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]
ZenaTech Signs Offer to Acquire a UK Telecom Sector 3D Design & Modeling Company, Expanding Drone as a Service European Footprint