ZenaTech Signs Multiple Deals to Acquire Surveying Firms Across Three Countries
ZenaTech is pursuing acquisitions in the U.S., Canada, and Australia expected to add C$40M in revenue within 12 months of closing.
ZenaTech, one of the world's leading Drone-as-a-Service (DaaS) companies, has signed multiple letters of intent to acquire surveying and geospatial services firms operating across the United States, Canada, and Australia, the company announced Thursday. The deals, if finalized, are projected to contribute approximately C$40 million in combined revenue during the first 12 months following their close.
The targeted acquisitions represent a deliberate push by ZenaTech to expand its global footprint in a drone services market that is currently growing at an annual rate exceeding 25 percent. By absorbing established surveying and geospatial firms, ZenaTech would gain immediate operational infrastructure, existing client relationships, and skilled workforces in three of the world's most active infrastructure markets.
The move signals a broader consolidation trend in the DaaS sector, where larger platform companies are racing to capture market share by acquiring specialized service providers rather than building capabilities organically. Surveying and geospatial data collection represent some of the fastest-growing drone applications, serving sectors from construction and mining to agriculture and urban planning.
ZenaTech's multi-country acquisition strategy positions the company to offer clients a unified, internationally scalable drone services platform — a capability increasingly demanded by multinational corporations managing assets across borders. The C$40 million revenue projection underscores the near-term commercial significance of the deals, though completion remains subject to due diligence and regulatory clearances in each jurisdiction.
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