on ZenaTech Inc. (isin : CA98936T2083)
ZenaTech Acquires Warehouse Software Companies
ZenaTech Inc. has announced the acquisition of Ecker Capital LLC, which includes InterlinkONE Inc. and Interactive Systems Inc., in an agreement aimed at enhancing its AI drone solution for automated inventory management. This strategic acquisition is poised to integrate advanced software capabilities that will support ZenaTech's ZenaDrone IQ Nano, providing autonomous inventory management for warehouse and logistics sectors.
The acquisition is anticipated to expand ZenaTech’s SaaS portfolio and customer base, contributing to increased recurring revenues. InterlinkONE and Interactive Systems have reported a combined operating income of $354K in revenue over the first nine months of 2024. The deal awaits required shareholder and regulatory approvals.
CEO Shaun Passley emphasized the potential for significant inventory cost savings, projecting improvements in decision making and operational efficiency. The ZenaDrone IQ Nano is tailored for indoor use, featuring capabilities for inventory scanning and facility inspections, enhancing overall warehouse management processes.
R. H.
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