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ZenaTech Signs Offer to Acquire Utah Surveying Firm, Expanding Drone as a Service into the Solar Infrastructure Market

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ZenaTech (Nasdaq: ZENA) signed an offer to acquire a Utah commercial surveying and 3D mapping firm that specializes in LiDAR processing, drone-enabled data capture, and large-scale solar site development clients.

The deal represents ZenaTech’s strategic entry into the solar infrastructure market, combining the target’s surveying and LiDAR capabilities with ZenaTech’s analytics, automation tools and ZenaDrone hardware to target faster turnaround, improved data accuracy, and expanded DaaS services for planning, design, construction and maintenance of solar farms.

ZenaTech said it has completed 12 U.S. acquisitions toward a goal of establishing 25 DaaS locations by end of Q2 2026.

ZenaTech (Nasdaq: ZENA) ha firmato un'offerta per acquisire una società dello Utah specializzata in rilievi commerciali e mappatura 3D che si occupa di elaborazione LiDAR, cattura dati tramite drone e clienti per lo sviluppo di grandi impianti solari.

L'accordo segna l'ingresso strategico di ZenaTech nel mercato delle infrastrutture solari, combinando le capacità di rilievo e LiDAR della società obiettivo con le capacità di analisi, strumenti di automazione e l'hardware ZenaDrone di ZenaTech per tempi di consegna più rapidi, maggiore precisione dei dati e l'espansione dei servizi DaaS per la pianificazione, progettazione, costruzione e manutenzione di parchi solari.

ZenaTech ha dichiarato di aver completato 12 acquisizioni negli Stati Uniti nell'ambito dell'obiettivo di stabilire 25 sedi DaaS entro la fine del secondo trimestre 2026.

ZenaTech (Nasdaq: ZENA) firmó una oferta para adquirir una empresa de agrimensura comercial y mapeo 3D de Utah que se especializa en procesamiento LiDAR, captura de datos con dron y clientes de desarrollo de grandes sitios solares.

El acuerdo representa la entrada estratégica de ZenaTech en el mercado de infraestructura solar, combinando las capacidades de topografía y LiDAR de la empresa objetivo con las capacidades de análisis, herramientas de automatización y el hardware ZenaDrone de ZenaTech para lograr tiempos de entrega más rápidos, mayor precisión de datos y ampliar los servicios DaaS para la planificación, diseño, construcción y mantenimiento de plantas solares.

ZenaTech dijo que ha completado 12 adquisiciones en los Estados Unidos con miras a establecer 25 ubicaciones DaaS para finales del segundo trimestre de 2026.

ZenaTech (Nasdaq: ZENA)가 유타주에 위치한 상업용 측량 및 3D 매핑 회사를 인수하기 위한 제안을 체결했습니다. 이 회사는 LiDAR 처리, 드론 기반 데이터 수집 및 대규모 태양광 발전단지 개발 고객을 전문으로 합니다.

거래는 ZenaTech의 분석, 자동화 도구 및 ZenaDrone 하드웨어와 대상 기업의 측량 및 LiDAR 기능을 결합하여 태양광 인프라 시장에 대한 전략적 진입을 의미하며, 더 빠른 처리 기간, 향상된 데이터 정확도 및 계획, 설계, 건설 및 유지 관리를 위한 DaaS 서비스 확장을 목표로 합니다.

ZenaTech는 2026년 2분기 말까지 미국 내 12건의 인수를 완료했다며 25개의 DaaS 위치를 확립하는 것을 목표로 하고 있습니다.

ZenaTech ( Nasdaq : ZENA ) a signé une offre pour acquérir une société d'arpentage commercial et de cartographie 3D de l'Utah qui se spécialise dans le traitement LiDAR, la capture de données par drone et des clients de développement de grands sites solaires.

Cette opération représente l'entrée stratégique de ZenaTech sur le marché des infrastructures solaires, en combinant les capacités d'arpentage et de LiDAR de la cible avec les analyses, les outils d'automatisation et le matériel ZenaDrone de ZenaTech pour viser des délais plus rapides, une meilleure précision des données et l'extension des services DaaS pour la planification, la conception, la construction et la maintenance des fermes solaires.

ZenaTech a déclaré avoir conclu 12 acquisitions américaines dans le cadre de l'objectif d'établir 25 emplacements DaaS d'ici la fin du deuxième trimestre 2026.

ZenaTech (Nasdaq: ZENA) hat ein Angebot zur Übernahme eines Vermessungs- und 3D-Kartenunternehmens in Utah unterzeichnet, das sich auf LiDAR-Verarbeitung, drohnenbasierte Datenerfassung und Großprojekte im Bereich Solarstandorte spezialisiert.

Der Deal markiert den strategischen Einstieg von ZenaTech in den Markt für Solar-Infrastruktur, indem die Vermessungs- und LiDAR-Fähigkeiten des Zielunternehmens mit ZenaTechs Analytik, Automatisierungstools und der ZenaDrone-Hardware kombiniert werden, um eine schnellere Bearbeitungszeit, eine verbesserte Datengenauigkeit und erweiterte DaaS-Dienstleistungen für Planung, Design, Bau und Wartung von Solarparks zu ermöglichen.

ZenaTech gab bekannt, dass es 12 Akquisitionen in den USA abgeschlossen hat, mit dem Ziel, bis Ende des zweiten Quartals 2026 25 DaaS-Standorte zu etablieren.

ZenaTech (ناسداك: ZENA) قد وقّعت عرضاً للاستحواذ على شركة مسح تجارية ورسم ثلاثي الأبعاد في يوتا تتخصص في معالجة LiDAR، و< b>التقاط البيانات عبر طائرة بدون طيار، وزبائن تطوير مواقع الطاقة الشمسية واسعة النطاق.

يمثل الصفقة الدخول الاستراتيجي لـ ZenaTech إلى سوق بنى تحتية للطاقة الشمسية، من خلال دمج قدرات المسح وLiDAR للشركة المستهدفة مع تحليلات ZenaTech وأدوات الأتمتة وأجهزة ZenaDrone الخاصة بـ ZenaTech لاستهداف أوقات تسليم أسرع، ودقة بيانات محسنـة، وتوسيع خدمات DaaS للخطط والتصميم والبناء والصيانة لمحطات الطاقة الشمسية.

وقالت ZenaTech إنها أكملت 12 عملية استحواذ في الولايات المتحدة كجزء من هدفها بإنشاء 25 موقع DaaS بنهاية الربع الثاني من 2026.

Positive
  • Signed offer to acquire Utah surveying and 3D mapping firm
  • Strategic entry into the solar infrastructure market
  • Combines LiDAR and 3D mapping with ZenaTech analytics and ZenaDrone
  • 12 U.S. acquisitions completed toward 25 DaaS locations by end of Q2 2026
Negative
  • None.

VANCOUVER, British Columbia, Nov. 20, 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 well-established Utah-based commercial surveying and 3D mapping company specializing in LiDAR processing, drone-enabled data capture, and large-scale solar site development clients. This acquisition represents ZenaTech’s strategic entry into the fast-expanding solar infrastructure market, unlocking new growth avenues for advanced aerial data services for developers engaged in planning, design, construction and maintenance of solar farms and other solar energy projects.

“Entering the commercial solar development and maintenance sector is a significant milestone for ZenaTech,” said Shaun Passley, Ph.D., CEO of ZenaTech. “Solar infrastructure demands high-precision surveying and rapid data turnaround. This acquisition instantly brings these capabilities to our Drone as a Service platform and expands us into this untapped market to provide scalable, drone-enabled solutions that will drive efficiency and speed.”

The target firm brings proven operational drone technology experience in both surveying and drone data processing for large commercial solar projects. With deep expertise in LiDAR scanning, 3D mapping, and drone-integrated workflows, the company supports high-fidelity terrain mapping, site planning, and virtual project visualization, delivering critical data to major solar developers nationwide. By combining their drone-enabled data capture and processing capabilities with ZenaTech’s proprietary analytics and automation tools as well as ZenaDrone drones, the combined platform will enable faster turnaround times, improved data accuracy, and an expanded scope of services.

According to the Grand View Horizon, the solar energy systems market in North America is growing at over 15% per year. Despite rapid expansion, many solar developers still rely heavily on manual surveying and traditional site assessment methods, creating significant opportunities for drone-based automation to reduce costs, improve accuracy, and accelerate project timelines.

Currently, ZenaTech has completed 12 US acquisitions toward its goal of acquiring and establishing 25 DaaS locations by the end of Q2, 2026. The DaaS model offers business and government clients flexible and on-demand or subscription-based access to drone services for surveying, inspection, maintenance, power washing, inventory management, and precision agriculture without the capital costs or operational burdens of ownership. By acquiring established, profitable 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

What did ZenaTech (ZENA) announce on November 20, 2025 about an acquisition?

ZenaTech signed an offer to acquire a Utah surveying and 3D mapping firm specializing in LiDAR and drone data for commercial solar projects.

How does the ZenaTech acquisition affect its Drone as a Service (DaaS) strategy for ZENA?

The acquisition expands DaaS into solar infrastructure, adding surveying, LiDAR processing and mapping to ZenaTech’s platform.

What growth target did ZenaTech (ZENA) cite for DaaS locations and timing?

ZenaTech said it has completed 12 U.S. acquisitions toward a goal of 25 DaaS locations by end of Q2 2026.

What capabilities does the acquired Utah firm bring to ZenaTech (ZENA)?

The firm brings LiDAR scanning, 3D mapping, drone-enabled data capture and workflows for large commercial solar projects.

Will the ZenaTech (ZENA) acquisition speed up solar project site surveys?

ZenaTech stated the combined platform will enable faster turnaround times and improved data accuracy for solar site planning and construction.
ZenaTech, Inc.

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