11:55 AM EDT, 04/23/2024 (MT Newswires) -- ProStar Holdings ( MAPPF ) ,on Tuesday said Stake Center Locating, a large US utility-locating firm, has signed a deal to trial ProStar's ( MAPPF ) flagship product, PointMan Precision Mapping Solution.

Stake Center Locating operates in 48 states, with over 1,200 employees that provide over 850,000 locates per month.

Prostar ( MAPPF ) also reports that Q1 2024 saw YoY growth of 43% and sequential growth of 229%.

It forecasts that Q2 2024 projects represented a sequential growth of 102% and YoY growth of 48%.

The company's sales pipeline currently sits at US$3.3 million and is projected to grow to over $8 million by end of 2024.

ProStar ( MAPPF ) shares were last seen down C$0.005 to C$0.145 on the TSX Venture Exchange.

Price: 0.15, Change: -0.01, Percent Change: -3.33