$Crown Electrokinetics (CRKN.US)$ LOS ANGELES, Calif./ACCESS...
$Crown Electrokinetics(CRKN.US$ LOS ANGELES, Calif./ACCESSWIRE/May 21, 2024/Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a leading smart glass technology company and fiber network construction specialist, announced today that it has secured a new long-haul dark fiber construction project approximately 250 miles from Las Cruces, New Mexico to El Paso, TX.
Corey Boaz, president of Crown Fiber Construction, said. “We're excited to announce a new project with the Sequoia Association today. This project represents a total revenue opportunity of approximately $12 million and marks our first project as a turnkey general contractor. This contract was created through existing relationships and affirms the trust and confidence that large organizations have in the royal team.”
The project is expected to begin in mid-June and includes construction and restoration of an existing pipeline depot from Las Cruces to El Paso. Crown will perform the survey, construction, fiber placement, and splicing.![]()
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Corey Boaz, president of Crown Fiber Construction, said. “We're excited to announce a new project with the Sequoia Association today. This project represents a total revenue opportunity of approximately $12 million and marks our first project as a turnkey general contractor. This contract was created through existing relationships and affirms the trust and confidence that large organizations have in the royal team.”
The project is expected to begin in mid-June and includes construction and restoration of an existing pipeline depot from Las Cruces to El Paso. Crown will perform the survey, construction, fiber placement, and splicing.
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