ZenaTech Signs Acquisition Offers for Surveying Firms in Three Countries, Targeting C$40M Revenue

ZenaTech has signed multiple letters of offer to acquire land surveying and geospatial companies across three countries, targeting C$40 million in new annual revenue.

ZenaTech, a drone services and technology company, has signed multiple acquisition offers targeting land surveying and geospatial services firms operating in the United States, Canada, and Australia. The company projects the acquisitions will contribute approximately C$40 million in combined revenue within the first 12 months after deals close, assuming all offers proceed to completion. The moves are framed as an expansion of ZenaTech's Drone as a Service (DaaS) business into the land surveying sector, where drone technology is increasingly used for mapping, terrain analysis, and geospatial data collection. The company describes itself as one of the world's leading DaaS providers. No specific company names, deal values, or closing timelines were disclosed in the available reporting. The acquisitions remain at the offer stage and are not yet finalized.

Why it matters

If completed, the deals would significantly expand ZenaTech's geographic footprint and revenue base across three countries simultaneously. The drone services market, in which these acquisitions are positioned, is reported to be growing at over 25% annually.

What's next

Deals remain subject to due diligence and final closing; no timeline for completion was disclosed.

Key facts

• ZenaTech signed multiple acquisition offers — exact number not disclosed — targeting land surveying and geospatial firms
• Target companies span the United States, Canada, and Australia
• Combined projected revenue contribution is C$40 million in the first 12 months post-closing
• The drone services market is reported to be growing at over 25% per year
• No target company names or individual deal values were disclosed
• Acquisitions are at the offer stage and have not yet closed

Bias & framing notes

Both sources carry identical headlines and appear to reproduce the same company-issued press release, with no independent reporting, third-party verification, or analyst commentary. All figures and characterizations — including the C$40 million revenue projection and the '25% market growth' claim — originate from ZenaTech itself and should be treated as promotional statements rather than verified facts. No critical or outside perspective is present in either source.

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