ZenaTech Signs Offer to Acquire North Carolina Land Surveying Company to Expand State Operations and Government Customers
ZenaTech (NASDAQ: ZENA) has signed an offer to acquire a North Carolina-based land surveying company with over 30 years of experience serving government and commercial clients. This strategic acquisition, combined with a previously announced land survey acquisition in North Carolina, aims to expand ZenaTech's regional presence in the US Southeast.
The target company provides comprehensive services including boundary surveys, topographic planning, ALTA/ACSM surveys, and construction staking. ZenaTech plans to integrate its AI-powered drone technology into land survey workflows through its Drone as a Service (DaaS) model, which offers cost-effective solutions without requiring customers to purchase hardware or manage operations.
This marks ZenaTech's sixth acquisition, with plans to complete 20 more acquisitions in the next 12 months as part of its national DaaS business strategy.
ZenaTech (NASDAQ: ZENA) ha firmato un accordo per acquisire un'azienda di rilevamento territoriale con sede in North Carolina, con oltre 30 anni di esperienza al servizio di clienti governativi e commerciali. Questa acquisizione strategica, unita a una precedente acquisizione nel settore del rilevamento territoriale sempre in North Carolina, mira ad ampliare la presenza regionale di ZenaTech nel sud-est degli Stati Uniti.
L'azienda target offre servizi completi che includono rilievi di confine, pianificazione topografica, rilievi ALTA/ACSM e tracciamenti per costruzioni. ZenaTech intende integrare la sua tecnologia drone alimentata da intelligenza artificiale nei flussi di lavoro del rilevamento territoriale attraverso il modello Drone as a Service (DaaS), che propone soluzioni economiche senza la necessità per i clienti di acquistare hardware o gestire le operazioni.
Questa rappresenta la sesta acquisizione di ZenaTech, che prevede di completare altre 20 acquisizioni nei prossimi 12 mesi nell'ambito della sua strategia nazionale di business DaaS.
ZenaTech (NASDAQ: ZENA) ha firmado una oferta para adquirir una empresa de topografía con sede en Carolina del Norte, con más de 30 años de experiencia atendiendo a clientes gubernamentales y comerciales. Esta adquisición estratégica, combinada con una adquisición previa en Carolina del Norte, busca expandir la presencia regional de ZenaTech en el sureste de los Estados Unidos.
La empresa objetivo ofrece servicios integrales que incluyen levantamientos de límites, planificación topográfica, levantamientos ALTA/ACSM y marcación para construcción. ZenaTech planea integrar su tecnología de drones impulsada por inteligencia artificial en los flujos de trabajo de topografía a través de su modelo Drone as a Service (DaaS), que ofrece soluciones rentables sin que los clientes tengan que comprar hardware o gestionar operaciones.
Esta es la sexta adquisición de ZenaTech, con planes de completar 20 adquisiciones más en los próximos 12 meses como parte de su estrategia nacional de negocio DaaS.
ZenaTech (NASDAQ: ZENA)는 정부 및 상업 고객을 대상으로 30년 이상의 경험을 보유한 노스캐롤라이나 기반 토지 측량 회사를 인수하기로 계약을 체결했습니다. 이번 전략적 인수는 이전에 발표된 노스캐롤라이나 내 토지 측량 인수와 결합되어 미국 남동부 지역에서 ZenaTech의 지역적 입지를 확장하는 것을 목표로 합니다.
대상 회사는 경계 측량, 지형 계획, ALTA/ACSM 측량, 건설 스테이킹 등 포괄적인 서비스를 제공합니다. ZenaTech는 고객이 하드웨어를 구매하거나 운영을 관리할 필요 없이 비용 효율적인 솔루션을 제공하는 Drone as a Service(DaaS) 모델을 통해 AI 기반 드론 기술을 토지 측량 작업 흐름에 통합할 계획입니다.
이번 인수는 ZenaTech의 여섯 번째 인수이며, 향후 12개월 내에 20건 이상의 추가 인수를 완료할 계획으로 국가적인 DaaS 비즈니스 전략의 일환입니다.
ZenaTech (NASDAQ : ZENA) a signé une offre pour acquérir une société de topographie basée en Caroline du Nord, forte de plus de 30 ans d'expérience au service de clients gouvernementaux et commerciaux. Cette acquisition stratégique, combinée à une acquisition de topographie précédemment annoncée en Caroline du Nord, vise à étendre la présence régionale de ZenaTech dans le sud-est des États-Unis.
La société cible propose des services complets incluant relevés de limites, planification topographique, relevés ALTA/ACSM et piquetage de construction. ZenaTech prévoit d'intégrer sa technologie de drones alimentée par l'IA dans les flux de travail de topographie via son modèle Drone as a Service (DaaS), qui offre des solutions économiques sans que les clients aient à acheter du matériel ou gérer les opérations.
Il s'agit de la sixième acquisition de ZenaTech, avec l'intention de réaliser 20 acquisitions supplémentaires au cours des 12 prochains mois dans le cadre de sa stratégie nationale d'affaires DaaS.
ZenaTech (NASDAQ: ZENA) hat ein Angebot zur Übernahme eines in North Carolina ansässigen Vermessungsunternehmens mit über 30 Jahren Erfahrung in der Betreuung von Regierungs- und Geschäftskunden unterzeichnet. Diese strategische Übernahme, kombiniert mit einer zuvor angekündigten Vermessungsakquisition in North Carolina, zielt darauf ab, ZenaTechs regionale Präsenz im Südosten der USA auszubauen.
Das Zielunternehmen bietet umfassende Dienstleistungen wie Grenzvermessungen, topografische Planung, ALTA/ACSM-Vermessungen und Bauvermessungen an. ZenaTech plant, seine KI-gestützte Drohnentechnologie in die Vermessungsabläufe durch sein Drone as a Service (DaaS)-Modell zu integrieren, das kostengünstige Lösungen bietet, ohne dass Kunden Hardware kaufen oder den Betrieb verwalten müssen.
Dies ist ZenaTechs sechste Übernahme, mit Plänen, in den nächsten 12 Monaten weitere 20 Übernahmen im Rahmen seiner nationalen DaaS-Geschäftsstrategie abzuschließen.
- Strategic expansion into North Carolina's government and commercial survey market
- Integration of AI drone technology into established land survey business
- Access to long-term government and municipal customers
- Part of larger acquisition strategy with 20 more planned acquisitions
- Potential for recurring revenue through DaaS model
- Significant execution risk with rapid acquisition strategy
- Integration challenges of traditional surveying with new drone technology
- Potential cultural and operational challenges merging multiple acquisitions
VANCOUVER, British Columbia, June 26, 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), enterprise SaaS, announces it has signed an offer to acquire a well-established North Carolina-based land surveying company with a strong government customer base. The proposed acquisition expands operations in the state when combined with a previously announced proposed land survey acquisition with operations in North Carolina. With over three decades of success serving government agencies, municipal governments, construction companies, and real estate developers, this strategic acquisition would significantly advance the company’s regional market penetration as well as growth in the US Southeast.
“This proposed acquisition aligns with our strategy to build a robust, scalable, national Drone as a Service business while empowering strong regional and local hubs and recurring revenue opportunities,” said Shaun Passley, Ph.D., ZenaTech CEO. “We plan to embed AI-powered drone technology into critical land survey workflows providing unparalleled speed and precision. Land surveys are a first step to innovating multiple legacy businesses and inefficient processes with our DaaS model and our drones.”
The land survey company offers comprehensive services include boundary surveys, topographic and site planning surveys, ALTA (American Land Title Association) / ACSM (American Congress on Surveying and Mapping) surveys, construction staking, and other essential survey solutions for permitting, financing, and construction across city, county, and commercial sectors.
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 five acquisitions across the US to date as part of its DaaS business model and strategy and has announced it plans to complete 20 more acquisitions 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 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.
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