Abakan is an advanced surface modification systems and technologies provider that is forming a vertically integrated wear and corrosion coating prevention business. Abakan is the largest shareholder in MesoCoat, a company that has developed a coating that extends the useful life of oil pipelines and bridges from 20 to 100 years. The transformational nature of this coating has been recognized by the National Institute of Standards and technology (NIST) with a $1.7 million award, a NorTech Innovation award and multiple R&D 100 awards. With lower cost materials and application process, and longer lasting coatings that are non-toxic, MesoCoat has made significant in-roads with marquee clients spanning Fortune 500 corporations, military organizations and other branches of the government.