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<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="4">UNITED
STATES</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="4">SECURITIES
AND EXCHANGE COMMISSION</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">WASHINGTON,
D.C. 20549</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="4">FORM&nbsp;8-K</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">CURRENT
REPORT</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">PURSUANT
TO SECTION&nbsp;13 OR 15(d)</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">OF
THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><font size="2">Date
of Report (Date of earliest event reported) </font><b><font size="2">February 26, 2021 (February 24,
2021)</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="5">MECHANICAL
TECHNOLOGY, INCORPORATED</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><font size="2">(Exact
name of registrant as specified in its charter)</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="32%" valign=top style='width:32.0%;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>New
  York</b></p></td>
		<td width="2%" valign=bottom style='width:2.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
  line-height:normal'>&nbsp;</p></td>
		<td width="32%" valign=top style='width:32.0%;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>000-06890</b></p></td>
		<td width="2%" valign=bottom style='width:2.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
  line-height:normal'>&nbsp;</p></td>
		<td width="32%" valign=top style='width:32.0%;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>14-1462255</b></p></td>
	</tr>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">(State
  or other jurisdiction<br>of Incorporation)</font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
  line-height:normal'>&nbsp;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">(Commission<br>File Number)</font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
  line-height:normal'>&nbsp;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">(IRS
  Employer<br>Identification Number)</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="50%" valign=top style='width:50.0%;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>325
  Washington Avenue Extension</b></p>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>Albany,
  New &nbsp;York</b></p></td>
		<td width="1%" valign=bottom style='width:1.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="49%" valign=bottom style='width:49.0%;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b>12205</b></p></td>
	</tr>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">(Address
  of registrant's principal executive office)</font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">(Zip
  code)</font></p></td>
	</tr>
</table>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">&nbsp;</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b>(518)
218-2550</b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><font size="2">(Registrant's
telephone number, including area code)</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b>N/A</b></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><font size="2">(Former
name or former address, if changed since last report)</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
text-indent:.5in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General Instruction A.2.
below): </font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=24 valign=top style='width:.25in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; line-height:normal'>&#9744;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><font size="2">Written communications pursuant to Rule 425
  under the Securities Act (17 CFR 230.425)</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=24 valign=top style='width:.25in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; line-height:normal'>
		&#9744;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><font size="2">Soliciting material pursuant to Rule 14a-12
  under the Exchange Act (17 CFR 240.14a-12)</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=24 valign=top style='width:.25in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; line-height:normal'>
		&#9744;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><font size="2">Pre-commencement communications pursuant to
  Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=24 valign=top style='width:.25in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; line-height:normal'>
		&#9744;</p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><font size="2">Pre-commencement communications pursuant to
  Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">&nbsp;Securities
registered pursuant to Section 12(b) of the Act:</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:justify;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;background:white;border-collapse:collapse'>
	<tr>
		<td width="32%" valign=bottom style='width:32.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b><font size="2">Title
  of each class</font></b></p></td>
		<td width="1%" valign=bottom style='width:1.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="34%" valign=bottom style='width:34.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b><font size="2">Trading symbol(s)</font></b></p></td>
		<td width="1%" valign=bottom style='width:1.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="32%" valign=bottom style='width:32.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b><font size="2">Name of each exchange on which<br>registered</font></b></p>
		</td>
	</tr>
	<tr>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">None</font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">N/A</font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><font size="2">N/A</font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">Indicate
by check mark whether the registrant is an emerging growth company as defined
in Rule&nbsp;405 of the Securities Act of 1933 or Rule&nbsp;12b-2 of the
Securities Exchange Act of 1934.</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; text-indent:.5in;line-height:normal'>
<font face="Times New Roman" size="2">Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>&#9745;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; text-align:justify;line-height:
normal'><font face="Times New Roman" size="2">If
an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of
the Exchange Act.&nbsp;</font>&#9744;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:justify;line-height:
normal'>&nbsp;</p>
<hr><p style="page-break-after: always"></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:6.0pt;line-height:normal'>&nbsp;</p>
<font size="2">&nbsp;</font><b><font size="2">Item 5.02
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.</font></b></p>
<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
<b><i><font size="2">Appointment of Aly
Madhavji to Board of Directors</font></i></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">On February
24, 2021, the Board, pursuant to its
powers under the Company's certificate of incorporation and bylaws,
appointed Aly Madhavji as a member of the Board to fill an existing vacancy in
the Board, effective February 24, 2021. Mr. Madhavji will serve with directors
serving on the class of directors whose terms expire in 2022, and until the 2022
annual meeting of the Company's stockholders, at which time, if nominated, he
will stand for election for a three-year term until the third annual meeting of
the Company's stockholders following his election, or his earlier resignation,
retirement, or other termination of service.</font></p>
<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
<font size="2">&nbsp;&nbsp;</font></p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">There
was no understanding or arrangement between Mr. Madhavji and any other person
pursuant to which Mr. Madhavji was appointed as a director. Mr. Madhavji is not
party to any transaction, or series of transactions, required to be disclosed
pursuant to Item 404(a) of Regulation S-K. &nbsp;&nbsp;</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">On February
25, 2021, the Company issued a press release announcing the appointment of Mr. Madhavji
to the Board, a copy of which is furnished herewith as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by reference. The
information in such exhibit shall not be deemed filed for purposes of
Section&nbsp;18 of the Securities Act of 1934, as amended, or otherwise subject
to the liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in such filing.
</font></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:justify;line-height:
normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=72 valign=top style='width:.75in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<b><font size="2">Item 9.01</font></b></p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><b><font size="2">Financial
  Statements and Exhibits.</font></b></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%'>
	<tr>
		<td width=0 valign=top style='width:.3pt;padding:0in 0in 0in 0in'></td>
		<td width=72 valign=top style='width:.75in;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<b><font size="2">(d)</font></b></p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
  normal'><b><font size="2">Exhibits</font></b></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td width="12%" valign=bottom style='width:12.0%;border:none;border-bottom:
  solid black 1.0pt;padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<b><font size="2">No.</font></b></p></td>
		<td width="1%" valign=bottom style='width:1.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
  line-height:normal'>&nbsp;</p></td>
		<td valign=bottom style='border:none;border-bottom:solid black 1.0pt;
  padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";text-align:center;
  line-height:normal'><b><font size="2">Description</font></b></p></td>
	</tr>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2"><a href="ex99.htm">99.1</a></font></p></td>
		<td valign=bottom style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2"><a href="ex99.htm">Press Release of
  the Company, dated February 25, 2021.</a></font></p></td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:justify;line-height:
normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:6.0pt;line-height:normal'>&nbsp;</p>
<hr><p style="page-break-after: always"></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;line-height:normal;page-break-before:always'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:justify;line-height:
normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:center;
line-height:normal'><b><font size="2">SIGNATURES</font></b></p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;text-align:center;
line-height:normal'>&nbsp;</p>
<p style='margin:0in; font-family:"Times New Roman";text-align:justify;line-height:
normal'><font size="2">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></p>
<p style='margin:0in; font-family:"Times New Roman";text-indent:.5in;line-height:normal'>
<font size="2">&nbsp;&nbsp;</font></p>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2">Date: February 26,
  2021</font></p></td>
		<td colspan=2 valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<b><font size="2">MECHANICAL
  TECHNOLOGY, INCORPORATED</font></b></p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
	</tr>
	<tr>
		<td width="52%" valign=top style='width:52.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="1%" valign=top style='width:1.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="35%" valign=top style='width:35.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td width="12%" valign=top style='width:12.0%;padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
	</tr>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2">By:</font></p></td>
		<td valign=top style='border:none;border-bottom:solid black 1.0pt;padding:
  0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2">/s/ Jessica L.
  Thomas</font></p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
	</tr>
	<tr>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2">Name: Jessica L.
  Thomas</font></p>
		<p style='margin:0in; font-family:"Times New Roman";line-height:normal'>
		<font size="2">Title: Chief Financial
  Officer</font></p></td>
		<td valign=top style='padding:0in 0in 0in 0in'>
		<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
		</td>
	</tr>
</table>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:6.0pt;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;margin-bottom:0in;line-height:normal'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:8.0pt;margin-left:0in;font-size:11.0pt;font-family:"Calibri",sans-serif;'>&nbsp;</p>

</body>

</html>
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{"company-data": {"conformed-name": "MECHANICAL TECHNOLOGY INC", "cik": "0000064463", "assigned-sic": "3829", "irs-number": "141462255", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-06890", "film-number": "21684013"}, "business-address": {"street1": "325 WASHINGTON AVENUE EXTENSION", "city": "ALBANY", "state": "NY", "zip": "12205", "phone": "518-218-2500"}, "mail-address": {"street1": "325 WASHINGTON AVENUE EXTENSION", "city": "ALBANY", "state": "NY", "zip": "12205"}}
Prepared by EDGARX.com
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported)
February 26, 2021 (February 24,
2021)
MECHANICAL
TECHNOLOGY, INCORPORATED
(Exact
name of registrant as specified in its charter)
New
  York
000-06890
14-1462255
(State
  or other jurisdiction
of Incorporation)
(Commission
File Number)
(IRS
  Employer
Identification Number)
325
  Washington Avenue Extension
Albany,
  New  York
12205
(Address
  of registrant's principal executive office)
(Zip
  code)
(518)
218-2550
(Registrant's
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions (see General Instruction A.2.
below):
☐
Written communications pursuant to Rule 425
  under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12
  under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to
  Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to
  Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
  of each class
Trading symbol(s)
Name of each exchange on which
registered
None
N/A
N/A
Indicate
by check mark whether the registrant is an emerging growth company as defined
in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the
Securities Exchange Act of 1934.
Emerging growth company
☑
If
an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of
the Exchange Act.
☐
Item 5.02
     Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Appointment of Aly
Madhavji to Board of Directors
On February
24, 2021, the Board, pursuant to its
powers under the Company's certificate of incorporation and bylaws,
appointed Aly Madhavji as a member of the Board to fill an existing vacancy in
the Board, effective February 24, 2021. Mr. Madhavji will serve with directors
serving on the class of directors whose terms expire in 2022, and until the 2022
annual meeting of the Company's stockholders, at which time, if nominated, he
will stand for election for a three-year term until the third annual meeting of
the Company's stockholders following his election, or his earlier resignation,
retirement, or other termination of service.
There
was no understanding or arrangement between Mr. Madhavji and any other person
pursuant to which Mr. Madhavji was appointed as a director. Mr. Madhavji is not
party to any transaction, or series of transactions, required to be disclosed
pursuant to Item 404(a) of Regulation S-K.
On February
25, 2021, the Company issued a press release announcing the appointment of Mr. Madhavji
to the Board, a copy of which is furnished herewith as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by reference. The
information in such exhibit shall not be deemed filed for purposes of
Section 18 of the Securities Act of 1934, as amended, or otherwise subject
to the liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, except as expressly set forth by specific reference in such filing.
Item 9.01
Financial
  Statements and Exhibits.
(d)
Exhibits
No.
Description
99.1
Press Release of
  the Company, dated February 25, 2021.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: February 26,
  2021
MECHANICAL
  TECHNOLOGY, INCORPORATED
By:
/s/ Jessica L.
  Thomas
Name: Jessica L.
  Thomas
Title: Chief Financial
  Officer