ZenaTech Signes LOI to Acquire a Fifth Land Survey Company; Focused on Assisting Border Patrol and Law Enforcement to Control Illegal Immigration
ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire its fifth land survey engineering company in Southeast Florida, expanding its Drone as a Service (DaaS) business. This acquisition aims to support border patrol and law enforcement with AI drone technology to address illegal immigration, which cost Florida taxpayers over $8 billion in 2023.
The company's DaaS model provides pay-as-you-go drone solutions for various applications, including land surveying, crop management, and safety inspections. The acquisition strategy involves establishing operations in specific geographical areas and deploying ZenaDrone multifunction AI drones equipped with thermal imaging, night vision, and AI-powered tracking capabilities.
These drones can enhance border security through 24/7 aerial surveillance, real-time data relay, and integration with radar systems. The technology significantly improves traditional land survey methods, completing tasks in hours instead of weeks using LiDAR, GPS systems, and high-resolution imaging.
ZenaTech (NASDAQ: ZENA) ha firmato una Lettera di Intenti per acquisire la sua quinta azienda di ingegneria per rilievo territoriale nel sud-est della Florida, espandendo il suo business di Drone as a Service (DaaS). Questa acquisizione ha come obiettivo di supportare la polizia di frontiera e le forze dell'ordine con tecnologia AI per droni, al fine di affrontare l'immigrazione clandestina, che è costata ai contribuenti della Florida oltre 8 miliardi di dollari nel 2023.
Il modello DaaS dell'azienda offre soluzioni di droni pagabili a consumo per varie applicazioni, tra cui rilievo di terreni, gestione delle colture e ispezioni di sicurezza. La strategia di acquisizione prevede l'istituzione di operazioni in aree geografiche specifiche e il dispiegamento di droni multifunzionali ZenaDrone dotati di imaging termico, visione notturna e capacità di tracciamento potenziate dall'AI.
Questi droni possono migliorare la sicurezza delle frontiere tramite sorveglianza aerea 24 ore su 24, trasmissione di dati in tempo reale e integrazione con sistemi radar. La tecnologia migliora significativamente i metodi tradizionali di rilievo, completando le operazioni in ore anziché in settimane, grazie all'uso di LiDAR, sistemi GPS e imaging ad alta risoluzione.
ZenaTech (NASDAQ: ZENA) ha firmado una Carta de Intención para adquirir su quinta empresa de ingeniería de topografía en el sureste de Florida, ampliando su negocio de Drone as a Service (DaaS). Esta adquisición tiene como objetivo apoyar a la patrulla fronteriza y a las fuerzas del orden con tecnología de drones AI para abordar la inmigración ilegal, que costó a los contribuyentes de Florida más de 8 mil millones de dólares en 2023.
El modelo DaaS de la empresa ofrece soluciones de drones de pago por uso para diversas aplicaciones, incluyendo topografía de terrenos, gestión de cultivos e inspecciones de seguridad. La estrategia de adquisiciones implica establecer operaciones en áreas geográficas específicas y desplegar drones multifuncionales ZenaDrone equipados con imagen térmica, visión nocturna y capacidades de seguimiento impulsadas por AI.
Estos drones pueden mejorar la seguridad fronteriza a través de vigilancia aérea 24/7, transmisión de datos en tiempo real e integración con sistemas de radar. La tecnología mejora significativamente los métodos tradicionales de topografía, completando tareas en horas en lugar de semanas utilizando LiDAR, sistemas GPS y imágenes de alta resolución.
제나텍 (NASDAQ: ZENA)는 남동 플로리다에서 다섯 번째 토지 측량 엔지니어링 회사를 인수하기 위한 의향서를 체결하여 서비스로서의 드론 (DaaS) 사업을 확장하고 있습니다. 이 인수의 목적은 인공지능 드론 기술을 활용하여 국경 순찰 및 법 집행을 지원하여 불법 이민 문제를 해결하는 것으로, 이는 2023년 플로리다 납세자에게 80억 달러 이상의 비용을 초래했습니다.
회사의 DaaS 모델은 토지 측량, 작물 관리 및 안전 점검을 포함한 다양한 응용 프로그램을 위한 사용량 기반 드론 솔루션을 제공합니다. 인수 전략에는 특정 지리적 지역에서 운영을 수립하고 열화상, 야간 시력 및 AI 기반 추적 기능을 갖춘 다기능 제나드론 드론을 배치하는 것이 포함됩니다.
이 드론들은 24시간 항공 감시, 실시간 데이터 중계 및 레이더 시스템과의 통합을 통해 국경 보안을 강화할 수 있습니다. 이 기술은 LiDAR, GPS 시스템 및 고해상도 이미지를 사용하여 전통적인 토지 측량 방법을 크게 개선하여 몇 주가 아닌 몇 시간 안에 작업을 완료합니다.
ZenaTech (NASDAQ: ZENA) a signé une Lettre d'Intention pour acquérir sa cinquième entreprise d'ingénierie de topographie dans le sud-est de la Floride, élargissant ainsi son activité de Drone as a Service (DaaS). Cette acquisition vise à soutenir la patrouille frontalière et les forces de l'ordre grâce à la technologie de drones AI pour traiter l'immigration illégale, qui a coûté aux contribuables de la Floride plus de 8 milliards de dollars en 2023.
Le modèle DaaS de l'entreprise propose des solutions de drones pay-as-you-go pour diverses applications, y compris la topographie terrestre, la gestion des cultures et les inspections de sécurité. La stratégie d'acquisition implique l'établissement d'opérations dans des zones géographiques spécifiques et le déploiement de drones multifonctionnels ZenaDrone dotés de capacités d'imagerie thermique, de vision nocturne et de suivi alimenté par l'IA.
Ces drones peuvent améliorer la sécurité des frontières grâce à une surveillance aérienne 24/7, à la transmission de données en temps réel et à l'intégration avec des systèmes radar. La technologie améliore de manière significative les méthodes traditionnelles de topographie, achevant des tâches en quelques heures au lieu de semaines en utilisant des systèmes LiDAR, GPS et des images haute résolution.
ZenaTech (NASDAQ: ZENA) hat einen Letter of Intent unterzeichnet, um sein fünftes Unternehmen für Vermessungsingenieurwesen im Südosten Floridas zu erwerben und sein Drone as a Service (DaaS) Geschäft auszubauen. Diese Akquisition zielt darauf ab, die Grenzpatrouille und die Strafverfolgungsbehörden mit KI-Dronentechnologie zu unterstützen, um illegale Einwanderung zu bekämpfen, die die Steuerzahler Floridas im Jahr 2023 über 8 Milliarden Dollar gekostet hat.
Das DaaS-Modell des Unternehmens bietet bedarfsgerechte Drohnenlösungen für verschiedene Anwendungen, darunter Vermessung von Grundstücken, Pflanzenmanagement und Sicherheitsinspektionen. Die Akquisitionsstrategie umfasst den Aufbau von Operationen in spezifischen geografischen Gebieten und den Einsatz von multifunktionalen ZenaDrone KI-Drohnen, die mit Wärmebild- und Nachtsichttechnik sowie KI-gestützten Verfolgungsfunktionen ausgestattet sind.
Diese Drohnen können die Grenzsicherheit durch 24/7 Luftüberwachung, Echtzeit-Datenübertragung und Integration mit Radarsystemen verbessern. Die Technologie verbessert traditionelle Vermessungsmethoden erheblich, da sie Aufgaben in Stunden anstatt in Wochen mithilfe von LiDAR, GPS-Systemen und hochauflösenden Bildern abschließt.
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VANCOUVER, British Columbia, Feb. 04, 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 that it has signed an LOI (Letter of Intent) to acquire a fifth land survey engineering company located in Southeast Florida. Upon completion, this will be the second acquisition in the Southeast, adding to the Company’s national Drone as a Service business making the speed and precision of AI drones with advanced sensors and LiDAR technology and applications available in a convenient and cost-effective fashion for business and government users.
The Company intends to apply the new acquisition to build a fleet of its ZenaDrone AI drones to assist border patrol and law enforcement with border protection applications addressing illegal immigration which cost Florida taxpayers over
“Our vision with Drone as a Service or DaaS, is to enable drones to dramatically improve the speed and precision of many traditional inspection, safety and monitoring tasks, making them convenient to access and cost effective through this unique business model. Acquiring land survey companies is the first step in setting up operations in a specific geographical area, followed by locations where we can offer our ZenaDrone multifunction AI drones to business and governments for specific needs. The surge in illegal immigration by sea to states such as Florida is tremendously expensive for taxpayers, drones can help with coastal surveillance, search and rescue operations, and improve efficiency and manpower expenditures for coast guard and law enforcement organizations,” said CEO Shaun Passley, Ph.D.
Drones can significantly enhance Florida's border security by providing real-time aerial surveillance over vast coastal areas, detecting illegal migrant boats long before they reach shore. Equipped with thermal imaging, night vision, and AI-powered tracking, drones can operate 24/7 in difficult-to-monitor areas, reducing the reliance on costly and slower manned patrols. They can also relay live data to law enforcement, allowing for quicker interception of migrant vessels while improving search and rescue operations for those in distress. By integrating drones with radar systems and AI analytics, authorities can identify patterns in illegal crossings, anticipate threats, and allocate resources more efficiently, ultimately strengthening Florida’s maritime border security.
ZenaTech’s Drone as a Service or DaaS business model enables government agencies, building developers, farmers, oil and gas companies, environmental firms, etc. to utilize a complete drone solution for a specific application─ i.e., land surveying, crop management, inspection, or safety applications – and purchase it on a pay-as-you-go basis rather than having to buy the entire drone hardware and software solution. This business model provides cost-effective access to the enhanced productivity benefits and AI capabilities offered by drone technology for speed, improved precision, and elimination of outdated or manual processes. Like Amazon Web Services, where Amazon owns computer equipment platforms and hires the personnel, with the DaaS model, ZenaDrone owns the drones and hires the pilots, enabling businesses and governments to hire DaaS for services.
Accurate land surveys are essential for the planning, design, and execution of roads, bridges, and building projects for cities, commercial, and residential projects, and are required for legal purposes. ZenaTech is focused on acquiring established land survey engineering firms including the skills of the overseeing licensed Surveyor-in-Charge, a valuable designation that takes years to achieve. The use of drones requires FAA licensing and drone expertise, hardware, and software that ZenaDrone will bring to these transactions.
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.
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, and the IQ Nano indoor drone is used for inventory management in the warehouse and logistics 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
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