ZenaTech’s Drone as a Service Signs Nearly US$1 Million in Solar Construction Survey Contracts for a U.S. Utility with Potential for US$2.5 Million in Follow-On Revenue
ZenaTech's Drone as a Service division won multiple bids worth nearly US$1 million to perform drone-based topographic surveys for a U.S. utility's solar infrastructure construction project. Management estimates up to US$2.5 million in additional revenue over the next two years, contingent on contract execution and additional awards, with post-construction inspection work a separate potential opportunity.
Key figures
- Deal Value Usd
- 1000000
- Targeted margin range
- 40%-60%
- Potential follow on revenue
- 2500000
- Current margin at acquisition
- approximately 20%
AI analysis
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