ZenaTech Expands Drone as a Service (DaaS) for Government and Defense, Signing an Offer to Acquire a Virginia-Headquartered Tri-State Land Survey and Engineering Firm Serving Major US Federal Clients
ZenaTech (NASDAQ: ZENA) has signed an offer to acquire a Virginia-based land survey and civil engineering firm operating across three states. The target company, founded in 2010, specializes in serving major US federal government agencies and regional infrastructure programs.
The acquisition would mark ZenaTech's first entry into Virginia, North Carolina, and South Carolina, expanding their Drone as a Service (DaaS) presence in the Southeast US. The target company provides land surveying, civil engineering, land planning, and 3D imaging services, holding active contracts with federal and state agencies for infrastructure projects including highways and bridges.
This strategic move aligns with ZenaTech's expansion of their DaaS business model, which offers cost-effective drone solutions for inspections, surveying, maintenance, and inventory management without requiring customers to purchase hardware or manage operations.
ZenaTech (NASDAQ: ZENA) ha firmato un accordo per acquisire un'azienda di rilievi territoriali e ingegneria civile con sede in Virginia, operante in tre stati. La società target, fondata nel 2010, è specializzata nel servizio a importanti agenzie federali statunitensi e a programmi infrastrutturali regionali.
L'acquisizione rappresenterebbe il primo ingresso di ZenaTech in Virginia, Carolina del Nord e Carolina del Sud, ampliando la loro presenza nel settore Drone as a Service (DaaS) nel Sud-Est degli Stati Uniti. La società target offre servizi di rilievo territoriale, ingegneria civile, pianificazione territoriale e imaging 3D, vantando contratti attivi con agenzie federali e statali per progetti infrastrutturali come autostrade e ponti.
Questa mossa strategica è in linea con l'espansione del modello di business DaaS di ZenaTech, che offre soluzioni drone economiche per ispezioni, rilievi, manutenzione e gestione inventariale, senza che i clienti debbano acquistare hardware o gestire le operazioni.
ZenaTech (NASDAQ: ZENA) ha firmado una oferta para adquirir una empresa de topografía y ingeniería civil con sede en Virginia que opera en tres estados. La compañía objetivo, fundada en 2010, se especializa en atender a importantes agencias federales de EE. UU. y programas regionales de infraestructura.
La adquisición marcaría la primera entrada de ZenaTech en Virginia, Carolina del Norte y Carolina del Sur, ampliando su presencia de Drone as a Service (DaaS) en el sureste de EE. UU. La empresa objetivo ofrece servicios de topografía, ingeniería civil, planificación territorial e imagen 3D, con contratos activos con agencias federales y estatales para proyectos de infraestructura como carreteras y puentes.
Este movimiento estratégico se alinea con la expansión del modelo de negocio DaaS de ZenaTech, que ofrece soluciones de drones rentables para inspecciones, topografía, mantenimiento y gestión de inventarios sin que los clientes necesiten comprar hardware o gestionar operaciones.
ZenaTech (NASDAQ: ZENA)가 버지니아에 본사를 둔 토지 측량 및 토목 공학 회사를 인수하기 위한 제안을 체결했습니다. 이 회사는 3개 주에서 운영되며, 2010년에 설립되어 미국 주요 연방 정부 기관과 지역 인프라 프로그램에 특화되어 있습니다.
이번 인수는 ZenaTech가 버지니아, 노스캐롤라이나, 사우스캐롤라이나에 처음 진출하는 것으로, 미국 남동부 지역에서 드론 서비스(DaaS) 사업을 확장하는 계기가 될 것입니다. 대상 회사는 토지 측량, 토목 공학, 토지 계획 및 3D 이미지 서비스를 제공하며, 고속도로와 교량 등 인프라 프로젝트를 위한 연방 및 주 정부 기관과의 계약을 보유하고 있습니다.
이 전략적 움직임은 고객이 하드웨어를 구매하거나 운영을 관리하지 않아도 되는 비용 효율적인 드론 솔루션을 제공하는 ZenaTech의 DaaS 비즈니스 모델 확장과 일치합니다. 이 모델은 검사, 측량, 유지보수 및 재고 관리를 지원합니다.
ZenaTech (NASDAQ : ZENA) a signé une offre pour acquérir une entreprise de topographie et d'ingénierie civile basée en Virginie, opérant dans trois États. L'entreprise cible, fondée en 2010, se spécialise dans le service aux principales agences fédérales américaines et aux programmes d'infrastructure régionaux.
Cette acquisition marquerait la première entrée de ZenaTech en Virginie, Caroline du Nord et Caroline du Sud, élargissant ainsi leur présence dans le secteur du Drone as a Service (DaaS) dans le sud-est des États-Unis. L'entreprise cible fournit des services de topographie, d'ingénierie civile, d'aménagement du territoire et d'imagerie 3D, avec des contrats actifs auprès d'agences fédérales et étatiques pour des projets d'infrastructure tels que les autoroutes et les ponts.
Cette démarche stratégique s'inscrit dans l'expansion du modèle commercial DaaS de ZenaTech, qui propose des solutions de drones économiques pour les inspections, les relevés, la maintenance et la gestion des inventaires, sans que les clients aient à acheter du matériel ou à gérer les opérations.
ZenaTech (NASDAQ: ZENA) hat ein Angebot zur Übernahme eines in Virginia ansässigen Vermessungs- und Bauingenieurbüros unterzeichnet, das in drei Bundesstaaten tätig ist. Das Zielunternehmen, gegründet im Jahr 2010, spezialisiert sich auf die Betreuung wichtiger US-Bundesbehörden und regionaler Infrastrukturprogramme.
Die Übernahme würde ZenaTechs ersten Einstieg in Virginia, North Carolina und South Carolina markieren und ihre Präsenz im Bereich Drone as a Service (DaaS) im Südosten der USA erweitern. Das Zielunternehmen bietet Vermessungsdienstleistungen, Bauingenieurwesen, Flächenplanung und 3D-Bildgebung an und verfügt über aktive Verträge mit Bundes- und Landesbehörden für Infrastrukturprojekte wie Autobahnen und Brücken.
Dieser strategische Schritt entspricht der Erweiterung von ZenaTechs DaaS-Geschäftsmodell, das kosteneffiziente Drohnenlösungen für Inspektionen, Vermessungen, Wartung und Bestandsverwaltung bietet, ohne dass Kunden Hardware kaufen oder den Betrieb verwalten müssen.
- Strategic expansion into three new states (Virginia, North Carolina, South Carolina)
- Access to established federal government and defense contracts
- Acquisition target has active contracts with federal and state agencies
- Integration with existing DaaS business model enhances service offering
- Target company brings 15 years of industry experience since 2010
- Acquisition price and financial terms not disclosed
- Deal is still in offer stage, not yet completed
- Integration costs and timeline not specified
VANCOUVER, British Columbia, June 24, 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, announces it has signed an offer to acquire a Virginia-headquartered land survey and civil engineering firm with operations in three states and expertise serving major US federal government agencies and regional infrastructure programs. Upon completion, this acquisition would mark ZenaTech’s first entry into the states of Virginia, North Carolina, and South Carolina, accelerating the Company’s expansion across the Southeast region of the US.
“This acquisition reinforces our DaaS business model expansion objectives to provide drone innovation supporting US federal government, defense, and infrastructure surveying,” said Shaun Passley, Ph.D., ZenaTech CEO. “With an established client base spanning federal agencies and regional construction markets, we are gaining both geographic reach and access to a high-value pipeline of projects where drone-based surveys and inspections can dramatically improve speed, precision and data quality for greater efficiency and precision.”
Founded in 2010 by an industry veteran, the target company delivers full-service land surveying, civil engineering, land planning, and 3D imaging. They hold active contracts with federal and state agencies and provide core infrastructure services such as land surveys for highways, bridges, and development projects.
ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones.
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.
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