Mtechlabs

MTECH Laboratories research, develop, and commercialize spin-off technologies associated with magnetic resonance imaging.

Business Model:

Revenue: $6.2M

Employees: 11-50

Rankings

Detailed Mtechlabs Information

Geographic Data

Mtechlabs headquarters map

Address: 67 Bldg. 45C Curtis Industrial Park

City: Ballston Spa

State: NY

Zip: 12020

Country: US

Financial Info

Stage:

grant

Raised Last:

$50k

Raised Total:

$600k

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Description

MTECH Laboratories, LLC was founded in 2001 to research, develop, and commercialize spin-off technologies associated with magnetic resonance imaging (MRI). MTECH represents a diverse group of experienced individuals. Its President, Dr. Michael J. Hennessy, was formerly chief scientist at Intermagnetics General Corporation. MTECH Senior Engineer, Dr. Otward Mueller, was previously senior RF/MRI research engineer at General Electric&s;s Corporate Research and Development Center, and then formed a small research and development firm, LTE. Dr Mueller is considered by many to have pioneered the field of Cryogenic Power Electronics (circa 1985). MTECH Laboratories and LTE combined operations in 2001.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
8/2003 Grant 1 $250k NYSERDA
NYSERDA
3/2011 Grant 1 $300k NYSERDA
NYSERDA
4/2013 Grant 1 $50k NYSERDA
NYSERDA
Announced Date Name Price

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