15:36:39 EDT Tue 10 Mar 2026
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CitroTech Moves Headquarters to Denver South to Advance Cutting-Edge Solutions for Fire Prevention and Asset Protection

2026-03-10 13:00 ET - News Release

Strategically located HQ will leverage local talent, connectivity, and infrastructure to scale and deploy environmentally-friendly fire protection solutions worldwide


Company Website: https://www.citrotech.com
DENVER -- (Business Wire)

CitroTech Inc. (NYSE AM: CITR), the global leader in environmentally safe fire solutions, announced today that it has relocated its corporate headquarters to the Denver South region, maintaining its existing manufacturing operations in Oceanside, California. This move positions CitroTech at the heart of a rapidly growing business corridor that serves as one of the Denver metro area’s most concentrated centers of employment and innovation.

Colorado is among the most wildfire-prone states in the country, with increasingly dry conditions and elevated fire risk driving urgent demand for more effective and environmentally responsible prevention strategies. The latest analyses show that roughly 2.5 million Coloradans live within the wildland-urban interface—areas where human communities border flammable vegetation—and more than one million reside in zones classified as moderate to very high wildfire risk.

By establishing its headquarters in Denver South, CitroTech is placing itself within a region purpose-built to support high-growth, mission-driven companies. The area offers access to a deep, top-tier talent pool, robust global transportation options and state-of-the-art R&D infrastructure, and close proximity to strong strategic partners, including utilities and advanced technology providers. Together, these advantages will help accelerate the deployment of CitroTech’s wildfire mitigation solutions at the state and national levels.

“Denver South isn’t just where we’re locating our headquarters. It’s a launchpad for forming powerful global partnerships, where innovation and impact reinforce each other,” said Wes Bolsen, CEO of CitroTech. “The region’s infrastructure, talent, and connectivity give us the fuel to advance product development and deploy safer wildfire defense solutions across a wide range of at-risk environments.”

The Denver South area, which includes the Denver Tech Center, more than 20 business parks, and over 48 million square feet of office space, has a long history of attracting both established companies and high-growth innovators. Today, more than 250,000 employees work within the region, supported by direct access to I-25 and C-470, nine RTD light rail stations, and proximity to both Denver International Airport and Centennial Airport.

CitroTech’s decision to anchor its headquarters in Denver South underscores the region’s rising reputation as a hub for companies developing solutions to global challenges, particularly in environmental safety and disaster preparedness. As the undisputed leader in eco-friendly wildfire resilience—leading the market as the only solution safe enough for humans and the environment to gain recognition under the U.S. Environmental Protection Agency’s Safer Choice program—CitroTech brings unmatched credibility and technical leadership to the region, further strengthening the growing local innovation ecosystem. The company, which was one of only four to uplist to the New York Stock Exchange in 2025, will look to add both executive and technical leaders to the company in the region as it accelerates commercialization.

Highlighting this commitment, Kevin Schaff has been appointed Vice President of Business Development, based in CitroTech’s new Denver office. He will lead sales, marketing, and communications initiatives, immediately expanding the company’s local leadership and deepening its roots in the region.

“CitroTech’s move to Denver South as one of only two NYSE publicly-traded wildfire prevention and protection companies signals a new chapter in how our region contributes to solving critical challenges,” said Christine Shapard, Senior Director of Economic Development at Denver South. “Their headquarters will support high-quality job creation, diversify our workforce, and reinforce Denver South’s role as a place where businesses, talent, and infrastructure come together to address issues that matter deeply to Colorado and the Western United States.”

About CitroTech Inc.

CitroTech Inc. (NYSE AM: CITR) is manufacturing and deploying the CitroTech family of innovative, environmentally safe fire prevention solutions for homes, wood products, and wildfire prevention and asset protection. CitroTech is the only long-term fire inhibitor recognized by the EPA Safer Choice program and tested to UL Greenguard Gold standards, providing effective and scientifically validated wildfire mitigation while safeguarding human and environmental health. The company’s growing patent portfolio, recurring-revenue model, and scalable approach support its long-term growth and market expansion. For more information, visit www.citrotech.com.

About Denver South

Denver South has been the nexus between public and private sectors for more than four decades, driving forward regional collaborations to make the area one of the premier places in the world to start, grow and locate a business. Its primary focuses are transportation and economic development in and around the South I-25 highway and rail corridor south of Denver, Colorado. The organization brings together government, business and community leaders to work collaboratively for the success of all. From creating a broad aspirational vision for the future to tackling issues like mobility, creating dynamic public spaces and attracting the workforce of the future, Denver South strives to make the region a great place to live, work and play.

Contacts:

Media & Investor Contact:
CitroTech Inc.
Isabella Sarlo
Antenna Group
CitroTech@antennagroup.com
(516) 526-9227

Investor Relations Contact:
Brett Maas, Managing Principal
Hayden IR, LLC
CITR@haydenir.com
(480) 861-2425

Source: CitroTech Inc.

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