MesoCoat
| Company type | Private |
|---|---|
| Industry | Nanocomposite coatings, Surface engineering |
| Predecessor | Powdermet, Inc. (spin-off) |
| Founded | 2007 |
| Fate | Entered receivership in 2015 |
| Headquarters | Euclid, Ohio , United States |
Area served | Oil and Gas, Aerospace, Energy, Infrastructure sectors |
Key people | Robert W. Seiden (Receiver appointed in 2015) |
| Products | Nanocomposite metal and ceramic coatings (CermaClad™, PComP™, ZComP™) |
| Owner | Investment consortium; majority stake acquired by Abakan, Inc. in 2009, full ownership in 2015 |
| Parent | Abakan, Inc. (until receivership) |
| Website | www |
MesoCoat, Inc. is a company based in Euclid, Ohio, supported by equity investors and focused on metal protection and restoration solutions. The firm develops nanocomposite coatings composed of metal and ceramic materials through cutting-edge surface engineering methods, catering to critical sectors such as Oil and Gas, Aerospace, Energy, and Infrastructure.
History
Established in 2007 as a spin-off from Powdermet, Inc., MesoCoat acquired licensing rights to foundational technology created at the Department of Energy's Oak Ridge National Laboratory. In 2009, Abakan, Inc. obtained a majority stake in the company and expanded this to full ownership by 2015. That same year, MesoCoat entered receivership; the U.S. Federal Court appointed Robert W. Seiden as Receiver to oversee creditor negotiations and resolve ongoing litigation.
In 2011, the company formed a collaboration with Petrobras to verify its CermaClad™ coating technology and facilitate funding for a manufacturing facility located in Euclid.
Technology
MesoCoat fabricates coatings by integrating non-oxide ceramic matrix composite nanoparticles into liquid formulations designed to protect metal surfaces from wear and corrosion.
Operations
The company is owned by an investment consortium and has funded its research and development activities since 2007 through a combination of government grants, licensing agreements with third parties, and venture capital investments.
Facilities
Construction commenced in 2011 on MesoCoat's inaugural commercial manufacturing plant in Euclid, Ohio, with production anticipated to begin in early 2013.
Awards
MesoCoat CermaClad™ and associated technologies
| Year | Organization | Award |
|---|---|---|
| 2004 | R&D Magazine | R&D 100 |
| 2011 | R&D Magazine | R&D 100 |
| Forbes | Ranked #50 among America's Most Promising Companies | |
| 2012 | Wall Street Journal | #1 Manufacturing Company, Technology Innovation Awards |
| Nortech | Nortech Innovation Awards |
MesoCoat PComP™ and associated technologies
| Year | Organization | Award |
|---|---|---|
| 2000 | R&D Magazine | R&D 100 |
| 2012 | R&D Magazine | R&D 100 |
MesoCoat ZComP™ and associated technologies
| Year | Organization | Award |
|---|---|---|
| 2007 | R&D Magazine | R&D 100 |