Remotely piloted drones with an array of sensors and cameras, LiDAR (Light Detection and Ranging), and GPS systems for capturing high-resolution pictures and data are revolutionizing the land survey industry gathering aerial data across expansive terrains in a matter of hours instead of weeks or months using more traditional photogrammetry methods. 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.
Drone surveying has been very useful for the construction industry by providing important insights with minimal cost and improved efficiency.” 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.
It is expected that the land survey market to remain the top revenue contributor for drone survey service providers.” Active Companies in the drone industry today include ZenaTech, Inc.(NASDAQ: ZENA), Archer Aviation Inc.(NYSE: ACHR), Palantir Technologies Inc.(NASDAQ: PLTR), EHang (NASDAQ: EH), Red Cat Holdings, Inc.(NASDAQ: RCAT).Fact.
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