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VANCOUVER - ZenaTech, Inc. (NASDAQ:ZENA) announced Thursday it has chosen Orlando, Florida as the headquarters for its Drone as a Service (DaaS) business, citing the city’s aerospace talent pool and favorable operating conditions. The company, currently valued at $176 million, has demonstrated strong revenue growth of 127% over the last twelve months, though InvestingPro analysis indicates it remains in growth investment mode.
The company is securing a 20,000 square-foot facility to serve as a central hub for its nationwide operations and Southeast regional offices. The location will support ZenaTech’s growing network of acquisitions and the integration of its drone services. With a healthy current ratio of 6.78 and moderate debt levels, InvestingPro data shows the company maintains strong liquidity to support its expansion plans. Subscribers can access 8 additional key financial insights about ZENA’s growth trajectory.
"Orlando’s unique combination of aerospace talent, government partnerships, year-round operating conditions, and a supportive business climate makes it the ideal choice for establishing our DaaS headquarters," said Shaun Passley, ZenaTech CEO.
The company currently employs three DaaS staff members in Orlando and plans to expand to 10 by the end of 2025 and up to 50 by the second quarter of 2026. Positions will include business development, marketing, drone pilots, survey technicians, and operations staff.
ZenaTech also intends to establish a dedicated business and surveying office expected to add at least 10 specialized surveying professionals.
The company has completed 10 U.S. acquisitions toward its goal of establishing 25 DaaS locations by the end of Q2 2026. Its business model provides customers with on-demand or subscription access to drone services for surveying, inspection, and other applications.
According to the press release, the global drone services market is estimated at $33.55 billion in 2025.
ZenaTech develops technology solutions specializing in AI drones, DaaS, enterprise SaaS, and quantum computing for business and government applications.
In other recent news, ZenaTech, Inc. has been actively expanding its Drone as a Service (DaaS) business through a series of strategic acquisitions. The company completed the acquisition of A&J Land Surveyor, a Florida-based firm known for its expertise in complex surveying projects across aviation, utility, and infrastructure markets. This marks ZenaTech’s tenth acquisition in the DaaS sector. Additionally, ZenaTech signed offers to acquire several other companies, including a Colorado-based land surveying firm and a Washington-based surveying and mapping firm, further enhancing its presence in the Central West and Northwest US regions.
The company is also looking to expand its footprint internationally with an offer to acquire a UK-based telecom tower design firm, its first move into the European market. Furthermore, ZenaTech has signed an offer to acquire a Southeast US-based defense logistics company, which serves a principal branch of the US Department of Defense. These acquisitions align with ZenaTech’s goal of establishing 25 DaaS locations by mid-2026, as well as broadening its services into new sectors and regions.
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