DIRTT Gains Over $7 Million in New Projects as Market Activity Accelerates

Executive Summary

• DIRTT announced over $7 million in new project contracts across five clients, including a $1.5 M hospital project in El Paso and a $4.7 M multi‑phase outpatient care project for Ohio State University Wexner Medical Center.
• The 12‑month forward pipeline grew 1.2% from Sep 1 2025 to Oct 1 2025, indicating continued demand for DIRTT’s interior construction system.
• Market sentiment is positive, with the Dodge Momentum Index up 33% year‑over‑year, supporting expectations of further growth.

Key Details

• New Contracts Total: > $7 M across five clients in healthcare, workplace, and aviation sectors.
• Hospital of Providence (El Paso, TX): Contract value > $1.5 M.
• Ohio State University Wexner Medical Center Outpatient Care – Powell: $4.7 M contract covering 20 phases, scheduled through April 2026.
• Pipeline Growth: Forward‑looking 12‑month pipeline increased 1.2% (Sep 1 2025 → Oct 1 2025).
• Market Indicator: Dodge Momentum Index rose 33% YoY, signaling expanding construction planning activity in key markets.
• CEO Quote: Benjamin Urban highlighted “depth and strength of our client relationships” and confidence from repeat customers as drivers of momentum.

Notable Quotes

“Our recent project wins demonstrate the depth and strength of our client relationships,” said Benjamin Urban, CEO of DIRTT. “Growing momentum across multi‑phase projects and repeat customers reflects confidence in DIRTT’s construction system while broader market indicators continue to show a positive outlook for growth.”