Core Insights - ZenaTech, Inc. has signed an offer to acquire a Jacksonville-based land surveying and inspection firm, marking its second strategic acquisition in the area to penetrate the growing Florida government and aviation markets [1][2] - The acquisition aims to enhance ZenaTech's Drone as a Service (DaaS) offerings, leveraging advanced geospatial technology for critical infrastructure and land development projects [2][4] - Florida's state budget allocates over $345.4 million for aviation infrastructure in the 2025/26 budget, indicating strong demand for drone-enabled surveying and inspection services [3] Company Strategy - ZenaTech has completed 11 acquisitions towards its goal of establishing 25 DaaS locations by mid-2026, providing flexible on-demand access to drone-based services [4] - The DaaS model allows businesses and government customers to avoid capital costs associated with drone operations, thus promoting innovation in various sectors [4] - The company is focused on acquiring land survey engineering and other businesses that can benefit from drone technology, aiming to create a scalable, tech-enabled multiservice drone business [4] Market Opportunity - Jacksonville is identified as an underserved market for advanced drone-based surveying and inspection services, with significant opportunities arising from the region's expanding public-works initiatives [2] - The Florida aviation market is experiencing substantial growth, driven by investments in airport expansion and modernization, which increases the demand for drone services [2][3] - The combination of ZenaTech's recent acquisitions positions the company to capture a strong foothold in the Southeast US market for drone services [2][4]
ZenaTech Strengthens Drone as a Service (DaaS) Business for Government and Aviation Markets by Signing an Offer to Acquire a Second Jacksonville, Fla. Land Survey Firm