Dont want to be a wet blanket or I phone for that matter but this is very old hat.
Good stuff in the right application but not very durable in its present form and presents some issues if partialy removed or damaged
Nanotech is something which the UK is investing in quite heavily, I get to see some crazy stuff on my travels.
I have been working with a coating that does the exact opposite to this one but has a very low CF as well, not shot in the head secret but covered by CDA so

Frictionless material would open up a whole new ball game, PM would possibly become obtainable if a self sutaining fuel source could be created......