Crown ElectroKinetics Corp. (CRKN): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the company behind innovative infrastructure solutions that benefit communities and the environment? Crown ElectroKinetics Corp. (CRKN), traded on the OTC Markets, has evolved into a rapidly growing public conglomerate with three diversified divisions: Smart Windows, Fiber Optics, and Water Solutions. With $19.7 million in revenue for the year ended December 31, 2024, and expansion across eight U.S. states and two countries, Crown is making strides in addressing critical infrastructure and technology challenges. Read on to discover the history, ownership structure, mission, and how Crown ElectroKinetics Corp. is making waves in its industry.

Crown ElectroKinetics Corp. (CRKN) History

Crown ElectroKinetics Corp.'s Founding Timeline

Year established

Crown ElectroKinetics Corp. was established in 2013.

Original location

The company was originally located in Corvallis, Oregon.

Founding team members

The founding team included individuals with expertise in materials science and business development. Doug Bybee is often noted as a key figure in the company's early stages.

Initial capital/funding

Initial funding details are not explicitly detailed in the provided search results, but the company has undergone several rounds of financing to support its operations and development. More information on this can be found at : Mission Statement, Vision, & Core Values of Crown ElectroKinetics Corp. (CRKN).

Crown ElectroKinetics Corp.'s Evolution Milestones

Crown ElectroKinetics Corp.'s Transformative Moments

• Strategic Shift to Smart Glass: The decision to concentrate on DynamicTint™ technology for smart glass applications marked a pivotal moment. This strategic focus allowed the company to target high-value markets such as automotive and architectural sectors.
• Public Offering: Going public provided Crown ElectroKinetics with the necessary capital to scale its operations and accelerate the commercialization of its technology.
• Development and Refinement of DynamicTint™: Continuous improvements in the performance and cost-effectiveness of DynamicTint™ have been crucial in positioning the product for market adoption.
• Key Partnerships: Collaborations with industry partners have facilitated the testing and validation of DynamicTint™ in diverse environments, enhancing its credibility and market readiness.

Crown ElectroKinetics Corp. (CRKN) Ownership Structure

Crown ElectroKinetics Corp. has a mixed ownership structure, featuring a combination of institutional, insider, and retail investors.

Crown ElectroKinetics Corp.'s Current Status

Crown ElectroKinetics Corp. is a publicly traded company, meaning its shares are available for purchase by the general public on a stock exchange.

Crown ElectroKinetics Corp.'s Ownership Breakdown

Information regarding the most current and precise ownership breakdown is detailed in the company's filings with the Securities and Exchange Commission (SEC). These filings, which include forms like 13F and proxy statements, offer a detailed view of who the major stakeholders are. As of the fiscal year 2024 data, the following represents an estimated ownership structure:

Crown ElectroKinetics Corp.'s Leadership

The leadership team is responsible for the strategic direction and operational execution of Crown ElectroKinetics Corp. As of April 2025, key members of the leadership team include:

• Doug Croxall: Chairman of the Board
• Pete Sulick: Chief Executive Officer
• Scott Moses: Chief Financial Officer

For an analysis of the company's financial standing, see Breaking Down Crown ElectroKinetics Corp. (CRKN) Financial Health: Key Insights for Investors.

Crown ElectroKinetics Corp. (CRKN) Mission and Values

Crown ElectroKinetics Corp. focuses on developing and commercializing innovative solutions, particularly in the realm of smart glass technology, while upholding specific core values. For more in-depth information, you can also check: Mission Statement, Vision, & Core Values of Crown ElectroKinetics Corp. (CRKN).

Crown ElectroKinetics Corp.'s Core Purpose

Official mission statement

While a specific, formally declared mission statement for Crown ElectroKinetics Corp. isn't readily available in recent search results, the company's activities and public statements suggest a mission centered around:

• Innovating and commercializing dynamic, smart glass solutions.
• Reducing energy consumption in buildings.
• Improving occupant comfort and productivity.
• Delivering shareholder value through technological advancements and market adoption.

Vision statement

Similarly, a precise vision statement is not explicitly provided in the search results. However, based on the company's focus and goals, a potential vision statement could be:

• To be the leading provider of dynamic smart glass solutions that transform the way buildings and vehicles interact with their environment.
• To create a future where buildings are energy-efficient, and occupants benefit from enhanced comfort and well-being.

Company slogan/tagline

I couldn't find an official slogan or tagline for Crown ElectroKinetics Corp. in the search results. Without an official tagline, it's challenging to pinpoint a specific phrase the company uses to encapsulate its mission and vision.

Crown ElectroKinetics Corp. (CRKN) How It Works

Crown ElectroKinetics Corp. focuses on developing and commercializing dynamic smart glass technology. This technology aims to improve energy efficiency and user experience in buildings by controlling light and heat transmission through windows.

Crown's Product/Service Portfolio

Crown's Operational Framework

Crown ElectroKinetics operates through several key processes to deliver its smart glass solutions:

• Technology Development: Continuous research and development to improve the performance, durability, and cost-effectiveness of its electrokinetic film technology.
• Manufacturing: Production of electrokinetic film using a roll-to-roll process, allowing for efficient and scalable manufacturing.
• Integration: Collaborating with glass manufacturers and window fabricators to integrate the electrokinetic film into their products.
• Sales and Marketing: Targeting building owners, architects, and automotive manufacturers to promote the benefits of dynamic smart glass.

Crown's Strategic Advantages

Crown ElectroKinetics possesses several strategic advantages that contribute to its market position:

• Proprietary Technology: Patented electrokinetic film technology that offers unique performance characteristics and competitive advantages.
• Scalable Manufacturing: Roll-to-roll production process enables high-volume manufacturing and cost reduction.
• Strategic Partnerships: Collaborations with established glass manufacturers and window fabricators provide access to existing distribution channels and customer relationships.
• Focus on Energy Efficiency: Dynamic smart glass solutions address the growing demand for energy-efficient building materials and contribute to sustainability goals.

Learn more about Crown ElectroKinetics Corp. (CRKN): Exploring Crown ElectroKinetics Corp. (CRKN) Investor Profile: Who’s Buying and Why?

Crown ElectroKinetics Corp. (CRKN) How It Makes Money

Crown ElectroKinetics Corp. primarily generates revenue through the development, manufacturing, and sale of its electrokinetic (EC) film technology, which is used for dynamic tinting of glass.

Crown ElectroKinetics Corp.'s Revenue Breakdown

As of April 2025, specific and detailed revenue stream percentages for Crown ElectroKinetics Corp. are not available in the provided search results for the 2024 fiscal year. Financial data is often proprietary or requires direct company reporting. For the most accurate breakdown, consulting their official financial statements or investor relations releases would be essential. However, based on their business model, revenue streams can be generally categorized.

Crown ElectroKinetics Corp.'s Business Economics

The business economics of Crown ElectroKinetics Corp. are influenced by several factors:

• Pricing Strategy: The company's pricing is likely based on the cost of manufacturing the EC film, market demand, and competitive pricing for dynamic glass solutions.
• Economic Fundamentals: Adoption rates depend on the construction and automotive industries, where dynamic tinting offers energy efficiency and aesthetic benefits.
• Manufacturing Costs: Economies of scale in film production will be critical to improving profitability.
• Market Penetration: Successfully entering and expanding within target markets influences revenue generation.

Crown ElectroKinetics Corp.'s Financial Performance

Analyzing the financial performance of Crown ElectroKinetics Corp. involves looking at key indicators:

• Details regarding the financial performance of Crown ElectroKinetics Corp. were not available in the search results.
• Revenue Growth: Sales increases of EC film products and any licensing revenues.
• Gross Margin: The difference between revenue and the cost of goods sold, indicating production efficiency.
• Operating Expenses: R&D, sales, and administrative costs affect overall profitability.
• Net Income/Loss: The bottom-line profitability, which is crucial for assessing financial viability.
• Cash Flow: Monitoring cash from operations, investing, and financing activities is vital for assessing liquidity.

For further insights into Crown ElectroKinetics Corp., explore: Exploring Crown ElectroKinetics Corp. (CRKN) Investor Profile: Who’s Buying and Why?

Crown ElectroKinetics Corp. (CRKN) Market Position & Future Outlook

Crown ElectroKinetics Corp. is positioning itself for growth within the smart glass industry, aiming to capitalize on the increasing demand for energy-efficient solutions. While the company is still in a developmental stage, its technology holds promise for various applications across automotive, architectural, and consumer electronics sectors. Its future outlook hinges on successful commercialization and scaling of its production capabilities.

Competitive Landscape

Opportunities & Challenges

Industry Position

Crown ElectroKinetics is an emerging player in the dynamic glass market. The company's electrokinetic technology offers a unique approach to light management, potentially providing a cost-effective alternative to existing technologies. However, the company faces significant challenges in scaling production and competing with established industry giants.

• Technology Differentiation: Crown's electrokinetic technology distinguishes it from competitors who primarily use electrochromic technology. This could lead to a competitive advantage if the technology proves to be more cost-effective or offers superior performance.
• Market Penetration: Currently, Crown has a minimal market share. Successful market penetration will depend on securing key partnerships, demonstrating the technology's reliability, and achieving competitive pricing.
• Financial Stability: The company's financial health is critical. Breaking Down Crown ElectroKinetics Corp. (CRKN) Financial Health: Key Insights for Investors Ongoing losses and dependence on external funding pose a risk to its long-term viability.