces survey time from weeks/months to hours
- Additional capital required for acquisition
- Integration risks with multiple acquisitions in short time
- Potential operational challenges in managing expanded geographic presence
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’s 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.
“This 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,“ said Shaun Passley, Ph.D., CEO of ZenaTech. “With the global drone survey market growing at over
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.
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.
ZenaTech’s 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.
About ZenaTech
ZenaTech (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’s 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.
About ZenaDrone
ZenaDrone, 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 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors.
Contacts for more information:
Company, Investors and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
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. 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 and IQ Nano; 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.
FAQ
What is the significance of ZENA's latest acquisition offer in Florida?
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