Drone as a Provider enters into a world oil and fuel drone inspection products and services marketplace rising at 28% in line with 12 months, as Corporate achieves mentioned period in-between objective from January 2025
VANCOUVER — ZenaTech, Inc. (“ZenaTech”), a generation resolution supplier focusing on AI (Synthetic Intelligence) drone, Drone as a Provider (DaaS), undertaking SaaS, and Quantum Computing answers, declares that it has finished the purchase of Grand Prairie Alberta-based Speed Geomatics Inc. doing trade as Speed Workforce, with operations and places of work throughout Alberta, British Colombia and Saskatchewan. The purchase marks ZenaTech’s first acquisition in drone-based geomatics for environmental and regulatory compliance and products and services within the oil and fuel trade, setting up a Drone as a Provider presence in a sector rising at over 28% once a year. It additionally marks its 25th acquisition since its January 2025 commentary bringing up it could succeed in that quantity via mid-2026.
“This acquisition expands our Drone as a Service business into Canada’s oil and gas sector focused on environmental and regulatory assessments for oil extraction and pipelines, in one of the most significant energy markets in North America. Importantly, it also demonstrates the achievement of one of our stated goals since our public offering in 2024, which was 25 acquisitions to support our Drone as a Service business. We have maintained an assertive acquisition strategy and anticipate setting new benchmarks in the near term,” mentioned Shaun Passley, Ph.D., CEO of ZenaTech. “Velocity Group brings an established customer base, strong regional expertise, and extensive experience supporting drone-based surveying and geomatics projects including for some large and multinational oil and gas producers. We believe there is a significant opportunity to further enhance these services through AI-powered drone technology for surveying, mapping, inspections, and infrastructure monitoring applications, enabling us to establish a core expertise that we can bring to this fast-growing global industry.”
Speed Workforce supplies geospatial land surveying, geomatics, mapping, and environmental and regulatory compliance products and services for Western Canadian oil and fuel manufacturers. Running from 3 regional places of work and a head place of business in Grande Prairie, Alberta, the corporate helps initiatives all through Alberta in addition to British Colombia and Saskatchewan. Its products and services come with surveying, mapping, and pre-site evaluation give a boost to for industrial infrastructure and effort construction initiatives. The corporate helps a portfolio of business shoppers within the oil and fuel sector, together with main power operators and established herbal fuel manufacturers energetic throughout upstream and infrastructure construction initiatives in Western Canada.
Drones are already deeply built-in into their operations, with roughly 80% of present initiatives using drone-based workflows as a part of surveying and geospatial knowledge assortment.
This transaction comes at a time when the worldwide oil and fuel drone inspection products and services marketplace is valued at roughly USD 2.3 billion and is projected to develop at a compound annual enlargement charge of roughly 28.5%, consistent with marketplace analysts, pushed via expanding adoption of self sustaining inspection, surveying, and compliance applied sciences throughout power infrastructure.
ZenaTech’s Drone as a Provider platform supplies trade and executive shoppers with on-demand or subscription-based get right of entry to to sooner and awesome drone-based products and services for a bunch of surveying, inspection, upkeep, energy washing, stock control, and precision agriculture products and services, with out the capital prices or operational burdens of possession. Through obtaining established, successful provider firms recently the use of low-tech processes and ripe for drone innovation, ZenaTech is development a world, multi-service DaaS community of places in communities anchored via current shoppers and income, for next-gen drone integration designed for pace, precision, knowledge, and protection advantages. The corporate is constant to construct its world trade and community of places in addition to its integration of drones and new products and services.
About ZenaTech
ZenaTech, Inc. is a generation corporate that focuses on AI autonomy drone platforms to become business, executive, and protection sectors. Its subsidiaries come with drone production via ZenaDrone, a world Drone as a Provider (DaaS) trade, and a separate undertaking SaaS department of tool manufacturers. The Corporate is executing an acquisition-led DaaS roll-up method to digitize and automate legacy provider industries like land surveys and inspections, using drone-based scalable, routine income enlargement. With an working footprint spanning North The us, Europe, the Center East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, in addition to ISR, shipment, and counter-UAS programs for U.S. protection and NATO allies. The corporate is making an investment in next-generation applied sciences, together with drone swarms, quantum computing, and complex AI autonomy to seize long-term alternatives in key markets via its R&D tasks.
About ZenaDrone
ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction self sustaining drone answers integrating gadget finding out, predictive analytics, and complex computing applied sciences, for presidency, protection, and business programs. This comprises multifunctional drones for surveying, inspections, logistics, safety, and protection programs. Its product portfolio comprises the ZenaDrone 1000 for ISR protection and specialised shipment, the IQ Nano for indoor stock control and safety, the IQ Sq. for outside inspections and upkeep, the IQ Quad for land surveying, and the IQ Aqua for underwater programs. ZenaDrone operates 3 world production amenities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an built-in protection machine.
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a generation corporate focusing on AI drone, Drone as a Provider (DaaS), undertaking SaaS and Quantum Computing answers for mission-critical programs for trade, executive, and protection. Since 2017, the Corporate has leveraged its tool construction experience and grown its drone design and production functions via ZenaDrone, to innovate and give a boost to buyer inspection, tracking, protection, safety, compliance, and surveying processes. With undertaking tool shoppers the use of branded answers in legislation enforcement, executive, and business sectors, and drones being applied in those plus agriculture, protection, and logistics sectors, ZenaTech’s portfolio of answers is helping power pace, accuracy, and value financial savings. The Corporate operates via world places of work in North The us, Europe, Taiwan, and UAE, and is rising its DaaS trade and world community of places via acquisitions.
About ZenaDrone
ZenaDrone, a completely owned subsidiary of ZenaTech, develops and manufactures self sustaining drone answers that may incorporate gadget finding out tool, AI, predictive modeling, Quantum Computing, and different tool and {hardware} inventions. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone answers for surveying, tracking, inspection, monitoring, procedure automation, and protection programs. These days, the ZenaDrone 1000 drone is used for crop control programs and significant box shipment programs within the protection sector, the IQ Nano indoor drone is used for stock control and safety within the warehouse and logistics sectors, the IQ Sq. is an out of doors drone designed for energy washing and inspections use in industrial and executive sectors, and the IQ Quad is for land surveys.
Contacts for more info:
Corporate, Buyers, and Media:
Linda 1st viscount montgomery of alamein
ZenaTech
312-241-1415
traders@zenatech.com
Buyers:
Michael Mason
CORE IR
traders@zenatech.com
Protected Harbor
This press unlock and similar feedback via control of ZenaTech, Inc. come with “forward-looking statements” throughout the which means of U.S. federal securities rules and appropriate Canadian securities rules. Those forward-looking statements are topic to the secure harbor provisions beneath the Personal Securities Litigation Reform Act of 1995. This forward-looking knowledge pertains to long run occasions or long run efficiency of ZenaTech and displays control’s expectancies and projections referring to ZenaTech’s enlargement, result of operations, efficiency, and trade potentialities and alternatives. Such forward-looking statements replicate control’s present ideals and are in accordance with knowledge recently to be had to control. In some circumstances, forward-looking knowledge may also be known via terminology corresponding to “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the adverse of those phrases or different related terminology meant to spot forward-looking statements.
Ahead-looking knowledge on this record comprises, however isn’t restricted to ZenaTech’s expectancies referring to its income, bills, manufacturing, operations, prices, money flows, and long run enlargement; expectancies with admire to long run manufacturing prices and capability; ZenaTech’s talent to ship merchandise to the marketplace as recently pondered, together with its drone merchandise together with ZenaDrone 1000, IQ Sq. and IQ Nano; ZenaTech’s talent to increase merchandise for markets as recently pondered; ZenaTech’s expected money wishes and it’s wishes for added financing; ZenaTech’s aim to develop the trade and its operations and execution possibility; expectancies with admire to long run operations and prices; the volatility of inventory costs and marketplace prerequisites within the industries through which ZenaTech operates; political, financial, environmental, tax, safety, and different dangers related to working in rising markets; regulatory dangers; destructive exposure or shopper belief; issue in forecasting trade tendencies; the power to rent key workforce; the aggressive prerequisites of the trade and the aggressive and trade methods of ZenaTech; ZenaTech’s anticipated trade goals for the following one year; ZenaTech’s talent to procure further price range in the course of the sale of fairness or debt commitments; funding capital and marketplace percentage; the power to finish any pondered acquisitions; adjustments within the goal markets; marketplace uncertainty; talent to get right of entry to further capital, together with in the course of the list of its securities in more than a few jurisdictions; control of enlargement (plans and timing for growth); patent infringement; litigation; appropriate rules, laws, and any amendments affecting the trade of ZenaTech and different similar dangers and uncertainties disclosed beneath the heading “Risk Factors“ in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR in the course of the SEC’s website online at www.sec.gov. The Corporate undertakes no legal responsibility to replace forward-searching knowledge excluding as required via appropriate legislation. Such forward-searching knowledge represents managements’ easiest judgment in accordance with knowledge recently to be had. No forward-looking commentary may also be assured and precise long run effects might range materially. Accordingly, readers are urged to not position undue reliance on forward-looking statements or knowledge.
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The put up ZenaTech Closes twenty fifth Acquisition with Alberta, Canada-based Speed Geomatics Inc., Increasing Drone as a Provider into Environmental and Regulatory Services and products within the Oil and Fuel Sector first gave the impression on MENAWireNOW.
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