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

Reuters
2025.11.10 13:01
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Crown Electrokinetics Corp. has secured over $100 million in multi-year fiber infrastructure contracts through its division, Crown Fiber Optics. Key projects include contracts in Albuquerque, New Mexico, expected to generate $50 million annually, and in greater Seattle, Washington, projected at $30 million per year. Additional contracts include $6 million for rural projects in Vale, Oregon, and $3 million for broadband infrastructure on a Native reservation in Oregon, with potential future expansion. The company also has a backlog exceeding $25 million for ongoing operations and maintenance support across the Pacific Northwest.