DIRTT Reports Significant Project Wins and Increased Pipeline Growth

DIRTT Environmental Solutions (OTC:DRTTF), a leader in industrialized construction, has secured significant project wins and reported pipeline growth.

Rhea-AI Summary

DIRTT Environmental Solutions (OTC:DRTTF), a leader in industrialized construction, has secured significant project wins and reported pipeline growth. The company landed a $3.5 million contract with Google at its Caribbean campus in Sunnyvale, California, extending their 10-year partnership that spans over 250 projects.

Additionally, DIRTT secured a $16 million contract with Allina Health for a new patient tower project in Minneapolis, building on their existing relationship of over 25 healthcare projects. The company's 12-month forward pipeline reached $329 million as of September 1, 2025, marking a 5.7% increase from July 1, 2025.

Positive

• Secured $3.5 million contract with Google for their Caribbean campus
• Won $16 million contract with Allina Health for new patient tower project
• 12-month forward pipeline increased 5.7% to $329 million
• Strong market indicators with Dodge Momentum Index up 7.5% in August
• Continued growth in both commercial (up 9%) and institutional sectors (up 5%)

Negative

• None.

Argus Sep 16 session

+14.08% close to close Open Argus

Details

News Market Reaction – DRTTF

On Sep 16, the day this news came out, DRTTF closed 14.08% above the previous close.

Data tracked by StockTitan Argus for the Sep 16 session.

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CALGARY, Alberta, Sept. 16, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced recent project awards and a strengthened forward pipeline, underscoring continued commercial momentum across multiple sectors.

DIRTT secured a $3.5 million contract with Google at its Caribbean campus in Sunnyvale, California. The one-million square-foot development spans two buildings and features DIRTT’s latest commercial office innovation, a self-contained pod solution. DIRTT’s 10-year relationship with Google has resulted in more than 250 projects, including its recent New York City headquarters.

In healthcare, DIRTT expanded its long-standing relationship with Allina Health for a new flagship project. The contract contains $16 million in DIRTT scope and includes seven floors of a new patient tower in Minneapolis, MN. To date, DIRTT has completed more than 25 projects with Allina across clinics and surgery centers.

“We’re seeing clear signals of market expansion,” said Benjamin Urban, Chief Executive Officer of DIRTT. “The Dodge Momentum Index jumped 7.5% in August, with commercial planning up nearly 9% and institutional activity, including healthcare, up more than 5%. These trends validate the scale of opportunity in our core sectors and reinforce our confidence in DIRTT’s growth trajectory.”

DIRTT’s 12-month forward pipeline as of September 1, 2025 totals $329 million, an increase of 5.7% compared to July 1, 2025, reported in Q2 2025 earnings.

ABOUT DIRTT

DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule, and outcomes. DIRTT’s interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their spaces as their needs evolve. Headquartered in Calgary, AB Canada, DIRTT trades on the TSX under the symbol “DRT” and on the OTCQX under the symbol "DRTTF".

FOR FURTHER INFORMATION, PLEASE CONTACT

DIRTT Investor Relations at ir@dirtt.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What major contracts did DIRTT (DRTTF) win in September 2025?

DIRTT won two major contracts: a $3.5 million contract with Google at its Caribbean campus in Sunnyvale, California, and a $16 million contract with Allina Health for a new patient tower in Minneapolis.

How much has DIRTT's forward pipeline grown as of September 2025?

DIRTT's 12-month forward pipeline reached $329 million as of September 1, 2025, representing a 5.7% increase compared to July 1, 2025.

What is the scope of DIRTT's relationship with Google?

DIRTT has maintained a 10-year relationship with Google, completing over 250 projects, including Google's recent New York City headquarters and the new Caribbean campus project in Sunnyvale.

What market trends support DIRTT's growth potential in 2025?

The Dodge Momentum Index increased 7.5% in August, with commercial planning up 9% and institutional activity up 5%, indicating strong market expansion in DIRTT's core sectors.

How extensive is DIRTT's partnership with Allina Health?

DIRTT has completed more than 25 projects with Allina Health across various clinics and surgery centers, with the latest being a $16 million contract for a seven-floor patient tower in Minneapolis.