ZenaTech Closes 27th Drone as a Service Acquisition, Expanding into Idaho
Nasdaq: ZENA | FSE: 49Q | BMV: ZENA
Overview
ZenaTech, Inc. announced that it has completed the acquisition of Ketchum, Idaho-based Benchmark Partners LLC, doing business as Galena-Benchmark Engineering, according to the company. The acquired company is a full-service professional civil engineering and land surveying firm with a long history of providing civil engineering, land planning, and land information systems services to an established roster of commercial and government customers, the company stated. According to the company, the acquisition marks ZenaTech's 27th Drone as a Service acquisition to date and its first location in Idaho.
Shaun Passley, Ph.D., CEO of ZenaTech, said the acquisition expands the company's Drone as a Service footprint into Idaho, described as ZenaTech's 13th U.S. state, in a market supported by growing construction, agriculture, infrastructure and public sector demand, according to the company.
Key Highlights
- ZenaTech has completed its 27th Drone as a Service acquisition to date, according to the company.
- The acquisition is the company's first location in Idaho, its 13th U.S. state, according to the company.
- Galena-Benchmark Engineering is described by the company as a full-service, multi-discipline firm with a 30-year background, providing professional services in civil engineering, land planning, surveying, and land information systems in multiple counties across central and southern Idaho.
- The company stated that Galena-Benchmark serves a diversified customer base including municipal and government customers, construction companies, and builders supporting the area's growth in public works, tourism and agriculture sectors.
- ZenaTech plans to offer drone-based land surveying and 3D construction monitoring through its ZenaWorx platform, and future precision agriculture, forestry and land management, utility inspections, wildfire mitigation and environmental monitoring, according to the company.
Strategic/Operational Context
According to Shaun Passley, Ph.D., CEO of ZenaTech, Galena-Benchmark's more than 30 years of trusted customer relationships and established reputation across central and southern Idaho provides an ideal platform for the company's acquisition and expansion strategy. He stated that the company sees opportunities to broaden the acquired firm's service offerings through drone-enabled surveying, environmental monitoring, precision agriculture, forestry and wildfire management, and utility inspections, which management believes will create new recurring revenue opportunities while delivering greater efficiency and value to customers.
The company stated that management believes Idaho's growing economy and demand for technology-driven solutions will support recurring drone services that improve speed, efficiency, analytics, data and safety needs for customers across the state. ZenaTech's Drone as a Service platform provides business and government customers with on-demand and subscription-based drone services using its own ZenaDrone product platforms, for a host of surveying, inspections, maintenance, power washing, and precision agriculture solutions, eliminating the need for customers to own, operate and maintain commercial-grade drone fleets, according to the company. Through the acquisition of established, profitable but under digitized service businesses, the company stated it is building a scalable global DaaS network and AI autonomy platform, with recurring revenue and an existing customer base, while integrating advanced drone technologies to deliver greater speed, precision, safety, and data-driven insights. The company stated it continues to expand its geographic footprint, service offerings, and drone capabilities to drive long-term growth.
What to Watch Next
- Continued expansion of ZenaTech's Drone as a Service acquisition strategy into additional geographic markets, as stated by the company.
- Rollout of drone-based land surveying and 3D construction monitoring services through the ZenaWorx platform at the newly acquired Idaho operation, according to the company.
- Future offerings in precision agriculture, forestry and land management, utility inspections, wildfire mitigation and environmental monitoring at the Idaho location, as described by the company.
About ZenaTech
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the ZenaDrone 1000 for ISR defense and specialized cargo, the IQ Nano for indoor inventory management and security, the IQ Square for outdoor inspections and maintenance, the IQ Quad for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.
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