It is expected that in the coming years, the drone surveying industry will witness continuous technological advancement, resulting in the expansion of service offerings.” ZenaTech (NASDAQ:ZENA) Closes Second Southeast Region Acquisition, Wallace Surveying Corporation, Set to Become the Third Acquisition to Power Its National Drone as a Service (DaaS) Business - ZenaTech, Inc.(FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it has closed the acquisition of Wallace Surveying Corporation ("Wallace”) of West Palm Beach, Florida, a well-established land survey company with thirty years of experience.
Continued… Read this full release by visiting: In Additional ZENA News: ZenaTech’s (NASDAQ:ZENA) 2024 Financial Results Shows Revenue and Assets Increase.2024 Financial Results: As of December 31, 2024, and consistent with its recent 6K filing, ZenaTech’s 2024 full-year revenue increased by 7% to $1.96 million as compared to $1.82 million for the full year of 2023 (all figures in $Cdn.dollars)Comprehensive loss for the period was ($4.04 million) versus ($.251 million) last year due to increased one-time costs of listing on Nasdaq Capital Market from lawyers.accountants, auditors, financial advisor (investment banker) and other going public expensesAssets have increased over 110% to $34.6 million at year-end 2024, up from $16.4 million at year-end 2023.
Continued… Read this full release by visiting: Other recent developments in the drone industry include: Ondas Holdings Inc.(NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that it has secured a $3.2 million purchase order from a governmental entity in the United Arab Emirates (UAE).
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