The proposed acquisition would mark ZenaTech's first land surveying acquisition in Canada and the first focused on drone-based oil and gas industry services establishing a Drone as a Service presence in a sector growing at over 28% annually.

"This proposed acquisition represents an important strategic expansion of our Drone as a Service business into Canada's oil and gas sector, one of the most significant energy markets in North America," said Shaun Passley, Ph.D., CEO of ZenaTech. "This company brings an established commercial customer base, strong regional expertise, and extensive experience supporting surveying and geomatics projects including for some large producers. We believe there is a significant opportunity to further enhance these services through AI-powered drone technology for surveying, mapping, inspections, and infrastructure monitoring applications, enabling us to establish a core expertise that we can bring to this fast-growing global industry."

The Alberta-based land surveying company provides geospatial land surveying, geomatics, mapping, and related environmental support services for Western Canadian oil and gas producers. Operating from multiple regional offices including the Grande Prairie region, the company supports projects throughout Alberta as well as Eastern British Columbia and Saskatchewan. Its services include surveying, mapping, and pre-site assessment support for commercial infrastructure and energy development projects. The company supports a portfolio of commercial clients in the oil and gas sector, including leading Canadian energy operators and established natural gas producers active across upstream and infrastructure development projects in Western Canada.

Importantly, drones are already deeply integrated into the target acquisition company's operations, with approximately 80% of current projects utilizing drone-based workflows as part of surveying and geospatial data collection. This creates a highly efficient pathway for technology integration and operational scaling. The proposed acquisition aligns with ZenaTech's strategy of acquiring established service businesses with strong customer relationships and integrating advanced drone automation and AI technologies to improve efficiency, precision, and long-term value creation across surveying, mapping, and infrastructure monitoring applications.

The proposed acquisition comes at a time when the global oil and gas drone inspection services market is valued at approximately USD 2.3 billion and is projected to grow at a compound annual growth rate of approximately 28.5%, according to market analysts, driven by increasing adoption of autonomous inspection, surveying, and compliance technologies across energy infrastructure.

ZenaTech's Drone as a Service platform provides business and government clients with on-demand or subscription-based access to faster and superior drone-based services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services, without the capital costs or operational burdens of ownership. By acquiring established, profitable service companies currently using low-tech processes and ripe for drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits. The company is continuing to build its global business and network of locations as well as its integration of drones and new services.