ZenaTech closes acquisition of Velocity Geomatics in Canada
ZenaTech, Inc.
EPAZZ INC
ZenaTech, Inc. ZENA | 0.00 | |
EPAZZ INC EPAZ | 0.00 |
- ZenaTech completed its acquisition of Alberta-based Velocity Geomatics, operating as Velocity Group, expanding Drone as a Service into oil and gas compliance work.
- Deal marks ZenaTech’s first drone-based geomatics acquisition focused on environmental and regulatory services for oil extraction and pipeline projects.
- Velocity Group runs offices across Alberta, British Columbia, Saskatchewan, with a head office in Grande Prairie, Alberta.
- About 80% of Velocity Group projects already use drones for surveying and geospatial data collection.
- Transaction is ZenaTech’s 25th acquisition since a January 2025 target to reach that level by mid-2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zenatech Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160730OMX_____CNEWS_EN_GNW9763275_en) on July 16, 2026, and is solely responsible for the information contained therein.
