SPONSORED

With a U.S. Goal of Reducing Carbon Emissions by 52%,(1) More Than 5.6 Million Commercial Buildings Need To Be Far More Energy Efficient(2)

That Could Open a Potential $15 Billion “Window of Opportunity” for Smart Window Tech Company, Crown Electrokinetics (NASDAQ:CRKN)(9)

April 15, 2021

Crown Electrokinetics Issues Letter to Shareholders

 The world is spending billions to cut emissions.

Consider these statistics.

The U.S. just pledged to cut greenhouse gas emissions by nearly half over the next 10 years.(1)

Europe wants to cut CO2 emissions by up to 55% by 2030.(3) China says it’ll stop releasing CO2 in the next 40 years.(4) Countries worldwide are investing in electric vehicles, hydrogen power, wind energy, you name it to cut emissions.

However, one of the best ways to reduce it is by simply investing in windows.

For example, look at commercial buildings in the U.S. At the moment, they’re generating approximately 826 million metric tons of CO2 emissions, which could be cut with windows.(5)

According to Building Enclosure:

“New research shows just how well energy-efficient windows, doors and skylights—referred to as fenestration products by industry professionals—can lower energy use and prevent additional pollution. Analyzing government data and state and city energy codes, researchers at the University of Florida found that energy-efficient fenestration products reduced energy use by 774 Gigawatt hours in the past 30 years. To put those savings into context, that’s the equivalent of reducing carbon emissions by 547 million metric tons, or one-year equivalent of electricity use by 70 million U.S. households or taking 118 million passenger cars off the road.”(6)

Plus, according to Science Daily:

“Energy use in buildings — from heating and cooling your home to keeping the lights on in the office — is responsible for over one-third of all carbon dioxide (CO2) emissions in the United States. Slashing building CO2 emissions 80% by 2050 would therefore contribute significantly to combating climate change.”(7)

That’s what makes a company like Crown Electrokinetics (NASDAQ:CRKNso attractive. The disruptive company developed and is in the process of commercializing a pigment-based thin-film technology called DynamicTint that could revolutionize our buildings for years to come.

Crown Electrokinetics (NASDAQ:CRKN) Looks Technically and Fundamentally Attractive

Over the last couple of months, the CRKN stock pulled back with the broader green energy sector. However, after finding support at about $3.15, the stock has recovered to about $4.03 so far.

From here, it could have the potential to rally to higher highs with billions being spent on improved energy efficiency. CRKN could also get caught up in the effort to upgrade and retrofit buildings, homes, cars, you name it with its pigment-based thin film technology.

In addition, according to Crown Chairman & CEO, Doug Croxall:

“We entered 2021 with great momentum launching and successfully closing a $21.5 million capital raise and simultaneously listing on the Nasdaq Capital Market. Most recently, we completed the purchase of the intellectual property portfolio from HP. Crown is well positioned for its next phase of growth focused on the commercialization of our DynamicTint solutions.”(8)

It also improved its balance sheet over the last quarter by closing a $21.5 million gross capital raise on January 28, 2021. The underwritten public offering was of 4,150,000 shares of its common stock roughly $4.50 per share. Crown Electrokinetics received net proceeds of about $19.3 million which it plans to use for general corporate matters, including continued technology development, and manufacturing infrastructure.(8)

The Top Reasons to Consider Crown Electrokinetics (NASDAQ:CRKN)

  1. The world is spending billions to cut emissions. The U.S. just pledged to greenhouse gas emission by nearly half over the next 10 years.(1) Europe wants to cut CO2 emissions by up to 55% by 2030.(3) China says it’ll stop releasing CO2 in the next 40 years.(4)
  2. One of the best ways to reduce emissions is by simply investing in windows. For example, look at commercial buildings in the U.S. At the moment, they’re generating approx. 826 million metric tons of CO2 emissions, which could be cut with windows.(5)
  3. Crown Electrokinetics (NASDAQ:CRKN) developed and is commercializing a pigment-based thin film technology called DynamicTin, giving it exposure to a potential $15 billion smart window market.(9)
  4. The company entered 2021 with significant momentum, launching and successfully closing a$21.5 million capital raise and simultaneously listing on the Nasdaq.(8)
  5. Bill Gates is intrigued by smart glass windows. “I’m also intrigued by windows that use so-called smart glass, which automatically turns darker when the room needs to be cooler and lighter when it needs to be warmer. New building regulations can help promote these energy-saving ideas, which will expand the market and drive down their cost,” he said.(10)
  6. Since the tint on smart glass is dynamic, it could block or store heat based on necessity. In Gates’ words, it “turns darker when the room needs to be cooler and lighter when it needs to be warmer.” This can reduce your heating and cooling costs, while minimizing the electricity needed to maintain a comfortable temperature.(10)
  7. Smart glass could eliminate the need for window blinds, which are carbon culprits since they are primarily comprised of plastic and metal.(10)
  8. In specific product formats, like a window insert, smart glass can also convert single pane windows into double pane windows. This helps improve insulation and also noise cancellation. Better insulation can also reduce the need for electricity needed to heat and cool a building. Plus, existing solutions, like double pane glass, can be expensive.(10)
  9. If even a fraction of 5.6 billion U.S. commercial buildings are upgraded, it could create an incredible “window of opportunity” for the company.
  10. With its affordable smart glass solution applicable across transportation, residential housing, and commercial building markets, Crown has partnered with Asahi Glass Company and garnered a strategic investment from Hudson Pacific Properties, one of the largest office building owners in the western US.(11)

Just Who is This Revolutionary Company, Crown Electrokinetics (NASDAQ:CRKN)?

After nearly two decades of commercializing intellectual property- and working with over 20,000 patents, Doug Croxall came across a technology that had been earmarked to be divested by Hewlett-Packard. This presented an unrivaled business opportunity.(11)

He not only acquired the technology but left his job as the chairman and CEO of a publicly-traded company to lead the newly-formed venture, Crown Electrokinetics.

The technology was initially designed to control the light passing through plastic, like that used in Amazon’s Kindle. However, the Crown team saw a much bigger opportunity in the emerging smart glass industry. Crown’s pigment-based film, called DynamicTint allows a glass surface to transition between clear and dark in seconds.

It could even change the color of the glass.

Most significantly, it could be retrofit to existing glass, unlike the vast majority of competing offerings that require glass to be replaced entirely.

A Smart Solution for All Glass

With its affordable smart glass solution applicable across transportation, residential housing, and commercial building markets, Crown has partnered with Asahi Glass Company and garnered a strategic investment from Hudson Pacific Properties, one of the largest office building owners in the western U.S.(11)

From your car to your house to your office, Crown’s DynamicTint allows you to easily control a room’s lighting at the touch of a button.(11)

This can not only replace cumbersome window treatments but studies also show that natural lighting can enhance your mood and productivity. In addition, Crown’s technology helps the planet by making buildings more sustainable.

This is achieved by its ability to lower a building owner’s energy consumption by controlling the amount of light, and therefore heat, that enters a room. This results in a reduced need for HVAC and lighting during the day.

Even Billionaire Bill Gates is “Intrigued” by Smart Glass Windows

In his book, How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need, Bill Gates cites numerous technologies that can help the world avoid catastrophe by reaching zero carbon emissions by 2050. On smart glass windows, he notes:(10)

“I’m also intrigued by windows that use so-called smart glass, which automatically turns darker when the room needs to be cooler and lighter when it needs to be warmer. New building regulations can help promote these energy-saving ideas, which will expand the market and drive down their cost.”

So, why is smart glass a compelling solution to combating climate change?

There are three key reasons for that.(10)

  • One, since the tint on smart glass is dynamic, it could block or store heat based on necessity. In Gates’ words, it “turns darker when the room needs to be cooler and lighter when it needs to be warmer.” This can reduce your heating and cooling costs, while minimizing the electricity needed to maintain a comfortable temperature.
  • Two, Smart glass could eliminate the need for window blinds, which are carbon culprits since they are primarily composed of plastic and metal. Gates’ book highlights how these materials require a lot of carbon to produce. We can improve upon their fundamental utility by providing a new way to control the light entering a room.
  • Three, in certain product formats, like a window insert, smart glass can also convert single pane windows into double pane, which helps improve insulation and also noise cancellation. Better insulation can reduce the need for electricity to heat and cool a building; however, existing solutions, like double pane glass, can be expensive.

Suppose only a fraction of the 5.6 billion U.S. commercial buildings are upgraded. In that case, it could create an incredible “window of opportunity” for Crown Electrokinetics (NASDAQ:CRKN).

Plus, consider this.

“The number of LEED certified buildings continue to increase year over year as we trend towards developing energy efficient buildings. From 1979 to 2012, the number of commercial buildings in the US has increased from 3.8 million to 5.6 million, and has also increased in size and floor space.”(12)

“Existing buildings outnumber the growth of new construction, and thus makes it imperative that they are addressed and retrofitted to be energy efficient. The need for a sustainable, cost-effective retrofit solution that will quickly and easily provide significant energy gains is becoming increasingly important.”(12)

A Window of Opportunity with Strong Leadership – Crown Electrokinetics (NASDAQ:CRKN)

When evaluating any company, it’s always essential that you examine the quality of their management.

Doug Croxall
CEO and Chairman

Prior to co-founding Crown Electrokinetics, Mr. Croxall was Chairman and CEO of Marathon Patent Group (NASDAQ: MARA) from November 2012 until December 2017. With his departure from Marathon, Mr. Croxall assumed control of all assets for what has become Crown Electrokinetics. Previously, he was Chairman and CEO of Firepond. Mr. Croxall holds a BA degree from Purdue University and an MBA from Pepperdine University.

Eddie Kovalik
President and Chief Operating Officer

Mr. Kovalik currently serves on Crown’s Board of Directors having joined in December 2020. He has an extensive leadership background in the energy industry. Prior to Crown, he was the CEO of Unity National Financial Services, a minority owned boutique investment bank and co-Founder of Prairie Partners, a renewable energy investor in utility-scale solar and wind projects. He was also the Co-Founder and CEO of KLR group, a merchant bank focused on the energy sector. Eddie also held roles as CEO of Seawolf Water and President of KLR energy group, both portfolio companies of KLR. Prior to KLR, Eddie served as the Head of Capital Markets at Rodman & Renshaw, the highest ranked PIPEs practice in the US. He has served on multiple private and public boards of directors and is a member of NACD, the National Association of Corporate Directors.

Kai Sato
Co-President and Chief Marketing Officer

Mr. Sato is the founder of Kaizen Reserve, Inc., a venture capital advisory firm for corporations and family offices, helping align their existing assets with synergistic startups. He is also an investment fund advisor and former entrepreneur-in-residence to Hatch, a global startup accelerator focused on helping feed the world through sustainable aquaculture technologies. Previously, he was the Chief Innovation Officer of Rubicon Resources. Prior to that, he spent several years as a co-founder and board member of FieldLevel. Kai is an independent board member of SportTechie, advises a range of startups, and serves as a mentor to various accelerators, including Techstars.

Tim Koch
Co-Founder & Chief Technology Officer

Prior to co-founding Crown Electrokinetics, he was in charge of the R&D team at HP that invented electrokinetic (EK) technology. He has over 30 years of engineering and management experience in both technology development and product manufacturing. He holds a BS from Cornell University and a MS from Stanford University, both in Material Science & Engineering. He has also completed an Executive Development Program from the Cornell University Johnson Graduate School of Management.

Phil Anderson
Chief Financial Officer

Mr. Anderson brings over 20 years of experience that spans managing IPOs, audits, M&A diligence and negation and SEC reporting. He has been the CFO of many companies including Edison Nation Inc. and Electronic Cigarettes International Group Ltd. Most recently, Mr. Anderson served as a consultant for Kubient Inc. where he helped guide them through their initial public offering process. Prior to his career as a CFO, Mr. Anderson was a partner at two small-cap oriented hedge funds for 17 years. Mr. Anderson holds an MBA from Hofstra University and a BS from Ithaca College.

The Top Reasons to Consider Crown Electrokinetics (NASDAQ:CRKN)

  1. The world is spending billions to cut emissions. The U.S. just pledged to greenhouse gas emission by nearly half over the next 10 years.(1) Europe wants to cut CO2 emissions by up to 55% by 2030.(3) China says it’ll stop releasing CO2 in the next 40 years.(4)
  2. One of the best ways to reduce emissions is by simply investing in windows. For example, look at commercial buildings in the U.S. At the moment, they’re generating approx. 826 million metric tons of CO2 emissions, which could be cut with windows.(5)
  3. Crown Electrokinetics (NASDAQ:CRKN) developed and is commercializing a pigment-based thin film technology called DynamicTin, giving it exposure to a potential $15 billion smart window market.(9)
  4. The company entered 2021 with significant momentum, launching and successfully closing a$21.5 million capital raise and simultaneously listing on the Nasdaq.(8)
  5. Bill Gates is intrigued by smart glass windows. “I’m also intrigued by windows that use so-called smart glass, which automatically turns darker when the room needs to be cooler and lighter when it needs to be warmer. New building regulations can help promote these energy-saving ideas, which will expand the market and drive down their cost,” he said.(10)
  6. Since the tint on smart glass is dynamic, it could block or store heat based on necessity. In Gates’ words, it “turns darker when the room needs to be cooler and lighter when it needs to be warmer.” This can reduce your heating and cooling costs, while minimizing the electricity needed to maintain a comfortable temperature.(10)
  7. Smart glass could eliminate the need for window blinds, which are carbon culprits since they are primarily comprised of plastic and metal.(10)
  8. In specific product formats, like a window insert, smart glass can also convert single pane windows into double pane windows. This helps improve insulation and also noise cancellation. Better insulation can also reduce the need for electricity needed to heat and cool a building. Plus, existing solutions, like double pane glass, can be expensive.(10)
  9. If even a fraction of 5.6 billion U.S. commercial buildings are upgraded, it could create an incredible “window of opportunity” for the company.
  10. With its affordable smart glass solution applicable across transportation, residential housing, and commercial building markets, Crown has partnered with Asahi Glass Company and garnered a strategic investment from Hudson Pacific Properties, one of the largest office building owners in the western US.(11)
Source 1: https://www.cnet.com/roadshow/news/biden-us-emissions-reduction-ford-gm/
Source 2: https://d1io3yog0oux5.cloudfront.net/_bed4e8598cf7b7f34fc868a25ae4d29b/crownek/db/1086/9676/pdf/CrownEK+Presentation_March+2021.pdf
Source 3: https://www.bbc.com/news/world-europe-56828383
Source 4: https://www.scientificamerican.com/article/china-says-it-will-stop-releasing-co2-within-40-years/
Source 5: http://css.umich.edu/factsheets/commercial-buildings-factsheet
Source 6: https://www.buildingenclosureonline.com/articles/88999-study-energy-efficient-windows-help-reduce-carbon-emissions?
Source 7: https://www.sciencedaily.com/releases/2019/08/190815113733.htm
Source 8: https://ir.crownek.com/news-events/press-releases/detail/5/crown-electrokinetics-reports-fiscal-2021-third-quarter
Source 9: https://www.globenewswire.com/en/news-release/2020/06/23/2052101/0/en/Smart-Glass-Market-to-Touch-USD-15-02-Billion-by-2026-Rising-Demand-for-Switchable-Glass-in-Commercial-Structures-to-Boost-the-Market-Fortune-Business-Insights.html
Source 10: https://www.crownek.com/blog/bill-gates-is-intrigued-by-smart-glass
Source 11: https://www.crownek.com/about
Source 12: https://www.crownek.com/sustainabilitySource 13: https://stockcharts.com/h-sc/ui

Legal Disclaimer


This website / media webpage is owned, operated and edited by TD Media LLC. Any wording found on this website / media webpage or disclaimer referencing to “I” or “we” or “our” or “TD Media” refers to TD Media LLC. This website / media webpage is a paid advertisement, not a recommendation nor an offer to buy or sell securities. Our business model is to be financially compensated to market and promote small public companies. By reading our website / media webpage you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis for making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our website / media webpage.We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website / media webpage are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our website / media webpage may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. TD Media business model is to receive financial compensation to promote public companies. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our Websites, Email, SMS, Push Notifications, Influencers, Social Media Postings, Ticker Tags, Press Releases, Online Interviews, Podcasts, Videos, Audio Ads, Banner Ads, Native Ads, Responsive Ads. This compensation is a major conflict of interest in our ability to be unbiased regarding. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, TD Media often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.

Server Error, Please try after sometime!

COMPENSATION

Pursuant to an agreement between TD Media LLC and Legends Media LLC, TD Media LLC has been hired for a period beginning on 05/03/2021 and ending on 05/28/2021 to publicly disseminate information about (CRKN:US) via digital communications. We have been paid fifty thousand dollars USD via bank wire transfer.

NASDAQ:CRKN
Company Contact
Address: 1110 NE Circle Boulevard Corvallis OR 97330 US
Phone: +1 800 674-3612
Website: https://www.crownek.com
What They Do
Crown ElectroKinetics Corp is a provider of DynamicTint – We Make Your Glass Smarter. The company’s technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.