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ZenaTech Acquires Cardinal Civil Resources, a Virginia-Based Land Surveying and Engineering Firm Serving Three States and Large Customers Including US Department of Transportation
GlobeNewswire News Room· 2025-08-07 12:30
Core Viewpoint - ZenaTech, Inc. has completed its eighth and largest acquisition of Cardinal Civil Resources, enhancing its Drone as a Service (DaaS) capabilities and expanding its footprint in the Southeast region of the United States, aligning with new regulatory changes in the drone industry [1][4]. Company Overview - ZenaTech specializes in AI-powered drones, DaaS, Enterprise SaaS, and Quantum Computing solutions, aiming to innovate and improve operational efficiencies in various sectors [6][9]. - The company has established a goal of acquiring and establishing 25 DaaS locations nationwide by mid-next year, having completed eight acquisitions to date [5]. Acquisition Details - The acquisition of Cardinal Civil Resources, a reputable land surveying and engineering firm, strengthens ZenaTech's relationships with major clients, including the US Department of Transportation [1][2]. - Cardinal Civil Resources has a strong portfolio, serving federal and state agencies, municipalities, and prominent commercial clients, which enhances ZenaTech's market position [2][7]. Strategic Timing - The acquisition coincides with the proposed BVLOS (Beyond Visual Line of Sight) rule by US Transportation Secretary Sean Duffy, which aims to streamline drone operations and expand their commercial use [4][5]. - This regulatory change is expected to unlock wider drone applications for government land and road projects, positioning ZenaTech favorably in the market [4]. Market Positioning - ZenaTech's DaaS model offers flexible, on-demand access to drone services, eliminating the need for customers to invest in drone hardware and software, thereby creating recurring revenue opportunities [5][8]. - The company is focused on acquiring land survey engineering firms and other innovative businesses to enhance its scalable, tech-enabled multiservice drone operations [5].
Safe Pro to Capitalize on Landmark Proposed FAA Rules Normalizing Drone Operations Utilizing Beyond Visual Line of Sight with Expanded AI-Powered Drone Services
Globenewswire· 2025-08-06 12:07
Core Insights - The FAA's proposed rules for normalizing Beyond Visual Line of Sight (BVLOS) operations are expected to significantly enhance the deployment of drone applications across various sectors, particularly benefiting Safe Pro Group Inc. and its AI technology [1][5]. Company Overview - Safe Pro Group Inc. is a leader in AI-powered defense and security solutions, focusing on enhancing situational awareness and critical information access for customers in defense, humanitarian aid, law enforcement, and commercial markets [4][9]. - The company operates a fleet of advanced drone platforms for both routine operations and disaster response, positioning itself as a key player in climate resilience and emergency management [6]. Industry Impact - The normalization of BVLOS operations is projected to unlock transformative drone applications in sectors such as agriculture, energy, public safety, emergency response, infrastructure inspection, and logistics [3][5]. - The drone services market was valued at approximately $8.66 billion in 2025 and is anticipated to grow at a CAGR of 14.3%, reaching around $32.96 billion by 2035 [3]. Technological Advancements - Safe Pro's patented AI-powered computer vision technology is capable of rapidly analyzing drone imagery to detect small objects, with proven applications in identifying landmines and unexploded ordnance [7]. - The company’s Safe Pro Object Threat Detection (SPOTD) technology has been battle-tested in Ukraine, analyzing over 1.66 million drone images and identifying more than 28,000 threats across a significant area [7]. Future Prospects - The proposed FAA rules aim to provide greater operational flexibility for drone operators and manufacturers, which is expected to drive rapid growth in the drone services sector and support the development of new AI-powered drone services [5][6].
ZenaTech Closes a Seventh Drone as a Service (DaaS) Acquisition in North Carolina Expanding its Southeast Region and Government Opportunities
Globenewswire· 2025-08-05 12:15
Core Insights - ZenaTech, Inc. has completed its seventh acquisition in the Drone as a Service (DaaS) sector by acquiring Morgan Surveying, Inc., enhancing its presence in the Southeast region of the U.S. [1][2] - The acquisition aims to strengthen ZenaTech's operations and expand its expertise in government opportunities, particularly at various governmental levels [2][3] - ZenaTech's goal is to establish 25 DaaS locations nationwide by mid-next year, with a focus on providing flexible, on-demand drone services [3] Company Overview - ZenaTech specializes in AI-powered drones, DaaS, enterprise SaaS, and Quantum Computing solutions, targeting mission-critical business applications [4] - The company has been innovating in drone design and manufacturing since 2017, focusing on improving operational efficiencies across various sectors including agriculture, defense, and logistics [4][5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its DaaS business in the U.S. [4] Acquisition Details - Morgan Surveying offers a comprehensive range of land surveying services and has a strong portfolio of municipal, county, and private sector clients, making it a strategic fit for ZenaTech's DaaS platform [2][3] - The acquisition supports ZenaTech's mission to deliver precise and scalable drone-powered insights across multiple industries, from construction to conservation [2][3] Future Plans - ZenaTech is focused on acquiring land survey engineering companies and other businesses that are ripe for innovation to advance its vision for a scalable, tech-enabled multiservice drone business [3] - The DaaS model eliminates the need for customers to invest in drone hardware and software, pilots, maintenance, or regulatory compliance, thereby providing a cost-effective solution [3]
Volatus Aerospace Supports J.D. Irving, Limited’s Vision for Drone-Powered Tree Planting in New Brunswick
Globenewswire· 2025-06-23 13:05
Core Viewpoint - Volatus Aerospace Corp. has entered a strategic collaboration with J.D. Irving, Limited to enhance tree planting operations in New Brunswick using advanced drone technology, aiming to improve efficiency and environmental impact in forestry management [1][3]. Company Overview - Volatus Aerospace is a leading provider of integrated aerial intelligence and logistics solutions, serving various industries including public safety, healthcare, energy, agriculture, and environmental management [6]. - J.D. Irving, Limited is a private, family-owned company with a strong commitment to sustainable forestry practices, having planted over 1.1 billion trees since 1957 and being one of North America's largest private landowners [9]. Project Details - The collaboration will utilize a heavy-lift Remotely Piloted Aircraft System (RPAS) to transport seedlings and supplies to planting crews in remote areas, coordinated from Volatus' Operations Control Centre in Vaughan, Ontario [2][8]. - The project aims to address the need for over 5.3 billion seedlings to restore 15% of forests damaged by recent wildfires, highlighting the growing demand for tree planting services [3]. Market Potential - The global tree planting services market is projected to grow from $7.2 billion in 2023 to $12.5 billion by 2031, positioning Canada and drone logistics technologies as key players in this expansion [3]. Technological Innovation - Drone-based seedling delivery offers a scalable and low-cost solution for tree planting, leveraging AI, automation, and remote sensing to minimize environmental impact while enhancing operational efficiency [4].
Volatus Aerospace Announces Broad National Expansion of Drone Operating Authorities Across Canada, Unlocking Scalable, High-Value Aerial Operations
Globenewswire· 2025-05-27 10:30
Core Viewpoint - Volatus Aerospace Inc. has received expanded Special Flight Operations Certificates (SFOC) from Transport Canada, significantly enhancing its commercial drone operations across Canada, allowing for more flexible and scalable services [1][2][10]. Expanded Nationwide Drone Operating Authorities - The newly amended SFOC allows for Canada-wide BVLOS (Beyond Visual Line of Sight) operations for small drones (250g to 25kg) both day and night in uncontrolled airspace, expanding previous nighttime BVLOS authority [2][10]. Proximity Flight Near Infrastructure - Volatus is now permitted to operate RPAS beyond visual line-of-sight within 100 feet vertically and 200 feet horizontally of structures, facilitating close-proximity inspections and surveillance [3][10]. Access to Restricted and Controlled Airspace - The company has gained approval to operate within Class F restricted airspace and NOTAM-defined zones, enabling operations in complex environments [4][10]. Operations in Northern Domestic Airspace - Clearance for BVLOS drone operations at altitudes up to 400 feet AGL in Northern Domestic Airspace supports various missions, including environmental monitoring and cargo delivery [5][10]. BVLOS Operations Without Visual Observers - Specific authorization allows for BVLOS operations without the need for a pilot or observer to maintain visual contact, utilizing accepted detect-and-avoid technologies [6][10]. Support for Remote and Automated Systems - The new regulations enable integration with automated drone operations, including drone-in-a-box solutions, enhancing scalability and commercial viability [7][10]. Regulatory Momentum with Commercial Impact - The expanded BVLOS capabilities and heavy-lift operations position Volatus to serve critical sectors such as cargo logistics, energy monitoring, and public safety, including wildfire response [8][9][10]. Leadership Position in Drone Economy - Volatus is among a select group of operators authorized to conduct complex drone operations at the highest safety assurance level (SAIL 4), allowing for safe and compliant services in critical sectors [11][12]. Building on a Growing Portfolio of Regulatory Approvals - The new authorizations build on previous BVLOS authorities, creating a robust regulatory framework that positions Volatus as a leader in scalable drone services in Canada [10][12]. About Volatus Aerospace - Volatus Aerospace specializes in innovative aerial solutions for intelligence and cargo, serving various industries including healthcare, utilities, and public safety, with a focus on enhancing operational efficiency and safety [13][14].