ZenaTech Completes Acquisition of Miller Land Surveying Corporation

Deal News | Apr 10, 2025 | Globenewswire

ZenaTech Completes Acquisition of Miller Land Surveying Corporation

ZenaTech, a technology company specializing in drone services and enterprise solutions, has completed the acquisition of Miller Land Surveying Corporation. This acquisition is part of ZenaTech's national strategy to revolutionize the land surveying sector by enhancing the use of drones for their speed and accuracy. This marks ZenaTech's third acquisition in the southeastern US and its fourth nationwide. By integrating drones into its operations, ZenaTech aims to build a national DaaS (Drone as a Service) business, providing precise and efficient surveying solutions across various traditional business segments. The initiative eliminates the need for clients to purchase, operate, or maintain drones themselves, presenting a cost-effective, scalable, and convenient alternative for entities such as government agencies, real estate developers, and construction firms. The market for drone-enabled surveying is rapidly growing, expected to exceed $8 billion globally by 2030.

Sectors

  • Technology
  • Surveying and Mapping
  • Aerospace and Defense

Geography

  • United States – The acquisition involves a US-based company, Miller Land Surveying Corporation, and is part of ZenaTech's national strategy in the US.
  • Canada – ZenaTech is headquartered in Vancouver, British Columbia, Canada.

Industry

  • Technology – ZenaTech is involved in drone technology, offering AI-driven DaaS solutions, making Technology a relevant classification.
  • Surveying and Mapping – The acquisition of Miller Land Surveying and the focus on enhancing surveying services with drones places this article in the Surveying and Mapping industry.
  • Aerospace and Defense – ZenaTech's use of drones for surveying and defense applications connects this to the Aerospace and Defense industry.

Financials

  • 8 billion USD – The expected value of the global drone-enabled surveying market by 2030.

Participants

NameRoleTypeDescription
ZenaTech, Inc.AcquirerCompanyZenaTech is a technology firm specializing in drones and AI solutions, focusing on expanding its DaaS business model.
Miller Land Surveying CorporationTargetCompanyMiller Land Surveying is a company based in Lake Worth, Florida, known for its experience and expertise in surveying and mapping.
Shaun Passley, Ph.D.ExecutivePersonZenaTech's CEO who commented on the acquisition and its strategic importance.