.svg.png){kind=small}
.svg){kind=small}
Patented technology that streamlines locating underground utilities and pipelines
ProStar® is a world leader in Precision Mapping Solutions® and is a Software as a Service (SaaS) company. They aid infrastructure and construction companies by providing them with the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; this is all accomplished in real-time through ProStar’s patented geospatial intelligence software.
A massive U.S. infrastructure bill is in the works that could allocate more than two trillion dollars to overhaul bridges, roads, and public works. ProStar is ready to capitalize on this tremendous opportunity.
Further, the company offers three products, PointMan Plus, PointMan Pro, and PointMan Enterprise. All of them are designed to improve the business operations of any industry that requires knowledge of the precise location of sub-surface infrastructure. By providing real-time access to precise location information, ProStar’s solution significantly decreases liabilities. It also increases productivity during construction and maintenance activities. Current industry practice utilizes paper documents or onsite inspection with a magnetic locate tool and paint or flag markings. Both of these have proven inaccurate. With over 35M miles of underground utilities in the U.S., there have been over half a million utility strikes annually during excavation. Moreover, these result in an annual estimated 30 billion dollar impact to the U.S. economy.
The company has made a significant investment in creating a vast intellectual property portfolio. It includes 19 issued patents in the United States and Canada, with more pending. Furthermore, the patents protect the methods and systems required to digitally capture, record, organize, manage, distribute, and display the precise location of critical infrastructure, including buried utilities and pipelines.
ProStar’s flagship product
ProStar’s flagship product, PointMan®, is natively cloud and mobile and is offered as a Software as a Service (SaaS). The company’s solutions seamlessly connect the field with the office and provide the ability to precisely capture, record, display, and manage critical infrastructure data in real-time, including roads, railways, pipelines, and utilities. Some of the largest entities in North America have adopted ProStar’s solutions, including Fortune 500 construction firms, subsurface utilities engineering (SUE) firms, utility owners, and government agencies.
For more information on ProStar Holdings Inc. (TSX.V: MAPS) please click on the request investor info button.
.png){kind=small}
