Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [7] - The company has been operational since 2017 and has expanded its drone design and manufacturing capabilities through its subsidiary, ZenaDrone [7] Recent Acquisition - ZenaTech has completed its fifth US acquisition by acquiring Laventure & Associates, Inc., enhancing its expertise in the powerline inspection market [1][2] - Laventure & Associates, based in Fort Pierce, Florida, has over two decades of experience and a strong portfolio of repeat customers, particularly in multi-year power line inspections [1] Market Potential - The global drone power line inspection market was valued at approximately USD 26.66 billion in 2024 and is projected to grow to USD 323.8 billion by 2032, with a CAGR of 36.63% [3] - This growth presents significant opportunities for ZenaTech to expand its DaaS services portfolio [2] Service Capabilities - ZenaTech plans to integrate land surveying and inspection expertise with advanced drone capabilities to provide faster, safer, and more precise powerline inspections [4] - The DaaS model allows customers to access drone services without the need for upfront hardware costs, maintenance, or regulatory approvals, making it scalable based on business needs [6] Product Offerings - The DaaS business will utilize the ZenaDrone 1000 and the IQ series of multifunction autonomous drones for various applications, including land surveys, power line inspections, and inventory management [5] - The business model is designed to be accessible and cost-effective, similar to an Uber-like subscription service [5]
ZenaTech's National Drone as a Service (DaaS) Grows Through Closing a Fifth Acquisition, Adding Powerline Inspection Capabilities