Northstar Hits ERA Milestone 4, Boosts Calgary Facility Output…

Event summary

Northstar achieved ERA Milestone 4, triggering a $708K grant release pending final report.
Calgary facility peaked at 160 tonnes per day in July before pausing for upgrades.
Q2 2026 revenue at $208,873, down from $142,487 in Q2 2025 due to reduced grant funding.
Company secured a new patent from the USPTO for its asphalt shingle reprocessing technology.

The big picture

Northstar's progress reflects the growing demand for circular economy solutions in construction materials. The company's ability to secure grants and patents underscores its technological edge, but scaling operations reliably will be key to competing with traditional waste management players. With $6.16M in cash reserves, Northstar has runway to refine its model, but investors will watch for tangible revenue growth as processing capacity stabilizes.

What we're watching

Operational Stability: Whether Northstar can sustain peak processing rates after facility upgrades.
Grant Utilization: How the ERA grant funds will be deployed to optimize future facilities.
Market Expansion: The pace at which Northstar can replicate Calgary's success in new locations.