Crown Electrokinetics has executed an agreement with the Twin Dolphin Club. Located in Los Cabos, The Twin Dolphin Club is a 1,400-acre resort master plan development. Crown’s Fiber Optics division, led by Corey Boaz, will construct slant wells for the desalination plant that provides fresh water from ocean water to the hotel and surrounding planned residential development. The project is expected to start later this spring and conclude in the early fall time frame. The agreement calls for a $1.2 million upfront payment with a total value of $3.5 million and is expected to lead to other projects of a similar nature. This opportunity was generated, and will be managed by, the Company’s new President of Construction, Corey Boaz.
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