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ZenaTech Acquires KJM Land Surveying LLC, a Second Acquisition to Accelerate Drone Innovation in Land Surveys and Establish a Southeast Base for its Drone as a Service Business

Jan 23, 2025 - financialpost.com
ZenaTech, Inc., a technology company specializing in AI drones and Drone-as-a-Service (DaaS) solutions, has acquired KJM Land Surveying LLC, a land survey engineering company based in Pensacola, Florida. This acquisition marks ZenaTech's second as part of a strategy to revolutionize the land survey industry by leveraging drone technology for enhanced speed, accuracy, and innovation. The acquisition will serve as the Southeast base for ZenaTech's national DaaS business, which offers drone solutions on a pay-as-you-go basis, similar to the Uber model. This approach aims to disrupt traditional land surveying methods by providing cost-effective access to drone technology for various applications, including land surveying, crop management, and compliance.

ZenaTech's CEO, Shaun Passley, Ph.D., emphasized the potential for significant disruption in the land survey industry, with the acquisition expected to contribute to both short-term and long-term revenue growth. The U.S. Surveying and Mapping Services industry is valued at $10.3 billion and is growing annually. ZenaTech's DaaS model allows clients to utilize drone solutions without purchasing the entire hardware and software, optimizing time and precision while eliminating outdated processes. The company operates globally, with offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS model and partner network.

Key takeaways:

  • ZenaTech has acquired KJM Land Surveying LLC to accelerate drone innovation in land surveys and establish a Southeast base for its Drone as a Service business.
  • The acquisition is part of ZenaTech's strategy to disrupt the land survey industry by using drones for speed, accuracy, and innovation benefits.
  • ZenaTech's DaaS business model allows clients to use drone solutions on a pay-as-you-go basis, providing cost-effective access to enhanced productivity and AI capabilities.
  • ZenaTech aims to significantly disrupt the land survey business at scale using drone technologies, similar to how Uber disrupted the taxi industry.
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