ZenaTech, Inc. announced it has signed a Letter of Intent (LOI) to acquire a fourth land survey engineering company, located in the US Southeast region in Florida. This acquisition further expands ZenaTech’s Drone-as-a-Service (DaaS) operations in the region.
The company's subsidiary, ZenaDrone, plans to produce hundreds of ZenaDrone 1000 drones to assist Florida and other hurricane-prone states in managing natural disasters, including search and rescue with drone swarms. A significant landfalling hurricane incurs an average damage cost of $22.8 billion.
CEO Shaun Passley, Ph.D., stated that Florida will be part of the 'Sky Traffic' project, utilizing AI drone swarms and quantum computing algorithms to process vast amounts of real-time data. This will enable faster and more optimized response and damage assessments, with ZenaTech hiring additional Ph.D.'s in physics and quantum computing for the project team.
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