ZenaTech Completes 20th Acquisition in Year One of Drone as a Service, Strengthening California Wildfire Management and Public Works Opportunities

Core Insights - ZenaTech, Inc. has completed its 20th acquisition by acquiring L.D. King, Inc., enhancing its drone solutions in wildfire-sensitive regions [1][2] - The company has successfully executed its Drone as a Service (DaaS) expansion strategy, establishing a global business network with thousands of commercial and government clients [1][2] - The global drone services market is projected to grow at over 36% annually, reaching $355 billion by 2032, presenting significant long-term opportunities for ZenaTech [2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for critical business applications [5] - The company has been acquiring established, profitable businesses to modernize them with drone innovation, aiming to create a scalable DaaS network [6] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS business through acquisitions [7] Acquisition Strategy - The acquisition of L.D. King, Inc. provides ZenaTech with deep relationships and a platform to deploy drone-enabled services for government and building developer clients [2][6] - The company aims to integrate AI-autonomous drone capabilities and certify field technicians as licensed drone pilots to enhance operational efficiency [6] - ZenaTech's DaaS platform offers on-demand or subscription-based access to various drone services, eliminating capital costs and operational burdens for clients [4] Market Position - ZenaTech is positioned as a first-to-market leader in the DaaS sector, with a focus on modernizing legacy processes across multiple industries [6] - The company has established a multi-service DaaS network, targeting sectors such as agriculture, defense, and logistics to drive operational efficiencies [7][8] - ZenaTech's drone solutions are designed for applications in industrial surveillance, monitoring, inspection, and process automation, contributing to significant cost savings for clients [8]