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ZenaTech says DaaS organic growth topped 27% and Q3 revenue may reach C$14.8M

11 hours ago
By AI, Created 19:54 UTC, Oct 13, 2026, AGP -

ZenaTech reported 27.1% average organic growth across its Drone as a Service locations in 2026 and said third-quarter revenue could come in above Q2 levels. The results point to continued demand for its drone-enabled surveying and inspection model as the company expands its service network.

Why it matters: - ZenaTech’s Drone as a Service business is growing far faster than the broader surveying market, which the company says reinforces its acquisition-and-automation strategy. - The growth also suggests the company’s recurring-service model is gaining traction as it adds locations and bundles drones with AI-driven workflows.

What happened: - ZenaTech said average organic revenue growth across its DaaS operations reached 27.1% in 2026. - The growth measure covers roughly 20 primarily U.S. DaaS locations added in 2025. - The metric excludes acquisitions completed in 2026. - Some individual DaaS locations posted organic growth above 40% during the period. - ZenaTech estimated third-quarter 2026 revenue of C$13.4 million to C$14.8 million, or US$9.5 million to US$10.5 million. - Second-quarter revenue was C$9.3 million, or about US$6.6 million. - DaaS accounted for about 93% of total second-quarter 2026 revenue. - The revenue estimate is preliminary and unaudited. - Final revenue may differ from the estimate. - The announcement included a company profile tied to ZenaTech’s B2i Digital featured-company listing.

The details: - ZenaTech said the DaaS model works by acquiring survey and inspection businesses, then adding drones and AI into daily operations. - Management said the integration speeds fieldwork and data delivery and automates more of the workflow. - The company said it trains existing land surveyors to become drone pilots, which expands capacity and lowers labor costs. - ZenaTech said marketing investments are building brand awareness and generating sales leads. - The company is also packaging services for fast-growing segments, including AI data center construction surveys and work for large residential homebuilders. - ZenaTech said its 27.1% average organic growth is more than 20 times the 1.3% compound annual growth rate IBISWorld estimates for the U.S. Surveying & Mapping Services industry between 2021 and 2026. - ZenaTech describes DaaS as a subscription or usage-based service model similar to SaaS, but centered on turnkey drone-powered services and data. - The platform uses vertically integrated ZenaDrone drones for surveying, inspections, maintenance, power washing and precision agriculture. - The model is designed to let customers avoid owning, operating and maintaining commercial drone fleets. - ZenaTech says its acquisition-led rollout is building a global DaaS network with recurring revenue and an existing customer base.

Between the lines: - The quarter-over-quarter revenue jump suggests ZenaTech is still scaling, but the bigger signal is the spread between its growth rate and the mature surveying market. - The company is tying growth to both operations and sales execution, which matters because DaaS adoption depends on repeatable field productivity as much as customer demand. - The focus on data centers and homebuilders shows ZenaTech is targeting end markets with strong construction activity and high inspection demand.

What's next: - ZenaTech is expected to keep expanding its geographic footprint, service mix and drone capabilities. - The company said it plans to continue integrating advanced drone technologies to support longer-term growth. - Future results will be shaped by additional acquisitions, broader DaaS adoption and the company’s ability to sustain margin gains from automation.

The bottom line: - ZenaTech is signaling that its DaaS roll-up is producing faster-than-industry growth, with third-quarter revenue likely higher than the prior quarter as the network expands.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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