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ZenaTech’s Drone as a Service Announces Initiation of its Golf Course Survey Services Across Florida
Globenewswire· 2026-02-05 13:30
Core Insights - ZenaTech, Inc. is expanding its Drone as a Service (DaaS) platform by introducing specialized golf course survey and mapping services, starting in Florida with plans for broader U.S. expansion [1][2] - The company has successfully completed drone-enabled surveys for five championship-level golf courses, establishing a strong operational foundation for scaling this service [1][2] - ZenaTech's DaaS platform aims to provide clients with on-demand or subscription-based access to advanced drone services, enhancing efficiency and reducing operational burdens [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for commercial, government, and defense applications [4] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, and surveying processes, with a focus on operational efficiency and cost savings [4] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is actively growing its DaaS business through acquisitions [4] Service Offerings - The new golf course survey and maintenance service utilizes drone-captured data processed through specialized mapping software, providing faster and more accurate insights compared to traditional methods [2] - ZenaTech's DaaS platform includes a variety of services such as surveying, inspection, maintenance, and precision agriculture, aimed at both business and government clients [3] - The company is building a multi-service DaaS network by acquiring established service companies that are currently using low-tech processes, facilitating next-gen drone integration [3]
ZenaTech Signs Offer to Acquire a Second Virginia Based Land Surveying Firm, Strengthening Drone as a Service Access to Federal Government Opportunities within the D.C. Metro Area
Globenewswire· 2026-02-03 13:00
Core Insights - ZenaTech, Inc. has signed an offer to acquire a Virginia-based land surveying company, enhancing its Drone as a Service (DaaS) presence in the Washington, D.C. metro area [1][2] - The acquisition aims to expand opportunities for ZenaTech's DaaS solutions to federal government agencies, capitalizing on the growing demand for advanced drone technology services [2][3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications for commercial, government, and defense sectors [6] - The company has been leveraging its software development expertise since 2017 to innovate in inspection, monitoring, safety, security, compliance, and surveying processes [6] Acquisition Details - The Virginia-based surveying company provides a range of services across the D.C. area, catering to clients with complex regulatory and operational needs [4] - The integration of ZenaTech's drone technologies is expected to enhance applications such as real-time construction monitoring and improved infrastructure planning [4] Strategic Importance - The D.C. area is identified as a strategically important market for ZenaTech, with significant demand for drone-based solutions from federal agencies [2] - The acquisition is anticipated to deepen relationships with federal, state, and municipal agencies, supporting long-term infrastructure and modernization initiatives [2][3] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to various drone services, eliminating the need for capital costs associated with owning a fleet [5] - The company aims to build a global DaaS network by acquiring established service companies that are ready for drone innovation [5]
ZenaTech Closes Acquisition of Vara 3D, a Utah-Based Surveying and Mapping Firm Expanding Drone-as-a-Service to the High-Growth Solar Infrastructure Market
Globenewswire· 2025-12-23 13:00
Company Overview - ZenaTech, Inc. specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for critical business applications [5] - The company has been expanding its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [5][6] Acquisition Details - ZenaTech has acquired Vara 3D Inc., a surveying and 3D mapping company based in Salt Lake City, which serves clients in Utah and California's solar energy sector [1][2] - This acquisition aims to enhance ZenaTech's DaaS offerings and facilitate entry into the growing solar infrastructure market [1][2] Market Potential - The solar energy systems market in North America is experiencing growth of over 15% annually, presenting significant opportunities for drone-based automation in surveying and site assessment [3] - Many solar developers still rely on traditional methods, indicating a strong demand for innovative drone solutions to improve efficiency and reduce costs [3] Service Expansion - Following the acquisition, ZenaTech plans to expand its services to include drone-based solar panel inspection, maintenance, and washing [2] - ZenaTech's DaaS model provides clients with flexible access to drone services for various applications, including surveying, inspection, and maintenance, without the need for capital investment [4] Strategic Goals - The company aims to build a global, multi-service DaaS network by acquiring established service companies that are currently using low-tech processes, thus positioning itself for growth in the drone service market [4]
ZenaTech, Inc. (ZENA) Discusses Drone as a Service Expansion and Strategic Acquisitions Transcript
Seeking Alpha· 2025-12-12 02:12
Core Insights - ZenaTech operates in the drone and enterprise SaaS software sectors, having gone public on October 1, 2024, on the NASDAQ Exchange [3] - The company is expanding its business model to include "Drone as a Service," which facilitates access to drone-enabled land surveys and inspection services for businesses and government [3] Company Overview - ZenaTech is a global player in the emerging tech space, with its parent company based in Canada and its drone operations, ZenaDrone, located in the United States [3] - The company manufactures drones in three different locations worldwide [3] Business Development - The launch of the "Drone as a Service" model occurred at the beginning of the year and is identified as a growing area for the company [3]
ZenaTech Enters UK Market Closing Drone-as-a-Service Acquisition of Casado Design Ltd., Expanding to the Growing Telecom Tower Design and Infrastructure Sector
Globenewswire· 2025-12-09 12:45
Core Insights - ZenaTech, Inc. has acquired Casado Design Ltd., enhancing its Drone as a Service (DaaS) offerings in the UK and expanding into telecom infrastructure [1][2] - The acquisition aligns with the growing demand for advanced drone solutions in the telecom sector, particularly for 5G infrastructure modernization [2][3] - ZenaTech aims to leverage Casado's expertise in 3D modeling and scanning to provide safer, faster, and more cost-effective telecom infrastructure solutions [2][3] Company Overview - ZenaTech specializes in AI-driven drone solutions, DaaS, enterprise SaaS, and Quantum Computing, focusing on mission-critical business applications [5] - The company has been expanding its DaaS network through acquisitions, targeting established service companies ready for drone innovation [4][5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and serves various sectors including law enforcement, agriculture, and logistics [5] Industry Context - The UK telecom sector is undergoing significant transformation, driven by mergers like Vodafone–Three and substantial investments in 5G infrastructure [3] - There is a growing need for scalable, data-rich inspection and design workflows, making drone technology an attractive solution for telecom companies [3] - The trend of drone-enabled tower design and maintenance is also gaining traction across Europe, creating a favorable environment for drone-based services [3]
ZenaTech Reports Record 1,225% Year-Over-Year Revenue Growth in Q3, 2025 and 6X Growth for First Nine Months of Year as Drone as a Service Business Expansion Accelerates
Globenewswire· 2025-11-11 12:30
Core Insights - ZenaTech, Inc. reported a record revenue growth of 1,225% year-over-year for Q3 2025, achieving $4.35 million in revenue, driven by the success of its Drone as a Service segment and enterprise SaaS software [1][5][9] Financial Overview - Revenue for the first nine months of 2025 reached $7.73 million, a nearly 6X increase from $1.29 million in the same period of 2024 [5] - The Drone as a Service segment generated $3.57 million in revenue during Q3 2025, compared to zero in Q3 2024 [5] - The enterprise SaaS software segment revenue grew to $776,908, representing a 137% increase year-over-year [5] - Working capital increased to $23.6 million as of September 30, 2025, up from $3.4 million at the end of 2024 [5] - Total assets grew to $78.5 million at the end of Q3 2025, up from $34.65 million at the end of 2024 [6] Operational Highlights - The company completed four acquisitions of land survey engineering companies, expanding its Drone as a Service footprint to ten locations across the US [5][12] - A new manufacturing facility was established in Mesa, Arizona, for the production of drones for US defense agencies [12] - The company is focusing on R&D projects, including the development of specialized AI drone applications for the US military [12] Strategic Outlook - ZenaTech anticipates continued revenue and operational growth into 2026, driven by increasing demand for drone technology and software solutions [9] - The company aims to expand its Drone as a Service operations in the US and internationally, targeting a total of 25 acquisitions by mid-2026 [12] - There is a focus on building partnerships in various sectors, including utilities, construction, and government, to enhance drone service offerings [12]