AMT was originated by faculties of Purdue University Calumet, Indiana.
Co-founder of the company is the Russian Foundation for Assistance to Small Innovative Enterprises (FASIE)
The Board of Directors of AMT:
The President and CEO of the company is Yuri Rabinovich, who started connecting the magnet world since 1992 in Russia, providing consulting to foreign magnet producers and customers, facilitating their contacts with magnet manufacturers of Russia and other CIS countries.
Vice-President, business development, is Nina Fonstein, who had been leading from 1994 the International Technology & Business Incubator (Russia) sponsored by US Agency of the International Development.