ZenaTech acquires ESM Software to enhance its enterprise SaaS offerings and expand strategic execution solutions.
Quiver AI Summary
ZenaTech, Inc. has announced its acquisition of ESM Software, a Boston-based company that specializes in strategy execution and performance management solutions, enhancing ZenaTech's enterprise SaaS portfolio. ESM, operational since 1998, serves a diverse range of clients globally across several industries, and will bolster ZenaTech's offerings with capabilities in strategy execution and cybersecurity compliance. This acquisition is significant as ESM adds value through its established customer relationships and recurring revenue streams, supporting ZenaTech's recent initiative to develop the Zoo Office platform, an AI-powered enterprise productivity ecosystem. ZenaTech's CEO, Shaun Passley, noted that this integration will strengthen their value proposition, particularly for government and regulated clients. ESM's capabilities will also help ZenaTech streamline operations and enhance compliance measures across various markets.
Potential Positives
- The acquisition of ESM Software strengthens ZenaTech's enterprise SaaS division, enhancing its market presence and customer relationships.
- Integrating ESM's software capabilities into ZenaTech's Zoo Office productivity platform expands the company's offerings in strategy execution, performance management, and cybersecurity compliance.
- This acquisition adds recurring revenue and multi-year customer relationships, contributing to ZenaTech's SaaS portfolio growth.
- The partnership with ESM is expected to accelerate product development and open new markets, particularly in government and defense sectors, leveraging ZenaTech's existing customer base.
Potential Negatives
- The press release emphasizes a significant reliance on acquisitions to fuel growth, which may indicate potential vulnerabilities in organic growth strategies.
- The company outlines a broad range of ambitious expectations related to future growth and product development, which may set the stage for future disappointment if those goals are not met.
- There is a lack of detailed financial metrics or performance indicators related to the acquisition, which may raise concerns about the transparency of the deal and its expected impact on overall financial health.
FAQ
What is ZenaTech's recent acquisition?
ZenaTech has acquired ESM Software, enhancing its enterprise SaaS portfolio and capabilities in strategy execution and performance management.
How will ESM Software benefit ZenaTech?
The acquisition strengthens ZenaTech's SaaS offerings and adds compliance, operational tools, and strategic governance for government and regulated customers.
What industries does ESM Software serve?
ESM serves government, healthcare, utilities, energy, financial services, retail, and global markets including Latin America, Europe, Africa, and Australia.
What is the Zoo Office platform?
Zoo Office is ZenaTech’s beta-stage enterprise SaaS ecosystem designed for productivity, operational tools, and AI capabilities.
When was ESM Software founded?
ESM Software has been in operation since 1998, providing strategy execution and performance management solutions for over 25 years.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ZENA Hedge Fund Activity
We have seen 59 institutional investors add shares of $ZENA stock to their portfolio, and 20 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 2,586,288 shares (+4024.7%) to their portfolio in Q2 2026, for an estimated $3,879,432
- GEODE CAPITAL MANAGEMENT, LLC added 623,290 shares (+3578.2%) to their portfolio in Q2 2026, for an estimated $934,935
- DNB ASSET MANAGEMENT AS removed 434,487 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $651,730
- STATE STREET CORP added 328,300 shares (+inf%) to their portfolio in Q2 2026, for an estimated $492,450
- NORTHERN TRUST CORP added 239,486 shares (+inf%) to their portfolio in Q2 2026, for an estimated $359,229
- MORGAN STANLEY removed 237,639 shares (-50.8%) from their portfolio in Q2 2026, for an estimated $356,458
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 219,079 shares (+51.0%) to their portfolio in Q2 2026, for an estimated $328,618
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$ZENA Price Targets
Multiple analysts have issued price targets for $ZENA recently. We have seen 2 analysts offer price targets for $ZENA in the last 6 months, with a median target of $4.5.
Here are some recent targets:
- Matthew Galinko from Maxim Group set a target price of $5.0 on 06/08/2026
- Barry Sine from Litchfield Hills set a target price of $4.0 on 06/08/2026
Full Release
VANCOUVER, British Columbia, Aug. 25, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces the acquisition of ESM Software , a Boston-based strategy execution and performance management software company. ESM serves government, school systems, healthcare, utilities and energy, financial services and retail customers across the United States and globally in Latin America, Europe, Africa, and Australia. In operation since 1998, the company now supports over 8,000 users and has spent more than 25 years helping organizations turn strategic plans into measurable results. This 13 th addition to the company’s SaaS portfolio of software brands provides important value to its growing platform and adds recurring revenue and long-standing, multi-year customer relationships.
“ESM brings additional strength to our enterprise SaaS division and future Zoo Office productivity offerings by adding a deep market presence and customer relationships,” said Shaun Passley, Ph.D., ZenaTech CEO. “The acquisition expands our software portfolio beyond operational applications by adding enterprise-wide strategy execution, performance management and cybersecurity compliance capabilities, strengthening our value proposition for government and other regulated customers.”
ESM Software delivers strategy execution and performance management solutions that help organizations move a strategic plan out into daily operations and achievement. Through The ESM Platform, the company unifies four connected products: ESM+Strategy for building, tracking and reporting on a strategic plan and scorecard; ESM+OKRs for managing quarterly goals; ESM+Perform for linking employee performance to strategy; and ESM+Cyber for managing cybersecurity, risk and compliance programs. The platform helps organizations develop and communicate strategy across departments, track KPIs through live dashboards and reporting, and visualize progress using dynamic strategy maps. It also simplifies complex work, produces board-ready reports and connects employee goals to the organization’s priorities.
ESM’s software capabilities are expected to be integrated into ZenaTech’s recently unveiled and beta-stage AI-powered enterprise productivity platform, Zoo Office . Zoo Office is being developed to serve as the ZenaTech’s enterprise SaaS ecosystem bringing advanced productivity, operational tools, agentic AI capabilities, and industry-specific applications under a single platform. ESM’s addition to the Zoo Office ecosystem is anticipated to provide additional compliance and strategic governance offerings as well as to help customers reduce software sprawl, connect fragmented data, and make more effective use of AI across their operations
“Partnering with ZenaTech enables ESM to combine our deep expertise in strategy execution and compliance with broader sales capabilities, operational resources and strategic investment,” said Kent Smack, CEO of ESM Software. “Together, we can accelerate product development, deliver greater value to customers and expand into new markets. ZenaTech’s growing presence and customer relationships across government, defense and infrastructure also create opportunities to introduce ESM’s solutions throughout North America, Europe, Australia and other international markets.”
About ZenaTech
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform commercial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and an enterprise SaaS division of software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries including land surveys and inspections, driving drone-based scalable and recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, Asia, and Australia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
[email protected]
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management's expectations and projections regarding ZenaTech's growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech's expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square, IQ Nano, IQ Quad, ZenaTech 2000, IQ Glider, IQ Sphere, IQ Aqua and Interceptor P-1; ZenaTech's ability to develop products for markets as currently contemplated; ZenaTech's anticipated cash needs and it's needs for additional financing; ZenaTech's intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech's expected business objectives for the next twelve months; ZenaTech's ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors” in the Company's Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC's website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.