ZenaTech Acquires Merritt Paul Land Surveying to Expand DaaS Presence
ZenaTech, Inc. (NASDAQ: ZENA) has acquired Merritt Paul Land Surveying, LLC, a land surveying firm based in Franklin, Georgia that serves the solar, transportation, and construction sectors. The acquisition is part of ZenaTech's strategy to expand its Drone as a Service (DaaS) platform by acquiring under-digitized service businesses with established customer bases. Merritt Paul specializes in utility-scale solar surveys across the U.S., including work for major rail and airport clients. CEO Shaun Passley highlighted that this acquisition strengthens ZenaTech’s exposure to high-growth infrastructure sectors like transportation and renewable energy, aligning with a projected 25% CAGR growth of the drone solar inspection market through 2032. ZenaTech's DaaS model offers subscription-based solutions for surveying, inspections, maintenance, power washing, and precision agriculture. The company is building a scalable global platform focused on recurring revenue and expanded capabilities.
Tickers: $ZENA
Topics: Drone as a Service Solar Energy Transportation Infrastructure