Mechanical Technology

About:

Mechanical Technology, Inc. (MTI), a company that has spent the last 30 years in energy research and product developmen.

Website: https://www.mtimicrofuelcells.com

Top Investors: NYSERDA

Description:

MTI MicroFuel Cells Inc. (“MTI Micro”) (MKTY), a subsidiary of Mechanical Technology, Incorporated, is the developer of Mobion® off-the-grid portable power solutions. MTI Micro has a team of entrepreneurial business executives, researchers and scientists; a proprietary direct methanol micro fuel cell power system and a number of system prototypes demonstrating size reductions and performance improvements; and related intellectual property. MTI Micro has received government funding and developed strategic partnerships to facilitate efforts to achieve commercialization.

Total Funding Amount:

$1.16M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Albany, New York, United States

Founded Date:

Founders:

Number of Employees:

Last Funding Date:

2002-03-07

IPO Status:

Private

Industries:

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