VANCOUVER, B itish Columbia, July 16, 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 it has completed the acquisitio of G a d P ai ie Albe ta-based Velocity Geomatics I c. doi g busi ess as Velocity G oup, with ope atio s a d offices ac oss Albe ta, B itish Colombia a d Saskatchewa . The acquisitio ma ks Ze aTech’s fi st acquisitio i d o e-based geomatics fo e vi o me tal a d egulato y complia ce a d se vices i the oil a d gas i dust y, establishi g a D o e as a Se vice p ese ce i a secto g owi g at ove 28% a ually. It also ma ks its 25th acquisitio si ce its Ja ua y 2025 stateme t citi g it would achieve that umbe by mid-2026.
“This acquisitio expa ds ou D o e as a Se vice busi ess i to Ca ada’s oil a d gas secto focused o e vi o me tal a d egulato y assessme ts fo oil ext actio a d pipeli es, i o e of the most sig ifica t e e gy ma kets i No th Ame ica. Impo ta tly, it also demo st ates the achieveme t of o e of ou stated goals si ce ou public offe i g i 2024, which was 25 acquisitio s to suppo t ou D o e as a Se vice busi ess. We have mai tai ed a asse tive acquisitio st ategy a d a ticipate setti g ew be chma ks i the ea te m,” said Shau Passley, Ph.D., CEO of Ze aTech. “Velocity G oup b i gs a established custome base, st o g egio al expe tise, a d exte sive expe ie ce suppo ti g d o e-based su veyi g a d geomatics p ojects i cludi g fo some la ge a d multi atio al oil a d gas p oduce s. We believe the e is a sig ifica t oppo tu ity to fu the e ha ce these se vices th ough AI-powe ed d o e tech ology fo su veyi g, mappi g, i spectio s, a d i f ast uctu e mo ito i g applicatio s, e abli g us to establish a co e expe tise that we ca b i g to this fast-g owi g global i dust y.”
Velocity G oup p ovides geospatial la d su veyi g, geomatics, mappi g, a d e vi o me tal a d egulato y complia ce se vices fo Weste Ca adia oil a d gas p oduce s. Ope ati g f om th ee egio al offices a d a head office i G a de P ai ie, Albe ta, the compa y suppo ts p ojects th oughout Albe ta as well as B itish Colombia a d Saskatchewa . Its se vices i clude su veyi g, mappi g, a d p e-site assessme t suppo t fo comme cial i f ast uctu e a d e e gy developme t p ojects. The compa y suppo ts a po tfolio of comme cial clie ts i the oil a d gas secto , i cludi g leadi g e e gy ope ato s a d established atu al gas p oduce s active ac oss upst eam a d i f ast uctu e developme t p ojects i Weste Ca ada.
D o es a e al eady deeply i teg ated i to thei ope atio s, with app oximately 80% of cu e t p ojects utilizi g d o e-based wo kflows as pa t of su veyi g a d geospatial data collectio .
This t a sactio comes at a time whe the global oil a d gas d o e i spectio se vices ma ket is valued at app oximately USD 2.3 billio a d is p ojected to g ow at a compou d a ual g owth ate of app oximately 28.5%, acco di g to ma ket a alysts, d ive by i c easi g adoptio of auto omous i spectio , su veyi g, a d complia ce tech ologies ac oss e e gy i f ast uctu e.
Ze aTech’s D o e as a Se vice platfo m p ovides busi ess a d gove me t clie ts with o -dema d o subsc iptio -based access to faste a d supe io d o e-based se vices fo a host of su veyi g, i spectio , mai te a ce, powe washi g, i ve to y ma ageme t, a d p ecisio ag icultu e se vices, without the capital costs o ope atio al bu de s of ow e ship. By acqui i g established, p ofitable se vice compa ies cu e tly usi g low-tech p ocesses a d ipe fo d o e i ovatio , Ze aTech is buildi g a global, multi-se vice DaaS etwo k of locatio s i commu ities a cho ed by existi g custome s a d eve ue, fo ext-ge d o e i teg atio desig ed fo speed, p ecisio , data, a d safety be efits. The compa y is co ti ui g to build its global busi ess a d etwo k of locatio s as well as its i teg atio of d o es a d ew se vices.
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 i dust ial, 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 sepa ate 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 like la d su veys a d i spectio s, d ivi g d o e-based scalable, 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, a d Asia, 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.
Ze aTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a tech ology compa y specializi g i AI d o e, D o e as a Se vice (DaaS), e te p ise SaaS a d Qua tum Computi g solutio s fo missio -c itical applicatio s fo busi ess, gove me t, a d defe se. Si ce 2017, the Compa y has leve aged its softwa e developme t expe tise a d g ow its d o e desig a d ma ufactu i g capabilities th ough Ze aD o e, to i ovate a d imp ove custome i spectio , mo ito i g, safety, secu ity, complia ce, a d su veyi g p ocesses. With e te p ise softwa e custome s usi g b a ded solutio s i law e fo ceme t, gove me t, a d i dust ial secto s, a d d o es bei g impleme ted i these plus ag icultu e, defe se, a d logistics secto s, Ze aTech’s po tfolio of solutio s helps d ive speed, accu acy, a d cost savi gs. The Compa y ope ates th ough global offices i No th Ame ica, Eu ope, Taiwa , a d UAE, a d is g owi g its DaaS busi ess a d global etwo k of locatio s th ough acquisitio s.
Ze aD o e, a wholly ow ed subsidia y of Ze aTech, develops a d ma ufactu es auto omous d o e solutio s that ca i co po ate machi e lea i g softwa e, AI, p edictive modeli g, Qua tum Computi g, a d othe softwa e a d ha dwa e i ovatio s. C eated to evolutio ize the hemp fa mi g secto , its specializatio has g ow to multifu ctio al d o e solutio s fo su veyi g, mo ito i g, i spectio , t acki g, p ocess automatio , a d defe se applicatio s. Cu e tly, the Ze aD o e 1000 d o e is used fo c op ma ageme t applicatio s a d c itical field ca go applicatio s i the defe se secto , the IQ Na o i doo d o e is used fo i ve to y ma ageme t a d secu ity i the wa ehouse a d logistics secto s, the IQ Squa e is a outdoo d o e desig ed fo powe washi g a d i spectio s use i comme cial a d gove me t secto s, a d the IQ Quad is fo la d su veys.
Co tacts fo mo e i fo matio :
Compa y, I vesto s, a d Media:Li da Mo tgome yZe aTech312-241-1415i vesto s@ze atech.com
I vesto s:Michael Maso CORE IRi vesto s@ze atech.com
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. 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 a d IQ Na o; 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 .
