ZenaTech Signs LOI to Acquire Eighth Land Survey Company Advancing Drone as a Service in a $2.5 Billion US Drone Survey Market by 2033
ZenaTech (NASDAQ: ZENA) has signed a Letter of Intent to acquire its eighth land survey company, marking its second acquisition in Arizona. This strategic move aims to expand the company's Drone as a Service (DaaS) presence in the Southwest region.
The acquisition aligns with ZenaTech's national DaaS business model, offering AI drone solutions through subscription or pay-per-use models. The company is targeting the US drone survey market, projected to reach $2.5 billion by 2033. The global market is expected to grow to $8 billion by 2033, with North America representing 35% and maintaining a 19% CAGR.
Land surveys constitute 53% of the drone surveying market, with applications in real estate, urban planning, and infrastructure projects. The DaaS model eliminates the need for customers to purchase and maintain drones while providing access to advanced technology and applications. ZenaTech's drone solutions utilize sensors, cameras, LiDAR, and GPS systems to conduct land surveys significantly faster than traditional methods.
ZenaTech (NASDAQ: ZENA) ha firmato una Lettera di Intenti per acquisire la sua ottava azienda di rilevamento del terreno, segnando la sua seconda acquisizione in Arizona. Questa mossa strategica mira ad espandere la presenza dell'azienda nel Drone as a Service (DaaS) nella regione del Sud-Ovest.
L'acquisizione è in linea con il modello di business nazionale DaaS di ZenaTech, che offre soluzioni di droni AI attraverso modelli di abbonamento o pay-per-use. L'azienda sta puntando al mercato statunitense dei rilevamenti con droni, previsto raggiungere 2,5 miliardi di dollari entro il 2033. Si prevede che il mercato globale crescerà fino a 8 miliardi di dollari entro il 2033, con il Nord America che rappresenta il 35% e mantiene un CAGR del 19%.
I rilievi fondiari costituiscono il 53% del mercato del rilevamento con droni, con applicazioni nel settore immobiliare, nella pianificazione urbana e nei progetti infrastrutturali. Il modello DaaS elimina la necessità per i clienti di acquistare e mantenere droni, fornendo accesso a tecnologie e applicazioni avanzate. Le soluzioni di droni di ZenaTech utilizzano sensori, telecamere, LiDAR e sistemi GPS per condurre rilevamenti fondiari in modo significativamente più veloce rispetto ai metodi tradizionali.
ZenaTech (NASDAQ: ZENA) ha firmado una Carta de Intención para adquirir su octava empresa de levantamiento de terrenos, marcando su segunda adquisición en Arizona. Este movimiento estratégico tiene como objetivo expandir la presencia de la empresa en el Drone as a Service (DaaS) en la región del Suroeste.
La adquisición se alinea con el modelo de negocio nacional DaaS de ZenaTech, ofreciendo soluciones de drones con IA a través de modelos de suscripción o pago por uso. La empresa está enfocándose en el mercado estadounidense de levantamientos con drones, que se proyecta alcanzará 2,5 mil millones de dólares para 2033. Se espera que el mercado global crezca hasta 8 mil millones de dólares para 2033, con América del Norte representando el 35% y manteniendo una CAGR del 19%.
Los levantamientos de terrenos constituyen el 53% del mercado de levantamientos con drones, con aplicaciones en bienes raíces, planificación urbana y proyectos de infraestructura. El modelo DaaS elimina la necesidad de que los clientes compren y mantengan drones, proporcionando acceso a tecnología y aplicaciones avanzadas. Las soluciones de drones de ZenaTech utilizan sensores, cámaras, LiDAR y sistemas GPS para realizar levantamientos de terrenos de manera significativamente más rápida que los métodos tradicionales.
제나테크 (NASDAQ: ZENA)는 여덟 번째 토지 조사 회사를 인수하기 위한 의향서를 체결하였으며, 이는 애리조나에서의 두 번째 인수입니다. 이 전략적 조치는 회사의 드론 서비스(DaaS) 존재감을 남서부 지역으로 확장하는 것을 목표로 하고 있습니다.
이번 인수는 제나테크의 국가 DaaS 비즈니스 모델과 일치하며, 구독 또는 사용량 기반 모델을 통해 AI 드론 솔루션을 제공합니다. 회사는 미국 드론 조사 시장을 목표로 하고 있으며, 이는 2033년까지 25억 달러에 이를 것으로 예상됩니다. 글로벌 시장은 2033년까지 80억 달러로 성장할 것으로 예상되며, 북미는 35%를 차지하고 연평균 19%의 성장률을 유지할 것입니다.
토지 조사는 드론 조사 시장의 53%를 차지하며, 부동산, 도시 계획 및 인프라 프로젝트에 적용됩니다. DaaS 모델은 고객이 드론을 구매하고 유지할 필요를 없애고, 고급 기술 및 애플리케이션에 대한 접근을 제공합니다. 제나테크의 드론 솔루션은 센서, 카메라, LiDAR 및 GPS 시스템을 사용하여 전통적인 방법보다 훨씬 빠르게 토지 조사를 수행합니다.
ZenaTech (NASDAQ: ZENA) a signé une Lettre d'Intention pour acquérir sa huitième entreprise de topographie, marquant sa deuxième acquisition en Arizona. Ce mouvement stratégique vise à étendre la présence de l'entreprise dans le domaine du Drone as a Service (DaaS) dans la région du Sud-Ouest.
L'acquisition s'aligne avec le modèle commercial national DaaS de ZenaTech, offrant des solutions de drones IA via des modèles d'abonnement ou de paiement à l'utilisation. L'entreprise cible le marché américain des relevés de drones, qui devrait atteindre 2,5 milliards de dollars d'ici 2033. Le marché mondial devrait croître pour atteindre 8 milliards de dollars d'ici 2033, avec l'Amérique du Nord représentant 35% et maintenant un taux de croissance annuel de 19%.
Les relevés de terrain représentent 53% du marché des relevés par drone, avec des applications dans l'immobilier, la planification urbaine et les projets d'infrastructure. Le modèle DaaS élimine le besoin pour les clients d'acheter et de maintenir des drones tout en offrant un accès à des technologies et des applications avancées. Les solutions de drones de ZenaTech utilisent des capteurs, des caméras, LiDAR et des systèmes GPS pour effectuer des relevés de terrain de manière significativement plus rapide que les méthodes traditionnelles.
ZenaTech (NASDAQ: ZENA) hat eine Absichtserklärung unterzeichnet, um sein achtes Landvermessungsunternehmen zu erwerben, was die zweite Akquisition in Arizona markiert. Dieser strategische Schritt zielt darauf ab, die Präsenz des Unternehmens im Drone as a Service (DaaS) im Südwesten der USA auszubauen.
Die Akquisition steht im Einklang mit dem nationalen DaaS-Geschäftsmodell von ZenaTech, das KI-Drone-Lösungen über Abonnement- oder Pay-per-Use-Modelle anbietet. Das Unternehmen richtet sich an den US-Dronenvermessungsmarkt, der voraussichtlich bis 2033 2,5 Milliarden Dollar erreichen wird. Der globale Markt wird bis 2033 voraussichtlich auf 8 Milliarden Dollar wachsen, wobei Nordamerika 35% ausmacht und eine jährliche Wachstumsrate von 19% beibehält.
Landvermessungen machen 53% des Marktes für Drohnenvermessungen aus, mit Anwendungen in den Bereichen Immobilien, Stadtplanung und Infrastrukturprojekte. Das DaaS-Modell beseitigt die Notwendigkeit für Kunden, Drohnen zu kaufen und zu warten, während es Zugang zu fortschrittlicher Technologie und Anwendungen bietet. Die Drohnenlösungen von ZenaTech nutzen Sensoren, Kameras, LiDAR und GPS-Systeme, um Landvermessungen erheblich schneller durchzuführen als traditionelle Methoden.
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VANCOUVER, British Columbia, March 27, 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 an eighth land survey engineering company which marks the second LOI located in Arizona. Upon completion, these locations will serve as a launchpad to further Southwest regional development and contribute to the Company’s national DaaS business model intended to bring the speed and precision of ZenaDrone’s AI drone solutions in a convenient subscription or pay-per-use model for businesses and government users.
“Arizona is strategic to our US operations as the base of our subsidiary ZenaDrone where our second drone manufacturing facility will be. Our vision with Drone as a Service is to capture part of the drone survey market that is growing by double-digits and is expected to reach USD
According to Fact.MR, the global drone surveying market is poised for substantial growth and is expected to be worth over USD
Drones as a Service or DaaS works similarly to Software as a Service (SaaS), but instead of providing software over the internet, this business model offers drone technology solutions and services on a subscription or pay-per-use basis. With DaaS, businesses and government customers can conveniently access drones for tasks such as surveying, inspections, security, law enforcement, or precision agriculture solutions without having to buy, operate or maintain the drones themselves.
ZenaTech’s DaaS model offers customers including government agencies, builders and real estate developers, construction firms and farmers reduced upfront costs as there is no need to purchase expensive drones, and convenience as the company manages maintenance and operation. DaaS also offers scalability to companies to use more often or less often based on their needs and enables access to advanced drone technology and applications without the need for specialized training or equipment.
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. 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 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 in the warehouse and logistics sectors, and the IQ Square is an 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 projected value of the US drone survey market by 2033 according to ZenaTech's announcement?
How many land survey companies has ZenaTech (ZENA) signed LOIs to acquire?
What percentage of the drone surveying market is represented by land surveys?
What is the expected CAGR of the global drone surveying market according to the ZENA announcement?
How does ZenaTech's Drone as a Service (DaaS) model benefit customers?
