Drone as a Service (DaaS)
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ZenaTech Wins the Morrissey Goodale 2026 Most Prolific and Proficient Acquirer Award for Growing its Drone as a Service Network
Globenewswire· 2026-02-24 12:30
Core Insights - ZenaTech, Inc. has been awarded the 2026 Most Prolific and Proficient Acquirer Award for its aggressive acquisition strategy, having acquired 18 US firms in the architecture and engineering sector as part of 20 global DaaS acquisitions in 2025 [1][2] Group 1: Acquisition Strategy - The award recognizes ZenaTech's disciplined deal execution and strategic growth in industry consolidation [2] - The company aims to create value by acquiring established land survey companies and integrating drone technology into their operations, which allows for immediate cash flow and improved efficiency [2][3] - ZenaTech's strategy combines industry roll-up opportunities with vertical integration, transitioning traditional surveying into higher-value, recurring Drone as a Service revenue streams [2] Group 2: Business Model and Services - ZenaTech's Drone as a Service platform offers on-demand or subscription-based access to drone services for various applications, eliminating capital costs and operational burdens for clients [3] - The company is building a global DaaS network by acquiring profitable service companies that are currently using low-tech processes, thus facilitating drone innovation [3] - ZenaTech's portfolio includes solutions for inspection, monitoring, safety, security, compliance, and surveying, aimed at driving speed, accuracy, and cost savings [4] Group 3: Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for critical applications across business, government, and defense sectors [4] - The company has been expanding its drone design and manufacturing capabilities through its subsidiary, ZenaDrone, since 2017 [5] - ZenaDrone develops autonomous drone solutions that incorporate advanced technologies such as machine learning, AI, and Quantum Computing for various applications including agriculture and defense [5]
ZenaTech (ZENA) Expands Drone‑Powered Surveying Services
Yahoo Finance· 2026-02-12 16:20
Core Viewpoint - ZenaTech, Inc. is positioning itself as a leading player in the AI-driven drone surveying market by integrating drone technology into its land surveying services, targeting national homebuilders and aiming to significantly reduce survey turnaround times [1][2]. Group 1: Technology Integration - ZenaTech has integrated drone technology into its land surveying services, leveraging its Drone as a Service (DaaS) platform to enhance permit-ready survey delivery [1]. - The initiative aims to reduce typical survey turnaround times from up to 10 days to three days or less, addressing a critical bottleneck in residential construction [2]. Group 2: Expansion Plans - The company plans to expand its DaaS offerings through the acquisition of Cardinal Civil Resources, a land surveying firm, which will enhance its capabilities in various surveying tasks [3]. - ZenaTech has signed an offer to acquire a Virginia-based land surveying company, which has an established customer base in the Washington, D.C. metro area, further strengthening its market presence [3][4]. Group 3: Market Position - ZenaTech is a Canada-based technology company specializing in AI-powered drones, enterprise SaaS platforms, and quantum computing solutions, with its DaaS model supporting applications in defense, land surveying, and public safety [5].
ZenaTech's Drone as a Service Opens the 23rd Global Location in Orlando, Fla. to Focus on Government Agencies
Globenewswire· 2026-02-12 13:15
Core Viewpoint - ZenaTech, Inc. has opened its 23rd global Drone as a Service (DaaS) location in Orlando, Florida, aimed at enhancing its service offerings to government and defense sectors [1][2]. Group 1: Company Expansion and Strategy - The new DaaS location in Orlando is strategically positioned to leverage Florida's infrastructure and defense-related activities, facilitating engagement with federal, state, and local government opportunities [2]. - The Orlando hub will focus on building relationships with various government agencies, including defense installations and energy infrastructure projects, thereby expanding ZenaTech's public sector presence [2][4]. - The company plans to utilize the Orlando hub for traditional survey methods initially while integrating drone technology and obtaining necessary certifications for advanced applications [4]. Group 2: Operational Details - The Orlando DaaS location will be staffed by a ten-person team, including pilots and survey technicians, with full operations expected to commence by early April [3]. - The DaaS platform is designed to provide clients with on-demand or subscription-based access to drone services for various applications, eliminating the need for capital investment in drone ownership [5]. Group 3: Technological Capabilities - ZenaTech specializes in AI drone technology, enterprise SaaS, and Quantum Computing solutions, aiming to improve operational efficiencies and cost savings for clients in multiple sectors, including government and defense [6]. - The company is focused on acquiring established service companies to build a global DaaS network, enhancing its capabilities for next-generation drone integration [5][6].
ZenaTech’s Drone as a Service Opens the 23rd Global Location in Orlando, Fla. to Focus on Government Agencies
Globenewswire· 2026-02-12 13:15
Core Insights - ZenaTech, Inc. has opened a new Drone as a Service (DaaS) location in Orlando, marking its 23rd global DaaS site, aimed at serving high-value government and defense customers with surveying and mapping services [1][2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for business, government, and defense applications [6] - The company has been expanding its capabilities since 2017, focusing on software development and drone design to enhance operational efficiencies and cost savings for clients [6] Strategic Importance - Florida is identified as a key state for DaaS due to its robust infrastructure and defense-related activities, which positions ZenaTech to pursue government opportunities effectively [2] - The Orlando DaaS hub will facilitate relationships with various government agencies, including defense installations and energy infrastructure projects [2] Operational Details - The Orlando DaaS location will be staffed by a ten-person team, including pilots and survey technicians, with full operations expected to commence by early April [3] - Initially, the hub will utilize traditional survey methods while integrating drone technology and obtaining necessary certifications for drone applications in defense and infrastructure projects [4] Service Offerings - ZenaTech's DaaS platform provides clients with on-demand or subscription-based access to drone services for various applications, including surveying, inspection, and precision agriculture, without the burden of ownership costs [5] - The company aims to build a global DaaS network through acquisitions of established service companies that are ready for drone innovation [5]
ZenaTech's Drone as a Service Expands Builder Services Capability Delivering Drone-Driven Speed and Precision to Surveying for Homebuilders
Globenewswire· 2026-02-10 13:30
Core Insights - ZenaTech, Inc. integrates drone-based workflows into land surveying services for national homebuilders, enhancing speed, precision, and reliability in obtaining permits [1][3] - The company aims to reduce survey turnaround time from 10 days to 3 days or less through the incorporation of Drone as a Service and standardized processes from its acquired firm, Cardinal Civil Resources [2][3] Company Overview - ZenaTech specializes in AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical applications across various sectors [6] - The company has expanded its capabilities through acquisitions, including Cardinal Civil Resources, which has a strong history of serving major U.S. homebuilders [5][6] Market Context - The U.S. homebuilding market is valued at over $1 trillion, driven by increasing demand for new homes and the need for efficient construction processes [3] - Delays in paperwork are significant challenges for residential builders, and ZenaTech's solutions aim to streamline the permitting process, thereby reducing construction cycle delays [3] Service Offerings - ZenaTech's Drone as a Service includes essential surveying tasks such as topography, plot plans, boundary validation, zoning compliance, and jurisdiction-specific formatting [3] - The integration of drones and proprietary software is designed to enhance operational efficiencies and reduce costs in the homebuilding sector [6] Upcoming Events - ZenaTech's Drone as a Service will showcase its innovations at the 2026 International Builders' Show (IBS) in Orlando, Florida, from February 17–19 [4]
Generational Group Advises VARA 3D, Inc. in its Sale to ZenaTech, Inc.
Businesswire· 2026-01-27 16:29
Core Insights - The acquisition of VARA 3D, Inc. by ZenaTech, Inc. was completed on December 16, 2025, marking a strategic expansion for ZenaTech into the solar energy sector [1][5]. Company Overview - VARA 3D, Inc., based in Murray, Utah, specializes in land surveying, 3D mapping, and solar energy projects, serving a diverse range of recurring clients [2]. - ZenaTech, Inc., headquartered in Toronto, Canada, focuses on AI drone technology, Drone as a Service (DaaS), and Quantum Computing solutions, with a strong presence in various sectors including law enforcement, government, and agriculture [3]. Strategic Implications - The acquisition is expected to enhance ZenaTech's service capabilities and accelerate its entry into a high-growth market, particularly in solar infrastructure inspection and maintenance [5]. - ZenaTech's CEO highlighted the efficiency gains from using drones for solar farm inspections, which can significantly reduce the time required for monitoring large areas [5]. Generational Group's Role - Generational Group acted as the M&A advisory firm for this transaction, successfully closing the deal with a team led by Lori Galloway and supported by other key executives [4]. - Generational Group has a strong track record, having closed over 1,800 transactions and being recognized as a leading M&A advisory firm in recent years [6][7].
ZenaTech to Provide an Update on its Global Drone as a Service Expansion and Defense Sector Progress at Three Upcoming Investor Conferences
Globenewswire· 2026-01-15 12:45
Core Insights - ZenaTech, Inc. has been invited to present at three upcoming investor conferences, highlighting its focus on AI drone technology, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions [1][4] - The company aims to update investors on its global DaaS expansion and progress in the defense sector, along with key industry and regulatory trends that support its business growth [1] Conference Details - The Emerging Growth Conference will take place virtually on January 21-22, 2026, connecting growth-oriented public companies with institutional and individual investors [2] - The DealFlow Discovery Conference is scheduled for January 27-29, 2026, at the Borgata Hotel Casino & Spa in Atlantic City, New Jersey, focusing on structured presentations and one-on-one meetings with institutional investors [2] - The Noble Capital Markets Emerging Growth Virtual Equity Conference will occur on February 5, 2026, providing public companies with direct access to institutional and accredited investors [3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for mission-critical applications, with a focus on improving operational efficiencies across various sectors [4] - The company has developed a range of drone solutions through its subsidiary, ZenaDrone, which includes the ZenaDrone 1000 for crop management and defense applications, and the IQ Nano for inventory management and security [5] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business through acquisitions [4]
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
Globenewswire· 2026-01-13 12:30
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 Completes 20th Acquisition in Year One of Drone as a Service, Strengthening California Wildfire Management and Public Works Opportunities
Globenewswire· 2026-01-08 12:30
Core Insights - ZenaTech, Inc. has completed its 20th acquisition by acquiring L.D. King, Inc., enhancing its drone solutions in wildfire-sensitive regions [1][2] - The company has successfully executed its Drone as a Service (DaaS) expansion strategy, establishing a global business network with thousands of commercial and government clients [1][2] - The global drone services market is projected to grow at over 36% annually, reaching $355 billion by 2032, presenting significant long-term opportunities for ZenaTech [2] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions for critical business applications [5] - The company has been acquiring established, profitable businesses to modernize them with drone innovation, aiming to create a scalable DaaS network [6] - ZenaTech operates globally with offices in North America, Europe, Taiwan, and the UAE, focusing on expanding its DaaS business through acquisitions [7] Acquisition Strategy - The acquisition of L.D. King, Inc. provides ZenaTech with deep relationships and a platform to deploy drone-enabled services for government and building developer clients [2][6] - The company aims to integrate AI-autonomous drone capabilities and certify field technicians as licensed drone pilots to enhance operational efficiency [6] - ZenaTech's DaaS platform offers on-demand or subscription-based access to various drone services, eliminating capital costs and operational burdens for clients [4] Market Position - ZenaTech is positioned as a first-to-market leader in the DaaS sector, with a focus on modernizing legacy processes across multiple industries [6] - The company has established a multi-service DaaS network, targeting sectors such as agriculture, defense, and logistics to drive operational efficiencies [7][8] - ZenaTech's drone solutions are designed for applications in industrial surveillance, monitoring, inspection, and process automation, contributing to significant cost savings for clients [8]
ZenaTech Expands Drone as a Service to Australia with Offer to Acquire a Survey Firm Serving Government and Natural Resources and Commercial Sectors
Globenewswire· 2025-12-04 12:30
Core Insights - ZenaTech, Inc. has signed an offer to acquire a well-established surveying and spatial services firm in Queensland, Australia, marking its first entry into the Australian market and supporting its global expansion strategy [1][2] - The acquisition aligns with ZenaTech's long-term vision for expanding its Drone as a Service (DaaS) platform in the Asia-Pacific region, particularly in the mining and industrial sectors [2][3] Company Overview - ZenaTech specializes in AI drone technology, DaaS, enterprise SaaS, and Quantum Computing solutions, focusing on mission-critical business applications [5] - The company has been operational since 2017 and has developed a portfolio that enhances operational efficiencies and cost savings across various sectors, including law enforcement, health, government, and industrial applications [5] Acquisition Details - The target firm is recognized for its high-quality outcomes in public and private sector projects and has advanced capabilities in drone-enabled survey workflows, LiDAR, and mobile mapping [2][3] - This acquisition will enable ZenaTech to extend its DaaS offerings into the natural resources sector, integrating advanced spatial capabilities with its drone solutions [3] Strategic Implications - The acquisition is expected to provide ZenaTech with a strategic entry point into the APAC region, allowing it to deliver advanced drone-enabled solutions to government and commercial clients [2] - By acquiring established service companies, ZenaTech aims to build a global, multi-service DaaS network that leverages existing customer bases and generates recurring revenue [4]