interestingly, but I guess not surprising, most Mecha magical girl shows usually are found in work aimed towards boys and men.
I think this is why I have so much trouble pinning it down because shonen and seinen ideals and tropes speak to a different audience than say "Fushigiboshi no Futagohime".
In the 90's we got Magic Knight Rayearth which combines Magical Girls, RPG Fantasy and mechs.
the show uses the mechs as their trump card so It's not really like it is the defining thing for it. Rayearth gained enough popularity with girls and boys to become sort of gender neutral in terms of demographic.
but aside from that we got lots of little OVAs with high-tech armor, giant mecha swords and space battles.
Moldiver:
Taking cues from more traditional tokusatsu super heroes (Ultraman for example). Mirai accidentally activates her older brothers super-suit and is able to transform into the heroine "Moldiver"
I haven't seen enough of Moldiver to know why Wiki has it listed as "mecha" but since it plays into alot of sci-fi and superhero tropes I wouldn't be surprised.
Galaxy Fraulein Yuna:
wiki synop: "After winning a "Galactic Bishōjo Contest", she becomes "The Savior of Light", a magical girl charged with defending the universe from evil. After becoming the "The Savior of Light", Yuna gains an impressively powerful armored suit"
An interesting note about her origin is that she was originally designed by Akitaka Mika who designed several Gundams, he did a series titled "Mobile Suit Girls" (MS Girls) which became the groundwork for Yuna.
since the mecha suit (in the context of the show) was made by a strange unexplained source I think its good enough to count as a magical girl.
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Next Up is "Hyper Speed GranDoll"
Hikaru is a girl who discovers that she is really part of a royal lineage of aliens from a distant planet and had strange powers since she was a child. She's given the "GranKnight" to transform and defeat evil.
I haven't seen this one at all, but it seems to fit the bill
Lastly to round-up the 90s, Cyber-team in Akihabara:
Hibari has always wanted the hottest big trend - the PataPi, a little pet/personal assistant who's always got your back. After receiving one from a Prince in her dreams, Hibari's Patapi has the magical ability to transform into a winged mecha warrior to defeat villains.
Later in the series Hibari is able to transform also using her PataPi's power.
This show feels like such a hodgepodge of other big 90s shows its a little hard to take seriously and also hard to pin down. Sometimes it wants to be a fanservice comedy, sometimes it wants to be a coming of age story, other times it wants to be a philosophical wonderland like Evangelion and Utena.
but this show is just weird enough to count as "magic" so I think it counts.