ZenaTech Acquires Weddle Surveying for DaaS Expansion

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ZenaTech Completes Acquisition of Weddle Surveying Inc.

Vancouver, British Columbia, January 16, 2025 - ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) announced the completion of its acquisition of Weddle Surveying Inc. Weddle Surveying, located near Portland, Oregon, is a land survey engineering firm with over 200 customers. This acquisition will form the base of ZenaTech's Northwest US Drone as a Service (DaaS) operations. ZenaTech plans to integrate AI drones into Weddle's operations, expanding into wildfire management applications using drone swarm technology.

CEO Shaun Passley stated that this acquisition is a step towards the company's vision for a national DaaS business, involving approximately 20 planned acquisitions. The acquisition is expected to bring in land survey expertise, an established customer base, and revenue. The company aims to apply AI drones and quantum computing to improve applications like wildfire management.

ZenaTech's DaaS model offers a pay-as-you-go service, allowing businesses to utilize drones without the need for hardware, software, or pilot certifications. Drones will provide faster and more precise land surveys compared to traditional methods. ZenaTech also has a joint venture with a Native American company and is collaborating with other organizations to utilize drones for large-scale wildfire management.

ZenaTech is developing Sky Traffic, a project that will use AI drones, quantum computing, and specialized teams for advanced applications such as traffic management, weather forecasting, and wildfire management. The company highlights the synergy of AI drones and quantum computing for efficient fire detection, response, and prevention.

About ZenaTech, Inc.

ZenaTech (Nasdaq: ZENA) (FSE: 49Q) is a technology company specializing in AI drones, Quantum Computing, Drone as a Service (DaaS), and enterprise SaaS solutions for mission-critical business applications. Since 2017, the company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy and cost savings. The company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. About ZenaDrone   ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, and the IQ Nano indoor drone is used for inventory management in the warehouse and logistics sectors.

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