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ZenaTech Signs Offer to Acquire Washington Land Surveying and Mapping Firm Expanding Drone as a Service (DaaS) in the Northwest Tapping into an $8.5 Billion US Market

1. ZenaTech has signed an acquisition offer for a land surveying firm. 2. Acquisition expands ZenaTech's DaaS presence in the Northwest U.S. 3. U.S. land surveying market projected to grow to $12.3 billion by 2033. 4. The acquisition supports ZenaTech's vision for AI-powered drone services. 5. Nine acquisitions completed, targeting 25 DaaS locations by mid-next year.

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FAQ

Why Bullish?

The acquisition indicates growth potential and aligns with market trends, similar to past successful expansions in tech-related firms, enhancing investor confidence.

How important is it?

The acquisition is pivotal for ZenaTech's transition into a prominent DaaS provider, reflecting its commitment to innovation in drone technology.

Why Long Term?

The established customer base of the acquired firm positions ZenaTech for sustained revenue growth and market relevance over several years, aligning with long-term strategic goals.

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DRONAIRCAIXI
VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that it has signed an offer to acquire a well-established land surveying and mapping firm located in the state of Washington with a history of customers and past project success spanning across both Washington and Idaho. “When closed, we anticipate this acquisition will give us another location in our rapidly expanding US Drone as a Service business, establishing a strong foothold in the Northwest and unlocking significant opportunity particularly in drone-based land and marine surveys,” said Shaun Passley, Ph.D., ZenaTech CEO. “This will also help strengthen our vision to deploy AI-powered drones across multiple traditional services including surveying, power washing, inspections, and precision agriculture, delivering incremental speed, precision, safety and efficiency.” According to a report by Verified Market Reports, the US land surveying services market was valued at approximately USD 8.5 billion in 2024 and is projected to reach 12.3 billion by 2033, reflecting strong and sustained demand for accurate, technology-enabled survey solutions. This proposed acquisition represents another step in ZenaTech’s DaaS expansion plan embedding AI-powered drone technology into critical survey workflows and data management, creating new opportunities for scalable recurring revenue. ZenaTech has now completed nine acquisitions toward its goal of acquiring and establishing 25 Drone-as-a-Service locations by mid-next year. The company’s DaaS model provides flexible, on-demand subscription or pay-per-use access to drone services for surveying, inspections, automation, and more, eliminating the need for business and government customers to have to invest in drone hardware and software, pilots, maintenance, or regulatory compliance. The company is acquiring land surveying and other businesses ripe for drone innovation, to advance its national vision for a scalable, tech-enabled multiservice drone business anchored by existing customers and recurring revenue.  About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology solutions company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing for mission-critical business and government applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, business and industrial sectors, and drones being implemented in these plus agriculture, defense, land survey and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its US DaaS business and network of locations through acquisitions. About ZenaDrone   ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures drone solutions for business and government, that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional AI drone solutions for industrial surveillance, monitoring, inspection, process automation, and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for land surveys and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors, and Media:Linda MontgomeryZenaTech312-241-1415investors@zenatech.com Investors:Michael MasonCORE IRinvestors@zenatech.com Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements.  Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech. 

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