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There are about 150,000 U.S. bridges that are rated structurally deficient or obsolete, which is more than a quarter of the nation's bridges that are in need of major repairs or replacement. The federal law mandates periodic bridge inspections and there are nearly 190,000 steel highway bridges that are subject to inspection every two years, creating a huge opportunity for engineering companies engaged in detecting structural flaws. Material Technologies, Inc. (MTTG) is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The Company's leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.
Material Technologies, Inc. (MATECH) owns the only nondestructive testing technology able to find growing cracks as minute as 0.01 inches. At present, MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the U.S. Government for research, testing and validation of its innovative solutions.
To read the full article visit http://www.beaconequity.com – News and Commentary
