# ZenaTech Closes 28th Drone as a Service Acquisition, Adding a Canadian-based Civil and Structural Engineering Firm with Customers Across Five Provinces
VANCOUVER, British Columbia, Aug. 20, 2026 [(GLOBE NEWSWIRE)](https://www.globenewswire.com/) \-- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that it has completed the acquisition of Canadian-based engineering firm [Cogswell Engineering, Ltd](https://www.globenewswire.com/Tracker?data=1vUVeij8pmvfbG3-fVG0ynS0k2dz1Lz9Rh_AhMCkoWD73DHqC7-80yb7lzOiFkgsZ4P-zv4PMNlpRd9jgLobcYIU7VwDZENMQkGQ2LbLTJ5nHrft1ude7GzUY0ZU4tZS). (Cogswell), located in Dartmouth, near Halifax, Nova Scotia. Cogswell is a full-service civil, structural, mechanical and electrical engineering firm serving builders, construction companies, public works authorities and multi-jurisdictional organizations across five provinces. The acquisition marks ZenaTech's 28th Drone as a Service acquisition to date, its third in Canada, and its second in the Halifax region.
"This acquisition strengthens our Drone as a Service footprint in Atlantic Canada and extends our platform into civil and structural engineering design work," said Shaun Passley, Ph.D., ZenaTech CEO. "With provincial licensing and an established client base spanning five provinces, Cogswell provides an ideal platform for our acquisition and expansion strategy. We see significant opportunities to broaden its service offerings through drone-enabled surveying, structural inspections, construction monitoring and stormwater management, creating new recurring revenue opportunities while delivering greater efficiency and value to commercial and public works customers."
ZenaTech plans to offer drone-based site inspections, structural monitoring and 3-D data capture through its ZenaWorx platform, complementing Cogswell's existing civil and structural engineering design services. The drone inspection and monitoring market, which, according to [The Business Research Company](https://www.globenewswire.com/Tracker?data=h9YoyKaMEF28TwhPLW58xclG3PyL66-XTBu0DZNnHT7tGEjvxS9BrVGqVh_fHwgevROVlu7B0lGnayL0N6xfEI7Wl1XsSokaeuR5TzSg67UH8WStTQl2JID4qNGOPPzQ5jU27fJ9tybmBBcHeap1dxMOBYuwcq0M5Ktjwhkaiaa6P5dGu8PrCpcX5TMr9mqFTOQoDsO2oGPLx2cIQ2v-6Q==), is growing at 19% per year and projected to reach almost $37 billion by 2030. Management believes the acquisition will support recurring drone services that improve speed, efficiency, analytics, data and safety for engineering and construction customers across Atlantic Canada and beyond.
Drones are changing how civil, structural and engineering firms collect data, inspect assets and plan projects. Using advanced cameras, LiDAR, thermal imaging and precision mapping technology, drones can quickly capture detailed information on buildings, bridges, construction sites and other infrastructure that would traditionally require more time, equipment and personnel to collect. This data can be used for surveying, 3-D modeling, structural inspections, construction monitoring, engineering design and ongoing asset management. By making data collection faster, safer and more cost-effective, drones can help engineering teams make better decisions, reduce project costs and improve productivity, which in turn creates a growing opportunity for drone-based services across the infrastructure and engineering markets.
ZenaTech's Drone as a Service platform provides business and government customers with subscription-based drone services using its own ZenaDrone product platforms, for a host of surveying, inspections, maintenance, power washing, and precision agriculture solutions—eliminating the need for customers to own, operate and maintain commercial-grade drone fleets. Through the acquisition of established, profitable but under digitized service businesses, ZenaTech is building a scalable global DaaS network and AI autonomy platform, with recurring revenue and an existing customer base, while integrating advanced drone technologies to deliver greater speed, precision, safety, and data-driven insights. The Company continues to expand its geographic footprint, service offerings, and drone capabilities to drive long-term growth.
