ZenaTech, Inc. (NASDAQ: ZENA) announces it has signed an offer to acquire a Florida-based power washing company with multiple locations across two states.
The company, a technology business solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, has a 15-year background serving commercial, government, industrial and homeowner association clients with modern pressure cleaning services to maintain and preserve building exteriors and roofs, industrial sites, public spaces, and parking lots.
“Expanding our Drone as a Service footprint in the power washing services across more locations and US states opens up significant opportunities to integrate our drones in a sector experiencing almost 17% annual growth,” said CEO Shaun Passley
“Drone-enabled power washing makes cleaning services safer, faster, and more affordable by replacing scaffolding and lift equipment with advanced drone technology to more easily cover building, roof, and public space surfaces. We are transforming a traditional, labor-heavy service into a high-growth, technology-driven business with better margins, stronger differentiation, and a clear advantage as safety, efficiency, and sustainability standards rise.”
The global drone power washing market falls under a broader drone cleaning services market category that was valued at approximately USD $4.36 billion in 2023 and is projected to reach USD $13.2 billion by 2030, growing at a compound annual growth rate (CAGR) of almost 17% according to market analyst Valuates Reports.
ZENA shares stumbled 6.5 cents, or 1.7%, to $3.76.
