ZenaTech Acquires Canadian Engineering Firm in 28th DaaS Deal
ZenaTech closes its 28th Drone-as-a-Service acquisition, adding Nova Scotia's Cogswell Engineering and expanding its Canadian footprint.
ZenaTech, Inc. (Nasdaq: ZENA) announced Wednesday the completed acquisition of Cogswell Engineering, Ltd., a Dartmouth, Nova Scotia-based firm, marking the company's 28th Drone-as-a-Service (DaaS) acquisition to date and its third in Canada. The deal extends the AI-drone technology provider's reach into the Halifax region for the second time, deepening its presence in Atlantic Canada.
Cogswell Engineering offers full-service civil, structural, mechanical, and electrical engineering to clients spanning five Canadian provinces. Its customer base includes builders, construction companies, public works authorities, and multi-jurisdictional organizations — a broad footprint that positions ZenaTech to layer its drone and AI-powered inspection capabilities onto existing engineering workflows.
Read more Volaris Group Acquires LoginRadius to Expand Security Portfolio →
ZenaTech describes itself as a provider of AI-integrated drone solutions, enterprise SaaS platforms, and quantum computing technologies. The serial acquisition strategy behind its DaaS division reflects a deliberate push to embed drone-based service delivery inside established engineering and infrastructure firms rather than building those client relationships from scratch.
The rapid pace of ZenaTech's acquisition campaign — 28 deals completed — signals an aggressive consolidation play in the fragmented professional services and drone-technology market. Adding a multi-province engineering firm with deep public-sector ties could accelerate the company's ability to win government infrastructure contracts across Canada, where drone-assisted inspection and monitoring services are gaining regulatory acceptance.
Continue reading at GlobalNewswire.
