Mechanical Technology, Incorporated

Mechanical Technology Incorporated Announces Results from Annual Meeting of Shareholders

Mechanical Technology Incorporated Announces Results from Annual Meeting of Shareholders ALBANY, N.Y., June 12, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, held its Annual Meeting of Shareholders on June 10, 2020 (the “Annual Meeting”). At the Annual Meeting, the Company’s …

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Mechanical Technology Incorporated Announces Remote Access for Annual Meeting of Shareholders

Mechanical Technology Incorporated Announces Remote Access for Annual Meeting of Shareholders   ALBANY, N.Y., May 26, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announced today that it is permitting and strongly encouraging MTI shareholders to virtually attend its Annual Meeting of Shareholders (the …

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Mechanical Technology Incorporated Announces Closing of Previously Announced GigaWatt Acquisition

Mechanical Technology Incorporated Announces Closing of Previously Announced GigaWatt Acquisition   ALBANY, N.Y., May 21, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announced today that EcoChain, Inc. (“EcoChain”), a wholly-owned subsidiary of MTI, has closed its acquisition of the intellectual property of Giga …

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Mechanical Technology, Incorporated Announces Receipt of Historic Purchase Order and Secures Supporting Line of Credit

Mechanical Technology, Incorporated Announces Receipt of Historic Purchase Order and Secures Supporting Line of Credit   ALBANY, N.Y., May 7, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announced today the receipt of the largest single order ever received by MTI Instruments, Inc. (“MTI …

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Mechanical Technology Incorporated Announces Strategic Acquisition

Mechanical Technology Incorporated Announces Strategic Acquisition   ALBANY, N.Y., May 5, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announced today that EcoChain, Inc. (“EcoChain”), a wholly-owned subsidiary of MTI, entered into a definitive agreement to acquire the intellectual property of …

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First Quarter 2020 Highlights

Mechanical Technology Incorporated  First Quarter – 2020 Highlights   Revenue for the first quarter of 2020 at MTI Instruments was $63,000, or 4%, less than last year. This decline was attributed to the sale of a $118,000 semi-automated wafer metrology tool during the first quarter of 2019, while there were no semi-automated wafer metrology tool …

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Notice of 2020 Annual Meeting of Shareholders

MTI 2020 Annual Meeting Notice NOTICE OF 2020 ANNUAL MEETING OF SHAREHOLDERS To the Shareholders of Mechanical Technology, Incorporated: NOTICE IS HEREBY GIVEN that the 2020 Annual Meeting of Shareholders (the “Annual Meeting”) of Mechanical Technology, Incorporated, a New York corporation (the “Company”), will be held on Wednesday, June 10, 2020, at 10:00 a.m., local …

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