ZenaTech buys 29th drone-services firm, adds solar and rail surveying reach
What's the deal? ZenaTechDealroom has a profile for this one. Try Dealroom →, a Nasdaq-listed provider of AI drones, Drone-as-a-Service (DaaS), enterprise SaaS, and quantum computing tools, has acquired Merritt Paul Land SurveyingDealroom has a profile for this one. Try Dealroom →, a Franklin, Georgia surveying firm. The deal value was undisclosed. It marks ZenaTech's 29th acquisition in its DaaS business.
What each side brings: Founded in 2015, Merritt Paul provides topographic, ALTA, boundary, and construction surveying, with a focus on utility-scale solar and battery-storage projects across the US. The firm is licensed to operate in 17 states and counts a large national transport company among its clients.
What's the endgame? ZenaTech wants to push drone-based inspection into two fast-growing markets: utility-scale solar and transport infrastructure. Merritt Paul's founders, Tyler Bius and Levi George, each bring more than a decade of railway and airport surveying experience.
Why now? Solar farms increasingly use drone thermal imaging to spot faulty modules, wiring errors, and hotspots, cutting inspection time and labour costs versus manual walkthroughs. "The market for drone inspections of solar installations is growing 25% a year, according to market analysts," said chief executive officer Shaun Passley (translated from German).
Market expansion: The acquisition extends ZenaTech's DaaS platform to solar and railway customers, building on Merritt Paul's licences across 17 states and its long-standing base of solar developers, transport firms, and infrastructure clients in Atlanta and southwest Georgia.
The signal: ZenaTech's serial dealmaking — 29 acquisitions in DaaS — reflects a roll-up strategy aimed at riding the shift from manual surveying to AI automation. Verified Market ResearchDealroom has a profile for this one. Try Dealroom → expects the drone-based solar inspection market to grow from $1.2 billion in 2024 to $6.8 billion by 2032, a compound annual growth rate of about 25%.
Read more: pressebox.de
