ZenaTech, Inc. (NASDAQ: ZENA) shares progressed Tuesday. The company, a technology business solutions concern specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces the acquisition of Vara 3D Inc., a well -established Salt Lake City-area surveying and 3D mapping company.
Vara 3D serves clients across Utah with a strong footprint in California’s solar energy ecosystem. This acquisition marks the expansion of ZenaTech’s Drone as a Service business into the high-growth solar infrastructure market and provides a foundation to expand drone-enabled offerings to speed up new site planning and ongoing inspections and maintenance.
“Closing the acquisition of Vara 3D both expands our service capabilities and accelerates entry into a high-growth market with significant long-term potential,” said ZenaTech CEO Shaun Passley.
“Drones are fundamentally reshaping how solar infrastructure is inspected and maintained. By combining high-resolution imaging, advanced analytics, and autonomous flight, we can detect issues across hundreds of acres in minutes—not days—unlocking massive gains in efficiency, safety, and energy output for operators.
“As solar farms scale to hundreds of megawatts and aging assets require more frequent monitoring, the demand for fast, data-rich, and cost-effective inspection solutions is poised to accelerate.”
ZENA shares gained 20 cents, or 5.3%, to $3.96.
