ZenaTech Completes 20th Acquisition, Enhancing Drone Solutions for Wildfire Management
Date: January 08, 2026 | Source: GlobeNewsWire
Overview of the Acquisition
VANCOUVER, British Columbia – ZenaTech, Inc. (Nasdaq: ZENA) has successfully completed its 20th acquisition, welcoming L.D. King, Inc., a civil engineering and land surveying firm located in the Los Angeles area. This strategic acquisition positions ZenaTech to enhance its drone solutions, particularly in the wildfire-sensitive regions of California. The announcement reflects the company's commitment to executing a robust Drone as a Service (DaaS) expansion strategy that has evolved over its first year in the sector.
Strategic Implications of the Acquisition
Since beginning this initiative in January 2025, ZenaTech has successfully established an extensive business network, comprising thousands of commercial and government client relationships. The CEO of ZenaTech, Shaun Passley, Ph.D., commented on the milestone, stating, "We have exceeded our first-year objectives for Drone as a Service, underscoring both the pace and discipline with which we are scaling our roll-up strategy."
This acquisition not only contributes to ZenaTech's growth but also taps into the burgeoning global drone services market, anticipated to grow at over 36% annually, reaching $355 billion by 2032, per Pragma Market Research.
About L.D. King, Inc.
Founded in 1965, L.D. King, Inc. boasts over six decades of experience in Southern California, known for its high-quality services across public works, commercial, and residential projects. This firm's extensive history provides ZenaTech with a solid foundation to deploy drone-enabled services to both government and development clients.
Building Momentum for Drone as a Service Growth
ZenaTech has established itself as a leader in the Drone as a Service market through a series of strategic acquisitions. Their focus on modernizing legacy processes with drone technology positions the company for long-term success. Key aspects of their growth strategy include:
- Acquisition of established, profitable businesses operating with outdated processes.
- Integration of AI-autonomous drone capabilities to enhance service offerings.
- Reducing operational costs and labor intensity through training field technicians as licensed drone pilots.
- Expanding service lines to include data analysis, maintenance automation, and wildfire management.
The company aims to grow margins and further bolster its customer base, having reached its target of 20 acquisitions ahead of schedule.
Looking Ahead
ZenaTech’s Drone as a Service platform provides clients with convenient access to various drone-based services, including surveying, inspection, and maintenance. By eliminating the capital expenses associated with drone ownership, ZenaTech aims to create a scalable and efficient service model that supports next-generation drone capabilities.
About ZenaTech
ZenaTech (Nasdaq: ZENA) specializes in AI-driven drones, DaaS, enterprise SaaS, and Quantum Computing solutions. With a focus on enhancing operational efficiencies in sectors such as law enforcement, agriculture, and logistics, ZenaTech strives to innovate customer service processes. Their office network spans North America, Europe, Taiwan, and the UAE, fueled by a relentless pursuit of growth through acquisitions.