ZenaTech, Inc. (NASDAQ:ZENA) completed its acquisition of Merritt Paul Land Surveying. Merritt Paul is a Georgia-based firm. It holds licenses in 17 states.
This deal marks ZenaTech's 29th purchase. It aligns with the company's 'Drone as a Service' (DaaS) roll-up strategy. This strategy integrates drone technology into traditional service industries.
The acquisition strengthens ZenaTech's footprint in the rapidly growing utility-scale solar and transportation infrastructure sectors. Merritt Paul brings specialized expertise. This includes surveying for solar farms, railways, and airports.
ZenaTech aims to leverage this expertise. The company will scale its automated, AI-driven drone survey and inspection services. These services will target Merritt Paul's established client base.