ZenaTech, Inc. Completes Three Drone as a Service Acquisitions to Expand North American Footprint and Service Capabilities
Overview
ZenaTech, Inc. announced it has completed three strategic Drone as a Service acquisitions, including two in the U.S. and its first acquisition in Canada. The company said the acquisitions expand its portfolio of drone-based service offerings and extend its North American geographic reach. ZenaTech stated these transactions bring its total number of completed acquisitions for the year to 19.
Key Highlights
- Completed three Drone as a Service acquisitions: Holt Surveying & Mapping, Inc. (Spokane, Washington), Andrew Spiewak Land Surveyor, Inc. (Chicago), and a Halifax, Nova Scotia area commercial window washing service firm.
- The company said these acquisitions bring the number of completed acquisitions for the year to 19.
- Holt Surveying & Mapping, Inc. was founded in 1985 and operates across Washington state and Northern Idaho.
- Andrew Spiewak Land Surveyor, Inc. has over 30 years of experience providing land surveying and engineering consulting services in the Chicago area.
- The Halifax, Nova Scotia area commercial window washing company has over 15 years of background and specializes in commercial low- to mid-rise buildings.
- ZenaTech described its Drone as a Service model as providing on-demand or subscription-based access to drone-based services including surveying, inspection, maintenance, power washing, inventory management, and precision agriculture, without the capital costs or operational burdens of ownership.
Strategic & Operational Context
ZenaTech said it aims to expand Drone as a Service offerings in the Pacific Northwest into inspection and survey applications in forestry, mining, and hydroelectric power generation. Management stated the Illinois acquisition provides a foundation to expand Drone as a Service-based offerings for land surveys, inspections, and other services in Illinois and the Midwest. The company said its first Canadian acquisition provides a foundation to expand existing land survey and inspection services in eastern Canada and expand drone-based power washing across its network of locations.
Commentary
The acquisitions add operating service companies in Washington, Illinois, and Canada, expanding ZenaTech’s Drone as a Service footprint and broadening the types of services it plans to deliver using drone-enabled workflows. The company also ties these additions to expansion into specific end markets and services it identifies, including forestry, mining, hydroelectric power generation, and drone-based power washing.
About ZenaTech, Inc.
ZenaTech is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions for mission-critical business applications. Since 2017, the company has leveraged software development expertise and expanded drone design and manufacturing capabilities through ZenaDrone to support inspection, monitoring, safety, security, compliance, and surveying processes. ZenaTech operates through global offices in North America, Europe, Taiwan, and UAE and is growing its U.S. DaaS business through acquisitions.
ArcStone Financial Pulse Team
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