ZenaTech (ZENA) will pursue a series of acquisitions to launch its Drone-as-a-Service operations. These acquisitions have the potential to dramatically increase company revenue and will underpin its Drone-as-a-Service business by integrating ZenaDrone’s drone technology into the target company operations. The DaaS business model allows business customers such as farmers, oil and gas companies, environmental firms, or government departments to utilize a complete drone solution for a specific application- i.e., a crop management, inspection, safety, or compliance application, and purchase it on a pay-as-you-go basis rather than having to buy the entire drone hardware and software solution. This business model provides cost-effective access to the enhanced productivity benefits and AI capabilities offered by drone technology to optimize operations and eliminate manual processes. ZenaDrone’s multifunction AI drones will be offered in the DaaS business model both directly by the company and through its business partners. ZenaTech has secured financing for this series of acquisitions from current shareholders.
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