DIRTT Reports Significant Project Wins and Increased Pipeline Growth
Globenewswire·2025-09-16 12:00

Core Insights - DIRTT Environmental Solutions Ltd. has announced recent project awards and a strengthened forward pipeline, indicating ongoing commercial momentum across various sectors [1] Project Awards - DIRTT secured a $3.5 million contract with Google for a one-million square-foot development at its Caribbean campus in Sunnyvale, California, which includes DIRTT's latest self-contained pod solution [2] - In healthcare, DIRTT expanded its relationship with Allina Health, securing a $16 million contract for a new patient tower in Minneapolis, MN, which includes seven floors [3] Market Trends - The Dodge Momentum Index increased by 7.5% in August, with commercial planning up nearly 9% and institutional activity, including healthcare, up more than 5%, indicating market expansion [4] - DIRTT's 12-month forward pipeline totals $329 million as of September 1, 2025, reflecting a 5.7% increase compared to July 1, 2025 [4] Company Overview - DIRTT is a leader in industrialized construction, providing a system of physical products and digital tools that enable organizations to create adaptable interior environments across various sectors, including workplace, healthcare, education, and public [5]