ZenaTech Expands Colorado Footprint with 23rd Drone-as-a-Service Acquisition
ZENA sits 38% above its 52-week low of $1.15.
Summary
ZenaTech announced its 23rd Drone as a Service (DaaS) acquisition, High Prairie Survey Company, expanding its presence in Colorado's Denver growth corridor. This acquisition of a 40-year-established land surveying firm is part of ZenaTech's strategy to integrate drone-powered services into traditional industries and moves the company closer to its goal of 25 acquisitions by mid-2026. While financial terms were not disclosed, this deal strengthens ZenaTech's recurring revenue opportunities and operational scale in a key region. This follows a pattern of strategic advancements and acquisitions, as seen in recent SEC filings.
At the time of this announcement, ZENA was trading at $1.59 on NASDAQ in the Technology sector, with a market capitalization of approximately $76.8M. The 52-week trading range was $1.15 to $7.11. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.