Zenatech to use quantum computing for wildfire tracking in the western us; part of a third loi for land survey company acquisition

Toronto, dec. 17, 2024 (globe newswire) -- zenatech, inc. (nasdaq: zena) (fse: 49q) ("zenatech"), a technology company specializing in ai (artificial intelligence) drone, quantum computing, drone as a service (daas), and enterprise saas solutions, announces today that it has signed an loi (letter of intent) to acquire a third land survey engineering company. the acquired company, located in the western region of the us, will use drones for land surveys and to survey large tracks of land for wildfires and fire management applications on native american reservations. in addition, quantum computing will be added to ai drone capabilities to accommodate large-size datasets. this third acquisition will form the base of zenatech's drone operations in the western us region, providing local access to the zenadrone 1000 and the iq series of drones, along with the previously announced lois for anchor acquisitions in the southeast and southern regions of the us.
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