ZenaTech Acquires BA Land Professionals to Expand into Four New States
ZenaTech, Inc. (NASDAQ: ZENA) has completed its acquisition of Dayton-based BA Land Professionals LLC, marking the company's 26th Drone as a Service acquisition and expanding its U.S. footprint to 12 states. The move grants immediate access to Ohio, Kentucky, Tennessee, and North Carolina through an established surveying firm serving construction, energy, industrial, and government clients. The acquired business offers land surveying, drone mapping, LiDAR services, and GPS control solutions. ZenaTech plans to leverage this acquisition by introducing new drone-based offerings such as 3D site mapping, infrastructure monitoring, and precision agriculture in the region. The company's CEO emphasized that the strategic purchase aligns with its roll-up strategy of integrating advanced technology into existing service networks. ZenaTech aims to provide on-demand or subscription-based access to drone services without requiring customers to own equipment. This acquisition also brings an experienced management team, enhancing ZenaTech’s operational capabilities and customer relationships in key markets.
Tickers: $ZENA
Topics: business expansion drone services surveying industry