ZenaTech to Expand Drone as a Service (DaaS) for Public Works and Wildfire Management by Signing Offer to Acquire Southern California-Based Land Survey and Engineering Firm

Rhea-AI Summary

ZenaTech (Nasdaq: ZENA) signed an offer to acquire a Southern California land survey and engineering firm to expand its Drone as a Service (DaaS) footprint in a major public‑works and wildfire‑prone region.

The transaction would add long‑term government and commercial builder customers, enable integration of aerial data, analytics and automation into existing public works projects, and support wildfire detection, post‑disaster assessment and environmental mapping.

ZenaTech has completed 11 acquisitions toward a target of 25 DaaS locations by mid‑2026 and emphasizes pay‑per‑use and subscription DaaS models to avoid customer capital outlay.

Positive

• Expanded SoCal DaaS presence in a major public works region
• 11 acquisitions completed toward 25-location target by mid-2026
• Platform to integrate aerial data and analytics into government projects
• Access to long-term government and commercial customers

Negative

• Signed an offer to acquire; transaction not yet completed
• Ambitious 25-location by mid-2026 rollout creates execution timing risk

VANCOUVER, British Columbia, Oct. 21, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces it has signed an offer to acquire a Southern California land survey engineering firm with a considerable list of long-term government and commercial builder customers and significant expertise in public works projects. The acquisition would expand ZenaTech’s DaaS presence in Southern California, providing opportunities to modernize and improve a range of surveying, inspection, and monitoring applications for government and commercial customers using drones.

“Southern California is one of the largest and most dynamic public works and infrastructure-driven regions in the country — from transportation expansion and utility modernization to environmental land planning,” said Shaun Passley, Ph.D., ZenaTech CEO. “This acquisition would establish our Drone as a Service presence in a region where advanced surveying and rapid data delivery is essential. We see tremendous opportunity to expand the public works portfolio, as well as grow drone-based services such as wildfire detection, terrain monitoring, and environmental recovery mapping — all critical to building safer, more resilient communities across the West.”

The acquisition would help accelerate ZenaTech’s continued expansion into the US public works and infrastructure market — one of the largest consumers of engineering and surveying services — and provide a platform to integrate drone-based aerial data, analytics, and automation across the acquired firm’s existing government projects. The proposed acquisition also presents opportunities to leverage ZenaTech’s drone technologies for wildfire surveillance, post-disaster assessments, and regional planning initiatives — critical needs in one of the nation’s most wildfire-prone regions.

Currently, ZenaTech has completed 11 acquisitions toward its goal of acquiring and establishing 25 Drone as a Service locations by mid-2026. The company’s DaaS model provides businesses and government customers with a flexible and convenient on-demand pay-per-use or subscription access to drone services for surveying, inspections, precision farming, or power washing services, while benefiting from the automation of old tech or manual processes. The model eliminates the need to invest in capital costs, pilots, maintenance, and compliance to benefit from drone innovation. The company is acquiring profitable land survey engineering and other businesses ripe for drone innovation, to advance its national vision for a scalable, tech-enabled multiservice drone business anchored by existing customers and recurring revenue.

About ZenaTech

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology solutions 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 global offices in North America, Europe, Taiwan, and UAE, and is growing its US DaaS business model 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 October 21, 2025 about an acquisition?

ZenaTech announced it signed an offer to acquire a Southern California land survey and engineering firm to expand DaaS services.

How many acquisitions has ZenaTech completed toward its DaaS rollout?

ZenaTech has completed 11 acquisitions toward its goal of 25 DaaS locations by mid-2026.

What services will ZenaTech expand in Southern California with the acquisition?

The acquisition targets expansion of surveying, inspection, monitoring, wildfire detection, and environmental mapping using drones.

Will the ZenaTech transaction provide government contracts or customers?

Yes; the target has a considerable list of long-term government and commercial builder customers for public works projects.

How does ZenaTech’s DaaS model serve customers after the acquisition?

The DaaS model offers on-demand pay-per-use or subscription access to drone services without customer capital investment in pilots or equipment.

Is the Southern California acquisition finalized for ZENA stockholders?

No; ZenaTech has signed an offer, indicating the acquisition is proposed and not yet completed.