Drone as a Service
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ZenaTech Signs Offer to Acquire Utah Surveying Firm, Expanding Drone as a Service into the Solar Infrastructure Market
Globenewswire· 2025-11-20 13:15
Core Insights - ZenaTech has signed an offer to acquire a Utah-based commercial surveying and 3D mapping company, marking its strategic entry into the solar infrastructure market, which is rapidly expanding and presents new growth opportunities for advanced aerial data services [1][2] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, aiming to enhance operational efficiencies across various sectors [5] - The company has completed 12 acquisitions in the U.S. and aims to establish 25 DaaS locations by the end of Q2 2026, focusing on providing flexible drone services without the capital costs of ownership [4] Industry Context - The solar energy systems market in North America is growing at over 15% annually, with many developers still relying on manual surveying methods, indicating significant opportunities for drone-based automation to enhance efficiency and reduce costs [3]
ZenaTech Signs Offer to Acquire Colorado Land Surveying Firm, Expanding National Drone as a Service (DaaS) Business into a $36 Billion US Surveying and Mapping Market
Globenewswire· 2025-09-25 12:00
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, and is expanding its national presence through acquisitions [1][4] - The company has completed ten acquisitions and aims to establish 25 DaaS locations by mid-2026, providing flexible on-demand access to drone-based services [3] Acquisition Details - ZenaTech has signed an offer to acquire a Colorado-based land surveying firm, marking its first DaaS location in the Central West US region [1][2] - The acquired firm has a strong reputation in surveying services, which includes various types of land surveys and drone aerial topographic surveys across multiple Colorado counties [1][2] Market Insights - The US land surveying and mapping services market was valued at approximately USD 36.42 billion in 2024 and is projected to grow to USD 47.46 billion by 2033, indicating a strong demand for technology-enabled survey solutions [2] - Colorado's rapid population growth and increasing demand for infrastructure and renewable energy projects provide a robust platform for ZenaTech's expansion through its DaaS model [2] Strategic Vision - The CEO of ZenaTech emphasized the combination of traditional survey workflows with AI drone technology to enhance data capture speed and accuracy, aiming to modernize surveying processes and expand into other drone-based services [2] - The company plans to create new recurring revenue streams in a fast-growing market by integrating its technology into various applications, including utilities inspection and precision agriculture [2]