ZenaTech, Inc. (NASDAQ: ZENA) shares began Thursday in plus territory. The company, a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces the closing of its acquisition of Putt Land Surveying, Inc., a Tucson, Arizona-based land survey firm founded more than 40 years ago, with established clients including the City of Tucson, school districts, and a range of public and private sector clients.
This transaction marks the 11th acquisition for ZenaTech’s DaaS business area, and ushers in the acceleration of the Company’s central and south Arizona operations currently based in Phoenix, and capacity building to serve DaaS clients throughout the state of Arizona.
“This acquisition serves as a strategic catalyst to strengthening our Phoenix growth trajectory as we hire additional land survey staff while concurrently focus on establishing our Phoenix-based drone manufacturing facility,” said CEO Shaun Passley.
“Putt Land Surveying brings repeat customers and will help us expand our statewide reach to meet the growing demand for drone-based, multi-industry survey and inspection services via a convenient DaaS business model.”
Founded over 40 years ago, Putt Land Surveying, Inc. has a proven history of providing professional surveying services across southern Arizona. The company operates throughout Cochise, Pima, Pinal, and Santa Cruz counties, offering boundary, certified land surveys for commercial transactions, topographic, design, and construction staking surveys, along with FEMA (Federal Emergency Management Agency) elevation certificates.
ZENA shares garnered six cents, or 1.1%, to $5.65.
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