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ZenaTech's Drone as a Service (DaaS) Offerings Expand to Bathymetric Surveys for Underwater Terrain Mapping for Commercial and Government Customers
ZenaTech, Inc.ZenaTech, Inc.(US:ZENA) GlobeNewswire News Roomยท2025-05-01 12:15

Core Insights - ZenaTech, Inc. has expanded its Drone as a Service (DaaS) offerings to include bathymetric surveys, which utilize drones equipped with sonar for underwater mapping, catering to both commercial and government clients [1][2][3] Company Developments - The acquisition of Wallace Surveying enhances ZenaTech's DaaS capabilities in South Florida, leveraging existing relationships and expertise in surveying [2][3] - CEO Shaun Passley highlighted the advantages of using drones for bathymetric surveys, including faster, safer, and more cost-effective data collection compared to traditional methods [3] Market Overview - The global Bathymetry Survey Sonar Market was valued at approximately $1.2 billion in 2023 and is projected to grow to $2.1 billion by 2032, with a compound annual growth rate (CAGR) of 6.2% [4] Business Model - ZenaTech's DaaS model allows customers to access various drone services without the need for purchasing or maintaining drones, thus reducing upfront costs and operational risks [5][6] - The model is designed to be scalable, enabling customers to adjust usage based on their business needs while providing access to advanced drone technology [6] Product Offerings - The DaaS business will utilize the ZenaDrone 1000 and the IQ series of multifunction autonomous drones for a range of applications, including land surveys and inspections [5]