(SeaPRwire) –   22nd acquisition expands AI autonomy and Drone as a Service platform into Asia-Pacific infrastructure markets

VANCOUVER, British Columbia, May 07, 2026 — ZenaTech, Inc. (Nasdaq:ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it recently signed a binding agreement, subject to regulatory approvals, to acquire a Brisbane-headquartered Australian land surveying and spatial services firm with offices in Gladstone and on the Sunshine Coast in Queensland. This will mark the Company’s 22nd DaaS acquisition and its first major expansion into Australia, establishing a strategic foothold in the country with a three-office footprint in Queensland, and a launchpad into the Asia-Pacific region. The acquisition, once complete, will also strengthen the Company’s customer base in infrastructure, public works, and natural resources sectors.

“Australia represents a strategically important market itself with strong long-term demand across infrastructure, public works, and resource-driven industries including mining, energy, and related sectors. Strategically, it also expands ZenaTech’s access into the Asia-Pacific corridor, which provides the potential to significantly expand our global footprint,” said Shaun Passley, Ph.D., CEO of ZenaTech. “This transaction supports our long-term vision of building a scalable AI autonomy platform through DaaS, digitizing and improving legacy services with our drones, in a technology-led business through disciplined execution, while advancing long-term shareholder value.”

The 35-year-established geospatial and surveying services provider has a long-standing track record of delivering precision surveying and spatial data solutions to government, public works, infrastructure, and commercial clients across large-scale civil and construction projects. Its service offering spans traditional surveying, advanced geospatial mapping, and LiDAR-based data capture, supporting high-accuracy planning and execution for complex infrastructure environments.

This acquisition integrates seamlessly into ZenaTech’s Drone as a Service platform, supported by the acquisition’s existing use of drone-enabled workflows, established geospatial capabilities, existing client base, and data-driven operations. ZenaTech plans to leverage this foundation to accelerate the deployment of standardized drone-based surveying and infrastructure solutions across key customer segments, enhancing scalability and operational efficiency. The transaction further strengthens ZenaTech’s acquisition-led strategy building a globally integrated DaaS network consisting of recurring, technology-enabled services.

ZenaTech’s Drone as a Service platform is designed to provide business and government clients with convenient subscription and usage-based access to fast and superior AI drone-base, turnkey services for a host of surveying, inspection, maintenance, power washing, inventory management, and precision agriculture services. There is no need for capital costs or the operational burdens of ownership including regulatory compliance or finding drone pilots. By acquiring established, profitable service companies using low-tech and manual processes poised for AI drone innovation, ZenaTech is building a global, multi-service DaaS network of locations in communities anchored by longstanding, existing customers and revenue, for next-gen drone integration designed for speed, precision, data, and safety benefits. The company has a total of 25 international DaaS locations and is continuing to expand its network and portfolio of services.

About ZenaTech

ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.

About ZenaDrone

ZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the ZenaDrone 1000 for ISR defense and specialized cargo, the IQ Nano for indoor inventory management and security, the IQ Square for outdoor inspections and maintenance, the IQ Quad for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system.

Contacts for more information:

Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com

Investors:
Michael Mason
CORE IR
investors@zenatech.com

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