ZenaTech Signs Offer to Acquire Second Virginia Survey Company, Strengthening Federal Government Drone Services
ZenaTech Signs Offer to Acquire Second Virginia Survey Company, Strengthening Federal Government Drone Services
Nasdaq: ZENA | FSE: 49Q | BMV: ZENA
Overview
ZenaTech, Inc. announced that it has signed an offer to acquire a Virginia-based survey company with three decades of experience and an established client portfolio in the Washington, D.C. metropolitan area. According to the company, once completed, this acquisition will strengthen ZenaTech's Drone as a Service presence in the region, in combination with a previously announced acquisition.
The company reported that it plans to focus its efforts on expanding opportunities to offer its Drone as a Service (DaaS) solutions to multiple federal government agencies.
Key Highlights
- Signed an offer to acquire a Virginia-based survey company with 30 years of operational history
- Target company maintains an established client portfolio in the Washington, D.C. metropolitan area
- Acquisition complements a previously announced acquisition in the region
- Company plans to expand Drone as a Service offerings to federal government agencies
Strategic Context
According to the press release, this acquisition is designed to strengthen ZenaTech's Drone as a Service presence in the Washington, D.C. metropolitan area. The company stated that the strategic focus will be on expanding opportunities with multiple federal government agencies through its DaaS solutions.
About ZenaTech
ZenaTech is a provider of technology solutions specializing in AI-powered drones, Drone as a Service (DaaS), enterprise software as a service (SaaS), and quantum computing solutions.
ArcStone Financial Pulse Team
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