ZenaTech’s National Drone as a Service (DaaS) Grows Through Closing a Fifth Acquisition, Adding Powerline Inspection Capabilities
ZenaTech (NASDAQ: ZENA) has completed its fifth US acquisition, purchasing Laventure & Associates, a Florida-based land surveying and mapping firm. This strategic acquisition enhances ZenaTech's Drone as a Service (DaaS) capabilities by adding powerline inspection expertise to its portfolio. The global drone power line inspection market, valued at $26.66 billion in 2024, is projected to reach $323.8 billion by 2032, with a CAGR of 36.63%.
The company plans to integrate its ZenaDrone 1000 and IQ series autonomous drones with Laventure's expertise to provide efficient, subscription-based drone services. This acquisition is part of ZenaTech's broader strategy to acquire and integrate up to 20 additional companies over the next 12 months, strengthening its presence in Florida and expanding its DaaS offerings.
ZenaTech (NASDAQ: ZENA) ha completato la sua quinta acquisizione negli Stati Uniti, acquistando Laventure & Associates, un'azienda della Florida specializzata in rilievi topografici e mappatura. Questa acquisizione strategica potenzia le capacità di Drone as a Service (DaaS) di ZenaTech, aggiungendo competenze nell'ispezione delle linee elettriche al suo portfolio. Il mercato globale delle ispezioni di linee elettriche con droni, valutato 26,66 miliardi di dollari nel 2024, è previsto raggiungere 323,8 miliardi di dollari entro il 2032, con un tasso di crescita annuale composto (CAGR) del 36,63%.
L'azienda intende integrare i suoi droni autonomi ZenaDrone 1000 e la serie IQ con l'esperienza di Laventure per offrire servizi di droni in abbonamento efficienti. Questa acquisizione fa parte della strategia più ampia di ZenaTech di acquisire e integrare fino a 20 aziende aggiuntive nei prossimi 12 mesi, rafforzando la sua presenza in Florida ed espandendo la sua offerta DaaS.
ZenaTech (NASDAQ: ZENA) ha completado su quinta adquisición en Estados Unidos, comprando Laventure & Associates, una empresa de Florida especializada en topografía y cartografía. Esta adquisición estratégica mejora las capacidades de Drone as a Service (DaaS) de ZenaTech al añadir experiencia en inspección de líneas eléctricas a su portafolio. El mercado global de inspección de líneas eléctricas con drones, valorado en 26.66 mil millones de dólares en 2024, se proyecta que alcance 323.8 mil millones de dólares para 2032, con una tasa compuesta anual (CAGR) del 36.63%.
La compañía planea integrar sus drones autónomos ZenaDrone 1000 y la serie IQ con la experiencia de Laventure para ofrecer servicios de drones por suscripción eficientes. Esta adquisición forma parte de la estrategia más amplia de ZenaTech de adquirir e integrar hasta 20 empresas adicionales en los próximos 12 meses, fortaleciendo su presencia en Florida y ampliando su oferta DaaS.
ZenaTech (NASDAQ: ZENA)는 미국 내 다섯 번째 인수로 플로리다 기반의 토지 측량 및 지도 제작 회사인 Laventure & Associates를 인수했습니다. 이번 전략적 인수는 ZenaTech의 Drone as a Service (DaaS) 역량을 강화하여 송전선 점검 전문성을 포트폴리오에 추가합니다. 글로벌 드론 송전선 점검 시장은 2024년 266억 6천만 달러 규모에서 2032년 3,238억 달러로 성장할 것으로 예상되며, 연평균 성장률(CAGR)은 36.63%입니다.
회사는 ZenaDrone 1000 및 IQ 시리즈 자율 드론과 Laventure의 전문 지식을 결합하여 효율적인 구독 기반 드론 서비스를 제공할 계획입니다. 이번 인수는 향후 12개월 내에 최대 20개 이상의 기업을 추가로 인수 및 통합하여 플로리다 내 입지를 강화하고 DaaS 서비스를 확장하려는 ZenaTech의 광범위한 전략의 일환입니다.
ZenaTech (NASDAQ : ZENA) a réalisé sa cinquième acquisition aux États-Unis en achetant Laventure & Associates, une entreprise floridienne spécialisée dans l'arpentage et la cartographie. Cette acquisition stratégique renforce les capacités de Drone as a Service (DaaS) de ZenaTech en ajoutant une expertise en inspection de lignes électriques à son portefeuille. Le marché mondial de l'inspection des lignes électriques par drone, évalué à 26,66 milliards de dollars en 2024, devrait atteindre 323,8 milliards de dollars d'ici 2032, avec un taux de croissance annuel composé (CAGR) de 36,63 %.
L'entreprise prévoit d'intégrer ses drones autonomes ZenaDrone 1000 et la série IQ avec l'expertise de Laventure afin de fournir des services de drones par abonnement efficaces. Cette acquisition s'inscrit dans la stratégie plus large de ZenaTech visant à acquérir et intégrer jusqu'à 20 entreprises supplémentaires au cours des 12 prochains mois, renforçant ainsi sa présence en Floride et élargissant son offre DaaS.
ZenaTech (NASDAQ: ZENA) hat seine fünfte US-Übernahme abgeschlossen und Laventure & Associates, ein auf Landvermessung und Kartierung in Florida spezialisiertes Unternehmen, erworben. Diese strategische Übernahme erweitert die Drone as a Service (DaaS)-Fähigkeiten von ZenaTech durch die Ergänzung von Fachwissen in der Stromleitungsinspektion. Der globale Markt für Drohneninspektionen von Stromleitungen, der im Jahr 2024 auf 26,66 Milliarden US-Dollar geschätzt wird, soll bis 2032 auf 323,8 Milliarden US-Dollar anwachsen, mit einer jährlichen Wachstumsrate (CAGR) von 36,63 %.
Das Unternehmen plant, seine autonomen Drohnen ZenaDrone 1000 und die IQ-Serie mit dem Fachwissen von Laventure zu integrieren, um effiziente, abonnementbasierte Drohnendienste anzubieten. Diese Übernahme ist Teil der umfassenderen Strategie von ZenaTech, innerhalb der nächsten 12 Monate bis zu 20 weitere Unternehmen zu erwerben und zu integrieren, um seine Präsenz in Florida zu stärken und sein DaaS-Angebot auszubauen.
- Acquisition adds powerline inspection capabilities to service a market projected to reach $323.8 billion by 2032
- Target company brings 20+ years of experience and established customer relationships
- Strategic expansion in Florida market with operational synergies from other acquisitions
- Part of larger growth strategy to acquire 20 more companies in next 12 months
- DaaS business model offers recurring revenue through subscriptions and pay-per-use
- Significant integration challenges ahead with planned acquisition of 20 companies
- Financial terms of acquisition not disclosed
- High competition expected in rapidly growing market
Insights
ZenaTech's fifth acquisition adds powerline inspection expertise to their DaaS strategy, targeting a high-growth market worth $26.66B.
ZenaTech's acquisition of Laventure & Associates represents a strategic expansion of their Drone as a Service (DaaS) capabilities into the powerline inspection market. This deal is particularly compelling as it targets a sector projected to grow from
This transaction marks the fifth in ZenaTech's acquisition strategy, with plans to acquire up to 20 more companies within the next 12 months. The systematic approach shows disciplined M&A execution focusing on building operational synergies, particularly in Florida where they're establishing a regional stronghold. The deal structure appears designed to integrate specialized technical expertise (land surveying and powerline inspection) with ZenaTech's drone technology platform.
The acquisition aligns perfectly with industry transformation trends, as drone technology disrupts traditional infrastructure inspection methods that have historically been dangerous, expensive, and inefficient. By combining Laventure's domain expertise with their drone technology, ZenaTech is positioning to capture market share in a sector transitioning from manual inspections and helicopter surveys to automated drone solutions. The subscription-based business model also creates potential for stable, recurring revenue with higher margins than one-time hardware sales.
VANCOUVER, British Columbia, May 22, 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 announces the closing of its fifth US acquisition as part of its national DaaS rollout. The acquisition of Laventure & Associates, Inc. boosts in-house expertise to service the fast-growing powerline inspection market. The Fort Pierce, Florida land surveying, mapping, and services firm with more than two decades of experience brings a strong portfolio of repeat customers, including for multi-year power line inspections. It further enhances the services capabilities of ZenaTech’s DaaS business and provides operational synergies with other recent Florida acquisitions, further solidifying a strategic foothold in the state.
“Laventure & Associates is an important addition that will leverage new capabilities for AI drones to conduct powerline inspections, potentially adding to our overall DaaS services portfolio future growth. This marks our fifth US acquisition to date, demonstrating steady progress toward acquiring and integrating up to 20 additional companies and new services growth over the next 12 months,” said CEO Shaun Passley, Ph.D.
The global drone power line inspection market was valued at approximately USD 26.66 billion in 2024 and is projected to grow to USD 323.8 billion by 2032, exhibiting a remarkable CAGR of
Powerline inspections are important in assessing transmission infrastructure for damage, wear, or vegetation interference to ensure safety and reliability. Traditionally performed by ground crews or helicopters, these inspections are often slow, costly, and hazardous. ZenaTech plans to combine industry land survey and inspections expertise with advanced drone capabilities to deliver faster, safer, and more precise inspections, helping power companies reduce downtime, improve maintenance, and streamline operations.
ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of solutions from land surveys and power line inspections to power washing and bar code scanning inventory management automation, made accessible and cost effective through an Uber-like business model paid for on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks and achieving superior results.
The DaaS business model offers customers reduced upfront costs and convenience ─ 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.
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@zenatech.com
Investors:
Michael Mason
CORE IR
investors@zenatech.com
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 value of ZenaTech's acquisition of Laventure & Associates?
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