D o e captu e lets su vey c ews map a e ti e school campus i about the time static LiDAR eeds fo a si gle pa ki g lot, positio i g Ze aTech fo ecu i g wo k i a d o e sola i spectio ma ket p ojected to each $3.2 billio by 2032
VANCOUVER, B itish Columbia, Nov. 06, 2026 (GLOBE NEWSWIRE) — Ze aTech, I c. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“Ze aTech”), a tech ology solutio p ovide specializi g i AI (A tificial I tellige ce) d o e, D o e as a Se vice (DaaS), e te p ise SaaS, a d Qua tum Computi g solutio s, a ou ces that its D o e as a Se vice busi ess has e te ed the sola su veyi g ma ket with two co t act awa ds totali g mo e tha $110,000 fo sola school campus a d mu icipal p ojects. A thi d p oject valued at about $60,000 is expected to be awa ded withi 90 days, a d ma ageme t expects the clie t to ge e ate oughly $150,000 i eve ue pe qua te , o about $600,000 ove the ext 12 mo ths.
“Sola develope s ca ’t desig a si gle a ay u til they have p ecise site data, a d that fi st su vey is whe e d o es cha ge the eco omics,” said Shau Passley, Ph.D., Ze aTech CEO. “With static LiDAR, eve y hou a c ew spe ds i the field ge e ates five to seve hou s of data a alysis office wo k. A d o e cove s five times the a ea i that same hou a d combi ed with AI p ocessi g, the value multiplies o eve y p oject. These awa ds put us i f o t of sola develope s at the ve y sta t of a p oject, a d we see a clea path to ecu i g i spectio wo k ove the life of each i stallatio .”
The co t acts cove as-built su veys of school pa ki g lots whe e sola ca opies will be built ove pa ki g stalls, givi g each campus shade a d weathe p otectio while it ge e ates its ow powe . Ze aTech’s su vey team delive s the fi ished su vey to the clie t’s desig team, which uses it to lay out the sola a ays. Field data captu e is complete at the fi st six school sites, which a e ow i p ocessi g, a d wo k at a seco d campus is scheduled to begi i the comi g weeks. Site su veys a e the fi st step i sola e gi ee i g, p ocu eme t a d co st uctio (EPC), a U.S. ma ket that The Busi ess Resea ch Compa y values at $79 billio i 2025 a d p ojects will each $101 billio by 2030.
The p ojects also demo st ate the logical eplaceme t of static LiDAR with d o e su veyi g o la ge sites. I ma y states, sola p ojects at la ge facilities must pass state a chitect eview, which weighs how a p oject affects the e ti e campus beyo d the pa ki g a ea bei g built out. Static LiDAR sca e s must be eset oughly eve y 70 feet, which makes campus-wide cove age expe sive. Ma ageme t believes a d o e ca captu e a full 10-ac e campus i the same time a static sca takes fo a 2-ac e pa ki g lot, o less. Ze aTech is u i g a p oof of co cept o th ee of the sites, two of them complete, compa i g d o e-captu ed campus data with static sca s of the p oject limits.
Ze aTech’s app oach to su veyi g fo sola i f ast uctu e co st uctio combi es lice sed su veyi g expe tise, d o e-based data captu e a d ce t alized AI data p ocessi g withi its DaaS etwo k. D o es captu e de se topog aphic measu eme ts to suppo t site pla i g a d co st uctio , while su veyo s establish g ou d co t ol poi ts a d ve ify accu acy. The Compa y’s p op ieta y AI softwa e suite, with fo mal testi g ac oss the DaaS etwo k pla ed fo 2027, is desig ed to classify millio s of 3D measu eme ts a d ext act featu es eeded fo su vey delive ables. By educi g outi e field measu eme ts a d automati g po tio s of data p ocessi g, Ze aTech expects to sho te su vey tu a ou d times, lowe labo costs pe p oject a d i c ease existi g c ews’ capacity to take o additio al assig me ts, while helpi g sola p oject develope s adva ce co st uctio pla i g a d educe the pote tial costs of delays.
O ce pa els a e i stalled, the oppo tu ity shifts f om a o e-time su vey to ecu i g se vice. Sola clie ts a e al eady aski g about d o e i spectio s that use i f a ed imagi g to fi d mic o-f actu es a d ove heati g pa els, alo g with pa el clea i g. Ze aTech pla s to offe this wo k with its IQ Squa e outdoo i spectio s a d mai te a ce d o e. Acco di g to C ede ce Resea ch, the global d o e sola i spectio ma ket was valued at about $1.02 billio i 2024 a d is p ojected to each about $3.22 billio by 2032, g owi g 14.4% pe yea .
Ze aTech’s D o e as a Se vice platfo m p ovides busi ess a d gove me t custome s with subsc iptio -based d o e se vices usi g its ow Ze aD o e p oduct platfo ms, fo a host of su veyi g, i spectio s, mai te a ce, powe washi g, a d p ecisio ag icultu e solutio s, elimi ati g the eed fo custome s to ow , ope ate a d mai tai comme cial-g ade d o e fleets. Th ough the acquisitio of established, p ofitable but u de -digitized se vice busi esses, Ze aTech is buildi g a scalable global DaaS etwo k a d AI auto omy platfo m, with ecu i g eve ue a d a existi g custome base, while i teg ati g adva ced d o e tech ologies to delive g eate speed, p ecisio , safety, a d data-d ive i sights. The Compa y’s D o e as a Se vice global geog aphic footp i t cu e tly co sists of almost 45 locatio s, i cludi g i 14 U.S. States, Ca ada, Eu ope, UAE a d Aust alia.
Ze aTech, I c. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a tech ology compa y that specializes i AI auto omy d o e platfo ms to t a sfo m comme cial, gove me t, a d defe se secto s. Its subsidia ies i clude d o e ma ufactu i g th ough Ze aD o e, a global D o e as a Se vice (DaaS) busi ess, a d a e te p ise SaaS divisio of softwa e b a ds. The Compa y is executi g a acquisitio -led DaaS oll-up st ategy to digitize a d automate legacy se vice i dust ies i cludi g la d su veys a d i spectio s, d ivi g d o e-based scalable a d ecu i g eve ue g owth. With a ope ati g footp i t spa i g No th Ame ica, Eu ope, the Middle East, Asia, a d Aust alia, Ze aTech is adva ci g AI d o es fo ag icultu e a d logistics, as well as ISR, ca go, a d cou te -UAS applicatio s fo U.S. defe se a d NATO allies. The compa y is i vesti g i ext-ge e atio tech ologies, i cludi g d o e swa ms, qua tum computi g, a d adva ced AI auto omy to captu e lo g-te m oppo tu ities i key ma kets th ough its R&D i itiatives.
Ze aD o e, a subsidia y of Ze aTech, develops a d ma ufactu es AI-powe ed multifu ctio auto omous d o e solutio s i teg ati g machi e lea i g, p edictive a alytics, a d adva ced computi g tech ologies, fo gove me t, defe se, a d i dust ial applicatio s. This i cludes multifu ctio al d o es fo su veyi g, i spectio s, logistics, secu ity, a d defe se applicatio s. Its p oduct po tfolio i cludes the Ze aD o e 1000 fo ISR defe se a d specialized ca go, the IQ Na o fo i doo i ve to y ma ageme t a d secu ity, the IQ Squa e fo outdoo i spectio s a d mai te a ce, the IQ Quad fo la d su veyi g, a d the IQ Aqua fo u de wate applicatio s. Ze aD o e ope ates th ee global ma ufactu i g facilities i A izo a, Dubai, a d Taiwa , a d is adva ci g cou te -UAS ma itime i te cepto d o es a d a i teg ated defe se system.
This p ess elease a d elated comme ts by ma ageme t of Ze aTech, I c. i clude “fo wa d-looki g stateme ts” withi the mea i g of U.S. fede al secu ities laws a d applicable Ca adia secu ities laws. These fo wa d-looki g stateme ts a e subject to the safe ha bo p ovisio s u de the P ivate Secu ities Litigatio Refo m Act of 1995. This fo wa d-looki g i fo matio elates to futu e eve ts o futu e pe fo ma ce of Ze aTech a d eflects ma ageme t’s expectatio s a d p ojectio s ega di g Ze aTech’s g owth, esults of ope atio s, pe fo ma ce, a d busi ess p ospects a d oppo tu ities, i cludi g stateme ts about a ticipated co t act awa ds a d eve ue f om sola su veyi g clie ts, su vey p oductivity, a d the t a sitio of su vey wo k to Ze aD o e ha dwa e a d Ze aTech softwa e. Such fo wa d-looki g stateme ts eflect ma ageme t’s cu e t beliefs a d a e based o i fo matio cu e tly available to ma ageme t. I some cases, fo wa d-looki g i fo matio ca be ide tified by te mi ology such as “may”, “will”, “should”, “expect”, “pla ”, “a ticipate”, “aim”, “seek”, “is/a e likely to”, “believe”, “estimate”, “p edict”, “pote tial”, “co ti ue” o the egative of these te ms o othe compa able te mi ology i te ded to ide tify fo wa d-looki g stateme ts. Fo wa d-looki g i fo matio i this docume t i cludes, but is ot limited to Ze aTech’s expectatio s ega di g its eve ue, expe ses, p oductio , ope atio s, costs, cash flows, a d futu e g owth; expectatio s with espect to futu e p oductio costs a d capacity; Ze aTech’s ability to delive p oducts to the ma ket as cu e tly co templated, i cludi g its d o e p oducts i cludi g Ze aD o e 1000, IQ Squa e, IQ Na o, IQ Quad, Ze aTech 2000, IQ Glide , IQ Sphe e, IQ Aqua a d I te cepto P-1; Ze aTech’s ability to develop p oducts fo ma kets as cu e tly co templated; Ze aTech’s a ticipated cash eeds a d it’s eeds fo additio al fi a ci g; Ze aTech’s i te tio to g ow the busi ess a d its ope atio s a d executio isk; expectatio s with espect to futu e ope atio s a d costs; the volatility of stock p ices a d ma ket co ditio s i the i dust ies i which Ze aTech ope ates; political, eco omic, e vi o me tal, tax, secu ity, a d othe isks associated with ope ati g i eme gi g ma kets; egulato y isks; u favo able publicity o co sume pe ceptio ; difficulty i fo ecasti g i dust y t e ds; the ability to hi e key pe so el; the competitive co ditio s of the i dust y a d the competitive a d busi ess st ategies of Ze aTech; Ze aTech’s expected busi ess objectives fo the ext twelve mo ths; Ze aTech’s ability to obtai additio al fu ds th ough the sale of equity o debt commitme ts; i vestme t capital a d ma ket sha e; the ability to complete a y co templated acquisitio s; cha ges i the ta get ma kets; ma ket u ce tai ty; ability to access additio al capital, i cludi g th ough the listi g of its secu ities i va ious ju isdictio s; ma ageme t of g owth (pla s a d timi g fo expa sio ); pate t i f i geme t; litigatio ; applicable laws, egulatio s, a d a y ame dme ts affecti g the busi ess of Ze aTech a d othe elated isks a d u ce tai ties disclosed u de the headi g “Risk Facto s” i the Compa y’s Fo m F-1, Fo m 20-F a d othe fili gs filed with the U ited States Secu ities a d Excha ge Commissio (the “SEC”) o EDGAR th ough the SEC’s website at www.sec.gov. The Compa y u de takes o obligatio to update fo wa d-looki g i fo matio except as equi ed by applicable law. Such fo wa d-looki g i fo matio ep ese ts ma ageme ts’ best judgme t based o i fo matio cu e tly available. No fo wa d-looki g stateme t ca be gua a teed a d actual futu e esults may va y mate ially. Acco di gly, eade s a e advised ot to place u due elia ce o fo wa d-looki g stateme ts o i fo matio .
