ZenaTech Lauds Acquisition of Survey Company

ZenaTech, Inc. (NASDAQ: ZENA) shares barely moved by noon ET Tuesday. 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 Jacksonville, Florida-based land survey and engineering firm, A&J Land Surveyor, Inc.

This marks a 10th acquisition for its growing Drone-as-a-Service businesses. A&J brings longstanding customer relationships and a foothold in Florida’s aviation, utility and infrastructure markets, which includes marine surveys.

“By combining the A&J team’s years of survey expertise with our AI-driven DaaS platform we have an ideal, innovative combination of building capacity and speed for accelerating drone use in airport, utility, and infrastructure surveying,” said CEO Shaun Passley.

“Florida remains a strategic growth market for us with favorable year-round flying conditions, a long-standing history as an aviation hub, and diverse terrain ranging from coastlines and port areas to agricultural land, wetlands, and disaster-prone areas.

This unique environment drives strong demand for aerial inspection, mapping, surveying, crop monitoring, coastal erosion tracking, and emergency response.”

ZENA shares edged 12 cents, or 2.1%, to $5.76.

Tech Insider