ZenaTech's Energy Growth
ZenaTech's DaaS Oil and Gas Business Strengthens Amid Higher Oil Prices and Canadian Investment
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ZenaTech's drone-based oil and gas business is entering what the company calls a strengthened market, backed by rising oil prices and more than US$500 billion in expected Canadian energy investment over the next decade, according to Ottawa Sun. The company completed its acquisition of Velocity Geomatics — a drone survey firm based in Grande Prairie, Alberta — in July 2026, marking its first deal focused specifically on environmental and regulatory compliance in oil and gas.
The Velocity Group, as it is known, provides drone-based surveys that oil and gas producers need to meet government regulations and environmental standards. ZenaTech says high oil prices are already pushing customers to do more work — and that demand for drone-enabled services like mapping, inspection, and environmental monitoring is expected to grow sharply, according to Northern News.
Velocity Geomatics Acquisition Opens Western Canada Market
ZenaTech closed the Velocity Group deal in July 2026. The Grande Prairie, Alberta-based firm specializes in geomatics — the science of collecting and managing geographic data — using drones. It serves oil and gas producers across Western Canada who need surveys to comply with environmental and regulatory rules, according to The Crag and Canyon.
This is ZenaTech's first acquisition targeting the geomatics space. The company says it fills a key gap in its Drone as a Service, or DaaS, portfolio. DaaS means customers pay for drone services on demand rather than buying their own equipment. Western Canada's energy sector is described as a major growth opportunity for this model, according to Owen Sound Sun Times.
Higher Oil Prices Are Driving More Customer Activity Now
Rising oil prices are giving energy producers more money to spend on operations. That is directly boosting demand for the kinds of services Velocity offers, including land surveys, pipeline inspection, and environmental monitoring. ZenaTech says the timing of the acquisition lines up well with this upturn in customer spending, according to Ontario Farmer.
Drone-based surveys are faster and cheaper than traditional ground crews. For oil and gas companies trying to move quickly in a strong price environment, that efficiency matters. ZenaTech says its AI-powered drones can cover large, remote areas in Western Canada that are difficult to reach on foot or by vehicle, according to Recorder.
US$500 Billion in Canadian Energy Spending Fuels Long-Term Outlook
The broader backdrop is enormous. More than US$500 billion in Canadian energy investment is expected over the next decade. That level of spending would mean new pipelines, new wells, and new facilities — all of which require the kind of surveying and compliance work that Velocity provides, according to Ottawa Sun.
ZenaTech sees this investment wave as a long runway for its DaaS business in oil and gas. Regulatory and environmental surveys are not optional — producers must complete them before and during construction. That makes demand for Velocity's services relatively steady, even as oil prices move up and down, according to Northern News.
ZenaTech's Broader AI and Drone Technology Platform
ZenaTech is not only a drone company. It also builds enterprise software and is developing Quantum Computing solutions. The company's AI drone technology sits at the center of its business, and the DaaS model lets it sell services to industries like oil and gas, defense, agriculture, and utilities, according to The Crag and Canyon.
The Velocity acquisition adds a specialized team and an established client base in one of Canada's most active energy regions. ZenaTech says combining Velocity's local expertise with its own AI and drone platform is key to competing for a share of the massive spending wave expected across Western Canada's energy sector, according to Owen Sound Sun Times.
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