ZenaTech Plans to Disrupt the Land Survey Industry With Drones, Signs LOI for Land Survey Company Acquisition
ZenaTech, Inc. (ZENA)
Company Research
Source: GlobeNewswire
TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces today that it has signed an LOI (Letter of Intent) to acquire its first land survey company, part of a larger roll-up strategy to disrupt the land survey industry by accelerating the use of drones for speed, accuracy and innovation benefits. The signed agreement is with a US company, which will form the base of the DaaS (Drone-as-a-Service) business in the Southeast US region. “This is a crucial step in the establishment of our DaaS strategy, which includes the disruption of an established land survey business ecosystem. We have a unique opportunity to significantly disrupt the land survey business through drone technologies and the DaaS business model. This is analogous to the way Uber disrupted the taxi industry. We believe these acquisiti
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News
- ZenaTech's ZenaDrone Moves to a New Arizona Manufacturing Facility for US Defense Focused on Drone Swarms Using Quantum Computing [Yahoo! Finance]Yahoo! Finance
- ZenaTech’s ZenaDrone Moves to a New Arizona Manufacturing Facility for US Defense Focused on Drone Swarms Using Quantum ComputingGlobeNewswire
- ZenaTech signs letter of intent for land survey company acquisition [Seeking Alpha]Seeking Alpha
- ZenaTech to Use Quantum Computing for Wildfire Tracking in the Western US; Part of a Third LOI for Land Survey Company Acquisition [Yahoo! Finance]Yahoo! Finance
- ZenaTech to Use Quantum Computing for Wildfire Tracking in the Western US; Part of a Third LOI for Land Survey Company AcquisitionGlobeNewswire
ZENA
Sec Filings
- 12/20/24 - Form 6-K
- 12/16/24 - Form 6-K
- 11/20/24 - Form 6-K
- ZENA's page on the SEC website