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Back in 2024, Atlas contacted me regarding the Protomate coupler design and we entered into an NDA for possible licensing agreement for the Protomate design (Exactly what DKS was hoping for, BTW but I digress).
All change comes with a sense of loss. It's ok to grieve the loss of a unique company that was integral to N scale and our hobby. MTL was US based and seemingly filled with nice folks and a great marketing story. But don't fall into the trap of assigning your grief to Atlas. That might feel good temporarily, and scratch an itch, but its unfounded. Atlas simply picked up the pieces of a company without a long range option or plan. One that was for sale, for a suggested high price and stipulation to keep production in the US. But there weren't suitors for that unicorn scenario. Hope was the wrong strategy. The price fell as the outlook continued a downward trajectory. Kudos to Atlas for seeing the value they did.
...With the notable exception of the quality of their code 55 turnouts, I have only the deepest respect for Atlas and look forward to seeing how they perpetuate (and hopefully continue to improve upon) the MTL legacy.
Although I am very favorably impressed by many of Atlas' N-scale products, their entire line of Code55 trackage was ill-thought out and badly designed, starting with the loose rail design, then with the huge cubical thingies holding the rails to the ties, which interfered (and still do) with the use of older pizza-cutter wheelsets. So, it isn't just their Code55 turnouts that are badly designed and executed, but also their flex.
I've never understood the desire to keep pizza-cutter wheels if running on code 55 or smaller track, regardless of the track manufacturer.