StockNews.AI
ZENA
StockNews.AI
3 hrs

ZenaTech Signs Offer to Acquire a Surveying Firm in the US West Expanding Drone as a Service Footprint to Serve Precision Agriculture, Ranching and Wildfire Management

1. ZenaTech to acquire a surveying firm in the Mountain West region. 2. Acquisition aims to enhance drone services for agriculture and land management. 3. Expanding DaaS will support construction, farming, and government sectors. 4. ZenaTech targets 25 DaaS locations by Q2 2026, 14 acquired so far. 5. Drone technology expected to transform land management efficiency and safety.

9m saved
Insight

FAQ

Why Bullish?

The acquisition strengthens ZenaTech's market position and revenue potential. Previous acquisitions have boosted growth and visibility, leading to positive market reactions.

How important is it?

The article outlines a strategic acquisition that directly influences ZenaTech’s growth. It highlights potential revenue streams and expanding market presence which are crucial for investor confidence.

Why Short Term?

Market impact expected soon due to immediate acquisition and operational enhancements. Recent trends show companies achieving rapid growth post-acquisition announcements.

Related Companies

ZenaTech Plans Strategic Acquisition to Boost Drone Services in Precision Agriculture and Wildfire Management

VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) has announced a significant development in its growth strategy. The company has signed an offer to acquire a surveying firm based in the Mountain West/Rocky Mountain region of the United States. This acquisition aims to enhance ZenaTech’s capacity to provide cutting-edge drone-enabled services in advanced land surveying, modern crop management, livestock management, wildfire management, and land stewardship.

Implications of the Acquisition for ZenaTech and the Industry

According to Shaun Passley, Ph.D., ZenaTech's CEO, the acquisition will expand their Drone as a Service (DaaS) footprint significantly, creating substantial opportunities for builders within the construction industry as well as farmers, ranchers, and government entities. Passley emphasized, “Drones are transforming how land is managed across this region by providing powerful solutions for rangeland and livestock monitoring, precision farming, wildfire detection and response, and large-scale environmental and forestry assessment.”

Details About the Surveying Firm

The prospective acquisition target offers a comprehensive range of surveying services, including:

  • Boundary Surveys
  • Topographic Surveys
  • Land Title Surveys
  • Construction Project Support

This firm's leadership team is licensed in multiple states, providing ZenaTech with regional expertise and established relationships within the Mountain West/Rocky Mountain jurisdictions.

Ongoing Growth Strategy of ZenaTech

Currently, ZenaTech has successfully completed 14 global surveying company acquisitions as part of its strategy to establish 25 DaaS locations by the end of the second quarter of 2026. The DaaS model is designed to offer business and government clients flexible access to drone services without the capital costs or operational burdens of ownership. This includes:

  • Surveying
  • Inspection
  • Maintenance
  • Power Washing
  • Inventory Management
  • Precision Agriculture

By acquiring established service providers in low-tech sectors, ZenaTech is building a global multi-service DaaS network anchored by existing customers and recurring revenue streams.

About ZenaTech and Its Subsidiary ZenaDrone

ZenaTech (Nasdaq: ZENA) specializes in innovative technologies in AI drones, DaaS, enterprise SaaS, and Quantum Computing solutions for mission-critical business applications. Since its inception in 2017, ZenaTech has enhanced its software capabilities and drone design through its subsidiary, ZenaDrone. This company has innovated customer processes for:

  • Inspection
  • Monitoring
  • Maintenance
  • Security
  • Compliance
  • Surveying

ZenaTech operates from multi-county locations in North America, Europe, Taiwan, and the UAE, continuously expanding its DaaS business through acquisitions.

Future Outlook

The strategic acquisition and ongoing growth in the drone industry position ZenaTech well for future opportunities. As ZenaTech continues to innovate, investors can expect enhanced operational efficiencies, precision, safety, and cost savings in the sectors it serves.

Contact Information

For additional information, please reach out to:

  • Linda Montgomery, ZenaTech, 312-241-1415, investors@zenatech.com
  • Michael Mason, CORE IR, investors@zenatech.com

Safe Harbor Statement

This announcement contains forward-looking statements that are subject to risks and uncertainties as outlined by U.S federal and Canadian securities laws. Such statements include ZenaTech’s expectations regarding its revenue, growth, operational performance, and other business opportunities. Actual results may differ materially based on various factors.

Related News