ZenaTech Expands DaaS with 24th Acquisition, Adding Green Earth Powerwashing Franchise
Summary
ZenaTech has acquired Green Earth Powerwashing, a Florida-based franchise network, marking its 24th Drone as a Service (DaaS) acquisition. This move strengthens ZenaTech's market presence in Florida and adds a scalable power washing platform to its DaaS network. The company aims to integrate AI drone technology into Green Earth's operations, targeting the growing drone cleaning services market, which is projected to reach over $15 billion by 2031. This acquisition aligns with ZenaTech's ongoing strategy of expanding its DaaS offerings, as evidenced by previous acquisitions and significant revenue growth in the segment.
At the time of this announcement, ZENA was trading at $1.36 on NASDAQ in the Technology sector, with a market capitalization of approximately $118.7M. 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.