ZenaTech Acquires Velocity Geomatics in 25th Deal Push
ZenaTech snaps up Alberta's Velocity Geomatics, entering the booming oil and gas drone inspection market growing 28% annually.
ZenaTech has completed its 25th acquisition, picking up Velocity Geomatics Inc., a Canadian company based in Alberta. The move marks a meaningful expansion of the company's Drones as a Service (DaaS) business into environmental and regulatory services tied to the oil and gas industry — a sector that's far from slowing down.
If you're not already tracking the drone inspection space, here's why it matters: the global market for drone inspection services in oil and gas is growing at a hefty 28% per year. That's the kind of growth rate that makes investors sit up straight. By absorbing Velocity Geomatics, ZenaTech is essentially buying a seat at a table that's getting bigger every year.
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The acquisition also doubles as a milestone check. ZenaTech had laid out an intermediate goal back in January 2025, and landing this deal means the company has officially hit that marker. Reaching acquisition targets on schedule tends to signal that leadership has a handle on its rollup strategy — and ZenaTech appears to be executing with some discipline here.
Velocity Geomatics brings specialized geomatics expertise to ZenaTech's growing portfolio, adding capabilities in environmental monitoring and regulatory compliance work — both of which are increasingly important as energy companies face tighter scrutiny over their operational footprints. Pairing those services with drone technology creates a compelling package for oil and gas operators looking to cut costs and improve compliance reporting.
For ZenaTech, this is about more than just adding a logo to a slide deck. Twenty-five acquisitions in suggests the company is building something intentional — a diversified drone services platform with reach across multiple industries and geographies. Continue reading at GlobalNewswire.