Abakan invests in US nano powder specialist Powdermet, Inc.

September 10, 2010

Abakan, Inc. headquartered in Miami, USA, recently announced that it will acquire a 41% interest in US nano-powder specialist Powdermet, Inc.

Abakan, a publicly traded company, invests in companies that have developed transformational surface modification solutions and technologies. The purchase is expected to complete at the end of this month.

Powdermet, established in 1996 and the winner of over 80 government-sponsored grant programs, is currently transitioning from an engineered nano-powder R&D lab into a commercial sector company. According to Andrew Sherman, President and CEO of Powdermet, “We have been partnering with defense agencies for the last several years building some very advanced breakthrough material technologies. Having already worked closely with the Abakan team from their investment in MesoCoat, I recognise their capability to facilitate our commercialisation strategy for Powdermet.”

According to Robert Miller, CEO of Abakan, “Powdermet has some of the most innovative products we have seen in our quest to invest in new surface modification technology companies.”

www.powdermetinc.com

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Powder Metallurgy’s challenge: How does automotive’s reliance on model-based decision making impact our industry?
  • How to make metal powders. Part 4: Centrifugal and other special atomisation methods
  • Precision and energy efficiency in PM press technology: Insights from Ceramitec 2022
  • Historic traditions and new innovations: refractory metals and hard materials at the 20th Plansee Seminar
  • Tailoring a speciality alloy for Additive Manufacturing: From powder production to parameter optimisation
  • Understanding the compaction and sintering effects of four commonly used lubricants in Powder Metallurgy

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link