ZenaTech Makes Offer to Acquire California Surveying Firm, Taps into US $10B Agricultural Drone Market
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”) announced it has signed an offer to acquire a California-based civil engineering and land surveying firm, expanding its footprint into the U.S. Southwest for the first time. The proposed deal marks a strategic addition to ZenaTech’s roll-up of regional operators under its Drone-as-a-Service (“DaaS”) platform. It gives the company direct access to the largest agricultural market in the country.
Acquisition Anchors West Coast Expansion Strategy
The unnamed target brings a longstanding client base in the construction, environmental, and infrastructure sectors. ZenaTech plans to layer its autonomous drone capabilities, including precision imaging, topographical mapping, and real-time irrigation analytics, into the firm’s existing survey workflows. This aligns with the company’s broader strategy of integrating drone intelligence into legacy field operations through asset-light partnerships.
ZenaTech has closed six acquisitions across the US to date, and its management has indicated plans to pursue up to 20 additional regional acquisitions in the next 12 months as part of a national DaaS expansion.
DaaS Model Gains Ground
ZenaTech’s DaaS model enables clients in agriculture, logistics, and public infrastructure to access drone-enabled data services without purchasing hardware, hiring licensed pilots, or managing FAA compliance. This on-demand, subscription-style delivery is especially relevant to the California market, where agricultural technology adoption is rising alongside climate volatility and regulatory complexity.
With no capital equipment purchase required, ZenaTech’s clients gain flexible access to advanced features like aerial surveying, crop stress imaging, precision spraying, and even wildfire monitoring - all powered by the company’s proprietary ZenaDrone 1,000 platform.
Agricultural Opportunity in Focus
California accounts for nearly 90% of U.S. vineyard acreage and remains one of the most water-and labour-constrained crop economies in the world.1 This acquisition positions ZenaTech to serve that market with scalable, AI-powered solutions at a time when sustainability and automation are intersecting in both policy and practice.
According to Grand View Research, the global agricultural drone market is projected to grow from US $2.7B in 2024 to US $10.3B by 2030, representing a compound annual growth rate (CAGR) of 25.0% over that period.2 This is largely due to demand driven by productivity pressure and environmental compliance mandates.
ArcStone View
ZenaTech’s California entry marks a timely expansion into a high-need, high-complexity geography where drone-enabled workflows can offer clear operational value. By integrating with a firm that already serves construction and environmental markets, the company is taking a pragmatic approach to regional scale.
The DaaS model, which has already been tested in other verticals, has a strong use case in California’s agricultural core, particularly as climate pressure and compliance demands accelerate. While broader adoption will depend on execution and local fit, ZenaTech’s method of layering advanced capabilities onto established field networks positions well for the next phase of drone infrastructure evolution.
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ArcStone Financial Pulse Team
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