Mechanical Technology
Mechanical Technology, Inc. (MTI) is a privately held Albany, New York-based engineering firm founded in 1988 that has spent roughly 30 years in energy research and product development, with historical NYSERDA grant funding its only documented capital activity.
- Company typePrivate
- Founded1988
- HeadquartersAlbany, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Mechanical Technology does
Mechanical Technology, Inc. (MTI) is a privately held, Albany, New York-based company founded in 1988 that describes itself as having spent roughly 30 years in energy research and product development. The company operates at a small scale, with headcount reported in the 11–50 range, consistent with a niche-engineering or specialty-controls business rather than a high-volume commercial operation. The single verifiable funding events are two awards from the New York State Energy Research and Development Authority (NYSERDA) — $22,985 in July 1999 and $1,134,735 in March 2002 — together totaling approximately $1.16M and suggesting a historical orientation toward New York State energy R&D programs.
The company's product portfolio, revenue model, customer base, geographic footprint, leadership team, and intellectual property holdings could not be substantively extracted from the available source data. The company's public web property (mticontrols.com) returned a loading/verification placeholder rather than product, pricing, or company-background content at the time of extraction. As a result, statements about specific products, target customers, pricing mechanics, go-to-market motion, or commercial traction cannot be supported by the input. The evidence base supports characterizing MTI as a long-tenured, small-scale private engineering firm in the Albany, NY energy sector, with historical but not recent NYSERDA grant activity as the only verifiable financial signal.
Mechanical Technology firmographics
Firmographics- Name
- Mechanical Technology
- Website
- https://mticontrols.com
- Company type
- Private
- Founded year
- 1988
- Headcount range
- 11–50 employees
- Short description
- Mechanical Technology, Inc. (MTI) is a privately held Albany, New York-based engineering firm founded in 1988 that has spent roughly 30 years in energy research and product development, with historical NYSERDA grant funding its only documented capital activity.
- Ownership category
- akta.pro rank
Mechanical Technology industry classification
Industry- Product category
- Industrial Instrumentation & Controls
- NAICS
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)
- akta.pro primary industry
- Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters) (EUAMAHAJ)
- akta.pro secondary industry
- Electrical & Instrumentation (E&I) Maintenance for Energy Facilities (EUAEAGAJ)
Keywords
Where Mechanical Technology is headquartered
LocationHeadquarters
- HQ city
- Albany
- HQ country
- United States
- HQ region
- North America
Markets served
Mechanical Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations
Mechanical Technology product offering
Product offeringCore offering
Mechanical Technology, Inc. (MTI) is engaged in energy research and product development, operating for approximately 30 years in this field. The company is based in Albany, United States, and operates a website at mticontrols.com, suggesting involvement in controls-related instrumentation or devices.
Differentiator
Problem solved
Functional benefit
Companies that use Mechanical Technology
Customer profileIdeal customer profiles1 record
Mechanical Technology technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mechanical Technology partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Mechanical Technology competitors and assessment
Company assessmentBroad incumbents
- Eaton: Power management company providing electrical control, metering, and instrumentation products to utilities and industrial customers. Comparable as a broad incumbent competing for energy facility instrumentation and controls spend.
- Honeywell Process Solutions: Honeywell's process automation division supplies measurement instruments, control systems, and SCADA solutions to energy, chemical, and utilities customers. Relevant as a broad incumbent overlapping MTI's measurement and controls category.
- Schneider Electric: Global energy management and automation company offering metering, monitoring, and control hardware and software. Comparable as a broad incumbent whose EcoStruxure platform overlaps MTI's industrial controls and measurement positioning.
- Emerson Electric: Global industrial automation and process controls incumbent offering measurement, instrumentation, and control valves. Comparable as a large-scale provider of industrial measurement and control products that compete for the same utility and energy-facility buyers MTI targets.
- Yokogawa Electric: Specialist in industrial process measurement, control systems, and field instruments for the energy sector. Comparable to MTI as a controls and instrumentation vendor serving power generation, T&D, and renewable operators.
Emerging players
- Accuenergy: Manufacturer of power and energy metering, monitoring, and control devices used in commercial and industrial facilities. Directly comparable as a focused measurement-and-controls hardware specialist serving energy management use cases.
- Advantech: Industrial IoT and embedded computing platform provider for energy monitoring, SCADA, and facility automation. Comparable as an emerging controls/data-acquisition hardware specialist targeting similar energy-monitoring buyers.
Regional players
- Axiom Energy Group: Energy services and controls firm operating in Northeast US markets, often interfacing with NYSERDA-funded programs. Comparable as a regional peer in the same energy-controls niche serving New York–area utility and facility customers.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Mechanical Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mechanical Technology leadership team
Management profileNumber of profiles
Mechanical Technology funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mechanical Technology 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 Mechanical Technology
What does Mechanical Technology do?
Mechanical Technology, Inc. (MTI) is engaged in energy research and product development, operating for approximately 30 years in this field. The company is based in Albany, United States, and operates a website at mticontrols.com, suggesting involvement in controls-related instrumentation or devices.
When was Mechanical Technology founded?
Mechanical Technology was founded in 1988. It employs 11 to 50 people.
Where is Mechanical Technology based?
Mechanical Technology is headquartered in Albany, United States, in the North America region.
Who are Mechanical Technology's main competitors?
Broad incumbents on record are Eaton, Honeywell Process Solutions, Schneider Electric, Emerson Electric and Yokogawa Electric. Emerging players are Accuenergy and Advantech. Axiom Energy Group is listed as a regional player.
Does Mechanical Technology have an API?
No public API is recorded for Mechanical Technology.
What industry is Mechanical Technology in?
Mechanical Technology's product category is Industrial Instrumentation & Controls. Its primary akta.pro industry code is EUAMAHAJ, Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters), with a secondary code of EUAEAGAJ, Electrical & Instrumentation (E&I) Maintenance for Energy Facilities. Its NAICS code is 33451 and its SIC code is 3823.