GRAND JUNCTION, Colo., Oct. 09, 2025 (GLOBE NEWSWIRE) -- ProStar® Holdings Inc. (“ProStar®” or “the Company”) (TSXV: MAPS, OTCQX: MAPPF, FSE: 5D00), the developer of PointMan® Precision Mapping Solutions®, is pleased to announce the official launch of LinQD™ (Linking Quantitative Data), an open API next-generation data exchange platform designed to create a unified ecosystem to improve the management of critical infrastructure. Over decades of operating, many large construction companies, utility owners, mu ...

Core Insights - The article highlights the innovative governance model established in Jiujiang, Jiangxi Province, focusing on addressing issues of data fragmentation, regulatory lag, and decision-making reliance on experience [1] - The "Real Scene 3D Jiujiang Empowering Intelligent Governance of Land Space" project has been recognized as a typical case for high-quality development innovation applications by the National Data Bureau and the Ministry of Natural Resources [1] Group 1 - The project utilizes advanced technologies such as aerial oblique photography, laser point clouds, and AI models to achieve comprehensive 3D coverage of 19,000 square kilometers, creating a high-precision twin city that integrates "green mountains, clear rivers, famous cities, and lakes" [1] - This initiative provides precise spatial data support for various scenarios including spatial planning, ecological protection, and project management [1] - The Jiujiang Natural Resources Bureau plans to deepen the application of 3D technology in natural resource management, digital economy development, and public services, aiming to enhance the "Jiujiang model" of governance driven by technology and data [1] Group 2 - The project is the first of its kind in the province to achieve full 3D coverage, which is expected to serve as a replicable and promotable model for intelligent governance of land space [1] - The ongoing efforts will focus on building a 3D application ecosystem to effectively utilize spatial geographic data as a key resource for governance [1]

WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Intelligence, the leading provider of secure, precise geospatial insights, has partnered with Ecopia AI to launch Vividâ"¢ Features, the most accurate 2D and 3D vector maps offered at global scale. This product delivers interoperable vector features of building footprints, road centerlines, and land cover anywhere on Earth—transforming the speed and ease of building up-to-date maps. Vivid Features integrates Maxar's industry-leading satellite imagery and. ...

Group 1 - The Ministry of Natural Resources and the National Bureau of Statistics jointly released a list of 60 typical cases for the application of real-world 3D data to empower high-quality development by 2025 [1] - Three cases from Jiangsu, including "Real-world 3D Assisting Nanjing Low-altitude Economic Industry Construction," were selected in this batch of typical cases [1][2] - The selected cases cover six application scenarios, including supporting natural resource management, empowering government decision-making, aiding digital economic development, serving citizens' quality of life, supporting digital cultural construction, and underpinning digital ecological civilization [1] Group 2 - The case "Intelligent Control of Inland River Locks Based on Real-world 3D" was submitted by multiple local agencies in Taizhou, while "Real-world 3D Assisting Nanjing Low-altitude Economic Industry Construction" was submitted by various organizations in Nanjing [2] - The case "Real-world 3D Empowering the Protection and Utilization of Yixing Shanjuan Cave Scenic Area and Digital Cultural Tourism Construction" was submitted by the Jiangsu Provincial Surveying and Mapping Engineering Institute and local resource planning agencies [2] - The real-world 3D data resources in China have reached a significant scale, with terrain-level real-world 3D covering all land territory and orthophoto imagery covering 22 versions nationwide [3] Group 3 - Urban-level real-world 3D data covers over 300 cities at the prefecture level and above across the country [3] - A comprehensive application service system has been established, encompassing 22 major categories and over 100 application scenarios, including disaster prevention, smart security, historical and cultural protection, land spatial planning, arable land protection, ecological protection, and online tourism [3]

Financial Performance - Operating revenue decreased by 3.4% from $24.75 million in FY24 to $23.90 million in FY25[13, 15] - MetroMap subscription revenue increased by 11.5% to $9.57 million in FY25[12, 14, 18, 65, 68] - Subscription revenue now contributes 40% of total revenue[12, 65] - MetroMap Annual Contract Value (ACV) grew by 12.8% to $10.56 million[13, 14, 16, 18, 65, 69] - 3D revenue increased significantly by 78.4% to $1.53 million[14, 29, 65] - LiDAR revenue decreased by 22.8% to $10.92 million[25, 65] - EBITDA increased by 19.8% from $2.89 million in FY24 to $3.46 million in FY25[13, 68, 70] Strategic Focus - The company is focused on scaling revenue and driving cash generation[66] - Key focus areas for FY26 include driving ACV and off-the-shelf sales for MetroMap, building the MetroMap Program Partner model, and product enhancements[57, 61] - The company aims to build and accelerate the opportunity pipeline for LiDAR and explore new market opportunities in renewables and carbon farming[58, 61] - For Global 3D, the company plans to pursue Australian project opportunities and continue to build awareness and capability in international markets[59, 61]

Core Insights - The Ministry of Natural Resources of China has reported that nearly 300 cities at the prefecture level and above have completed 3D building modeling, which plays a significant role in urban renewal, public service, and empowering the digital economy [1][5]. Group 1: Technological Advancements - China has achieved self-controlled core technologies such as real-world 3D data collection and spatial identity coding, establishing a technical system characterized by intelligent modeling production, integrated management, and knowledge-based service applications [3]. - The Deputy Director of the Land Surveying and Mapping Division, Liao Anping, stated that by the end of 2025, China aims to initially establish a "3D China," with data elements already systematized and scaled [5]. Group 2: Applications and Future Plans - The 3D reality technology utilizes modern technologies like remote sensing, big data, cloud computing, and intelligent perception to create nearly identical 3D models of real-world scenes, forming a nationwide "one network" for sharing and applying 3D data [7]. - Future plans include leveraging advancements in artificial intelligence, large models, and spatiotemporal computing to further expand the application scenarios of 3D reality technology across various industries [7].

Core Insights - The article discusses the launch of the 2025 real-world 3D data initiative in Liaoning Province, aimed at enhancing high-quality development through innovative applications across various sectors [1][2] - Eight typical cases have been identified, covering areas such as firefighting, ecological governance, flood prevention, geological disaster prevention, forest fire management, open-pit mining management, and marine supervision [1] Geographic Data Acquisition - A total of 148,000 square kilometers of land in Liaoning has been mapped using satellite imagery, providing essential data support for natural resource management, ecological monitoring, and urban planning [1] - The foundational geographic data can serve as a base map for digital economic development in urban areas [1] Urban-Level Data Acquisition - Detailed 3D maps have been created for 14 cities in Liaoning, covering approximately 4,841 square kilometers, showcasing urban structures and surface details [1] - This data is crucial for urban planning, construction, and management, facilitating the development of smart applications like smart transportation and smart city management [1] Component-Level Data Acquisition - A "super-clear digital road" has been constructed in Shenyang, spanning 20.17 kilometers, which accurately represents over 70,000 important road components [1] - This data can assist in the development of smart transportation systems, such as optimizing traffic signal timing and guiding autonomous vehicles [1] Future Development Plans - The initiative, started in 2023, has already developed approximately 680,000 square kilometers of varying levels of 3D data, providing a unified spatial foundation for the digital transformation of Liaoning [2] - The provincial authorities plan to expand the application of real-world 3D data across more industries, adhering to principles of data-centricity, application focus, innovation, and safety [2]

Financial Performance - Gross Revenues increased to $234 million, compared to $212.6 million in Q1'24[9, 17] - Adjusted EBITDA increased to $29.7 million, compared to $27.6 million in Q1'24[9, 17] - Gross Profit increased to $123.2 million, compared to $111.7 million in Q1'24[9, 17] - Adjusted EPS increased to $0.17, compared to $0.15 in Q1'24[17] - Cash Flows from Operations increased significantly, with Q1'25 reaching $38.4 million[20] Business Segments - Infrastructure segment experienced a 12% growth in backlog compared to Q1'24[11] - Buildings & Technology segment experienced a 17% growth in backlog compared to Q1'24[11] - Geospatial segment experienced flat growth due to temporary federal delays, but growth acceleration is anticipated in Q2[8] Strategic Initiatives - The company is targeting $40 million in revenue from cross-selling between Q2'25 and Q1'26[12] - Margin expansion is targeted at +150bps compared to FY'24[12, 56] - The company is aiming for a cash flow conversion rate of 60%+[12, 19] Future Outlook - The company projects 2025 Gross Revenues between $1.026 billion and $1.045 billion[72] - The company projects 2025 Adjusted EPS between $1.27 and $1.37[72]