Core Insights - ZenaTech, Inc. has signed an offer to acquire a Florida-based power washing company, expanding its footprint in the Drone as a Service (DaaS) market [1][2] - The power washing sector is experiencing significant growth, with an annual growth rate of nearly 17%, and the global drone power washing market is projected to grow from approximately USD 4.36 billion in 2023 to USD 13.2 billion by 2030 [2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [4] - The company has been operational since 2017, leveraging software development and drone design capabilities to enhance inspection, monitoring, and maintenance processes across various sectors [4] Business Strategy - The acquisition of established service companies allows ZenaTech to innovate within traditional, labor-intensive industries, transforming them into technology-driven businesses with improved margins and differentiation [2][3] - ZenaTech's DaaS platform offers clients on-demand access to drone services for various applications, eliminating the capital costs and operational burdens associated with ownership [3] Market Potential - The drone cleaning services market, which includes drone power washing, is part of a broader category expected to see substantial growth, indicating a strong market opportunity for ZenaTech's expansion strategy [2] - The integration of drone technology in power washing services is expected to enhance safety, efficiency, and sustainability, aligning with rising industry standards [2]
ZenaTech Signs Offer to Acquire a Power Washing Company with Multiple Locations Across Two States, Expanding Drone as a Service Capabilities in a Sector Growing at 17% Annually