ZenaTech Revenue Soars
ZenaTech Achieves CAD $33 Million Annual Revenue Run Rate Driven by AI Drone Solutions
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ZenaTech, Inc. has announced a 2026 annualized revenue run rate of approximately CAD $33 million, based on CAD $8.3 million in first-quarter revenue, according to Montreal Gazette. The figure is calculated by multiplying Q1 results by four, reflecting the company's completed acquisitions in its Drone as a Service (DaaS) segment.
CEO Dr. Shaun Passley called the results a validation of the company's core strategy. "The value of drone technology isn't just in the hardware, but in the immediate productivity gains we unlock by acquiring established service businesses and digitizing their manual processes," he said, per Toronto Sun.
DaaS Model Drives Revenue by Buying Established Businesses
ZenaTech's primary growth engine is its DaaS segment. The company acquires mature, profitable service businesses that still rely on manual workflows. It then plugs in its ZenaDrone platform and AI analytics tools. The goal is an immediate productivity boost, according to Sault Star.
The company targets four specific verticals: land survey and geospatial mapping, infrastructure and asset inspection, exterior building cleaning, and general DaaS operations. These are industries where drone technology can replace slow, labor-intensive tasks quickly, Fort McMurray Today reported.
Partnership Acquisition Program Targets Founder-Led Firms
In May 2026, ZenaTech launched its Partnership Acquisition Program. The program focuses on buying founder-led, established, and profitable businesses in the four core verticals. ZenaTech retains the original owners to keep client relationships intact while upgrading the technical side, per Chatham Daily News.
The acquisition targets share one key trait: they are "under-digitized." That means they have steady revenue but lack the capital or know-how to adopt AI or drone tech on their own. ZenaTech calls this a repeatable formula for scale, according to Pembroke Observer.
Regulatory Tailwinds and Industry Skeptics Shape the Outlook
Recent regulatory updates from Transport Canada and the FAA on Beyond Visual Line of Sight (BVLOS) drone operations have helped make the DaaS model commercially viable. Without those clearances, drone crews would still need manual pilots on-site for every job, dramatically cutting efficiency gains, Ontario Farmer noted.
Not everyone is convinced. Some drone industry analysts warn that cultural resistance inside acquired firms is a real risk. "The challenge isn't the drone; it's the 50-year-old surveyor who doesn't trust the data," one senior analyst at DronePath Global said. Others in the tech community also question whether ZenaTech's Quantum Computing capabilities are practically ready or still largely theoretical, per Fort Saskatchewan Record.
CAD $33M Run Rate Points to Further Capital Raises Ahead
Boutique investment analysts view the CAD $33 million run rate as a proof of concept for the DaaS model. Because ZenaTech buys profitable businesses rather than early-stage startups, it avoids the heavy cash burn common at most AI companies, according to Paris Star.
If the run rate holds or grows in Q2 2026, analysts say ZenaTech could be a candidate for a stock market up-listing or a major strategic partnership with a global infrastructure firm. The company is expected to seek additional capital to fuel its Partnership Acquisition Program and expand beyond its current North American focus, Hanna Herald reported.
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