Abakan Inc. (OTC:ABKI) ("Abakan"), an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary, MesoCoat, Inc. ("MesoCoat"), along with Oak Ridge National Laboratory (ORNL), have been awarded $1 Million by the Department of Energy ("DOE") to develop a process to join dissimilar metal alloys. The award will be shared equally. Additionally, MesoCoat has won a $150,000 SBIR (Small Business Innovation Research), award from the National Institute of Health (NIH) to develop antimicrobial coatings using its high-speed large-area metal cladding technology CermaClad™.read more
