The company's PComP(TM) nanocomposite cermet thermal spray coating product line

the company's PComP(TM) nanocomposite cermet thermal spray coating product line The second ARRA contract "Coatings for Life Extension of Zinc Pot Rolls" in the hot-dip galvanized steel strip industry, funds the development of PComP(TM) self-lubricating nanocomposite coating materials for metal forming and processing equipment.

Builds on the company's PComP(TM) nanocomposite cermet thermal spray coating product line by further developing and verifying wear resistant, self-lubricating nanocomposites that are stable in molten metal environments. One industry that has this specific problem is the galvanizing, metal forming, and die-casting industry. Energy losses, maintenance, and downtime associated with wear and corrosion within this industry alone are estimated to exceed $500 million in the U.S. annually. The validation of a wear resistant low friction coating that can operate at temperatures in the 350-800 C range offers revolutionary capabilities for improved energy efficiency in a wide range of applications above and beyond the targeted galvanizing and aluminum die-casting markets.

Andrew Sherman CEO, MesoCoat Inc. stated that, "In the current competitive environment, reducing capital costs and equipment integrity risks for our energy infrastructure customer's is driving our growth. With a clad metal products market estimated at nearly $3 Billion today, and expected to experience double digit growth rates, this is an exciting time for Mesocoat It's apparent our future competitors are preparing for this market growth by announcing over $1 Billion in new plant expansion in the last two years, and the capital and operational efficiency and material performance advances we are bringing to market should drive pricing and performance into the next decade. We are very grateful that the DOE has awarded us these contracts which will allow us to continue pushing the envelope on the expansion of these innovative technology platforms."