STOCK TITAN

ZenaTech Closes Miller Land Surveying Corporation, a Third Southeast Acquisition and a Fourth Nationally for the Drone as Service (DaaS) Rollout

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)

ZenaTech (NASDAQ: ZENA) has completed the acquisition of Miller Land Surveying in Lake Worth, Florida, marking its third Southeast acquisition and fourth US acquisition overall. This strategic move advances ZenaTech's national Drone as a Service (DaaS) rollout strategy.

Miller, a 40-year-old land survey and mapping company, serves the Palm Beach County area with an established customer portfolio. The acquisition aligns with ZenaTech's vision to revolutionize the land survey industry through drone technology, incorporating the ZenaDrone 1000 and IQ series of autonomous drones.

The DaaS business model offers an Uber-like subscription or pay-per-use service for various applications including land surveys, power line inspections, and power washing. This approach eliminates the need for customers to purchase, operate, or maintain drones while providing access to advanced drone technology.

According to Fact.MR, the global drone surveying market is projected to reach USD $8 billion by 2030, growing at a CAGR of 15-20%, driven by demand from construction, agriculture, and infrastructure sectors.

ZenaTech (NASDAQ: ZENA) ha completato l'acquisizione di Miller Land Surveying a Lake Worth, Florida, segnando la sua terza acquisizione nel sud-est e la quarta acquisizione negli Stati Uniti in generale. Questa mossa strategica avanza la strategia di distribuzione nazionale di ZenaTech per il Drone as a Service (DaaS).

Miller, un'azienda di rilevamento e mappatura con 40 anni di esperienza, serve l'area della Contea di Palm Beach con un portafoglio clienti consolidato. L'acquisizione è in linea con la visione di ZenaTech di rivoluzionare l'industria del rilevamento fondiario attraverso la tecnologia dei droni, incorporando il ZenaDrone 1000 e la serie IQ di droni autonomi.

Il modello di business DaaS offre un servizio in abbonamento o pay-per-use simile a Uber per varie applicazioni, inclusi rilevamenti fondiari, ispezioni di linee elettriche e lavaggio ad alta pressione. Questo approccio elimina la necessità per i clienti di acquistare, gestire o mantenere droni, fornendo accesso a tecnologie avanzate di droni.

Secondo Fact.MR, il mercato globale del rilevamento con droni è previsto raggiungere USD $8 miliardi entro il 2030, con una crescita a un CAGR del 15-20%, alimentata dalla domanda dei settori delle costruzioni, dell'agricoltura e delle infrastrutture.

ZenaTech (NASDAQ: ZENA) ha completado la adquisición de Miller Land Surveying en Lake Worth, Florida, marcando su tercera adquisición en el sureste y la cuarta adquisición en Estados Unidos en general. Este movimiento estratégico avanza la estrategia de despliegue nacional de ZenaTech para Drone as a Service (DaaS).

Miller, una empresa de topografía y mapeo con 40 años de experiencia, sirve al área del condado de Palm Beach con un portafolio de clientes establecido. La adquisición está alineada con la visión de ZenaTech de revolucionar la industria de la topografía a través de la tecnología de drones, incorporando el ZenaDrone 1000 y la serie IQ de drones autónomos.

El modelo de negocio DaaS ofrece un servicio de suscripción o pago por uso similar a Uber para diversas aplicaciones, incluidos estudios de terreno, inspecciones de líneas eléctricas y limpieza a presión. Este enfoque elimina la necesidad de que los clientes compren, operen o mantengan drones, mientras proporciona acceso a tecnología avanzada de drones.

Según Fact.MR, se proyecta que el mercado global de topografía con drones alcanzará USD $8 mil millones para 2030, creciendo a una tasa compuesta anual (CAGR) del 15-20%, impulsado por la demanda de los sectores de construcción, agricultura e infraestructura.

ZenaTech (NASDAQ: ZENA)는 플로리다주 레이크 워스에 있는 Miller Land Surveying를 인수했다고 발표하며, 이는 동남부 지역에서의 세 번째 인수이자 전체 미국에서의 네 번째 인수입니다. 이 전략적 결정은 ZenaTech의 국가적 드론 서비스(DaaS) 배포 전략을 발전시키는 데 기여합니다.

Miller는 40년의 역사를 가진 토지 조사 및 매핑 회사로, 팜 비치 카운티 지역에서 확립된 고객 포트폴리오를 보유하고 있습니다. 이 인수는 드론 기술을 통해 토지 조사 산업을 혁신하려는 ZenaTech의 비전과 일치하며, ZenaDrone 1000 및 IQ 시리즈의 자율 드론을 포함합니다.

DaaS 비즈니스 모델은 토지 조사, 전선 검사 및 고압 세척 등 다양한 응용 프로그램을 위한 우버와 유사한 구독 또는 사용량 기반 서비스를 제공합니다. 이 접근 방식은 고객이 드론을 구매, 운영 또는 유지 관리할 필요를 없애고, 첨단 드론 기술에 대한 접근을 제공합니다.

Fact.MR에 따르면, 전 세계 드론 조사 시장은 2030년까지 80억 달러에 이를 것으로 예상되며, 건설, 농업 및 인프라 부문에서의 수요에 따라 15-20%의 연평균 성장률(CAGR)을 기록할 것으로 보입니다.

ZenaTech (NASDAQ: ZENA) a finalisé l'acquisition de Miller Land Surveying à Lake Worth, en Floride, marquant sa troisième acquisition dans le sud-est et sa quatrième acquisition aux États-Unis au total. Ce mouvement stratégique fait avancer la stratégie de déploiement national de ZenaTech pour le Drone as a Service (DaaS).

Miller, une entreprise de topographie et de cartographie âgée de 40 ans, dessert la région du comté de Palm Beach avec un portefeuille client établi. L'acquisition s'aligne avec la vision de ZenaTech de révolutionner l'industrie de la topographie grâce à la technologie des drones, intégrant le ZenaDrone 1000 et la série IQ de drones autonomes.

Le modèle commercial DaaS propose un service d'abonnement ou de paiement à l'utilisation similaire à Uber pour diverses applications, y compris les études de terrain, les inspections de lignes électriques et le nettoyage haute pression. Cette approche élimine la nécessité pour les clients d'acheter, d'exploiter ou de maintenir des drones tout en offrant un accès à la technologie avancée des drones.

Selon Fact.MR, le marché mondial de la topographie par drone devrait atteindre 8 milliards USD d'ici 2030, avec un taux de croissance annuel composé (CAGR) de 15 à 20%, soutenu par la demande des secteurs de la construction, de l'agriculture et des infrastructures.

ZenaTech (NASDAQ: ZENA) hat die Übernahme von Miller Land Surveying in Lake Worth, Florida, abgeschlossen, was die dritte Übernahme im Südosten und die vierte Übernahme in den USA insgesamt markiert. Dieser strategische Schritt fördert die nationale Rollout-Strategie von ZenaTech für Drone as a Service (DaaS).

Miller, ein 40 Jahre altes Unternehmen für Vermessung und Kartierung, bedient die Region Palm Beach County mit einem etablierten Kundenportfolio. Die Übernahme steht im Einklang mit der Vision von ZenaTech, die Vermessungsbranche durch Drohnentechnologie zu revolutionieren, indem der ZenaDrone 1000 und die IQ-Serie autonomer Drohnen integriert werden.

Das DaaS-Geschäftsmodell bietet einen Uber-ähnlichen Abonnement- oder nutzungsabhängigen Service für verschiedene Anwendungen, einschließlich Landvermessungen, Inspektionen von Stromleitungen und Hochdruckreinigungen. Dieser Ansatz beseitigt die Notwendigkeit für Kunden, Drohnen zu kaufen, zu betreiben oder zu warten, während er Zugang zu fortschrittlicher Drohnentechnologie bietet.

Laut Fact.MR wird der globale Markt für Drohnenvermessungen bis 2030 auf 8 Milliarden USD anwachsen, mit einer jährlichen Wachstumsrate (CAGR) von 15-20%, die durch die Nachfrage aus den Bereichen Bauwesen, Landwirtschaft und Infrastruktur angetrieben wird.

Positive
  • None.
Negative
  • None.

VANCOUVER, British Columbia, April 10, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces the closing of its acquisition of Miller Land Surveying Corporation (“Miller”) of Lake Worth, Florida, a land survey and mapping company with a 40 year history and deep portfolio of business customers in the Palm Beach County area of South Florida.

This is ZenaTech’s third acquisition in the Southeast region as part of a larger national roll-up strategy to disrupt the land survey industry by accelerating the use of drones for their speed and accuracy benefits. The acquisition also furthers the Company’s national Drone as a Service, or DaaS, business rollout as the fourth US acquisition.

“Miller Land Surveying brings a wealth of experience and customer relationships as a second-generation company known across Palm Beach County for quality land surveys and mapping. Their pioneering team is well suited to helping us bring drone innovation to premium residential and business land surveys. This acquisition is another step towards our vision to create a national DaaS business, bringing AI drone efficiencies and precision to a variety of legacy business verticals and manual tasks,” said CEO Shaun Passley, Ph.D.

ZenaTech’s DaaS business will incorporate the ZenaDrone 1000 and the IQ series of multifunction autonomous drones to provide a variety of service solutions from land surveys to power line inspections or power washing, made accessible and cost effective through an Uber-like business model on a regular subscription or pay-per-use basis. Customers can conveniently access drones for eliminating manual or time-consuming tasks achieving superior results, such as for surveying, inspections, security and law enforcement, or precision farming applications, without having to buy, operate, or maintain the drones themselves.

The DaaS business model offers customers such as government agencies, real estate developers, construction firms, farmers or energy companies reduced upfront costs as there is no need to purchase expensive drones, as well as convenience, as there is no need to manage maintenance and operation. The model also offers scalability to use more often or less often based on business needs and enables access to advanced drone technology sensors or attachments like spraying, without the need for specialized training.

Accurate land surveys are essential for the planning, designing, and executing of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods.

According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD $8 billion globally by 2030. This market is expanding at a CAGR of 15-20%, driven by increasing demand from industries such as construction, agriculture, and infrastructure development.

About ZenaTech

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) 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 its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network.

About ZenaDrone

ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors.

Contacts for more information:

Company, Investors and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com

Investors:
Michael Mason
CORE IR
investors@zenatech.com

Safe Harbor

This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.


FAQ

What is the significance of ZenaTech's Miller Land Surveying acquisition in Florida?

The Miller acquisition represents ZENA's third Southeast acquisition and fourth US acquisition, advancing their national DaaS rollout strategy and expanding their presence in Palm Beach County's land surveying market.

How does ZenaTech's Drone as a Service (DaaS) business model work?

ZENA's DaaS operates on a subscription or pay-per-use basis, similar to Uber, allowing customers to access drone services without purchasing or maintaining equipment, using ZenaDrone 1000 and IQ series drones.

What is the projected market size for drone surveying by 2030?

According to Fact.MR, the global drone surveying market is expected to reach USD $8 billion by 2030, growing at a CAGR of 15-20%.

What advantages does ZenaTech's drone technology offer for land surveying?

ZENA's drones can complete land surveys in hours instead of weeks or months, using LiDAR, GPS systems, and high-resolution cameras to gather aerial data more efficiently than traditional methods.

What industries are targeted by ZenaTech's DaaS offerings?

ZENA's DaaS targets government agencies, real estate developers, construction firms, farmers, energy companies, and businesses requiring surveying, inspections, security, and precision farming applications.
ZenaTech, Inc.

NASDAQ:ZENA

ZENA Rankings

ZENA Latest News

ZENA Stock Data

53.10M
5.52M
70.26%
1.55%
2.2%
Software - Infrastructure
Technology
Link
Canada
Toronto