ZenaTech Expands Drone as a Service (DaaS) to California with Offer to Acquire an Engineering and Surveying Firm, Tapping into Precision Agriculture and Viticulture Market
ZenaTech (NASDAQ: ZENA) has signed an offer to acquire a California-based civil engineering and land surveying firm, marking its strategic entry into the US West Coast market. This acquisition aims to expand ZenaTech's Drone as a Service (DaaS) operations into California's agriculture and viticulture sectors.
The move positions ZenaTech to leverage its AI-powered drone capabilities for aerial imaging, precision spraying, irrigation analytics, and wildfire monitoring in California, which represents 90% of US vineyard acreage. The global agricultural drone market is projected to reach $10.3 billion by 2030.
This marks ZenaTech's seventh acquisition, with plans to complete approximately 20 more acquisitions in the next 12 months as part of its DaaS business model expansion strategy.
ZenaTech (NASDAQ: ZENA) ha firmato un accordo per acquisire un'azienda californiana di ingegneria civile e rilievi topografici, segnando il suo ingresso strategico nel mercato della costa occidentale degli Stati Uniti. Questa acquisizione mira a espandere le operazioni di Drone as a Service (DaaS) di ZenaTech nei settori agricolo e vitivinicolo della California.
Questa mossa posiziona ZenaTech per sfruttare le sue capacità di droni alimentati dall'intelligenza artificiale per imaging aereo, spruzzatura di precisione, analisi dell'irrigazione e monitoraggio degli incendi boschivi in California, che rappresenta il 90% della superficie viticola degli Stati Uniti. Il mercato globale dei droni agricoli è previsto raggiungere i 10,3 miliardi di dollari entro il 2030.
Questa è la settima acquisizione di ZenaTech, con piani per completare circa altre 20 acquisizioni nei prossimi 12 mesi come parte della strategia di espansione del modello di business DaaS.
ZenaTech (NASDAQ: ZENA) ha firmado una oferta para adquirir una empresa californiana de ingeniería civil y topografía, marcando su entrada estratégica en el mercado de la Costa Oeste de Estados Unidos. Esta adquisición tiene como objetivo expandir las operaciones de Drone as a Service (DaaS) de ZenaTech en los sectores agrícola y vitivinícola de California.
Esta acción posiciona a ZenaTech para aprovechar sus capacidades de drones impulsados por inteligencia artificial para imágenes aéreas, pulverización de precisión, análisis de riego y monitoreo de incendios forestales en California, que representa el 90% del área de viñedos en EE.UU.. Se proyecta que el mercado global de drones agrícolas alcance los 10,3 mil millones de dólares para 2030.
Esta es la séptima adquisición de ZenaTech, con planes de completar aproximadamente 20 adquisiciones más en los próximos 12 meses como parte de su estrategia de expansión del modelo de negocio DaaS.
ZenaTech (NASDAQ: ZENA)는 캘리포니아에 기반을 둔 토목 공학 및 토지 측량 회사를 인수하기 위한 제안을 체결하며 미국 서부 해안 시장에 전략적으로 진입했습니다. 이번 인수는 ZenaTech의 Drone as a Service (DaaS) 사업을 캘리포니아의 농업 및 포도 재배 분야로 확장하는 것을 목표로 합니다.
이번 조치로 ZenaTech는 인공지능 기반 드론 기술을 활용해 항공 이미지 촬영, 정밀 살포, 관개 분석, 산불 모니터링 등을 캘리포니아에서 수행할 수 있게 되었으며, 캘리포니아는 미국 포도밭 면적의 90%를 차지합니다. 전 세계 농업용 드론 시장은 2030년까지 103억 달러에 이를 것으로 예상됩니다.
이번 인수는 ZenaTech의 일곱 번째 인수이며, DaaS 비즈니스 모델 확장 전략의 일환으로 향후 12개월 내 약 20건의 추가 인수를 완료할 계획입니다.
ZenaTech (NASDAQ : ZENA) a signé une offre pour acquérir une entreprise californienne d'ingénierie civile et de topographie, marquant ainsi son entrée stratégique sur le marché de la côte Ouest des États-Unis. Cette acquisition vise à étendre les opérations de Drone as a Service (DaaS) de ZenaTech dans les secteurs agricole et viticole de Californie.
Cette démarche permet à ZenaTech de tirer parti de ses capacités de drones alimentés par l'IA pour l'imagerie aérienne, la pulvérisation de précision, l'analyse de l'irrigation et la surveillance des incendies de forêt en Californie, qui représente 90 % des vignobles américains. Le marché mondial des drones agricoles devrait atteindre 10,3 milliards de dollars d'ici 2030.
Il s'agit de la septième acquisition de ZenaTech, avec des plans pour réaliser dans le cadre de sa stratégie d'expansion du modèle commercial DaaS.
ZenaTech (NASDAQ: ZENA) hat ein Angebot zur Übernahme eines ziviltechnischen und vermessungstechnischen Unternehmens mit Sitz in Kalifornien unterzeichnet und markiert damit seinen strategischen Einstieg in den US-Westküstenmarkt. Diese Übernahme zielt darauf ab, ZenaTechs Drone as a Service (DaaS)-Geschäft in den landwirtschaftlichen und weinbaulichen Sektoren Kaliforniens auszubauen.
Dieser Schritt positioniert ZenaTech, um seine KI-gestützten Drohnenfähigkeiten für Luftbildaufnahmen, präzise Sprühungen, Bewässerungsanalysen und Waldbrandüberwachung in Kalifornien einzusetzen, das 90 % der US-Weinbergfläche ausmacht. Der globale Markt für landwirtschaftliche Drohnen wird bis 2030 voraussichtlich 10,3 Milliarden US-Dollar erreichen.
Dies ist die siebte Übernahme von ZenaTech, mit Plänen, in den nächsten 12 Monaten etwa 20 weitere Übernahmen im Rahmen der Expansion des DaaS-Geschäftsmodells abzuschließen.
- Strategic entry into California's massive agriculture market, home to 90% of US vineyard acreage
- Expansion of DaaS operations into high-value precision agriculture and viticulture sectors
- Acquisition provides established customer base and regional presence
- Company has successfully closed 6 previous acquisitions with 20 more planned
- Entering a market projected to reach $10.3B by 2030
- Acquisition is still in offer stage, not yet completed
- Significant execution risk with planned 20 acquisitions in 12 months
- Integration challenges in new geographic market
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), and enterprise SaaS, has signed an offer to acquire a California-based civil engineering and land surveying firm with a well established history of operations. This marks ZenaTech’s first proposed transaction in the US West Coast or Southwest region, creating a strategic entry point into California ─ a high-value market for drone-based precision agriculture due to a massive agriculture economy, crop diversity, labor and water challenges, and an openness to innovation.
With a commercial, construction and sustainability solution customer base and a deep regional presence, the proposed acquisition positions ZenaTech to scale its Drone as a Service or DaaS survey operations. It also provides significant opportunity to expand into California’s wine and agriculture sectors using advanced drone capabilities including aerial imaging, precision spraying, irrigation analytics, and wildfire detection and monitoring in high-risk areas.
“This proposed acquisition is more than just our first Southwest region location — it’s a strategic foothold into a high-value, high-growth state for precision agriculture,” said Shaun Passley, Ph.D., CEO of ZenaTech. “The firm is a natural fit to help execute our growth strategy for crop health monitoring and precision spraying to serve viticulture, large estates, and commercial farming operations across California.”
With the global agricultural drone market projected to reach USD 10.3 billion by 2030, driven by rising demand for precision technologies in farming, California stands out as a key growth region as well as being home to nearly
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.
The company has closed six acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete approximately 20 more in the next 12 months.
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 additional US locations, 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.
