Crown Fiber Optics Secures New $85M Project
Portfolio Pulse from Benzinga Newsdesk
Crown Electrokinetics (NASDAQ:CRKN) has secured an $85 million project with a leading infrastructure solutions provider, marking its sixth project in a few months and building on recent momentum in its Fiber Optics division.
June 13, 2023 | 1:18 pm
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Crown Electrokinetics (CRKN) has been awarded an $85 million project, demonstrating success and interest in its Fiber Optics division.
The $85 million project award indicates strong demand for Crown Electrokinetics' Fiber Optics division and its ability to secure revenue-producing projects. This is likely to have a positive impact on the company's stock price in the short term as it demonstrates growth and success in the market.
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