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ZenaTech Snags 29th DaaS Acquisition With Georgia Surveying Firm

Summarized from GlobalNewswire

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.

Continue reading at GlobalNewswire.

Frequently Asked Questions

Q.How many Drone as a Service acquisitions has ZenaTech completed?

ZenaTech has completed 29 Drone as a Service acquisitions to date, with Merritt Paul Land Surveying being the most recent.

Q.What industries does Merritt Paul Land Surveying serve?

Merritt Paul specializes in land surveying for the solar, transportation, and construction industries, including utility-scale solar surveys and work for a major national transportation company.

Q.How many states is Merritt Paul Land Surveying licensed to operate in?

Merritt Paul Land Surveying holds surveying licenses in 17 states across the U.S.

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