Crown ElectroKinetics Launches New Divisions Aimed at Underground Lead Pipe Inspection and Remediation

LOS ANGELES, Aug. 05, 2024 (GLOBE NEWSWIRE) — Crown ElectroKinetics Corp. CRKN, a company renowned for its innovative smart glass technology, has announced the creation of two specialized divisions, Element 82 and PE Pipelines. These new branches will concentrate on the inspection and remediation of underground lead pipes—addressing a significant public health concern and infrastructure challenge.

Introduction to Element 82 and PE Pipelines

The establishment of Element 82 is a strategic response to the growing need for lead detection and remediation in potable water systems. This division will leverage Crown's expertise in underground construction to assess and address the pervasive issue of aging lead pipes. PE Pipelines, on the other hand, will focus on the utilization of Polyethylene (PE) pipes for infrastructure projects. PE pipes are known for their flexibility, resistance to chemicals, and longevity, making them a superior choice for modern piping solutions.

Strategic Move in Response to Infrastructure Needs

Crown's initiative to form these divisions aligns with the burgeoning initiatives across the United States to upgrade aging water systems. By focusing on both inspection and upgrading of piping systems, Crown ElectroKinetics seeks to play a pivotal role in infrastructure modernization projects that promise to deliver safer drinking water and more durable utilities. With CRKN's entry into this space, investors may anticipate the potential for market growth and the company's enhanced positioning within the industry.

Lead, Infrastructure, Technology