ProStar and Point One Navigation Form a Strategic Partnership to Revolutionize Precision Mapping and Critical Asset Management Worldwide

Core Viewpoint - ProStar Holdings Inc. has formed a strategic partnership with Point One Navigation to enhance precision mapping and asset management practices globally, aiming to set a new standard in the industry [1][5][8]. Group 1: Partnership and Integration - The partnership with Point One Navigation will integrate its Polaris RTK corrections network into ProStar's PointMan solution, providing customers with centimeter-level accuracy for mapping infrastructure and utilities [4][5][7]. - ProStar is actively forming strategic alliances with industry leaders to enhance its offerings and accelerate market adoption through leveraging partners' distribution networks [2][8]. Group 2: Technology and Accuracy - Current GPS technology offers average accuracy measured in meters, which is insufficient for precise underground mapping [3]. - Point One's Polaris network consists of over 2,000 base stations that enhance GPS/GNSS positioning accuracy across more than 36 countries, ensuring high precision for various applications [4][7]. Group 3: Market Position and Vision - ProStar aims to establish PointMan as the global standard for precision mapping, combining advanced technologies to deliver a comprehensive and affordable solution for customers of all sizes [8][11]. - The integration of Point One's RTK corrections with PointMan is expected to make precision location the default for customers, enhancing usability and performance [8][9].