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Crown Electrokinetics Announces New Fiber Construction Customer and Project in Idaho

LOS ANGELES, CA / ACCESSWIRE / May 2, 2024 / Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, today announced that it has secured a project in Idaho for horizontal drilling work as a prime contractor with Fat Beam Fiber.

The large fiber to the home project is anticipated to commence immediately where it is expected to continue throughout the calendar year, likely resulting in additional work in both California and Oregon.

Corey Boaz, President of Construction for Crown Fiber Optics stated. "We are pleased to announce today's new project in Idaho, on the heels of the Nevada one earlier this week. Opportunities like these are based on existing relationships and an established trust that the Crown team is capable of completing the work on time and with established quality guidelines."

About Crown Electrokinetics

Crown is comprised of two divisions, Fiber Optics and Electrokinetics Film. The Electrokinetics Film division is a smart glass technology and the creator of our Smart Window Insert based on its patented electrokinetic film. Crown's Fiber Optics division is a builder of underground fiber optic networks as well as other utility infrastructure projects.

Safe Harbor Statement:

Statements in this news release may be "forward-looking statements." Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Crown Electrokinetic Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Crown Electrokinetics Contact:

IR Email: info@crownek.com

SOURCE: Crown Electrokinetics



View the original press release on accesswire.com

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