VANCOUVER, British Columbia, Dec. 23, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology business solutions company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces the acquisition of Vara 3D Inc., a well established Salt Lake City-area surveying and 3D mapping company. Vara 3D serves clients across Utah with a strong footprint in California’s solar energy ecosystem ...

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]

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]

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]