maClad HT (High Temperature): Steel clad with nickel-chromium and metal-chromium-aluminum alloys for high temperature applications, such as heat exchanger tubing, boiler waterwalls, and other energy production components offering greater compositional control. CermaClad LT (Low Thickness): Lower cost thin-clad steel that exploits the capabilities of the High Density Infrared (HDIR) application process to provide thin 1 millimeter claddings that should provide 50-200 year corrosion free life in atmospheric and seawater corrosion environments. Agreements License agreement with Powdermet, Inc.: In 2008, MesoCoat entered into a license agreement with Powdermet. The agreement granted to MesoCoat a perpetual license to PComP and CermaClad intellectual property, certain equipment, contracts and business lists, including supporting patents, trademarks, in addition to supporting confidential and trade secret information, including formulations, processes, customer lists and contracts, in the field of wear and corrosion resistant coatings. MesoCoat’s exclusive patent license agreement with UT-Battelle LLC: MesoCoat has a two stage, exclusive license from UT-Battelle, LLC to utilize two patents in its processes to develop products for wear and corrosion applications. Cooperation agreement with Petroleo Brasileiro S.A: In 2011, MesoCoat entered into a cooperation agreement with Petroleo Brasileiro S.A (Petrobras) for the purpose of carrying out development work and conducting validation tests in connection with applying the CermaClad process to coating the internal surfaces of pipes for use in the oil and gas industry. Patents and Trademarks MesoCoat's patents include six exclusively licensed patents from Powdermet, the earliest of which expires in 2020; two exclusively licensed patents from UT Battelle LLC which expire in 2019 and 2024; and 4 pending U.S. Patents and three pending global patents, all of which expire in 2030 or after. Powdermet's patents include six U.S. Patents; an exclusively licensed patent from Ultramet Inc; and six pending U.S. patents and two pending international patents. Regulations MesoCoat and Powdermet are in full compliance with the Resource Conservation Recovery Act, the key legislation dealing with hazardous waste generation, management and disposal. History Abakan Inc. was founded in 2006. The company was incorporated in the state of Nevada in 2006.
(ABKI:OTC Markets Group Inc - OTCQB)
2665 Bayshore Drive
Miami, FL 33133
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