Crown Electrokinetics Corp. (NASDAQ: CRKN), in a savvy business maneuver, has clinched a key contract in the government-led endeavor to replace Pittsburgh's aging lead pipes, a project heavily backed by taxpayer dollars. This development not only showcases Crown’s prowess in innovative infrastructure technology but also signals a trend towards the privatization of essential public utilities, raising questions about efficiency and fiscal responsibility in governmental environmental interventions.
Crown Electrokinetics Secures Lucrative Deal in Pittsburgh’s Taxpayer-Funded Lead Pipe Overhaul
All Versions
UPDATE - Crown’s Element 82 Secures Key Role in Pittsburgh Water’s Lead Pipe Replacement Initiative
7
Jan-31
Environment
Score: 0.50
LOS ANGELES, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced that its…
From GlobeNewswire
Jan-31
Environment
Left Variant
Score: 0.20
In a landmark move signifying a triumph for environmental justice and public health, Crown Electrokinetics Corp. (NASDAQ: CRKN) has been entrusted with a pivotal role in addressing the ongoing lead contamination in Pittsburgh's water supply. This initiative, which champions the replacement of harmful lead piping with safer alternatives, underscores Crown’s commitment to advancing sustainable technology solutions that prioritize the welfare of the community and our planet.
From GlobeNewswire