ZenaTech Signs Three More Drone Survey Contracts with US State Transportation Projects
ZenaTech announced three new drone survey contracts for US government transportation construction projects in the Mid-Atlantic region. Its Department of Transportation work now totals eight projects across three states with about $503,000 in revenue, per the company.
ZenaTech (Nasdaq: ZENA) announced on 10 November that its drone services unit has signed three new survey contracts for government transportation construction projects in the US Mid-Atlantic region, covering roads, intersections and bridges. The scope runs from initial control points through to as-built surveys, including drone mapping and progress monitoring.
With the additions, the company's Department of Transportation work this year totals eight projects across three states, generating approximately $503,000 in revenue and supporting combined construction projects of about $65 million, according to the vendor-reported figures in the release.
The pattern shown is drone survey and progress monitoring being sold as a recurring service under a Drone-as-a-Service model to public project owners, with values equivalent to annual budgets. According to the company, each transportation project “starts and ends with a survey”.