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Crown Announces Exclusive Partnership with Electro Scan Inc. Advancing Lead Pipe Detection
CRKNCrown(CRKN) GlobeNewswire·2025-01-17 14:30

Partnership and Strategic Collaboration - Crown Electrokinetics Corp has entered into an exclusive partnership with Electro Scan Inc to deploy the Swordfish lead detection device across 48 US states [1] - The partnership positions Crown's Element 82 as a leader in lead pipe detection solutions [1] - Element 82 is expected to contribute significantly to Crown's 2025 revenue guidance of 30to30 to 35 million [2] Technology and Innovation - The Swordfish is the world's first hand-held buried lead pipe detection tool capable of identifying various pipe materials without excavation [3] - Element 82 utilizes Swordfish devices to provide non-invasive and non-destructive solutions for detecting lead and galvanized water services [3] - In 2024, Element 82 successfully inspected over 2,500 homes using Swordfish devices, demonstrating the technology's effectiveness [4] Industry Impact and Public Health - The partnership reinforces the commitment to safeguarding public health by addressing lead contamination risks in water systems [5] - Electro Scan's Swordfish technology combined with Crown's expertise aims to modernize infrastructure and ensure access to safe, lead-free water [5] - The US EPA recognized electrical resistance testing as the only commercially available innovative solution for identifying buried lead pipes [5] Company Overview - Crown Electrokinetics Corp is an innovative infrastructure solutions provider with divisions in Smart Windows, Fiber Optics, and Water Solutions [7] - Electro Scan Inc is an independent partner in the Testing, Inspection, and Certification market, specializing in pipeline inspection and rehabilitation [6]