ZenaTech Snags 29th DaaS Acquisition With Georgia Surveying Firm
ZenaTech acquires Merritt Paul Land Surveying, adding solar and railroad clients and coverage across 17 states.
ZenaTech (Nasdaq: ZENA) just kept its acquisition streak alive, closing its 29th Drone as a Service deal by picking up Merritt Paul Land Surveying, LLC, a Franklin, Georgia-based firm that's been quietly building a solid client list since 2015. If you're keeping score at home, that's nearly 30 companies folded into ZenaTech's growing drone-and-AI empire.
So what does ZenaTech actually get here? Merritt Paul brings surveying licenses in 17 states — a pretty wide footprint — along with established relationships in the solar, transportation, and construction sectors. The firm's sweet spot is utility-scale solar surveys, which is a booming niche as renewable energy projects continue to expand across the country. It also counts a major national transportation company among its clients, adding railroad infrastructure work to ZenaTech's service portfolio.
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For ZenaTech, the deal is part of a deliberate strategy to grow its Drone as a Service business by absorbing specialized firms that already have the customers, the licenses, and the industry know-how. The idea is straightforward: plug in ZenaTech's AI drone technology and enterprise software on top of an existing operation, and you can scale faster than building from scratch. That's a playbook the company has now run 29 times.
The broader context here is that industries like solar energy and transportation infrastructure are increasingly turning to drone-based surveying because it's faster and often cheaper than traditional methods. A company with licenses in 17 states and proven solar survey experience is a genuinely useful asset in that environment. ZenaTech also trades on the Frankfurt Stock Exchange and the Mexican Bolsa, giving international investors a window into this U.S.-focused acquisition push.
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