ZenaTech’s Ninth Acquisition Targets Northwest for Drone-as-a-Service Expansion
Acquisition Expands AI-Powered Drone Services Into $8.5B Market
ZenaTech (NASDAQ:ZENA), a tech solutions company known for its AI-enabled drones and enterprise software, has signed an offer to acquire a seasoned land surveying and mapping business in Washington State. This strategic step positions ZenaTech to grow its Drone as a Service (DaaS) footprint across the Pacific Northwest—a region marked by steady demand for precision-driven land and marine surveys.
The acquisition will not only add an operational location but also give ZenaTech immediate access to established customer relationships across Washington and Idaho. According to the company, the deal marks their ninth acquisition as they strive toward a 25-location national network by mid-next year, building a powerful launchpad into an estimated $8.5 billion U.S. market for land surveying services, projected to grow to $12.3 billion by 2033.
Business Model: DaaS Brings Flexibility and Efficiency for Customers
With this latest move, ZenaTech doubles down on its DaaS approach, allowing business and government customers to access on-demand drone services by subscription or pay-per-use. By eliminating the need to purchase hardware, manage compliance, or train pilots, ZenaTech aims to drive efficiency, safety, and precision across traditional service industries such as surveying, inspections, power washing, and agriculture.
Company CEO Shaun Passley, Ph.D., emphasizes the benefit: "This acquisition will help strengthen our vision to deploy AI-powered drones across multiple traditional services, delivering incremental speed, precision, safety and efficiency." For many customers, that means lowering operational costs while getting scalable, tech-driven solutions for their surveying and monitoring needs.
Growing Through Acquisition: Path to Recurring Revenue and Scale
Nine acquisitions completed—sixteen to go. ZenaTech’s path is clear: consolidate regional survey, inspection, and industrial service firms into its national network, each upgraded with drone and AI innovations. Their recurring revenue model, focused on embedding advanced tech in field workflows, stands out in an industry still shifting from manual to digital operations.
| Key Metrics | Current Value | Projection (2033) |
|---|---|---|
| Total US Land Surveying Services Market | $8.5 Billion | $12.3 Billion |
| ZenaTech Acquisitions to Date | 9 | 25 (Target by Mid-Next Year) |
Why This Acquisition Matters for the Market
This latest offer isn’t just about scale—it’s about upgrading a regional firm with AI, machine learning, and advanced drone hardware. For sectors like construction, agriculture, defense, and logistics, such upgrades promise not just new capabilities, but the opportunity for real-time, accurate data, streamlined operations, and long-term savings.
The larger implication? As traditional field services migrate toward automation and data-driven insights, players with deep tech portfolios and the agility to acquire established operators are best positioned to lead. ZenaTech’s aggressive push in the Northwest could serve as a model for how DaaS disrupts legacy industries.
Takeaway: Momentum Continues, But Execution Remains Key
While the acquisition’s closing is still pending, ZenaTech’s commitment to rapidly scaling its DaaS business is unmistakable. Investors and industry watchers may want to track not only how well ZenaTech integrates these acquisitions, but also how it delivers on recurring revenue and national network scale as competitors look to catch up in the fast-evolving market for tech-driven field services.
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