ZenaTech Completes 21st Acquisition, Bolstering Pacific Northwest Drone Service Network
Summary
ZenaTech announced its 21st acquisition, Andy Paris & Associates, a long-established land surveying firm based in Oregon. This strategic move expands ZenaTech's national Drone as a Service (DaaS) network and strengthens its footprint in the Pacific Northwest, particularly in the Portland area. The acquisition aims to accelerate drone-enabled inspections, surveys, and other services for business and government clients, integrating the acquired company's existing customer base and revenue into ZenaTech's DaaS platform. This demonstrates continued execution of ZenaTech's growth strategy to build a scalable AI drone automation platform through targeted acquisitions of established service companies. Traders will watch for further details on the financial terms of this acquisition and its contribution to ZenaTech's revenue and profitability.
At the time of this announcement, ZENA was trading at $2.22 on NASDAQ in the Technology sector, with a market capitalization of approximately $103.9M. The 52-week trading range was $1.82 to $7.11. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.