Abakan Inc (ABKI) 0.4400 $ABKI
Abakan to Present at International Thermal Spray Conference and Exposition 2015
Marketwired - Fri May 08, 11:23AM CDT
Abakan, Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, proudly announces that its subsidiary, MesoCoat, Inc. ("MesoCoat", has been invited to give two presentations on its PComP(TM) thermal spray coating materials at the International Thermal Spray Conference and Exhibition 2015. ITSC 2015, the world's largest thermal spray conference and exposition, is to be held May 11-14 at the Long Beach Convention & Entertainment Center in Long Beach, California. MesoCoat will also be exhibiting in booth #1624 at the conference. Please see MesoCoat's presentation and exhibition schedule below and make sure to visit MesoCoat representatives in booth #1624.
Abakan - Planned PComP(TM) Thermal Spray Powder Production Ramp-Up Exceeds Target
Marketwired - Tue May 05, 8:55AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, proudly announces that it has surpassed the initial goal for Phase I scale-up of its PComP(TM) thermal spray powder production, from 6,000 pounds/year to 36,000 pounds/year. Abakan has actually increased its PComP production capacity to 60,000 pounds/year. At the current sales price, Abakan's 60,000 pounds/year production could translate to approximately $5M in annual thermal spray powder sales and help facilitate Abakan's expansion of its PComP thermal spray coating services business, which could add an additional $1.5M in annual revenues by fully utilizing our existing thermal spray cell and adding another eight hour shift.
UP Scientech Completes Initial Testing of Abakan's CermaClad Wear-Plates
Marketwired - Mon Apr 13, 12:38PM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today announced that its partner in Asia, one of the largest international wear-plate manufacturers, UP Scientech Materials Corp. ("UP Scientech" (TWSE: 2068), has completed initial testing of CermaClad wear-resistant clad plates. The outstanding metallurgical and mechanical properties of CermaClad wear-resistant clad plates, coupled with UP Scientech's sales and marketing channels in 35 countries, is expected to accelerate market adoption and drive growth for Abakan's CermaClad wear-resistant clad plate products.
Abakan's PComP Protective Coatings Gaining Traction in North America and Asia
Marketwired - Thu Feb 05, 9:08AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, announces several recent developments related to its PComP protective coatings. Abakan has completed field testing of a PComP coating at one of the largest steel companies in Mexico and as a result anticipates a commercial order of the product. Meanwhile, Abakan is now testing its PComP coatings in Taiwan in cooperation with its partner in Asia, UP Scientech Materials Corp. Furthermore, Abakan has received its first repeat orders from an international oil field services customer in Canada.
Abakan Appoints Stephen Goss as Chief Operating Officer
Marketwired - Tue Jan 27, 10:28AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today announced that, effective January 1, 2015, the Company has appointed Mr. Stephen Goss as its Chief Operating Officer. Mr. Goss will continue to serve as the Chief Executive Officer of Abakan's subsidiary MesoCoat, Inc.
Abakan 2014 Year in Review
Marketwired - Mon Jan 05, 12:08PM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today distributed Abakan's 2014 Year in Review, as previously disclosed as an exhibit to its Form 8-K filed with the Commission on December 31, 2014.
Abakan Secures Strategic Investment from Global Wear-Resistant Clad Plate Manufacturer
Business Wire - Fri Nov 14, 8:54AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today announced that it has secured a $3M strategic investment from the world's largest wear-resistant clad plate manufacturer, UP Scientech Materials Corp. ("UP Scientech". In addition to the investment, UP Scientech have entered into an agreement to develop, manufacture, and sell Abakan's PComP thermal spray coating and CermaClad clad metal products in Taiwan, China, Japan, and Korea on a joint venture basis.
MesoCoat Receives Two (New) Grants to Develop CermaClad(TM) Arc Lamp Applications
Business Wire - Mon Oct 06, 11:03AM CDT
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(TM).
Abakan Announces Financing
Business Wire - Wed Aug 20, 9:42AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today announced that the Company's board of directors, has determined to initiate a private placement of up to eighteen million seven hundred and fifty thousand (18,750,000) shares of its restricted common stock, at a price of $0.40 a share, for anticipated gross proceeds of up to seven million five hundred thousand dollars ($7,500,000), to support ongoing operations, retire outstanding debt and bolster product development. The prospective private placement is scheduled to close on September 15, 2014. Full subscription to the anticipated proceeds would result in the new shareholders having 21.5% of the Company's outstanding shares.
Abakan Introduces Disruptive Materials for Billion Dollar Metal Processing Equipment Market
GlobeNewswire - Thu Aug 07, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan", an emerging leader in the advanced coatings and metal formulations markets, today announced that it has completed initial field-testing, on full-sized production equipment, of its proprietary nanocomposite liquid metal corrosion-resistant coating, PComP M, with a leading steel producer. The company is also working with several of the world's largest steel companies to validate component life extension on zinc pot rolls used extensively in the continuous hot dip galvanizing process, as well as other components used in the handling and processing of molten metals.
Abakan to Present at International Thermal Spray Conference and Exposition 2015
Marketwired - Fri May 08, 11:23AM CDT
Abakan, Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, proudly announces that its subsidiary, MesoCoat, Inc. ("MesoCoat", has been invited to give two presentations on its PComP(TM) thermal spray coating materials at the International Thermal Spray Conference and Exhibition 2015. ITSC 2015, the world's largest thermal spray conference and exposition, is to be held May 11-14 at the Long Beach Convention & Entertainment Center in Long Beach, California. MesoCoat will also be exhibiting in booth #1624 at the conference. Please see MesoCoat's presentation and exhibition schedule below and make sure to visit MesoCoat representatives in booth #1624. Abakan - Planned PComP(TM) Thermal Spray Powder Production Ramp-Up Exceeds Target
Marketwired - Tue May 05, 8:55AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, proudly announces that it has surpassed the initial goal for Phase I scale-up of its PComP(TM) thermal spray powder production, from 6,000 pounds/year to 36,000 pounds/year. Abakan has actually increased its PComP production capacity to 60,000 pounds/year. At the current sales price, Abakan's 60,000 pounds/year production could translate to approximately $5M in annual thermal spray powder sales and help facilitate Abakan's expansion of its PComP thermal spray coating services business, which could add an additional $1.5M in annual revenues by fully utilizing our existing thermal spray cell and adding another eight hour shift. UP Scientech Completes Initial Testing of Abakan's CermaClad Wear-Plates
Marketwired - Mon Apr 13, 12:38PM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that its partner in Asia, one of the largest international wear-plate manufacturers, UP Scientech Materials Corp. ("UP Scientech" (TWSE: 2068), has completed initial testing of CermaClad wear-resistant clad plates. The outstanding metallurgical and mechanical properties of CermaClad wear-resistant clad plates, coupled with UP Scientech's sales and marketing channels in 35 countries, is expected to accelerate market adoption and drive growth for Abakan's CermaClad wear-resistant clad plate products. Abakan's PComP Protective Coatings Gaining Traction in North America and Asia
Marketwired - Thu Feb 05, 9:08AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, announces several recent developments related to its PComP protective coatings. Abakan has completed field testing of a PComP coating at one of the largest steel companies in Mexico and as a result anticipates a commercial order of the product. Meanwhile, Abakan is now testing its PComP coatings in Taiwan in cooperation with its partner in Asia, UP Scientech Materials Corp. Furthermore, Abakan has received its first repeat orders from an international oil field services customer in Canada. Abakan Appoints Stephen Goss as Chief Operating Officer
Marketwired - Tue Jan 27, 10:28AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that, effective January 1, 2015, the Company has appointed Mr. Stephen Goss as its Chief Operating Officer. Mr. Goss will continue to serve as the Chief Executive Officer of Abakan's subsidiary MesoCoat, Inc. Abakan 2014 Year in Review
Marketwired - Mon Jan 05, 12:08PM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today distributed Abakan's 2014 Year in Review, as previously disclosed as an exhibit to its Form 8-K filed with the Commission on December 31, 2014. Abakan Secures Strategic Investment from Global Wear-Resistant Clad Plate Manufacturer
Business Wire - Fri Nov 14, 8:54AM CST
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that it has secured a $3M strategic investment from the world's largest wear-resistant clad plate manufacturer, UP Scientech Materials Corp. ("UP Scientech". In addition to the investment, UP Scientech have entered into an agreement to develop, manufacture, and sell Abakan's PComP thermal spray coating and CermaClad clad metal products in Taiwan, China, Japan, and Korea on a joint venture basis. MesoCoat Receives Two (New) Grants to Develop CermaClad(TM) Arc Lamp Applications
Business Wire - Mon Oct 06, 11:03AM CDT
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(TM). Abakan Announces Financing
Business Wire - Wed Aug 20, 9:42AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that the Company's board of directors, has determined to initiate a private placement of up to eighteen million seven hundred and fifty thousand (18,750,000) shares of its restricted common stock, at a price of $0.40 a share, for anticipated gross proceeds of up to seven million five hundred thousand dollars ($7,500,000), to support ongoing operations, retire outstanding debt and bolster product development. The prospective private placement is scheduled to close on September 15, 2014. Full subscription to the anticipated proceeds would result in the new shareholders having 21.5% of the Company's outstanding shares. Abakan Introduces Disruptive Materials for Billion Dollar Metal Processing Equipment Market
GlobeNewswire - Thu Aug 07, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan"
, an emerging leader in the advanced coatings and metal formulations markets, today announced that it has completed initial field-testing, on full-sized production equipment, of its proprietary nanocomposite liquid metal corrosion-resistant coating, PComP M, with a leading steel producer. The company is also working with several of the world's largest steel companies to validate component life extension on zinc pot rolls used extensively in the continuous hot dip galvanizing process, as well as other components used in the handling and processing of molten metals. 
