Medatech
MEDATech is a privately held Canadian engineering firm founded in 2003 that designs, manufactures, and integrates battery-electric powertrains, specialty drilling rigs, robotic rod handlers, and telematics for heavy-duty mobile equipment serving mining, oil & gas, energy, and construction enterprises globally.
- Company typePrivate
- Founded2003
- HeadquartersCollingwood, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Medatech does
MEDATech (legal name MEDATECH ENGINEERING SERVICES LIMITED) is a privately held Canadian engineering services and equipment manufacturer founded in 2003 by Rob Rennie in Collingwood, Ontario. The company operates three branded divisions: AltDrive (battery-electric and hybrid powertrain systems for heavy-duty mobile equipment), Borterra (specialty drilling rigs, robotic rod handling, and precision pumping), and MEDAData (telematics and data acquisition). Its core technology combines mechanical, electrical, hydraulic, and software engineering into integrated solutions for electrifying, automating, and digitalizing industrial mobile equipment, with proprietary products including AltDrive BEV powertrain kits (140kW/360kW/720kW), the RodBot hydraulic robotic rod handler, RaisePro-48T ITH raise drills, the WS6000 hybrid sonic/DTH water hammer drill, BTMU thermal management units, HV power distribution units, and EV-FOS fleet optimization software developed with McMaster University's Bauman Lab.
Medatech firmographics
Firmographics- Name
- Medatech
- Legal name
- MEDATECH ENGINEERING SERVICES LIMITED
- Website
- https://medatech.ca
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MEDATech is a privately held Canadian engineering firm founded in 2003 that designs, manufactures, and integrates battery-electric powertrains, specialty drilling rigs, robotic rod handlers, and telematics for heavy-duty mobile equipment serving mining, oil & gas, energy, and construction enterprises globally.
- Ownership category
- akta.pro rank
Medatech industry classification
Industry- Product category
- Heavy Mobile Equipment Engineering and Manufacturing
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
- SIC
- Construction, Mining & Materials Handling Machinery & Equip (3530), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)
- akta.pro secondary industries
- Telematics Hardware, Sensors & Installation Services (TLABAJAL), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)
Keywords
Where Medatech is headquartered
LocationHeadquarters
- HQ city
- Collingwood
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Medatech business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Custom Engineering Services: Full-service engineering consulting from project conception through design, prototyping, and production. Includes feasibility studies, mechanical/structural design, control systems, software development, hydraulic systems, and electrical design. Revenue generated through project-based consulting engagements and engineering contracts.
- Battery-Electric Powertrain Products: Sale of AltDrive battery-electric and diesel-hybrid powertrain systems and kits in 140kW, 360kW, and 720kW sizes. Includes BTMU (Battery Thermal Management Unit) and HV PDU panels. Products sold as complete BEV powertrains or as retrofittable kits for existing equipment.
- Borterra Specialty Drilling Products: Custom-built drilling rigs (RaisePro, WS6000), RodBot robotic rod handlers, and WaterBox precision water pumps. Products available as complete rigs or as retrofittable systems for existing drill equipment.
- EV-FOS Software and Telematics: Electric Vehicle Fleet Optimization Software for mine electrification planning. Includes telematics systems for data acquisition and real-time monitoring. Revenue from software licensing and system installation.
- Strategic Manufacturing: In-house manufacturing capabilities for custom heavy-duty mobile equipment builds. Manufacturing includes shop space with 10-ton crane and dedicated electronics lab.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Medatech product offering
Product offeringCore offering
MEDATech designs, develops, and manufactures heavy-duty mobile equipment, battery-electric and hybrid powertrain systems (AltDrive), and specialty drilling rigs (Borterra) for the mining, oil & gas, construction, and energy sectors. The company's core offering combines multi-disciplinary engineering services (mechanical, electrical, hydraulic, software, controls) with proprietary products including the RodBot robotic rod handler, RaisePro ITH drills, WS6000 hybrid drills, EV-FOS fleet optimization software, and MEDAData telematics, sold via direct enterprise engagement.
Product overview
MEDATech operates three divisions offering a comprehensive portfolio of heavy-duty mobile equipment solutions. The AltDrive division provides modular battery-electric and hybrid powertrain systems and kits (140kW-720kW) for vehicle electrification, including components like Battery Thermal Management Units and High-Voltage Power Distribution Units. The Borterra division delivers specialty drilling solutions including the RodBot robotic rod handler, RaisePro-48T ITH drill, WS6000 hybrid drill, and WaterBox precision pump. Engineering Services provides core design, build, and integration capabilities across mechanical/structural, control systems, software/automation, hydraulic systems, electrical design, and telematics/data solutions. The company's EV-FOS software and MEDAData telematics enable fleet optimization and data acquisition across the product portfolio.
Differentiator
Problem solved
Functional benefit
Brands
- AltDrive: Battery-electric and battery electric-hybrid drivetrain solutions for heavy-duty mobile equipment, including complete BEV powertrain kits in 140kW, 360kW, and 720kW sizes, battery-thermal management units (BTMU), and EV feasibility studies
- Borterra
- MEDAData
- RodBot
- RaisePro
- WS6000
- WaterBox
- BTMU
- EV-FOS
- MEDAData
Products and services
- Engineering Services Multi-disciplinary engineering service covering mechanical/structural design and build, control systems, software and automation, hydraulic and fluid systems, electrical design, and hybrid & electric drivetrains, delivered from project consulting through commissioning for enterprise customers in mining, construction, oil & gas, and energy.
- AltDrive Battery-Electric Powertrain Systems Modular, scalable, and field-supported battery-electric and battery electric-hybrid powertrain systems designed for specific duty cycle requirements, enabling companies to electrify heavy-duty mobile equipment without years of in-house development.
- Borterra Specialty Drilling Solutions Borterra division providing design, integration, and delivery of specialty drilling rigs, automated rod-handling systems, and electrified drilling technologies for both underground and surface drilling applications.
- AltDrive BEV Powertrain Kits Complete battery-electric vehicle powertrain kits in standardized 140kW, 360kW, and 720kW sizes, suitable for machines as small as a backhoe and as large as a mining haul truck; fit existing engine compartments and are fully customizable.
- RodBot Robotic Drill-Rod Handler Hydraulic robotic drill-rod and pipe handler that automates loading and unloading of drill rods and casing; cuts manual rod handling by 95% and reduces personnel on drill rig to a single operator through collision avoidance and three control modes.
- RaisePro-48T ITH Raise Drill Multi-purpose track-mounted In-The-Hole raise drill capable of drilling 3.5\" to 48\" diameter production holes, maintenance and service holes, blast hole slot raises, and escapeways for underground mining.
- WaterBox Precision Water Pump Self-contained diesel- or electric-powered precision water pump for Down-The-Hole water-hammer drills, with digital control system managing pump speed and throttle to deliver exact flow rates and pressure for precision drilling.
- LP RodBot (Low Profile) Low-profile RodBot variant specifically engineered for underground mining applications with onboard rod storage for tight headings; approximately 6,000 lbs, forklift-movable for fast redeployment between drifts.
- EV-FOS Electric Vehicle Fleet Optimization Software Fleet optimization software for mine electrification planning that calculates cost and efficiency in dollars per tonne for different vehicle and infrastructure options, including optimal charging station locations, battery sizing, and fast-charging versus battery-swapping trade-offs.
- MEDAData Vehicle Data Acquisition Solution Turnkey, system-agnostic vehicle data acquisition, dashboarding, and analysis solution for heavy-duty industrial vehicles; telematics works with any CAN-equipped machine and features edge processing that reduces data transmission by 95%.
- AltDrive BTMU (Battery Thermal Management Unit) Rugged, space-saving battery thermal management unit for industrial battery-electric vehicles; follows set charge/discharge schedules and maintains optimal ambient temperature to extend battery life and performance.
- High-Voltage Power Distribution Units (HV PDU) Custom-built HV PDU panels for heavy-duty battery-electric vehicles; includes Combined Charging System (CCS) connectivity for high-power DC charging and high-voltage isolation monitoring, with creepage/clearance design to prevent electrical arcing.
- AltDrive Rail Locomotive (ARL) Modern battery-electric locomotive built for precision mining applications including the Muckahi monorail system with grades up to 30 degrees, featuring hydrostatic drive allowing configurable power units.
Quantifiable outcome
- 50% reduction in ventilation requirements for electric underground mines
- +5 more outcomes
Companies that use Medatech
Customer profileNamed customers25 records
Segments5 records
Ideal customer profiles3 records
Medatech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature8 records
Medatech partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, flagship and minor.
- Archer Mining and Civil ServicescoreCollaboration on RaisePro-48T ITH raise drill development. Archer contributed to design for best-in-class mobility, productivity and safety for large-diameter drilling applications.
- Bosch RexrothflagshipGlobal collaboration to offer full-spectrum electrification solutions combining Bosch Rexroth's end-to-end high-voltage portfolio (motors, inverters, gearboxes, hydraulics, software) with MEDATech's EV drivetrain integration expertise. Partnership aims to accelerate heavy mobile equipment electrification adoption across industries.
- Electrified MotorscoreMEDATech becomes Electrified Motors' value-added system integrator and distributor. Electrified Motors provides IPM/PMAC motors (power-dense, high-efficiency) manufactured in UK. Partnership broadens AltDrive product line with market-leading electric motor technology for off-highway applications.
- Queen's University EngineeringminorCapstone research project partnership with Queen's Faculty of Engineering and Applied Science. Students helped engineer and optimize thermal management system for 100% battery-electric on-road tractor trailer.
- ABBflagshipPartnership for mine decarbonization through charging solutions and optimized electric drive systems. Development of ultra-fast charge solution pilot for underground and surface BEVs. Integration with ABB Ability Operations Management System (OMS) platform. Collaboration with AWS on digitally-integrated all-electric mine operations.
- LKAB WassaracoreGood partner relationship. Wassara featured at PDAC with working Wassara Explorer Borehole Surveying System. Wassara water hammer technology used in Borterra drilling solutions.
- McMaster UniversitycoreAcademic collaboration on electric haul truck research. Paper co-authored with McMaster researchers on battery swapping vs fast charging for underground electric haul trucks.
- TardifcorePartner on release of world's first 100% electric haul truck (24-Ton). Collaboration on fast charge-capable battery electric vehicle development.
- McMaster University (Bauman Lab)coreMulti-year collaboration for EV-FOS software development. Bauman Lab for Electrified Powertrain Research at McMaster University contributed to EV-FOS software built in MATLAB. Research collaboration on battery-electric mining vehicles including fast charging vs battery swapping analysis.
- Epec Control TechnologycoreMEDATech is North American distributor for Epec Control Systems' controller modules. Epec provides robust micro-controller products used in harsh environments including underground mining and forestry.
- Amazon Web Services (AWS)coreCloud infrastructure partner for telematics data. AWS IoT platform used for cloud-based data organization, analysis, and secure dashboard presentation. AWS is U.S. Department of Defense-approved cloud provider.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Medatech competitors and assessment
Company assessmentDirect peers
- Artisan Vehicles: Artisan Vehicle Systems builds battery-electric underground mining haul trucks and LHDs with built-in battery-swap mechanisms. Most direct comparable to MEDATech's AltDrive division given overlapping product category (BEV underground mining trucks) and shared customers in the North American mining sector.
- MacLean Engineering: MacLean Engineering manufactures underground mining support vehicles (bolters, scissor lifts, carriers) and has its own battery-electric retrofit program. Directly comparable to MEDATech: a Canadian mining-equipment OEM pursuing BEV conversion, and explicitly cited in MEDATech's customer/partnership history.
- Vermeer Corporation: Vermeer manufactures horizontal directional drills, trenchers, and specialty drilling equipment for construction and surface mining. Comparable to MEDATech's Borterra drilling solutions given overlapping product category (specialty drill rigs) and a listed MEDATech customer.
Broad incumbents
- Sandvik Mining and Rock Solutions: Sandvik is a global Tier-1 mining and rock-excavation OEM with a dedicated electrification and automation division (incl. battery-electric drills and loaders). Both a customer and adjacent competitor to MEDATech's Borterra drilling and AltDrive powertrain lines.
- Epiroc: Epiroc is a global Tier-1 mining and infrastructure equipment OEM with a stated goal of offering a full range of fossil-free underground equipment. Comparable to MEDATech as a broad incumbent competing across both drilling rigs (Borterra overlap) and underground BEV haul trucks (AltDrive overlap).
- Caterpillar: Caterpillar is the world's largest mining and construction heavy-equipment OEM and has publicly committed to a battery-electric mining truck lineup. Comparable to MEDATech's AltDrive line as a broad incumbent with substantially larger R&D and manufacturing resources, and a known customer (Western Star / Caterpillar-adjacent) on MEDATech's roster.
- Boart Longyear: Boart Longyear is a global drilling services and equipment company (LHS, surface and underground core/blast hole drilling). Comparable to MEDATech's Borterra drilling line as an incumbent drilling-services competitor and an existing customer (Vale Copper Cliff deployment).
- Komatsu Mining: Komatsu is a global Tier-1 mining-equipment OEM with active battery-electric truck (Pioneer School District trials) and underground loader programs. Comparable to MEDATech as a broad incumbent whose electrification roadmap is the principal long-run competitive risk to AltDrive's modular powertrain value proposition.
Emerging players
- First Mode: First Mode is a Seattle-based engineering firm developing hybrid powerplants and decarbonization retrofits for ultra-class mining haul trucks (notably with Anglo American). Comparable to MEDATech as an emerging mining-decarbonization integrator using similar customer-base engineering-services-plus-product approach.
Others
- Bosch Rexroth: Bosch Rexroth is a global supplier of high-voltage motors, inverters, gearboxes, hydraulics, and software for off-highway mobile equipment. Comparable to MEDATech as a strategic partner (Feb 2026) and as the Tier-1 component ecosystem underpinning AltDrive powertrain kits; the partnership makes it both an enabler and a potential substitute at the system-integration layer.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Medatech social profiles
Digital presenceMedatech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medatech leadership team
Management profileNumber of profiles
Profiles6 records
Medatech subsidiaries and ownership
Company hierarchySubsidiaries3 records
Medatech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medatech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medatech
What does Medatech do?
MEDATech designs, develops, and manufactures heavy-duty mobile equipment, battery-electric and hybrid powertrain systems (AltDrive), and specialty drilling rigs (Borterra) for the mining, oil & gas, construction, and energy sectors. The company's core offering combines multi-disciplinary engineering services (mechanical, electrical, hydraulic, software, controls) with proprietary products including the RodBot robotic rod handler, RaisePro ITH drills, WS6000 hybrid drills, EV-FOS fleet optimization software, and MEDAData telematics, sold via direct enterprise engagement.
Is Medatech a public or private company?
Medatech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Medatech founded?
Medatech was founded in 2003. It employs 11 to 50 people.
Where is Medatech based?
Medatech is headquartered in Collingwood, Canada, in the North America region.
How does Medatech make money?
Five revenue lines are on record. Custom Engineering Services are the primary driver. The others are battery-Electric Powertrain Products, borterra Specialty Drilling Products, EV-FOS Software and Telematics and strategic Manufacturing.
Who are Medatech's main competitors?
Direct peers on record are Artisan Vehicles, MacLean Engineering and Vermeer Corporation. Broad incumbents are Sandvik Mining and Rock Solutions, Epiroc, Caterpillar, Boart Longyear and Komatsu Mining. First Mode is listed as an emerging player. Bosch Rexroth is listed as an others.
Does Medatech have an API?
No public API is recorded for Medatech.
What industry is Medatech in?
Medatech's product category is Heavy Mobile Equipment Engineering and Manufacturing. Its primary akta.pro industry code is IMACAHAJ, Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules), with a secondary code of TLABAJAL, Telematics Hardware, Sensors & Installation Services. Its NAICS code is 333132 and its SIC code is 3530.