Ironman International Reports Strong Bid Pipeline and Launches New Pipe Inspection Division

Ironman International Ltd. provides updates on its directional drilling and telecom operations, highlighting over 220 bids submitted, workforce doubling, a new Ironman Pipe Inspection division, and an upgrade to the OTCQB Venture Market.

DC Metrowire Staff
Business
Ironman International Reports Strong Bid Pipeline and Launches New Pipe Inspection Division

Ironman International Ltd. (TSX-V: IMI; OTCQB: IMITF) has provided a comprehensive update on its operations and business activities, emphasizing a strategic focus on business fundamentals, growth, and alignment of staff and suppliers to deliver customer value. The company reported submitting more than 220 bids in December 2025 and January 2026, anticipating a strong workflow for fiscal 2026. Ironman is actively bidding on projects across British Columbia, Alberta, Northwest Territories, Alaska, and the continental United States.

The company’s directional drilling segment experiences seasonal fluctuations, using late fall and winter for preparation and training. In contrast, its telecom segment, Lite Access, provides stable year-round revenues, particularly in the Greater Vancouver Area. The company kept crews busy this winter due to a full work pipeline. Ironman’s workforce doubled from the end of fiscal 2024 to the end of fiscal 2025, reflecting its growth trajectory.

Ironman announced the establishment of a new division, Ironman Pipe Inspection (Ironman PI), which will offer comprehensive inspection services for critical pipeline systems. This division leverages the company’s civil works background to support utility projects across North America and will enable location services on the company’s own projects to prevent expensive delays. More information is available at www.ironmanpi.com.

The company also noted that its common shares have been upgraded to trade on the OTCQB Venture Market under the symbol IMITF, effective February 18, 2026. This upgrade is expected to enhance visibility and liquidity for shareholders. Additionally, Ironman previously awarded incentive stock options to directors, officers, employees, and consultants to align interests with shareholders.

Ironman’s strategy emphasizes reinvesting earnings into training, capital asset purchases, and expansion into new segments. The company owns its equipment and has an internal maintenance department, contributing to its agility in handling projects of varying size and complexity. With a diverse customer base and minimal reliance on third parties, Ironman aims to remain aggressive in bidding to drive growth.

The company expects to announce revenues for fiscal 2025 in March and provide guidance for fiscal 2026, encompassing both telecom and directional drilling operations. Ironman’s focus on relentless execution, bold innovations, disciplined expansion, and alignment is intended to build enduring shareholder value.

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