Abakan Inc., through its subsidiary, MesoCoat, Inc., engages in developing and commercializing cladding applications and coating materials for use in oil and gas, oil sands, mining, aerospace, defense, infrastructure, and shipbuilding industries. It develops CermaClad, a metallurgically bonded cladding solution to manage corrosion damage and the failure of large assets, such as oil and gas risers and flowlines, refinery/chemical processing towers and transfer lines, power plant heat exchanger tubes, ships, and bridges; and PComP, a series of nanocomposite cermet coatings to impart wear and corrosion resistance, and to restore dimensions of metal components. The company was formerly known as Waste to Energy Group, Inc. and changed its name to Abakan, Inc. in November 2009. Abakan, Inc. was founded in 2006 and is based in Miami, Florida.