Water Tower Research begins coverage on ProStar, a developer of patented mapping software

Water Tower Research Managing Director John Roy tells Proactive the research firm has initiated coverage on ProStar Holdings (TSX-V:MAPS, OTCQX:MAPPF), a developer of patented mapping software. Roy says ProStar solves a major problem for infrastructure projects where it can digitally map what is located under the earth’s surface with 1 cm accuracy. Roy says the 2021 US infrastructure bill is good news for ProStar, and is poised to materially ramp sales for its software as a service offering for underground precision mapping of existing infrastructure.