Welcome to our dedicated page for Dirtt Environmental Solutions news (Ticker: DRTTF), a resource for investors and traders seeking the latest updates and insights on Dirtt Environmental Solutions stock.
DIRTT Environmental Solutions Ltd. (DRTTF) is described as a leader in industrialized construction, combining physical products and digital tools to deliver adaptable interior environments. The company’s news flow reflects its focus on technology-enabled manufacturing, transformation initiatives, and activity across workplace, healthcare, education, and public sector markets.
Recent news releases highlight a range of developments, from executive leadership changes and new board roles to financing arrangements and capital structure actions. DIRTT has reported the departure of its President and Chief Operating Officer and the creation of a Chief Technology Officer role, emphasizing the central role of technology and its proprietary ICE software in design, manufacturing, and delivery processes.
Operational updates in the news include the early termination of a long-term lease for a former Rock Hill, South Carolina manufacturing facility and the consolidation of capacity into Calgary facilities. The company has also reported multi-facility manufacturing operations across North America, including specialized facilities in Calgary and a major production plant in Savannah, Georgia.
On the commercial side, DIRTT’s news has featured project wins and order activity across multiple sectors, including projects with clients such as Visa, Bechtel Corporation, PGA Superstore, ExxonMobil, LinkedIn, and Canada Pension Plan Investment Board, as well as healthcare projects in Texas and Ohio. Financial updates include quarterly results, commentary on tariffs and transformation costs, and announcements related to normal course issuer bids and a financing commitment from the Business Development Bank of Canada.
Investors and observers can use this news feed to follow DIRTT’s transformation efforts, leadership changes, financing decisions, and project pipeline developments as disclosed through its official releases.
DIRTT (OTCQX: DRTTF) reported stronger December commercial activity as customers moved from planning to execution across healthcare, public sector and workplace projects. Planning timelines shortened to ~16 months from 18 months, improving near-term conversion visibility. The company highlighted a major $7 million+ project with U-Haul and multiple engagements with clients including Google Toronto, Merit Energy, Texas Department of Public Safety, and Wealth Distribution Strategies. Broader indicators also improved, with the Dodge Momentum Index +7.0% in December. Management said customers are prioritizing flexibility, speed, and execution certainty as projects advance into actionable phases.
DIRTT (OTCQX: DRTTF) announced two executive leadership updates effective January 12, 2026: Rich Hunter, President and Chief Operating Officer, departed the company, and Aaron Merkin joined as a newly created Chief Technology Officer role. Merkin joins from Fortive and has prior experience at IBM, Dell, and Honeywell; he will focus on advancing DIRTT's technology to optimize operations and increase customer value. DIRTT highlighted its proprietary ICE software as central to design, manufacturing, and delivery, and noted a 2025 Fast Company recognition as number one in Manufacturing for its technology-driven approach.
DIRTT (OTCQX:DRTTF) confirmed an agreement to terminate its Rock Hill, SC lease early, effective December 30, 2025. DIRTT will pay a reduced early termination fee of $1.0 million and is relieved of remaining undiscounted rent obligations of approximately $10.5 million. The company closed the facility in September 2023 and shifted capacity to Calgary.
DIRTT expects recurring annual cost savings of $1.6 million beginning January 2026, will record a one-time non-cash impairment of approximately $2.3 million, and reported a right-of-use asset of $5.9 million and lease liability of $7.7 million as of the dates disclosed.
DIRTT (OTCQX: DRTTF / TSX: DRT) announced a renewal of its Normal Course Issuer Bid to repurchase up to 9,593,878 common shares (5.0% of shares outstanding as of Dec 8, 2025). The Renewed NCIB runs from Dec 22, 2025 to Dec 21, 2026, with a usual daily cap of 8,917 shares, purchases on the open market, and immediate cancellation of repurchased shares.
The company expects to implement issuer repurchase and automatic repurchase plans on Dec 22, 2025; prior NCIB purchases totaled 1,749,974 shares on-market and 3,920,844 shares purchased privately on Feb 13, 2025.
DIRTT (TSX: DRT; OTCQX: DRTTF) reported continued late-year commercial momentum on Dec 16, 2025, driven by accelerating customer decision-making and steady project volume.
Key highlights include more than $15 million in November orders from multiple clients including Visa, Bechtel, PGA Superstore and a new Fortune 500 client, ExxonMobil; additional wins named LinkedIn and Canada Pension Plan Investment Board. Management cited a stronger planning environment, noting the Dodge Momentum Index up 35% year-to-date, and said the growth plan focuses on expanding client support across project lifecycles.
DIRTT (OTCQX: DRTTF) entered a letter agreement with the Business Development Bank of Canada for a committed loan of C$15.0 million, subject to conditions. Following closing, BDC will disburse C$10.0 million initially and C$5.0 million subsequently. The Loan accrues interest at BDC’s floating base rate (currently 6.55% per annum) minus 0.75%, with monthly interest-only payments after the first disbursement and monthly principal repayments beginning May 2026. The Loan matures on April 30, 2032 and is secured by equipment, other personal property, a US$5.0 million readvanceable mortgage on DIRTT’s Chicago property, a corporate guarantee, and landlord waivers. Proceeds will partially refinance outstanding 6.00% convertible debentures due January 31, 2026; the remaining C$1.6 million of debentures will be repaid from cash on hand.
DIRTT (OTCQX: DRTTF) announced board and leadership changes effective November 26, 2025 to accelerate its transformation strategy. Scott Robinson was named Executive Chairman to coordinate and execute the Board’s strategic plan and oversee transformation initiatives. Adrian Zarate was named Chief Transformation Officer, will remain on the Board, and entered an employment agreement through June 30, 2026. In connection with these moves, Holly Hess Groos was appointed Lead Independent Director and Shally Pannikode joined the Corporate Governance and Compensation Committee. Mr. Zarate also resigned his employment at 22NW and stepped down from the Corporate Governance and Compensation Committee.
The company said the next phase will focus on business process optimizations to support long-term growth.
Summary not available.
DIRTT (OTCQX: DRTTF; TSX: DRT) will release its third quarter 2025 financial results on Wednesday, November 5, 2025 after market close. The executive team will host a live conference call and webcast on Thursday, November 6, 2025 at 8:00 a.m. MST (10:00 a.m. EST) to discuss results, with Benjamin Urban, CEO, and Fareeha Khan, CFO, presenting.
Investors and analysts can listen to the live webcast and register to participate in the analyst question-and-answer session. A replay of the webcast will be available on the company's investor website at dirtt.com/investors.
DIRTT (OTCQX: DRTTF) reported over $7 million in new projects advancing across five clients, spanning healthcare, workplace, and aviation sectors on Oct 9, 2025. Key contracts include $4.7M for The Ohio State University Wexner Medical Center Outpatient Care Powell (20 phases through April 2026) and a > $1.5M Hospitals of Providence project in El Paso. The company cited a 33% year‑over‑year rise in the Dodge Momentum Index and a 1.2% increase in its 12‑month forward pipeline from Sept 1 to Oct 1, 2025, indicating steady demand for its interior construction solutions.
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