ZenaTech Expands DaaS to California with Strategic Acquisition

Deal News | Jul 02, 2025 | Globenewswire

ZenaTech Expands DaaS to California with Strategic Acquisition

ZenaTech, a technology company specializing in AI drones and Drone as a Service (DaaS), has signed an offer to acquire a civil engineering and land surveying firm in California. The acquisition marks ZenaTech's first proposed transaction on the US West Coast, positioning the company to scale its survey operations. This move aims to expand ZenaTech's capabilities in California's agriculture and viticulture sectors using advanced drone technologies. With a focus on providing commercial and governmental clients with drone solutions, ZenaTech's business model reduces costs related to drone maintenance and operation. The company plans to complete approximately 20 more acquisitions within the next year, further solidifying its position in the Drone as a Service market.

Sectors

  • Drones and UAV Technology
  • Agriculture and Viticulture
  • Technology and SaaS

Geography

  • California, USA – The acquisition aims to expand ZenaTech's operations into California, targeting the precision agriculture and viticulture markets.
  • Vancouver, British Columbia, Canada – ZenaTech is headquartered in Vancouver, and the article mentions this location in relation to the company's operations.

Industry

  • Drones and UAV Technology – The article discusses ZenaTech's focus on drone technology and its expansion of Drone as a Service (DaaS) operations.
  • Agriculture and Viticulture – The acquisition is targeted at expanding ZenaTech's capabilities in the precision agriculture and viticulture markets in California.
  • Technology and SaaS – ZenaTech is a technology company specializing in AI, enterprise SaaS, and Quantum Computing solutions for business applications.

Financials

  • USD 10.3 billion by 2030 – Projected market size of the global agricultural drone market.

Participants

NameRoleTypeDescription
ZenaTech, Inc.Acquiring CompanyCompanyA technology company specializing in AI drones, Drones as a Service (DaaS), and enterprise SaaS.
Shaun Passley, Ph.D.CEOPersonCEO of ZenaTech, leading the strategic acquisition and expansion efforts.
California-based Civil Engineering and Land Surveying FirmTarget CompanyCompanyA firm with a history of operations, targeted for acquisition by ZenaTech.