Press Releases

ALBANY, N.Y., December 23, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, today released a letter from CEO Michael Toporek, detailing the growth plans for the EcoChain business unit. Dear Fellow Stockholders: This has been a dynamic and unprecedented year for our …

Mechanical Technology, Incorporated Releases a Letter to Stockholders, as EcoChain Prepares for Growth of its Cryptocurrency Business Unit Read More »

ALBANY, N.Y., November 5, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, today announced that its Board of Directors has named Michael Toporek, an accomplished business builder and investor, as Chief Executive Officer of the Company, effective November 2, 2020. Mr. Toporek …

Mechanical Technology, Incorporated Announces Appointment of CEO Read More »

Mechanical Technology Incorporated Announces Filing of Form 10 Registration Statement & Leadership Announcements ALBANY, N.Y., September 30, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announces today that it has filed a Form 10 Registration Statement with the Securities and Exchange …

Mechanical Technology Incorporated Announces Filing of Form 10 Registration Statement & Leadership Announcements Read More »

Albany, New York, March 7, 2018 (Newswire.com) – Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTCQB: MKTY) headquartered in Albany, New York, announced today that it intends to file with the Securities and Exchange Commission (“SEC”) on March 16, 2018…

Revenue growth, cost reductions and improved operations contribute to better quarterly results ALBANY, NY — (Marketwired) — 05/04/17 — Mechanical Technology, Incorporated (MTI or the Company), (OTCQB: MKTY), a company engaged, through its wholly-owned subsidiary MTI Instruments, Inc. (MTI Instruments), is a supplier of…

MTI Instruments focuses on providing complete system solutions to industrial customers and original equipment manufacturers ALBANY, NY — (Marketwired) — 03/21/17 — MTI Instruments, Inc. (MTI Instruments), a wholly-owned subsidiary of Mechanical Technology, Incorporated (MTI), (OTCQB: MKTY), and worldwide supplier of precision linear displacement solutions,…

New U.S. Air Force contract and investment from Brookstone Partners strengthen MTI ALBANY, NY — (Marketwired) — 03/02/17 — Mechanical Technology, Incorporated (MTI or the Company), (OTCQB: MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide …

Mechanical Technology Incorporated Announces 2016 Year End Results Read More »

ALBANY, NY — (Marketwired) — 01/24/17 — Mechanical Technology, Incorporated (MTI or the Company), a publicly traded company (OTCQB: MKTY) headquartered in Albany, New York, announces that Mr. Kevin Lynch has retired from his position as President and Chief Executive Officer of the Company, but will remain on the MTI Board of Directors. Mr. Rick Jones has been …

Mechanical Technology, Incorporated President/CEO Retires Read More »

Following investment by Brookstone Partners Acquisition XXIV, LLC (Brookstone), MTI expands growth strategy ALBANY, N.Y.–(BUSINESS WIRE)– Mechanical Technology, Incorporated (MTI or the Company) (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc., in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for linear displacement, vibration …

Mechanical Technology Announces Enhanced Growth Strategy Read More »

Stronger sales combined with lower costs drove significant earnings and cash improvements in third quarter ALBANY, N.Y.– Mechanical Technology, Incorporated (MTI or the Company) (OTCQB:MKTY), a company engaged, through its subsidiary MTI Instruments, Inc. (MTI Instruments), in the design, manufacture and sale of precision test and measurement sensors, instruments and systems that provide solutions for …

Mechanical Technology Announces Third Quarter 2016 Earnings Read More »