ZenaTech Inc.Acquisition expands drone services into oil and gas environmental compliance, tapping a growing market with established customer base.

ZenaTech has completed the acquisition of Velocity Geomatics Inc., an Alberta-based geomatics firm operating as Velocity Group, marking its 25th acquisition since announcing that target in January 2025 and its first entry into drone-based environmental and regulatory compliance services for the oil and gas sector. The deal establishes a Drones as a Service presence in a market growing at over 28 percent annually, with the global drone inspection market for oil and gas valued at approximately 2.3 billion US dollars and a projected compound annual growth rate of about 28.5 percent. Velocity Group provides geospatial surveying, mapping, and compliance support from offices in Alberta, British Columbia, and Saskatchewan, serving major multinational oil and gas producers, with roughly 80 percent of its current projects already using drone-based workflows. CEO Shaun Passley said the acquisition brings an established customer base and regional expertise while demonstrating the company's ability to meet its publicly stated acquisition goals, and he sees significant opportunity to enhance services with AI-powered drone technology for surveying, mapping, inspections, and infrastructure monitoring.
ZenaTech Inc.Acquisition expands drone services into oil and gas environmental compliance, tapping a growing market with established customer base.