ZenaTech Expands AI-Powered Drone Services with Strategic Acquisition in Florida

ZenaTech's Strategic Expansion in the Drone Service Market

ZenaTech, Inc. (NASDAQ: ZENA), a technology company specializing in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, has announced a significant move to expand its presence in the US Southeast market. The company has extended an offer to acquire a well-established Florida land survey engineering firm, which would serve as a bolt-on to another recently acquired land survey company 1

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Strengthening Regional Presence and DaaS Offerings

This strategic acquisition, if successful, would mark ZenaTech's fourth acquisition in the Southeast region and fifth nationally. The move is aimed at strengthening the company's Drone as a Service (DaaS) presence in the high-growth Florida market. Shaun Passley, Ph.D., CEO of ZenaTech, emphasized the importance of this acquisition in delivering faster and more precise drone-powered surveys to construction, real estate, and government customers 1

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Revolutionizing Land Surveys with AI-Powered Drones

ZenaTech's expansion comes at a time when the global drone survey market is experiencing significant growth, with an annual rate exceeding 19%. The company plans to leverage this growth by building a scalable, recurring revenue business model 1

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. ZenaTech's drone technology is revolutionizing the land survey industry by utilizing remotely piloted drones equipped with advanced sensors, cameras, LiDAR, and GPS systems. This technology allows for the gathering of high-resolution data across expansive terrains in hours, compared to weeks or months using traditional methods 2

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The DaaS Business Model

ZenaTech's Drone as a Service (DaaS) model operates similarly to Software as a Service (SaaS), offering drone technology solutions on a subscription or pay-per-use basis. This model provides several benefits to customers:

1. Reduced upfront costs: No need to purchase expensive drone hardware and software
2. Convenience: ZenaTech manages drone pilots, regulatory certifications, maintenance, and operations
3. Scalability: Customers can adjust usage based on their needs
4. Access to advanced technology: Customers benefit from the latest drone innovations without direct investment 1

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ZenaTech's Diverse Portfolio and Global Presence

ZenaTech's solutions extend beyond land surveys, with applications in various sectors including law enforcement, health, government, agriculture, defense, and logistics. The company operates through seven global offices across North America, Europe, Taiwan, and UAE, and is actively growing its DaaS business model and global partner network 1

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ZenaDrone: Advancing Autonomous Drone Solutions

ZenaDrone, a wholly-owned subsidiary of ZenaTech, is at the forefront of developing autonomous business drone solutions. These drones incorporate advanced technologies such as machine learning, AI, predictive modeling, and Quantum Computing. The company offers a range of drone models, including:

1. ZenaDrone 1000: Used for crop management and critical field cargo applications
2. IQ Nano: An indoor drone for inventory management and security in warehouses
3. IQ Square: An indoor/outdoor drone designed for land surveys and inspections 1

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As ZenaTech continues to expand its presence in the DaaS market, the company is positioning itself as a leader in AI-powered drone solutions, promising to drive operational efficiencies and cost savings across multiple industries.