Crown Electrokinetics Secures Over $100 Million in Multi-Year Fiber Contracts

Reuters11-10

Crown Electrokinetics Secures Over $100 Million in Multi-Year Fiber Contracts

Crown Electrokinetics Corp., through its division Crown Fiber Optics, announced it has secured multi-year fiber infrastructure contracts valued at over $100 million. The contracts include projects in Albuquerque, New Mexico, expected to generate approximately $50 million annually, and in greater Seattle, Washington, projected at around $30 million per year. Crown Fiber also reported a $6 million-plus contract for rural fiber projects in Vale, Oregon, and a $3 million contract for broadband infrastructure on a Native reservation in Oregon, with potential expansion to over $25 million in future phases. The company maintains a backlog exceeding $25 million for ongoing operations and maintenance support across Oregon, Washington, and Idaho.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Electrokinetics Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572082-en) on November 10, 2025, and is solely responsible for the information contained therein.

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