Crown ElectroKinetics

Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity. The company was founded by Douglas B. Croxall, James Douvikas, and Timothy Koch on April 20, 2015 and is headquartered in Los Angeles, CA.

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Crown ElectroKinetics reports sixfold revenue increase and projects strong growth

Crown ElectroKinetics delivered exceptional financial performance in Q2 2024, with a substantial increase in revenue and promising growth prospects for the future. The company's strategic focus on expanding into new sectors and driving operational improvements has positioned it well for continued success and market leadership.

Crown ElectroKinetics (CRKN) reports record revenue and eyes profitability

Crown ElectroKinetics (CRKN) achieved record revenue in Q3 2024, with a focus on innovation and strategic growth across its business divisions.
While facing a net loss, the company is optimistic about reaching profitability in 2025 and is aligning expenses with its growth trajectory.
With revenue targets set for Q4 2024 and a positive outlook for 2025, Crown ElectroKinetics (CRKN) is poised for continued growth and market success.

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Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity. The company was founded by Douglas B. Croxall and Timothy Koch on April 20, 2015 and is headquartered in Corvallis, OR.

LOS ANGELES, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its Water Solutions division has successfully completed construction of the first of two slant wells at the Twin Dolphin Club in Cabo San Lucas, Mexico.

Crown Completes Construction of First-of-Its-Kind Slant Well in Mexico

LOS ANGELES, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its Element 82 division has secured two new lead pipe inspection projects in New York. With completed and active projects in the state of New York, Element 82 is expanding its lead inspection footprint into the city of Little Falls and town of Warwick.

Crown's Element 82 Secures Two New Lead Pipe Inspection Projects in New York

In Partnership With Mexico's 529 Capital, A Leading Real Estate Development Firm From The Baja Peninsula Expected To Produce Up To An Estimated $40 Million In Recurring Annual Revenue LOS ANGELES, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its Water Solutions division plans to construct and co-own a state-of-the-art reverse osmosis (RO) water treatment plant in Cabo San Lucas, Mexico for the desalination of water collected from its proprietary design slant wells. The new RO plant will be built and owned in partnership with locally based, 529 Capital, a leading real estate development firm in the Baja Peninsula.

Crown Announces Plans to Build and Co-Own Reverse Osmosis Plant in Mexico to Desalinate Water Collected from Slant Wells

LOS ANGELES, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its Fiber Optics division has been issued multiple Fiber-to-the-Home (FTTH) purchase orders with an approximate value of $8 million by a leading regional fiber-optic internet provider, further broadening its footprint in Oregon.

Crown Expands Fiber Optics Services Footprint With Leading Regional Internet Provider in Oregon

-- Lead and Copper Rule Improvement (LCRI) Legislation Excluded From U.S. Environmental Protection Agency's (EPA) Regulatory Freeze

Crown Highlights Trump Administration Potential Impact on Its Water Solutions Division

Crown Electrokinetics Corporation (NASDAQ:CRKN ) Q3 2024 Earnings Conference Call November 14, 2024 11:00 AM ET Company Participants Jason Assad - Director, Corporate Communications Douglas Croxall - Chairman & CEO Joel Krutz - COO, CFO & Director Conference Call Participants Operator Good day, everyone, and welcome to Crown's Third Quarter 2024 Conference Call. At this time, participants are in a listen-only mode.

Crown Electrokinetics Corporation (CRKN) Q3 2024 Earnings Call Transcript

Achieved Record Quarterly Revenue of $8.0 Million Reiterates Fourth Quarter and Full Year 2024 Revenue Guidance of $9 Million and $22 Million, Respectively Conference Call and Webcast Scheduled for Today, November 14 th at 11:00 a.m. ET LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today reported its financial results for the third quarter ended September 30, 2024.

Crown Reports Third Quarter 2024 Results

Featuring Crown's Element 82 and PE Pipelines Businesses in Discussion on Lead Detection and Pipeline Remediation Featuring Crown's Element 82 and PE Pipelines Businesses in Discussion on Lead Detection and Pipeline Remediation

Crown to Participate in Electro Scan's Lead Webinar on November 12th

LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of cutting edge technology solutions that benefit communities and the environment, today announced that it has suspended the use of its Equity Line of Credit (ELOC) agreement with Liqueous LP.

Crown Announces Suspension of Equity Line of Credit

LOS ANGELES, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of cutting edge technology solutions that benefit communities and the environment, today announced that it will report its financial results for the third quarter ended September 30, 2024, before the markets open on Thursday, November 14, 2024.

Crown to Report Third Quarter 2024 Results on November 14, 2024

DOVER, Del., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Liqueous LP, a premier multi-strategy fund specializing in liquidity solutions, is pleased to announce the finalization of a $100 million Equity Line of Credit (ELOC) with Crown Electrokinetics Corp (NASDAQ: CRKN) (the “Company”). This significant financing arrangement is part of Liqueous's strategic expansion, focused on delivering tech-driven financial structures to micro, small, and mid-market issuers, aimed at enhancing shareholder value.

Liqueous LP Finalizes $100 Million Equity Line of Credit With Crown Electrokinetics Corp, Building on Strategic Recapitalization Efforts and separately provides NUBURU Financing Update

– Fourth Quarter 2024 Revenue Estimated $9 Million – Full Year 2024 Revenue Estimated $22 Million LOS ANGELES, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks and lead pipe inspection and remediation, today provided fourth quarter and full year fiscal 2024 revenue guidance of $9 million, resulting in estimated 2024 fiscal year revenues of approximately $22 million.

Crown Provides Fourth Quarter and Full Year 2024 Revenue Guidance, Narrowing Gap to Profitability

LOS ANGELES, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading smart glass technology company and an expert in constructing fiber optic networks and lead pipe inspection and remediation, today announced that its PE Pipelines division has secured two contracts valued at $33 million for lead pipe remediation. The work is scheduled to begin in January 2025.

Crown PE Pipelines Division Secures Two Contracts for Lead Pipe Remediation Totaling $33 Million

LOS ANGELES, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading smart glass technology company and an expert in constructing fiber optic networks and lead pipe inspection and remediation, today announced that its Element 82 division has secured a contract valued at $10 million for lead pipe inspection. The work is scheduled to begin in late October.

Crown Element 82 Division Secures $10M Contract

LOS ANGELES, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, today reiterated third quarter guidance and provided an update on progress within the Film Division.

Crown Reiterates Third Quarter Guidance and Provides Film Division Update

LOS ANGELES, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading smart glass technology company and an expert in constructing fiber optic networks and lead pipe inspection and remediation, today released the following letter to its shareholders.

Crown Electrokinetics Issues Letter to Shareholders

Field Work Has Commenced in Medley, Florida, With Four New York Community Water Agencies to Follow Field Work Has Commenced in Medley, Florida, With Four New York Community Water Agencies to Follow

Crown's Element 82 Division Announces New Lead Detection Service Projects in the State of Florida and New York

Crown ElectroKinetics Corp. (NASDAQ:CRKN ) Q2 2024 Earnings Conference Call August 14, 2024 12:00 PM ET Company Participants Jason Assad - Director of Corporate Communications Doug Croxall - Chief Executive Officer and Chairman Joel Krutz - Chief Financial Officer Sheldon Davis - President of ElectroKinetics Film division Operator Good afternoon, everyone and welcome to the Crown Electrokinetics Second Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.

Crown ElectroKinetics Corp. (CRKN) Q2 2024 Earnings Call Transcript

Crown welcomes Industry Pioneers Chuck Hansen as Chief Advisor Lead Pipe Assessment and David Kinsella as President of Element 82 and PE Pipelines Crown welcomes Industry Pioneers Chuck Hansen as Chief Advisor Lead Pipe Assessment and David Kinsella as President of Element 82 and PE Pipelines

Crown Forms Two New Divisions to Focus on Underground Lead Pipe Inspections and Remediations

LOS ANGELES, Aug. 01, 2024 (GLOBE NEWSWIRE) -- 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 will hold its second quarter 2024 conference call on August 14, 2024

Crown Electrokinetics to Host Second Quarter Conference Call on August 14, 2024 at 12:00PM ET

LOS ANGELES, July 26, 2024 (GLOBE NEWSWIRE) -- 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 received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated July 25, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2).

Crown Electrokinetics Regains Compliance With Nasdaq's Minimum Bid Price Requirement

LOS ANGELES, CA / ACCESSWIRE / July 15, 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 been awarded an additional segment under its current agreement in Nevada which commenced in May. This work complements, and is an extension of, an ongoing large backbone long haul fiber project that includes horizontal drilling and plowing work.

Crown Fiber Awarded an Additional Segment on Nevada Backbone Project

LOS ANGELES, CA / ACCESSWIRE / June 25, 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 its Crown Fiber Optics division has commenced work in Oregon. The new opportunity is made up of both fiber construction, and underground power infrastructure.

Crown Fiber Announces Commencement of Work in Oregon Across Four New Customers

LOS ANGELES, CA / ACCESSWIRE / June 24, 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 expanded its current scope of work with an existing customer in Idaho. The project encompasses horizontal directional drilling and fiber to the home.

Crown Fiber Announces Expansion of Projects in Idaho

LOS ANGELES, CA / ACCESSWIRE / June 21, 2024 / Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, announces that it expects to implement a 1-for-150 reverse stock split on its common stock with trading to begin on a split-adjusted basis at the market open on Tuesday, June 25, 2024. Trading in the common stock will continue on the Nasdaq Capital Market under the symbol "CRKN".

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