ZenaTech Wins the Morrissey Goodale 2026 Most Prolific and Proficient Acquirer Award for Growing its Drone as a Service Network

Rhea-AI Summary

ZenaTech (Nasdaq: ZENA) won the Morrissey Goodale 2026 Most Prolific and Proficient Acquirer Award for completing 20 global DaaS acquisitions in 2025, including 18 US firms in the AE sector. The company said acquisitions supply immediate cash flow and accelerate its Drone as a Service network rollout. ZenaTech designated SickKids as the award-charity beneficiary.

Positive

• 20 global DaaS acquisitions completed in 2025
• 18 US architecture/engineering firm acquisitions in 2025
• Immediate cash flow from acquired, revenue-generating service firms

Negative

• None.

VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has won the 2026 Most Prolific and Proficient Acquirer Award from Morrissey Goodale – a renowned management consulting and advisory firm exclusively serving the architecture, engineering, and environmental (AE) industry. The award is part of its Excellence in Acquisitive Growth Awards Series and recognizes ZenaTech’s disciplined and accelerated acquisition strategy, acquiring 18 US firms in the AE sector as part of its 20 global DaaS acquisitions in 2025.

“This award validates our strategy to create value by acquiring established land survey companies and integrating drone-based data capture, automation, and analytics into their existing operations,” said Shaun Passley, Ph.D., ZenaTech CEO. “By purchasing firms that already have licensed professionals and long-standing client relationships in commercial and municipal markets, we gain immediate cash flow while we integrate drone technology. The strategy combines a fragmented, succession-driven industry roll-up opportunity with vertical integration—improving efficiency, expanding margins, and transitioning traditional surveying into higher-value, recurring Drone as a Service revenue streams.”

The Most Prolific and Proficient Acquirer Award, presented annually by Morrissey Goodale, recognizes the firm completing the most US-based acquisitions in the prior year. The award celebrates disciplined deal execution, strategic growth, and leadership in industry consolidation. In connection with the award, Morrissey Goodale donates to a charitable organization chosen by the recipient. This year, ZenaTech has designated The Hospital for Sick Children (SickKids), Canada’s most research-intensive hospital and largest center dedicated to improving children’s health, as the beneficiary.

ZenaTech’s Drone as a Service business platform provides business and government clients with on-demand or subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By acquiring established, profitable service companies currently using low-tech processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits. The company is continuing to build its global business and network of locations as well as its integration of drones and new services. 

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 applications for business, government and defense. 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, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive speed, accuracy, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and global network of locations through acquisitions.

About ZenaDrone

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous 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 surveying, monitoring, inspection, tracking, process automation, and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications 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, the IQ Square is an outdoor drone designed for power washing and inspections use in commercial and government sectors, and the IQ Quad is for land surveys.

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, IQ Square and IQ Nano; ZenaTech's ability to develop products for markets as currently contemplated; 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 and other related risks ‎‎‎and uncertainties disclosed under the ‎heading “Risk Factors“ ‎‎‎‎in the Company’s Form F-1, Form 20-F and other filings filed ‎‎‎with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes ‎‎‎no obligation to update forward-‎looking ‎‎‎‎information except as required by applicable law. Such forward-‎‎‎looking information represents ‎‎‎‎‎managements’ best judgment based on information currently available. ‎‎‎No forward-looking ‎‎‎‎statement ‎can be guaranteed and actual future results may vary materially. ‎‎‎Accordingly, readers ‎‎‎‎are advised not to ‎place undue reliance on forward-looking statements or ‎‎‎information.‎

FAQ

What did ZenaTech (ZENA) announce on February 24, 2026?

ZenaTech announced it won the Morrissey Goodale 2026 acquisition award for its 2025 deal activity. According to the company, the award recognized completing 20 global DaaS acquisitions, including 18 US firms, underscoring its accelerated AE sector roll-up strategy.

How many acquisitions did ZenaTech (ZENA) complete in 2025?

ZenaTech completed 20 DaaS acquisitions globally during 2025, including 18 in the US. According to the company, these deals targeted established land survey and service firms to accelerate Drone as a Service network expansion and cash flow generation.

What does the Morrissey Goodale award mean for ZenaTech (ZENA) shareholders?

The award signals recognition for disciplined acquisitive growth and deal execution. According to the company, it validates ZenaTech’s strategy of buying revenue-generating service firms to integrate drone technology and pursue recurring DaaS revenue streams.

How does ZenaTech (ZENA) expect acquisitions to affect its revenue model?

ZenaTech intends to convert acquired firms’ revenue into recurring Drone as a Service income while preserving existing client relationships. According to the company, acquisitions supply immediate cash flow and enable subscription or on-demand DaaS offerings.

Which charity did ZenaTech (ZENA) designate in connection with the award?

ZenaTech designated The Hospital for Sick Children (SickKids) as the award beneficiary. According to the company, Morrissey Goodale donates to a charity chosen by the recipient and ZenaTech selected SickKids for 2026.

How will ZenaTech (ZENA) integrate acquired surveying firms into its DaaS network?

ZenaTech plans to integrate drone-based data capture, automation, and analytics into acquired firms’ operations to upgrade services. According to the company, acquisitions bring licensed professionals and client relationships to accelerate next‑gen DaaS deployment.