Partnerships

MTT is frequently asked about the formation of partnerships. Under a partnership, MTT designs and manufactures the turbine-based product and then integrates it into your technology under an exclusive, long-term supply contract. The general rule is that MTT is the manufacturing arm and the partner is the facing unit to the market.

Within the partnership, MTT and the partner have defined equity positions. Each party shares in the risks and rewards proportionate to their investment. Partnership equity between the parties is defined under any combination of financial investment, technology value, goods and services supplied, or value-added engineering.

Furthermore, each party will own its proprietary technology, integration technology, and the intellectual property they brought into the partnership.