ZenaTech Completes Acquisition of Othership Limited, Plans Quantum Computing Integration

Deal News | Mar 18, 2025 | Globenewswire

ZenaTech Completes Acquisition of Othership Limited, Plans Quantum Computing Integration

ZenaTech, a technology firm specializing in AI drones and quantum computing, has completed the acquisition of London-based workspace scheduling software company Othership Limited. This strategic acquisition aims to enhance ZenaTech's technological capabilities, particularly using quantum computing to revolutionize workspace scheduling frameworks, addressing complexities faced by multinational corporations. The company's broader strategy involves integrating quantum computing into both AI-driven drone applications and enterprise SaaS offerings. Such integration empowers massive data processing and optimal scheduling solutions, significant for workforce and workspace management. Market trends reveal a growing demand for workspace management solutions sparked by the adoption of hybrid work models and digital transformation. Quantum computing, though emergent, promises to significantly surpass current computational capabilities, potentially transforming productivity across sectors. ZenaTech, established in 2017, also announced its previous venture into quantum computing via Project Sky Traffic, focusing on applications ranging from traffic management to national security. The company operates internationally with an extensive portfolio of drone solutions tailored for sectors including agriculture and defense.

Sectors

  • Technology
  • Enterprise Software
  • Quantum Computing

Geography

  • Canada – ZenaTech is headquartered in Vancouver, British Columbia, Canada.
  • United Kingdom – Othership Limited, the acquired company, is based in London, UK.

Industry

  • Technology – The acquisition involves advanced computing strategies and the expansion of SaaS solutions, placing it within the technology sector.
  • Enterprise Software – ZenaTech's acquisition targets workspace scheduling software, relevant to the enterprise software industry.
  • Quantum Computing – The focus on using quantum computing for enhancing productivity categorizes it within the quantum computing industry.

Financials

  • – The financial details of the acquisition were not specified.

Participants

NameRoleTypeDescription
ZenaTech Inc.AcquirerCompanyA technology firm specializing in AI-driven drones and quantum computing solutions.
Othership LimitedTargetCompanyA company offering workspace scheduling and management software solutions.
Shaun Passley, Ph.D.CEOPeopleChief Executive Officer of ZenaTech Inc., leading this strategic acquisition.