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Ohio Third Frontier Awards TVSF Grant to ASTI

2/13/2014

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Akron Surface Technologies Inc. (ASTI) was among six companies to receive a $100,000 award from the Third Frontier Technology Validation and Start-Up Fund, which supports the development of new technologies for licensing and commercialization.

“The investment in technology is an investment in Ohio’s future, bringing new ideas and jobs to the state,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission.

ASTI's award is aimed at developing and testing a metal coating to increase the lifespan of mechanical parts by increasing durability and decreasing friction.

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