Mergers & AcquisitionsMedium15 September 2026
1 min read

ZenaTech Acquires Merritt Paul to Expand Drone Services in Energy and Construction

Key Facts

1ZenaTech completed its 29th Drone as a Service (DaaS) acquisition by purchasing Merritt Paul.
2The acquisition adds expertise in utility-scale solar, transportation, and construction to ZenaTech's portfolio.

In a move reflecting the accelerating reliance on technical solutions for infrastructure, ZenaTech has finalized its acquisition of Merritt Paul. This transaction marks the company's 29th expansion within the Drone as a Service (DaaS) sector, signaling a clear growth strategy to strengthen its market presence. According to reports, the move is designed to integrate drone technologies into maintenance and monitoring operations across vital industries.

The acquisition adds specialized technical expertise to ZenaTech's portfolio, particularly in utility-scale solar, transportation, and construction sectors. This expansion aligns with the company's goal of providing integrated aerial data solutions for major infrastructure projects. Per market data, firms in this space are increasingly seeking operational efficiencies by acquiring niche players with established client bases and specific technical capabilities.

Regarding market performance, ZENA shares stood at $1.48 (at close September 14, 2026), with the stock reaching a day high of $1.51 and a low of $1.45 during that session. With no immediate catalysts in the upcoming economic calendar specifically targeting the micro-cap tech sector, investors will be watching ZenaTech's ability to integrate Merritt Paul’s operations and the subsequent impact on profit margins in future quarters.