Precision Mapping Technology Leader Sees Doubling of Revenue from US Infrastructure Buildout
April 12, 2022
TSX Venture Exchange
Trading Symbol: MAPS
Trading Symbol: MAPPF
The US construction market is due to grow at roughly 5% annually, and the market for ProStar’s PointMan should grow with it. In addition, the US infrastructure buildout should get a major boost from the $1.2 trillion Federal infrastructure bill that passed in the fall of 2021, of which several hundred billion is earmarked for critical infrastructure—including water systems, sewage systems, and broadband (fiber). Infrastructure work both above and below ground requires knowing what is below ground.
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