ZenaTech Signs Offer to Acquire a Surveying Firm in the US West Expanding Drone as a Service Footprint to Serve Precision Agriculture, Ranching and Wildfire Management

ZenaTech (Nasdaq: ZENA) signed an offer to acquire a surveying firm headquartered in the Mountain West/Rocky Mountain US region on Dec. 11, 2025.

Rhea-AI Summary

ZenaTech (Nasdaq: ZENA) signed an offer to acquire a surveying firm headquartered in the Mountain West/Rocky Mountain US region on Dec. 11, 2025. The target has multi-state licensing and offers boundary, topographic, land title, and construction surveying services, expanding ZenaTech’s Drone as a Service (DaaS) footprint for precision agriculture, ranching, wildfire management, and construction support. ZenaTech has completed 14 global surveying acquisitions and targets 25 DaaS locations by end of Q2 2026. The acquisition aims to add regional expertise, recurring revenue, and operational capacity for drone-enabled land services.

Positive

• Adds multi-state licensed surveying operations in the Mountain West
• Expands DaaS coverage for precision agriculture, ranching, and wildfire management
• Completed 14 surveying acquisitions to date toward expansion goal
• Target of 25 DaaS locations by end of Q2 2026

Negative

• Signed an offer only; acquisition is not completed and may not close

Argus Dec 11 session

-1.53% close to close Open Argus

Details

News Market Reaction – ZENA

On Dec 11, the day this news came out, ZENA closed 1.53% below the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Key Figures

Completed acquisitions: 14 companies DaaS location target: 25 locations Q3 2025 revenue growth: 1,225% YoY +5 more

Completed acquisitions

14 companies

Global surveying acquisitions completed before this US West offer

DaaS location target

25 locations

Goal by end of Q2 2026 stated in article

Q3 2025 revenue growth

1,225% YoY

Reported in Nov 17, 2025 Form 6-K

9M 2025 revenue growth

6x

First nine months 2025 per Nov 17, 2025 Form 6-K

Q2 2025 revenue growth

over 500% YoY

Reported in Oct 15, 2025 Form 6-K

H1 2025 revenue growth

over 250%

First six months 2025 per Oct 15, 2025 Form 6-K

GG Mars ownership

1,784,864 shares (6.694%)

Stake disclosed in Schedule 13D on Sep 24, 2025

Debt conversion

$753,360 into 430,000 shares at $1.752

Convertible line of credit per Schedule 13D

Historical Context

5 past events · Latest: Dec 09

5 events

1. Dec 09

   UK acquisition

   24h Move

   +3.4%

   Closed Casado Design deal, entering UK DaaS and telecom infrastructure.

2. Dec 04

   Australia acquisition

   24h Move

   +5.6%

   Offer for Australian survey firm, first APAC gateway for DaaS.

3. Dec 02

   US acquisition close

   24h Move

   -3.6%

   Closed Smith Surveying Group to grow US government and aviation DaaS.

4. Nov 25

   Defense expansion

   24h Move

   +6.1%

   Opened Manassas office and expanded Mesa plant for US defense focus.

5. Nov 20

   Solar market entry

   24h Move

   -4.6%

   Offer to acquire Utah firm to enter solar infrastructure DaaS market.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

drone as a service (daas), saas, quantum computing, precision agriculture

4 terms

drone as a service (daas) financial

"The DaaS business model is designed to offer business and government clients flexible..."

Drone as a Service (DaaS) is a business model where companies provide drone hardware, software, pilots, maintenance and the data those drones collect on a subscription or pay-per-use basis, so customers can get aerial capabilities without buying and operating drones themselves; think of it like renting a car or using a cloud service for flight and data. Investors care because DaaS can create predictable, recurring revenue and rapid customer scale while reducing capital needs for clients, but it also brings regulatory, safety and technology adoption risks that affect profitability and growth.

saas technical

"specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions"

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

quantum computing technical

"enterprise SaaS and Quantum Computing solutions, announces it has signed an offer..."

Quantum computing is a type of advanced technology that uses the principles of quantum physics to perform calculations much faster than traditional computers. It can process vast amounts of information simultaneously, potentially solving complex problems that are currently impossible or take too long with regular computers. For investors, this technology could lead to breakthroughs in areas like cryptography, data analysis, and optimization, impacting financial markets and security systems.

precision agriculture technical

"to serve precision agriculture, ranching and wildfire management"

Precision agriculture uses sensors, satellite maps, weather data and automated equipment to manage crops and livestock more exactly — applying water, fertilizer and treatments only where and when they are needed. For investors it matters because this data-driven approach can lower costs, boost yields and make farming more predictable and scalable, much like a GPS and health tracker that optimizes a route and fitness plan for better results.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology business solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces it has signed an offer to acquire a surveying firm headquartered in the Mountain West/Rocky Mountain region of the US with existing licensing to operate in multiple states. The potential acquisition enhances ZenaTech’s presence in the region and capacity to provide drone-enabled advanced land surveying as well as drone services for modern crop and livestock management, wildfire management, and land stewardship.

“Expanding our Drone as a Service footprint across the Mountain West/Rocky Mountain region through this potential acquisition will open significant opportunities to support builders and the construction industry as well as farmers, ranchers, and government with cutting-edge, technology-driven drone solutions,” said Shaun Passley, Ph.D., ZenaTech CEO. “Drones are transforming how land is managed across this region by providing powerful solutions for rangeland and livestock monitoring, precision farming, wildfire detection and response, and large-scale environmental and forestry assessment bringing unmatched efficiency, safety, and real-time insight to managing and sustaining vast and rugged landscapes.”

The potential acquisition target offers a full range of surveying services supporting boundary, topographic, land title surveys and construction projects. The firm’s leadership is licensed to operate and serve clients in multiple states, bringing regional expertise and relationships in Mountain West/Rocky Mountain jurisdictions.

Currently, ZenaTech has completed 14 global surveying company acquisitions toward its goal of acquiring and establishing 25 DaaS locations by the end of Q2, 2026. The DaaS business model is designed to offer business and government clients flexible, on-demand, or subscription-based access to drone services such as surveying, inspection, maintenance, power washing, inventory management, and precision agriculture, without the capital costs or operational burdens of ownership. By acquiring established, profitable low-tech service companies ready for drone innovation, ZenaTech is building a global, multi-service DaaS network anchored by existing customers and recurring revenue.

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, maintenance, security, compliance, and surveying processes. With enterprise software customers using branded solutions across law enforcement, government, and industrial sectors, and drones being implemented across multiple commercial, agricultural and defense sectors, ZenaTech’s portfolio of solutions help drive exceptional operational efficiencies, precision, safety, and cost savings. The Company operates through offices in North America, Europe, Taiwan, and UAE, and is growing its global DaaS business and network of locations through acquisitions.

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 outdoor drone designed for land surveys 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ZENA announce on December 11, 2025 about an acquisition in the Mountain West?

ZenaTech announced it signed an offer to acquire a multi-state licensed surveying firm based in the Mountain West/Rocky Mountain region.

How does the potential acquisition affect ZENA’s Drone as a Service footprint?

The deal would expand ZenaTech’s DaaS presence regionally and add surveying and drone services for agriculture, ranching, wildfire management, and construction.

How many surveying companies has ZENA completed acquiring and what is its DaaS location target?

ZenaTech has completed 14 surveying company acquisitions and targets 25 DaaS locations by the end of Q2 2026.

Will the acquired surveying firm operate across multiple US states under ZENA?

Yes; the target firm’s leadership is licensed to operate and serve clients in multiple states in the Mountain West/Rocky Mountain region.

What services will ZENA provide after the acquisition for precision agriculture and land management?

ZenaTech plans to offer drone-enabled surveying, precision farming and livestock monitoring, wildfire detection and response, and large-scale environmental assessment.