What Maya Heat Transfer Technologies does

Maya Heat Transfer Technologies (Maya HTT) is a privately held Canadian engineering software company founded in 1984 and headquartered in Westmount, Quebec, with wholly-owned subsidiaries in the United States, the United Kingdom, and France. The company develops simulation software and engineering SDKs focused on thermal analysis, heat transfer, and adjacent multiphysics workflows, including the TMG-based thermal solver family, the Structural Analysis Toolkit (SATK) for NASTRAN, PCB Exchange for ECAD/MCAD integration, SimForm mold cooling simulation, and GPU-accelerated cloud-native solvers. Maya HTT operates a hybrid business model in which it is both an independent software developer and a value-added distributor, shipping proprietary modules inside the Siemens Simcenter 3D platform under a long-standing OEM licensing arrangement and now distributing the Altair engineering suite following a December 2025 agreement.

Maya HTT serves engineering customers across six primary verticals: aerospace and defense, space, automotive and transportation, marine, energy and utilities, and electronics and semiconductors, claiming 21 of the 25 largest global aerospace and defense companies and 9 of the top 10 global electronics companies as customers. The company generates revenue through perpetual and term software licensing, recurring maintenance and subscription contracts, and engineering services delivered across more than 2,000 completed digital services projects, with over 2 million cumulative licenses sold across its 35+ commercial products. Distribution combines enterprise field sales for large OEMs, a partner/reseller network, free trials for self-serve evaluation, and language coverage in English and French.

More recently Maya HTT has built out an Industrial AI line, including the M-Bot on-premise RAG chatbot for engineering decision support, the EPIQ-M industrial AI platform covering energy forecasting, productivity, inventory, quality, and predictive maintenance, and an Agentic AI for Engineering offering aimed at automating repetitive simulation preparation and validation tasks. It has 51-100 employees and reports no external funding rounds, consistent with a self-funded, mature private operator.

Name

Maya Heat Transfer Technologies

Legal name

Maya Heat Transfer Technologies Ltd.

Website

https://mayahtt.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

51–100 employees

Short description

Maya Heat Transfer Technologies is a privately held Canadian engineering software firm that develops GPU-accelerated thermal simulation CAE tools and SDKs, distributed both directly and through Siemens and Altair partnerships to aerospace, defense, space, automotive, marine, energy, and electronics engineering customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Westmount

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Licensing: Perpetual and term software licenses for thermal simulation and heat transfer analysis tools. Revenue generated from license sales to engineering customers.
2. Subscription and Maintenance: Recurring revenue from software maintenance contracts providing updates, technical support, and access to new releases.
3. Professional Services: Digital services including engineering consulting, simulation services, and implementation support for complex thermal analysis projects.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Maya Heat Transfer Technologies (Maya HTT) develops and sells thermal simulation and Computer-Aided Engineering (CAE) software for modeling heat transfer in electronic systems, PCB designs, and space/aerospace hardware. The company offers a portfolio of standalone and integrated thermal analysis tools, SDKs, and consulting services used by engineers designing electronics, spacecraft, automotive, and energy systems.

Product overview

Maya HTT operates as both a software developer and value-added distributor, offering a platform-plus-modules architecture. The core Simcenter 3D platform (powered by Maya HTT technology and licensed by Siemens) serves as the foundation for discipline-specific modules including Simcenter 3D Space Systems Thermal for orbital spacecraft analysis, Simcenter 3D Thermal Multiphysics for coupled thermal-flow-structural simulation, and Simcenter 3D Electronic Systems Cooling for electronics enclosures. Maya HTT's proprietary products include the Structural Analysis Toolkit (SATK) for NASTRAN-based random vibration analysis, TMG Correlation for rapid thermal model calibration, PCB Exchange for ECAD/MCAD integration, SimForm for mold cooling simulation, M-Bot for industrial AI chatbot capabilities, and a comprehensive suite of Engineering SDKs (TMG SDK, Fast Cloud-Native Solver, Structural/Flow Solvers, PCB/CAE Translators, Remote Simulation, Visualization SDKs) enabling custom integration. The company also distributes Siemens products (NX CAD/CAM, Teamcenter, Simcenter STAR-CCM+, Simcenter Amesim, Simcenter MAGNET) and Altair products (HyperMesh, Inspire, OptiStruct, RapidMiner) through its partner network.

Differentiator

Problem solved

Functional benefit

Brands

• M-Bot: Industrial AI chatbot delivering deterministic access to company engineering and manufacturing knowledge.
• EPIQ-M
• SimForm

Products and services

• Simcenter 3D Space Systems Thermal

Quantifiable outcome

• 21 of 25 largest aerospace and defense companies served as customers
• +2 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature3 records

Partnerships

One partnership is on record.

• SiemenscoreOEM/ Whitelabel/ Licensing PartnerProducts developed by Maya HTT and licensed by Siemens. This is a long-standing licensing partnership where Maya HTT develops thermal simulation products that are distributed under Siemens branding.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Siemens Digital Industries Software: Long-standing 'Core' licensing partner that distributes Maya HTT-developed thermal products under the Simcenter 3D brand. Also a competitor via Simcenter STAR-CCM+, Simcenter Amesim, and broader Simcenter portfolio, making it both channel and overlapping incumbent.
• Altair: Recent strategic partner (Dec 2025) — Maya HTT adds the Altair suite to its portfolio. Altair's HyperWorks/OptiStruct/Inspire compete in adjacent CAE slots while also being distributed through Maya HTT.
• Cadence Design Systems: Competes in electronics thermal/EM simulation (Celsius/Clarity) and serves the same FAANG-class electronics customers that Maya HTT counts among its top 10.
• Synopsys: Electronics design and simulation (including thermal/EM via Ansys partnership) competes for the same FAANG-tier electronics accounts that constitute 9 of Maya HTT's top 10 electronics customers.
• Hexagon MSC Software: Nastran-based structural/thermal simulation suite overlapping Maya HTT's SATK and Simcenter structural offerings to A&D and automotive customers.
• Dassault Systèmes Simulia: Abaqus-based multiphysics simulation within the 3DEXPERIENCE platform competes for the same A&D/automotive thermal budgets that anchor Maya HTT's revenue.

Direct peers

• ThermoAnalytics: Specialist thermal/fluid simulation vendor (TAITherm, Thermal Desktop heritage) competing head-on with Maya HTT in aerospace and defense thermal analysis.
• Ansys: Largest independent CAE/multiphysics vendor; Ansys Mechanical and Ansys Thermal Desktop directly compete with Maya HTT's thermal simulation suite. TMX integration shows Maya HTT tools interoperate with Ansys, confirming direct competition in the same engineering workflows.
• COMSOL: Direct competitor in multiphysics and thermal simulation, with comparable GUI-driven workflows and broad adoption across thermal/electronics/aerospace customers overlapping Maya HTT's verticals.

Emerging players

• Future Facilities: Thermal simulation for data centers and electronics cooling — overlaps Maya HTT's Electronics & Semiconductors vertical and Simcenter 3D Electronic Systems Cooling product.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/MAYAHTT
• Facebookfacebook.com/mayahttpage
• LinkedInlinkedin.com/company/mayahtt
• Xx.com/MayaSimulation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maya Heat Transfer Technologies