Prostar Holdings Inc Stock Price, News & Analysis

ProStar Holdings Inc. (OTCQX: MAPPF) announces the implementation of its cloud and mobile solution, PointMan^®, by Kokosing Construction Company, a leading heavy highway construction firm. This collaboration aims to enhance efficiency and safety on construction sites by accurately identifying the location of underground utilities, reducing risks and liabilities. ProStar specializes in Precision Mapping Solutions^®, focusing on critical infrastructure management. The adoption of PointMan by major construction firms highlights its importance in mitigating costly underground utility issues.

ProStar Holdings Inc. (TSXV: MAPS, OTCQX: MAPPF) has successfully integrated Trimble's GPS/GNSS receiver with its flagship product, PointMan, for Apple iOS. This integration enhances ProStar’s precision mapping capabilities, allowing for accurate data collection of underground infrastructure. The partnership with Trimble enables ProStar to utilize a wide range of Trimble receivers and software, enhancing their mobile solution's functionality. PointMan is now available on the Apple Store, further broadening its accessibility for users in critical infrastructure management.

ProStar Holdings Inc. (TSXV: MAPS, OTCQX: MAPPF) has announced the integration of its PointMan product with Trimble GPS/GNSS receivers for iOS. The new partnership with Trimble allows ProStar to support a range of Trimble receivers, including the lightweight DA2, leveraging its advanced GNSS technology. This collaboration enhances PointMan's capabilities in precision mapping for critical infrastructure, making it available on both Android and iOS devices. The integration marks a significant step in ProStar’s business expansion in the geospatial technology sector.

ProStar Holdings Inc. (OTCQX: MAPPF) has been named among the World’s Most Innovative Companies for 2022 by Fast Company, ranking as the 2nd most innovative Small and Mighty Company. This recognition highlights ProStar’s impact in the precision mapping industry, specifically for its efforts in preventing damages to buried infrastructure, which costs the U.S. economy $30 billion annually. CEO Page Tucker expressed pride in this accolade, underlining ProStar’s commitment to innovation and its contributions to enhancing public and environmental safety.

ProStar Holdings (MAPPF) announced the grant of Canadian Patent No. 2980438, a significant development in precision utility mapping and data collection. This patent, the company's 21st, enhances their extensive intellectual property portfolio and introduces an improved method for calculating utility asset tolerance zones. The innovation aims to reduce damages during construction and improve data delivery efficiency. With advancements in mobile and GPS technology, ProStar positions itself as a leader in utility damage prevention, supporting its flagship product, PointMan.

ProStar Holdings Inc. (MAPPF) announced that Landmark EPC will use its PointMan precision mapping solution to map buried infrastructure in Boulder, improving utility locating practices. This comes in response to challenges in accurately locating sewer mains during the city’s fiber-optic expansion. The partnership aims to reduce damages and delays in construction by utilizing ProStar’s advanced technology, which is designed to efficiently handle critical infrastructure data. The move aligns with the growing needs of the $1.2 billion Underground Utility Locating Market in the U.S.

ProStar Holdings Inc. (OTCQX: MAPPF) has appointed Joel Sutherland as VP of Corporate Development and Investor Relations. Sutherland will focus on mergers and acquisitions, divestitures, and investor relations initiatives. He brings over 20 years of Wall Street experience, having worked at firms like Bank of America Merrill Lynch and BMO Capital Markets. The company has also entered a month-to-month agreement with Sutherland’s firm, paying a monthly fee of $7,500 and granting him 400,000 stock options, vesting over two years. ProStar is a leader in Precision Mapping Solutions, enhancing workflows across critical infrastructure sectors.

ProStar Holdings Inc. (OTCQX: MAPPF) will participate in the Lytham Partners Winter 2021 Investor Conference from December 13-16, 2021. The company will host a webcasted Fireside Chat on December 13 at 11:00 am ET, discussing its vision for 2022, which will be available on its website. Investors can arrange 1x1 meetings with management through Lytham Partners. ProStar specializes in Precision Mapping Solutions, offering its flagship product PointMan as Software as a Service, enhancing the lifecycle management of critical infrastructure.

ProStar Holdings Inc. (MAPPF) has announced that Grinnell College has chosen its PointMan® solution for improved management of its critical infrastructure on the 120-acre campus. This decision highlights ProStar's effectiveness in providing precision mapping solutions essential for safety and operational efficiency. Grinnell College's need for accurate underground infrastructure mapping underscores the growing demand for ProStar's technology among various sectors, including educational institutions, enhancing its reputation across different industries.