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ZenaTech Strengthens Drone as a Service Capabilities for Government and Aviation Markets Closing Acquisition of Smith Surveying Group in Jacksonville, Fla.
Globenewswire· 2025-12-02 13:15
Core Insights - ZenaTech, Inc. has completed the acquisition of Smith Surveying Group LLC, enhancing its capabilities in the Drone as a Service (DaaS) sector, particularly in government and aviation markets in Florida [1][2][3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies across various sectors [5] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS business through strategic acquisitions [5] Acquisition Details - The acquisition of Smith Surveying Group, a firm with a strong presence in Jacksonville's public and commercial sectors, is expected to create significant opportunities for deploying DaaS solutions in transportation, public works, and utilities [2][3] - This acquisition follows ZenaTech's recent purchase of A&J Land Surveyors, further solidifying its position in the aviation and infrastructure sectors [2] Market Opportunities - Florida's 2025/26 budget allocates over $345 million for airport modernization and expansion, increasing demand for drone-based surveying and inspections [3] - The complex coastal environment and expanding commercial corridors in Jacksonville create a growing need for environmental monitoring and construction oversight, which ZenaTech aims to address through its enhanced service offerings [3] Service Offerings - ZenaTech's DaaS provides flexible, on-demand access to drone services for various applications, including surveying, inspection, and maintenance, without the capital costs associated with ownership [4] - The company is building a multi-service DaaS network by acquiring established service companies, which will help generate recurring revenue and anchor its customer base [4]
ZenaTech’s ZenaDrone Establishes Washington, D.C. Area Office Strengthening US Defense Revenue Opportunities and Federal Government Market Access
Globenewswire· 2025-11-25 13:00
Core Insights - ZenaTech, Inc. has opened a new office in the Washington, D.C. area to enhance its engagement with federal government and defense agencies, aiming to establish a strong federal presence for defense revenue growth [1][2] - The company is expanding its manufacturing facility in Mesa, Arizona, tripling the size to support full U.S. drone assembly, production, and testing, which aligns with its strategy to increase operational capacity and meet the growing demand for advanced UAV systems [2][3] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors including defense, agriculture, and logistics [3][6] - The company operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its U.S. DaaS business through acquisitions [3] Product Offerings - ZenaTech's drone portfolio includes the ZenaDrone 1000, capable of lifting approximately 40 kg, designed for inspection, surveillance, and reconnaissance applications, and has been tested by the U.S. Air Force and Navy Reserve [5][6] - The IQ Square and IQ Nano drones serve specific functions such as land surveys, infrastructure inspections, and inventory management in GPS-denied environments, showcasing the versatility of ZenaTech's drone solutions [5][6]
ZenaTech Signs Offer to Acquire Utah Surveying Firm, Expanding Drone as a Service into the Solar Infrastructure Market
Globenewswire· 2025-11-20 13:15
Core Insights - ZenaTech has signed an offer to acquire a Utah-based commercial surveying and 3D mapping company, marking its strategic entry into the solar infrastructure market, which is rapidly expanding and presents new growth opportunities for advanced aerial data services [1][2] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, aiming to enhance operational efficiencies across various sectors [5] - The company has completed 12 acquisitions in the U.S. and aims to establish 25 DaaS locations by the end of Q2 2026, focusing on providing flexible drone services without the capital costs of ownership [4] Industry Context - The solar energy systems market in North America is growing at over 15% annually, with many developers still relying on manual surveying methods, indicating significant opportunities for drone-based automation to enhance efficiency and reduce costs [3]
ZenaTech Expands Drone as a Service into Colorado’s Commercial and Agricultural Markets Closing the Company’s 12th Acquisition, Rampart Surveys
Globenewswire· 2025-11-18 13:00
Core Insights - ZenaTech, Inc. has successfully acquired Rampart Surveys Inc., marking its 12th acquisition and expanding its Drone as a Service (DaaS) footprint into Colorado, the first presence in the US Central West region [1][2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for critical business applications [5] - The company has been operational since 2017, focusing on software development and drone design to enhance customer processes in various sectors [5] Acquisition Details - Rampart Surveys, established in 1997, is known for its expertise in boundary, land title, topographic, and construction staking surveys, particularly in central Colorado [2] - The acquisition is expected to enhance ZenaTech's DaaS offerings, particularly in agricultural drone services such as crop inspection and health monitoring [2][4] Market Opportunity - Colorado has approximately 12.2 million hectares of agricultural land, presenting significant opportunities for drone-enabled surveying and precision agriculture services [3] - The region's challenging terrain and extensive commercial operations create a demand for advanced surveying and mapping solutions [3] Strategic Goals - ZenaTech aims to complete 25 acquisitions to bolster its DaaS business locations by Q2 2026, focusing on established service companies ready for drone innovation [4] - The DaaS model provides clients with flexible access to drone services without the capital costs associated with ownership, thereby enhancing operational efficiency [4]
ZenaTech's Drone as a Service Drives 82% of Q3 2025 Revenue as Company Advances Toward Goal of 25 Acquisitions by Mid-2026
Globenewswire· 2025-11-13 14:35
Core Insights - ZenaTech's Drone as a Service (DaaS) segment generated 82% of Q3 2025 revenue, amounting to $3.57 million out of a total of $4.35 million, indicating a significant shift from software services to drone services [1][2] - The company aims to acquire 25 new companies by mid-2026 to enhance its DaaS capabilities and expand its market presence in various sectors [1][4] - The global market for Surveying and Mapping Services is projected to grow from $41.5 billion in 2024 to $53.1 billion by 2030, with a CAGR of 4.2%, highlighting the potential for ZenaTech's growth in this area [5] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [6] - The company has developed a range of drone solutions through its subsidiary ZenaDrone, which includes applications in agriculture, defense, and logistics [8] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively expanding its DaaS business through acquisitions [6] Industry Context - The land surveying industry in the US is characterized by aging, privately owned firms that rely on outdated technology, making it a ripe target for consolidation through drone-enabled services [3] - ZenaTech's strategy involves targeting established regional providers for acquisition, aiming to deliver faster and more cost-effective surveying services using drone technology [4][3] - The DaaS platform is positioned to capture market share as industries increasingly adopt drone technology for tasks traditionally performed using manual methods [2]
ZenaTech Reports Record 1,225% Year-Over-Year Revenue Growth in Q3, 2025 and 6X Growth for First Nine Months of Year as Drone as a Service Business Expansion Accelerates
Globenewswire· 2025-11-11 12:30
Core Insights - ZenaTech, Inc. reported a record revenue growth of 1,225% year-over-year for Q3 2025, achieving $4.35 million in revenue, driven by the success of its Drone as a Service segment and enterprise SaaS software [1][5][9] Financial Overview - Revenue for the first nine months of 2025 reached $7.73 million, a nearly 6X increase from $1.29 million in the same period of 2024 [5] - The Drone as a Service segment generated $3.57 million in revenue during Q3 2025, compared to zero in Q3 2024 [5] - The enterprise SaaS software segment revenue grew to $776,908, representing a 137% increase year-over-year [5] - Working capital increased to $23.6 million as of September 30, 2025, up from $3.4 million at the end of 2024 [5] - Total assets grew to $78.5 million at the end of Q3 2025, up from $34.65 million at the end of 2024 [6] Operational Highlights - The company completed four acquisitions of land survey engineering companies, expanding its Drone as a Service footprint to ten locations across the US [5][12] - A new manufacturing facility was established in Mesa, Arizona, for the production of drones for US defense agencies [12] - The company is focusing on R&D projects, including the development of specialized AI drone applications for the US military [12] Strategic Outlook - ZenaTech anticipates continued revenue and operational growth into 2026, driven by increasing demand for drone technology and software solutions [9] - The company aims to expand its Drone as a Service operations in the US and internationally, targeting a total of 25 acquisitions by mid-2026 [12] - There is a focus on building partnerships in various sectors, including utilities, construction, and government, to enhance drone service offerings [12]
ZenaTech, Inc.(ZENA) - 2025 Q3 - Quarterly Report
2025-11-10 21:50
ZenaTech, Inc. Consolidated Statements of Financial Position For the Nine Months Ended September 30, 2025 and September 30, 2024 Expressed in Canadian Dollars Unaudited ZenaTech, Inc. Consolidated Statement of Financial Position Expressed in Canadian Dollars Unaudited | | Notes | | 2025 | | 2024 | | --- | --- | --- | --- | --- | --- | | | | | As of September 30, | As of December 31, | | | Assets | | | | | | | Current assets | | | | | | | Cash | 3 | $ | 10,261,144 | $ | 3,754,075 | | Marketable securities | ...
ZenaTech Invited to Present at Two Exclusive Investor Events in Palm Beach, Florida including at The Mar-a-Lago Club
Globenewswire· 2025-11-06 13:30
Core Insights - ZenaTech, Inc. has been invited to present to VIP investor groups in Palm Beach, Florida, from November 10-14, 2025, including a roundtable at The Mar-a-Lago Club [1][2] - The events will focus on ZenaTech's growth opportunities, drone technology, and the evolving industry and regulatory landscape [1] Company Overview - ZenaTech specializes in AI-driven drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for mission-critical business applications [4] - The company has been operational since 2017, enhancing its drone design and manufacturing capabilities through its subsidiary, ZenaDrone [4] - ZenaTech's solutions are utilized across various sectors, including law enforcement, health, government, agriculture, defense, and logistics, driving operational efficiencies and cost savings [4] Product Offerings - ZenaDrone develops autonomous drone solutions that integrate machine learning, AI, predictive modeling, and Quantum Computing [5] - The ZenaDrone 1000 is used for crop management and critical field cargo applications, while the IQ Nano is designed for inventory management and security [5] - The IQ Square is an outdoor drone intended for land surveys and inspections in commercial and defense sectors [5] Investor Engagement - ZenaTech will also participate in The PIPEs Conference in Fort Lauderdale, engaging in one-on-one briefings with institutional investors and family offices [3] - Interested parties can arrange meetings with ZenaTech's executive team during their time in Florida [3]
ZenaTech’s ZenaDrone adds 15,000 sq. ft. to Dubai-Area Operations Expanding Manufacturing Capacity and Strengthening R&D for Commercial and Defense Drone Products
Globenewswire· 2025-11-04 14:00
Core Insights - ZenaTech, Inc. is expanding its drone manufacturing operations in Sharjah, UAE, to enhance production and R&D capabilities, addressing anticipated demand in commercial and defense markets [1][2] Company Overview - ZenaTech specializes in AI-driven drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [3] - The company has been operational since 2017, leveraging software development expertise to innovate in drone design and manufacturing [3] Expansion Details - The new facility will include 12,000 sq. ft. for manufacturing and R&D, and an additional 3,000 sq. ft. for Drone as a Service operations, complementing the existing 10,000 sq. ft. facility [1][2] - The expansion aims to improve production capabilities and enhance R&D for new product development and technology performance [2] Product Offerings - ZenaTech's product lineup includes: - ZenaDrone 1000: A multifunction VTOL platform for precision agriculture and defense logistics [4] - IQ Square: A mid-range drone for land surveys and outdoor inspections [4] - IQ Nano: An ultra-compact indoor drone for inventory management and security [4][5] Workforce Expansion - The company plans to increase its local workforce by 15 to 20 skilled employees in manufacturing, engineering, and operations in the coming months [2]
ZenaTech to Highlight Drone as a Service, AI Drone Solutions, and US Defense Initiatives at Three Upcoming Investor Conferences
Globenewswire· 2025-10-30 12:00
Core Insights - ZenaTech, Inc. is actively participating in three upcoming US investor conferences to showcase its AI-driven drone solutions and expand its Drone as a Service (DaaS) business [1][2][3] Conference Participation - ZenaTech will attend the DealFlow Conference on November 12-13, 2025, at the Hard Rock Hotel & Casino in Florida, focusing on networking and investor briefings [2] - The company will also participate in the Benchmark 14th Annual Discovery One-on-One Conference, emphasizing one-on-one meetings with institutional investors [2] - Additionally, ZenaTech is set to engage in the Northland Virtual Conference on December 4, 2025, facilitating live discussions and virtual meetings [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications [5] - The company has developed a range of drone solutions through its subsidiary, ZenaDrone, which includes the ZenaDrone 1000 for agriculture and defense, and the IQ Nano for logistics and security [6] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its US DaaS business through acquisitions [5]