ZenaTech (ZENA) Strengthens Drone Services with Largest Acquisition, Boosting DaaS Market Presence

ZenaTech, Inc. (NASDAQ:ZENA) ranks among the best drone stocks to buy according to analysts. On August 7, ZenaTech, Inc. (NASDAQ:ZENA) made its eighth and largest acquisition in the drone services industry by purchasing Cardinal Civil Resources, a land surveying and engineering company located in Virginia.

ZenaTech (ZENA) Strengthens Drone Services with Largest Acquisition, Boosting DaaS Market Presence

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The acquisition adds a portfolio of government and commercial clients, including the U.S. Department of Transportation, to ZenaTech’s Drone as a Service (DaaS) operations in Virginia, North Carolina, and South Carolina.

The purchase coincides with possible regulatory reforms for the drone sector. A uniform framework for drone operations would take the place of case-by-case waivers under a rule proposed by U.S. Transportation Secretary Sean Duffy on August 5 to expand Beyond Visual Line of Sight activities.

Vancouver-based IT company ZenaTech, Inc. specializes in corporate software as a service, drone as a service (DaaS), AI drone systems, and quantum computing. By mid-2026, the company aims to have 25 Drone as a Service locations around the country.

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This article is originally published at Insider Monkey.