ZenaTech's Strategic Acquisition to Enhance DaaS Solutions
ZenaTech's Strategic Expansion in Drone Services
VANCOUVER, British Columbia — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA), a leader in artificial intelligence-driven drone technology and Drone as a Service (DaaS), has made a significant move by signing an offer to acquire a land survey and civil engineering firm based in Virginia. This firm, known for its expertise in serving major federal government clients, operates across three states, further positioning ZenaTech as a key player in the Southeast region as it expands its service offerings to government and defense.
“This acquisition is a pivotal step for us as it aligns seamlessly with our goals to expand our DaaS operations and provide innovative drone solutions that support federal infrastructure projects,” stated Shaun Passley, Ph.D., CEO of ZenaTech. “Our aim is to enhance survey processes for the government sector, enhancing efficiency with drone technology that offers superior speed, accuracy, and data management capabilities.”
Strategic Benefits of the Acquisition
The land survey firm, established in 2010, specializes in a variety of services, including land surveying, civil engineering, and advanced 3D imaging. ZenaTech aims to capitalize on the firm’s established contracts with federal and state government agencies, allowing it to penetrate markets in Virginia, North Carolina, and South Carolina.
By incorporating the firm’s expertise and existing clientele into its DaaS framework, ZenaTech is not just broadening its geographical footprint but also accessing a wide array of government contracts that demand precision and rapid execution. This strategic expansion is anticipated to be an asset in meeting the growing demands for drone surveys and inspections.
The DaaS Advantage
ZenaTech’s DaaS model provides convenience for both commercial and governmental clients by removing the hurdles of drone ownership. Clients do not need to invest in hardware, manage pilots, or navigate regulatory challenges. Instead, they can scale their drone usage according to their needs, using ZenaTech’s innovative ZenaDrone series, which integrates multifunctional AI technology.
This not only saves costs but also allows users to focus on their core operations, while ZenaTech handles the complexities of drone management, thus streamlining processes in various sectors such as infrastructure, agriculture, and logistics.
Innovation and Future Prospects
With a fleet of advanced autonomous drones, ZenaTech is poised to revolutionize operational standards across industries. Their flagship products, such as the ZenaDrone 1000, IQ Nano, and IQ Square, cater to a diverse array of applications, including crop management, inventory tracking, and land surveys.
These drones are equipped not just for efficiency, but also incorporate cutting-edge technologies such as machine learning and quantum computing, ensuring that ZenaTech can deliver exceptional value in monitoring and inspecting critical infrastructure.
Company Overview
ZenaTech is dedicated to leveraging its technological advancements in AI and drone technology to foster operational efficiency. The company showcases a commitment to providing state-of-the-art solutions across various industries, including government, agriculture, and logistics.
Operating from several global offices, ZenaTech has established a robust partner network and continues to innovate its DaaS offerings. As the company grows, it remains focused on enhancing its capability to serve sectors where precision and efficiency are paramount.
Contacts for Inquiries
If you require additional information, please feel free to reach out:
Company, Investors, and Media Contact:
Linda Montgomery
ZenaTech
312-241-1415
Email: investors@zenatech.com
Frequently Asked Questions
What does the recent acquisition entail for ZenaTech?
The acquisition will enhance ZenaTech's Drone as a Service offerings and expand its reach into new markets with established federal contracts.
How will this acquisition benefit ZenaTech's clients?
Clients will experience improved efficiencies and faster project delivery thanks to advanced drone technology being integrated into surveying and inspection processes.
What industries does ZenaTech target with its drone technology?
ZenaTech serves various sectors, including government, defense, agriculture, and logistics, providing tailored drone solutions according to industry needs.
What are the innovative features of ZenaTech drones?
ZenaTech drones utilize AI, machine learning, and quantum computing to improve operations, data management, and overall effectiveness in various applications.
How can interested parties contact ZenaTech for more information?
For inquiries, individuals can reach Linda Montgomery at ZenaTech via phone at 312-241-1415 or via email at investors@zenatech.com.
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