ZenaTech signs offer to acquire UK-based 3D design, modeling company

ZenaTech (ZENA) announces it has signed an offer to acquire an established UK-based 3D design and modeling company serving the Telecom sector. The new potential acquisition provides transmission tower design, upgrade, and inspection services, and marks ZenaTech’s first expansion of its Drone as a Service business into the UK. The Company expects this to both further expand its strategic international footprint in Europe, while also providing new opportunities within the telecommunications and infrastructure sectors. “This proposed acquisition further demonstrates our commitment to expand our DaaS business beyond the US seeking targeted long-term growth opportunities, while continuously seeking new industries poised for drone-enabled transformation opportunity,” said Shaun Passley, Ph.D., ZenaTech CEO. “As telecom networks undergo unprecedented transformation with 5G infrastructure modernization and greater cost controls, the integration of advanced drone-based 3D modeling solutions positions us to help deliver faster and more precise cell tower infrastructure solutions while enhancing safety standards. By combining trusted industry-specific expertise with our drone innovation, we are building a global platform that delivers innovation and efficiencies we can leverage across sectors.”