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ZenaTech Signs Seventh LOI to Acquire a Land Survey Company in Southeast Region Contributing to Drone as a Service Strategy

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ZenaTech (NASDAQ: ZENA) has signed its seventh Letter of Intent (LOI) to acquire a land survey company in Florida, marking its fourth LOI in the Southeast region. This acquisition would be the company's second closed deal in the Southeast, supporting its Drone as a Service (DaaS) business model.

The company's DaaS strategy offers drone solutions on a subscription or pay-per-use basis, targeting commercial and government customers. Florida was chosen for its year-round flying conditions, favorable innovation environment, and existing government drone applications in public safety, disaster response, and transportation monitoring.

The service enables customers like government agencies, real estate developers, construction firms, and farmers to access advanced drone technology without purchasing or maintaining equipment. ZenaTech's drone solutions utilize sensors, cameras, LiDAR, and GPS systems to conduct land surveys more efficiently than traditional methods.

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 firmato la sua settima Lettera di Intenti (LOI) per acquisire una società di rilevamento del terreno in Florida, segnando la sua quarta LOI nella regione del Sud-Est. Questa acquisizione sarebbe il secondo accordo concluso dall'azienda nel Sud-Est, supportando il suo modello di business Drone as a Service (DaaS).

La strategia DaaS dell'azienda offre soluzioni droni su base di abbonamento o pay-per-use, mirando a clienti commerciali e governativi. La Florida è stata scelta per le sue condizioni di volo tutto l'anno, un ambiente favorevole all'innovazione e le applicazioni governative esistenti per i droni nella sicurezza pubblica, nella risposta a disastri e nel monitoraggio dei trasporti.

Il servizio consente a clienti come agenzie governative, sviluppatori immobiliari, imprese edili e agricoltori di accedere a tecnologie avanzate di droni senza dover acquistare o mantenere attrezzature. Le soluzioni droni di ZenaTech utilizzano sensori, telecamere, LiDAR e sistemi GPS per condurre rilevamenti del terreno in modo più efficiente rispetto ai metodi tradizionali.

Secondo Fact.MR, si prevede che il mercato globale del rilevamento aereo con droni raggiunga 8 miliardi di dollari USA entro il 2030, crescendo a un CAGR del 15-20%, trainato dalla domanda dei settori costruzione, agricoltura e infrastrutture.

ZenaTech (NASDAQ: ZENA) ha firmado su séptima Carta de Intención (LOI) para adquirir una empresa de topografía en Florida, marcando su cuarta LOI en la región del Sureste. Esta adquisición sería el segundo acuerdo cerrado por la compañía en el Sureste, apoyando su modelo de negocio Drone as a Service (DaaS).

La estrategia DaaS de la compañía ofrece soluciones de drones bajo un modelo de suscripción o pago por uso, dirigidas a clientes comerciales y gubernamentales. Florida fue elegida por sus condiciones de vuelo durante todo el año, un entorno favorable a la innovación y las aplicaciones gubernamentales existentes de drones en seguridad pública, respuesta a desastres y monitoreo del transporte.

El servicio permite a clientes como agencias gubernamentales, desarrolladores inmobiliarios, empresas de construcción y agricultores acceder a tecnología avanzada de drones sin necesidad de comprar o mantener equipos. Las soluciones de drones de ZenaTech utilizan sensores, cámaras, LiDAR y sistemas GPS para realizar topografías de terrenos de manera más eficiente que los métodos tradicionales.

Según Fact.MR, se proyecta que el mercado global de topografía con drones alcance 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.

제나테크 (NASDAQ: ZENA)는 플로리다에 있는 토지 조사 회사를 인수하기 위한 일곱 번째 의향서(LOI)를 체결했으며, 이는 남동부 지역에서의 네 번째 LOI입니다. 이번 인수는 회사의 남동부 지역에서 두 번째로 체결된 거래가 되며, 서비스로서의 드론(Drone as a Service, DaaS) 비즈니스 모델을 지원합니다.

회사의 DaaS 전략은 상업 및 정부 고객을 대상으로 구독 또는 사용량 기반으로 드론 솔루션을 제공합니다. 플로리다는 연중 내내 비행 조건이 좋고 혁신 환경이 우수하며, 공공 안전, 재난 대응 및 교통 모니터링에 대한 기존 정부 드론 응용 프로그램이 있어 선택되었습니다.

이 서비스는 정부 기관, 부동산 개발자, 건설 회사 및 농부와 같은 고객이 장비를 구매하거나 유지 관리하지 않고도 고급 드론 기술에 접근할 수 있도록 합니다. 제나테크의 드론 솔루션은 센서, 카메라, LiDAR 및 GPS 시스템을 활용하여 전통적인 방법보다 더 효율적으로 토지 조사를 수행합니다.

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

ZenaTech (NASDAQ: ZENA) a signé sa septième Lettre d'Intention (LOI) pour acquérir une entreprise de topographie en Floride, marquant sa quatrième LOI dans la région du Sud-Est. Cette acquisition serait le deuxième accord conclu par l'entreprise dans le Sud-Est, soutenant son modèle commercial Drone as a Service (DaaS).

La stratégie DaaS de l'entreprise propose des solutions de drones sur la base d'un abonnement ou d'un paiement à l'utilisation, ciblant les clients commerciaux et gouvernementaux. La Floride a été choisie pour ses conditions de vol tout au long de l'année, son environnement favorable à l'innovation et les applications gouvernementales existantes des drones en matière de sécurité publique, de réponse aux catastrophes et de surveillance des transports.

Ce service permet à des clients tels que des agences gouvernementales, des promoteurs immobiliers, des entreprises de construction et des agriculteurs d'accéder à une technologie de drone avancée sans avoir à acheter ou à entretenir des équipements. Les solutions de drones de ZenaTech utilisent des capteurs, des caméras, LiDAR et des systèmes GPS pour réaliser des relevés topographiques de manière plus efficace que les méthodes traditionnelles.

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 sein siebtes Absichtsschreiben (LOI) unterzeichnet, um ein Vermessungsunternehmen in Florida zu erwerben, was das vierte LOI in der Südostregion darstellt. Diese Akquisition wäre der zweite abgeschlossene Deal des Unternehmens im Südosten und unterstützt sein Drone as a Service (DaaS) Geschäftsmodell.

Die DaaS-Strategie des Unternehmens bietet Drohnenlösungen auf Abonnement- oder Nutzungsbasis an, die sich an kommerzielle und staatliche Kunden richten. Florida wurde aufgrund seiner ganzjährigen Flugbedingungen, des innovationsfreundlichen Umfelds und der bestehenden staatlichen Drohnenanwendungen in den Bereichen öffentliche Sicherheit, Katastrophenhilfe und Verkehrsüberwachung ausgewählt.

Der Service ermöglicht es Kunden wie Regierungsbehörden, Immobilienentwicklern, Bauunternehmen und Landwirten, auf fortschrittliche Drohnentechnologie zuzugreifen, ohne Geräte kaufen oder warten zu müssen. Die Drohnenlösungen von ZenaTech nutzen Sensoren, Kameras, LiDAR und GPS-Systeme, um Landvermessungen effizienter durchzuführen als traditionelle Methoden.

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

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VANCOUVER, British Columbia, March 20, 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 seventh land survey engineering company located in Florida, marking the fourth LOI in the Southeast region. The company has closed one acquisition in this region to date so upon completion, this would be the second closed acquisition in the Southeast Region. Having two locations in this region will serve as a launchpad to further regional development and ZenaTech’s national DaaS business model bringing the speed and precision of AI drone solutions in a convenient subscription or pay-per-use business model to commercial and government customers.

“Florida is strategic to our Drone as a Service strategy as it offers year-round flying conditions, a favorable innovation environment including consistent state-wide regulations, and existing government drone use for public safety, disaster response, and transportation monitoring. With growing commercial sector interest in agriculture, real estate, construction, and industrial inspection applications, we see multiple growth paths to help customers use drones to drive extraordinary efficiencies,” said CEO Shaun Passley, Ph.D.

ZenaTech’s Drones as a Service or DaaS model is similar to Software as a Service (SaaS), but instead of providing software solutions over the Internet, the company will offer ZenaDrone solutions and services on a subscription or pay-per-use basis. Customers can conveniently access drones for manual or time-consuming tasks achieving more insight and precision, such as for surveying, inspections, security and law enforcement, or precision agriculture 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 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 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 seventh LOI acquisition in Florida for its DaaS strategy?

The Florida acquisition strengthens ZENA's Southeast presence, providing year-round drone operations and supporting their subscription-based drone service model for commercial and government customers.

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

ZENA's DaaS offers drone solutions on a subscription or pay-per-use basis, eliminating the need for customers to purchase, operate, or maintain drones while providing access to advanced technology and sensors.

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

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

What industries are targeted by ZenaTech's drone surveying services?

ZENA targets government agencies, real estate developers, construction firms, farmers, and energy companies for surveying, inspections, security, and precision agriculture applications.

How do ZenaTech's drones improve land surveying efficiency?

ZENA's drones use sensors, cameras, LiDAR, and GPS systems to gather aerial data across large areas in hours, compared to weeks or months using traditional photogrammetry methods.
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