Tesla NanoCoatings Inc. is a protective coating (paint) formulating company. Tesla manufactures Teslan® Carbon NanoCoating in a 2-coat system that replaces a traditional 3-coat system used extensively for corrosion protection of steel. Tesla's coating uses carbon nanotubes which self- assemble into rope structures, making them highly conductive, tough and flexible. Tesla's coating provides unequaled corrosion control and extends lifecycle of the coat, providing cost savings and increasing safety. The U.S. Army identified Tesla's revolutionary corrosion technology as a "Technical Solution," and the editors of R&D Magazine raved it as one of the "most technically significant products in 2011," presenting them with the R&D 100 Award. NorTech, in partnership with Crain's Cleveland Business, announced Tesla NanoCoatings as winner of its 2012 NorTech Innovation Award.