ZenaTech, Inc.(ZENA)
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ZenaTech Signs Offer to Acquire Colorado Land Surveying Firm, Expanding National Drone as a Service (DaaS) Business into a $36 Billion US Surveying and Mapping Market
Globenewswire· 2025-09-25 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, and is expanding its national presence through acquisitions [1][4] - The company has completed ten acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible on-demand access to drone-based services [3] Acquisition Details - ZenaTech has signed an offer to acquire a Colorado-based land surveying firm, marking its first DaaS location in the Central West US region [1][2] - The acquired firm has a strong reputation in surveying services, which includes various types of land surveys and drone aerial topographic surveys across multiple Colorado counties [1][2] Market Insights - The US land surveying and mapping services market was valued at approximately USD 36.42 billion in 2024 and is projected to grow to USD 47.46 billion by 2033, indicating a strong demand for technology-enabled survey solutions [2] - Colorado's rapid population growth and increasing demand for infrastructure and renewable energy projects provide a robust platform for ZenaTech's expansion through its DaaS model [2] Strategic Vision - The CEO of ZenaTech emphasized the combination of traditional survey workflows with AI drone technology to enhance data capture speed and accuracy, aiming to modernize surveying processes and expand into other drone-based services [2] - The company plans to create new recurring revenue streams in a fast-growing market by integrating its technology into various applications, including utilities inspection and precision agriculture [2]
ZenaTech Closes Tenth Acquisition of A&J Land Surveyor Inc., Expanding Drone as a Service (DaaS) to Florida’s Aviation, Utility, and Infrastructure Markets
Globenewswire· 2025-09-23 11:30
Core Insights - ZenaTech, Inc. has completed the acquisition of A&J Land Surveyor, marking its tenth acquisition aimed at expanding its Drone-as-a-Service (DaaS) business [1][3] - The acquisition enhances ZenaTech's presence in Florida's aviation, utility, and infrastructure markets, leveraging A&J's established customer relationships and expertise [1][2] - ZenaTech aims to establish 25 DaaS locations by mid-2026, providing flexible drone-based services to businesses and government customers [3] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing, focusing on mission-critical applications for businesses and government [4] - The company has developed its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [4][5] - ZenaTech's solutions are utilized across various sectors, including agriculture, defense, and logistics, driving operational efficiencies and cost savings [4] Market Strategy - Florida is identified as a strategic growth market due to its favorable flying conditions and diverse terrain, which supports strong demand for aerial services [2] - The acquisition of A&J allows ZenaTech to expand into coastal and marine markets, enhancing its capabilities in hydrographic and bathymetric surveys [2] - The DaaS model eliminates the need for customers to invest in capital costs, making drone services more accessible [3]
ZenaTech Signs Offer to Acquire Washington Land Surveying and Mapping Firm Expanding Drone as a Service (DaaS) in the Northwest Tapping into an $8.5 Billion US Market
Globenewswire· 2025-09-18 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for business and government applications [4] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies and cost savings across various sectors [4] Acquisition Announcement - ZenaTech has signed an offer to acquire a land surveying and mapping firm in Washington, enhancing its DaaS business and establishing a presence in the Northwest [1][2] - This acquisition is expected to unlock significant opportunities in drone-based land and marine surveys, aligning with the company's vision to deploy AI-powered drones in traditional services [2] Market Potential - The US land surveying services market was valued at approximately USD 8.5 billion in 2024 and is projected to reach USD 12.3 billion by 2033, indicating strong demand for technology-enabled survey solutions [2] - The acquisition is part of ZenaTech's strategy to embed AI-powered drone technology into critical survey workflows, creating new opportunities for scalable recurring revenue [2][3] Growth Strategy - ZenaTech has completed nine acquisitions towards its goal of establishing 25 DaaS locations by mid-next year, focusing on flexible, on-demand access to drone services [3] - The company aims to eliminate the need for customers to invest in drone hardware, software, and regulatory compliance, thereby advancing its vision for a tech-enabled multiservice drone business [3] Product Offerings - ZenaDrone, a subsidiary of ZenaTech, develops multifunctional AI drone solutions for various applications, including agriculture, defense, and logistics [5] - The ZenaDrone 1000 and IQ Nano drones are utilized for crop management and inventory management, respectively, showcasing the company's diverse product capabilities [5]
ZenaTech's ZenaDrone Subsidiary Commences Testing of Its IQ Square Drone for Public Safety and Emergency Response Applications, a USD $5.5 Billion Market
Globenewswire· 2025-09-16 12:30
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions for business and government applications [5] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies and safety across various sectors [5] Product Development - ZenaTech's subsidiary, ZenaDrone, is set to begin operational testing of the IQ Square outdoor drone, aimed at public safety and emergency response applications [1][2] - The IQ Square drone features a VTOL design, autonomous charging, and a flight time of 20 to 25 minutes, making it suitable for emergency management and law enforcement [3] Market Potential - The global public safety drone market was valued at approximately USD 5.5 billion in 2024 and is projected to exceed USD 15 billion by 2033, reflecting a compound annual growth rate of over 12% [4] - This growth is driven by the increasing use of drones for crowd monitoring, law enforcement support, disaster response, and critical infrastructure protection [4] Testing and Applications - The testing program for the IQ Square will include controlled trials and scenario-based exercises at a licensed UAV trial facility [2] - The drone is designed to enhance situational awareness during natural disasters and large public gatherings, and can deploy thermal imaging for search and rescue operations [3]
ZenaTech Announces the Acquisition of Lescure Engineers Inc. Expanding Drone as a Service (DaaS) to California’s Precision Agriculture and Viticulture Markets
Globenewswire· 2025-09-11 12:00
Core Insights - ZenaTech, Inc. has announced the acquisition of Lescure Engineers Inc., marking its first Drone as a Service (DaaS) acquisition in Northern California, which is a strategic move to enter a dynamic market for precision agriculture and land development [1][2][4] Company Overview - ZenaTech specializes in AI drones, DaaS, Enterprise SaaS, and Quantum Computing solutions, aiming to enhance operational efficiencies and cost savings across various sectors including agriculture, defense, and logistics [5][6] - The company has been expanding its DaaS business through acquisitions, with a goal of establishing 25 DaaS locations by mid-next year [4] Market Context - California's agricultural economy, which includes nearly 90% of US vineyard acreage, presents a significant opportunity for ZenaTech's AI-powered DaaS solutions, particularly in precision agriculture [3] - The acquisition of Lescure Engineers, which has expertise in civil engineering and land surveying, is expected to enhance ZenaTech's capabilities in providing sustainable and precise solutions for agriculture and viticulture [2][3] Strategic Goals - The acquisition is part of ZenaTech's broader strategy to innovate within the drone industry by integrating existing businesses that can benefit from drone technology, thereby creating a scalable, tech-enabled multiservice drone business [4]
ZenaTech Signs Offer to Acquire a Warehouse and Inventory Management Company with Established Long-Term US Defense Government Contracts, Accelerating DaaS Expansion on the East Coast
Globenewswire· 2025-09-09 12:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Southeast US-based warehouse and inventory management services company that serves the US Department of Defense, enhancing its capabilities in defense logistics and inventory management [1][2] - The acquisition aims to strengthen ZenaTech's Drone as a Service (DaaS) offerings and expand its relationships with US defense agencies, facilitating the delivery of advanced drone services [2][3] - ZenaTech has completed eight acquisitions towards its goal of establishing 25 DaaS locations by mid-2026, providing flexible access to drone services for business and government clients [3] Company Overview - ZenaTech specializes in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications [4] - The company has developed a range of drones, including the ZenaDrone 1000 for agriculture and defense, and the IQ Nano for indoor inventory management [5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its US DaaS business through acquisitions [4][5]
ZenaTech to Highlight Progress on Drone as a Service and US Defense Business at Multiple Upcoming Investor Conferences
Globenewswire· 2025-09-04 12:15
Company Overview - ZenaTech, Inc. is a business technology solution provider specializing in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions [6][7] - The company has been operational since 2017, focusing on software development and drone design to enhance customer processes in various sectors including law enforcement, health, government, and industrial applications [6][8] Upcoming Events - ZenaTech will participate in multiple investor conferences across the US and a European roadshow over the next two months, providing opportunities for presentations and one-on-one meetings with institutional investors [1] - Key events include the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, and the ArcStone-Kingswood Growth Summit 2025 [2] - The European Investor Roadshow will take place on September 18, 2025, in major German financial hubs, where ZenaTech's executives will discuss the company's growth strategy [3] Product and Service Development - The company is focusing on the rollout of its Drone as a Service business, advancements in commercial drone solutions, and developments in its US defense business [1] - ZenaDrone, a subsidiary of ZenaTech, specializes in autonomous drone solutions that integrate machine learning, AI, and Quantum Computing for various applications including agriculture and defense [8]
ZenaTech’s Zena AI Launches a Quantum Computing Initiative for US Defense and Homeland Security Drone Applications
Globenewswire· 2025-09-02 12:00
Core Insights - ZenaTech, Inc. is launching a new initiative called "Eagle Eye" through its defense-focused subsidiary, Zena AI Inc., which will integrate AI drones, historical and real-time data, and quantum computing to enhance decision-making and performance for US Defense and Homeland Security applications [1][2][3] Group 1: Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [6] - The company has been operational since 2017, leveraging software development expertise to innovate in drone design and manufacturing through its subsidiary, ZenaDrone [6] - ZenaDrone develops autonomous drone solutions that incorporate machine learning, AI, predictive modeling, and quantum computing for various applications, including agriculture and defense [8] Group 2: Initiative Details - The "Eagle Eye" initiative aims to provide predictive insights and optimize military logistics by combining real-time drone data with historical defense intelligence [3] - Zena AI Inc. was established to cater specifically to the US Defense community, focusing on advanced AI and quantum-powered solutions for mission-critical challenges [2][4] - The initiative is expected to enhance training and scenario planning through high-fidelity simulations, improving situational awareness for defense operators [3] Group 3: Technological Advancements - Quantum computing is highlighted as a transformative technology that can solve complex problems and process massive datasets at unprecedented speeds [5] - The integration of quantum technology with AI drone capabilities is anticipated to redefine defense operations, providing stronger security and better navigation even under attack [3][5] - The company plans to expand its development center and hire specialized engineers to enhance its capabilities in military and homeland security applications [4]
ZenaTech’s Spider Vision Sensors Expands Drone Component Manufacturing Capabilities Enabling Compliant Global Supply Chain for US Defense Customers
Globenewswire· 2025-08-28 13:40
Core Insights - ZenaTech, Inc. has announced the establishment of a new component parts manufacturing facility in Taiwan to enhance its supply chain for drones intended for US Defense and NATO [1][2] - The facility will be operated by ZenaTech's subsidiary, Spider Vision Sensors (SVS), and aims to reduce reliance on third-party suppliers while ensuring compliance with NDAA standards [1][2] - The new facility will manufacture critical components such as PCB boards, motors, cameras, and sensors, supporting the production of ZenaDrone models [2][3] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [4] - The company has been expanding its drone design and manufacturing capabilities since 2017, with applications in law enforcement, health, government, agriculture, defense, and logistics [4][5] - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate advanced technologies for various applications, including agriculture and defense [5] Facility Details - The Taiwan facility will occupy 16,000 square feet and is expected to be operational by the end of 2025, with a team of approximately 30-40 personnel [1][3] - The facility will support compliance with US and NATO standards, including Green and Blue UAS certifications, ensuring high-quality production [2] - Components manufactured in Taiwan will be assembled into drones at ZenaDrone's facilities in Arizona and Sharjah, UAE, maintaining operational control [2] Strategic Importance - The establishment of the Taiwan facility is seen as a pivotal milestone for ZenaTech, enhancing its ability to meet rising demand from the US Defense Department and NATO allies [2] - This investment is expected to strengthen supply chain resilience and operational efficiency, positioning ZenaTech as a leader in drone innovation [2]
ZenaTech Signs Offer to Acquire a UK Telecom Sector 3D Design & Modeling Company, Expanding Drone as a Service European Footprint
Globenewswire· 2025-08-26 12:15
Core Insights - ZenaTech, Inc. has signed an offer to acquire a UK-based 3D design and modeling company, marking its first expansion of Drone as a Service (DaaS) into the UK market [1][2] - The acquisition aims to enhance ZenaTech's strategic international footprint in Europe and create new opportunities in the telecommunications and infrastructure sectors [1][2] - The target company specializes in advanced 3D scanning, modeling, and design services for telecom infrastructure, which aligns with ZenaTech's focus on drone-enabled solutions [2][3] Company Strategy - ZenaTech's acquisition strategy focuses on modernizing traditional surveying and inspection businesses by integrating AI drone technology, which is expected to accelerate market adoption and expand the client base [3] - The company has completed eight acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible access to advanced drone services for various sectors [4] Market Context - The telecommunications sector is undergoing significant transformation with the modernization of 5G infrastructure, creating opportunities for drone-based solutions to enhance efficiency and safety [2] - ZenaTech's DaaS model eliminates the need for clients to invest in drone hardware and software, making it an attractive option for businesses and government clients [4][5]