ZenaTech (ZENA) said Thursday it has agreed to acquire its first land survey company as part of drone-as-a-service strategy.
The identity of the firm acquired and financial details were not disclosed.
Following the acquisition, the firm will become a part of ZenaTech unit ZenaDrone and will offer drones for land surveys in the Southeast US.
The company's shares were up nearly 11% in recent trading.
Price: 6.58, Change: +0.64, Percent Change: +10.77