Mechanical Technology, Incorporated announced an agreement to acquire land is an important step in the Company's plan to build an ultra low-cost green data center that will fulfill the Company's goal of becoming an ultra capital efficient data center operator. The Company anticipates that the site, which is located in the Southeast United States, represents a critical step in its strategic roadmap to grow its EcoChain business.  The Company has set an objective to complete construction of a 25MW data center that will be operational in the fourth quarter of 2021.