ZenaTech Expands Business with Key Acquisition in Arizona
ZenaTech Expands Business with Key Acquisition in Arizona
VANCOUVER, British Columbia -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA), renowned for its innovative AI drone solutions and Drone as a Service (DaaS), has recently marked an important milestone. The company has officially closed the acquisition of Putt Land Surveying, Inc., a well-established land surveying firm based in Tucson, Arizona. With over 40 years of experience and a solid client base that includes the City of Tucson and various public and private sectors, this acquisition plays a crucial role in advancing ZenaTech’s DaaS offerings across the state.
Significance of the Acquisition
According to CEO Shaun Passley, Ph.D., this acquisition is not just a transaction; it is a pivotal move that will significantly enhance growth in Phoenix. The addition of Putt Land Surveying allows the company to tap into repeat customers and foster expansion in drone-based, multi-industry survey and inspection services—all seamlessly integrated into a convenient DaaS model.
Enhancing Drone Services and Operations
Putt Land Surveying has built a robust reputation over four decades, providing professional surveying services throughout Cochise, Pima, Pinal, and Santa Cruz counties. With services ranging from boundary surveys to FEMA elevation certificates, its addition to ZenaTech's portfolio will undoubtedly enhance the quality and range of services offered to clients.
Building Capacity
With the recent acquisition in place, ZenaTech is actively increasing its DaaS capacity. A Registered Land Surveyor has already joined the team in Phoenix, and recruitment efforts are underway to bring in additional personnel for surveying, operations, and field support. The aim is to build a strong foundation that can support the increasing demand for drone surveying services across Arizona.
Growth Strategy and Future Projections
Currently, ZenaTech has successfully completed eleven acquisitions as part of its strategy to establish a total of 25 DaaS locations by mid-2026. This ambitious plan aims to provide both business and government customers with flexible access to drone services on a pay-per-use or subscription basis, eliminating hefty capital investment burdens associated with traditional survey techniques.
Diverse Applications of DaaS
The DaaS model that ZenaTech provides allows clients to leverage the advantages of drone technology without the need for significant investments in personnel, certifications, and equipment. This approach not only increases safety and precision but also enhances speed and efficiency for various applications, including surveying, inspection, maintenance, and more.
About ZenaTech and ZenaDrone
ZenaTech, listed on the Nasdaq as ZENA, is at the forefront of technological innovation, specializing in AI-driven solutions that cater to mission-critical business and government applications. Through its subsidiary, ZenaDrone, the company develops advanced drone solutions that integrate cutting-edge technologies such as machine learning, AI, and Quantum Computing. ZenaTech is committed to revolutionizing industries with its versatile drone applications—from agriculture to defense—while also expanding its operational framework globally.
Moving Forward
The ongoing efforts to grow ZenaTech's DaaS business through strategic acquisitions highlight the company's dedication to transforming traditional service industries. With a clear roadmap and expansive vision, ZenaTech aims to solidify its position as a leader in the drone technology sector, ensuring its services meet the evolving needs of clients across various fields.
Frequently Asked Questions
What is the significance of ZenaTech's acquisition of Putt Land Surveying?
This acquisition enhances ZenaTech's DaaS capabilities and expands its service offerings across Arizona, building on existing client relationships.
How does ZenaTech’s DaaS model benefit businesses?
The DaaS model provides flexible, on-demand access to drone services, eliminating the need for large capital investments in equipment and personnel.
What types of services does Putt Land Surveying provide?
Putt Land Surveying specializes in various services, including boundary surveys, construction staking, and FEMA elevation certificates.
How many DaaS locations does ZenaTech plan to establish?
ZenaTech aims to open a total of 25 DaaS locations by the end of Q2, 2026, furthering its reach and technological offerings.
What industries benefit from ZenaTech's drone solutions?
Industries such as agriculture, defense, logistics, and many commercial sectors benefit from ZenaTech's versatile drone applications for inspection and surveying.
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