I thought NFPA 110 required mechanical switching, but it only requires mechanical holding.
( Now that I think about it, any type of automatic transfer operation is going to require an electric or magnetic signal to start the operation, even if it results in some type of mechanical mechanism to do the actual transfer. So I guess we can't really have a purely mechanically operated ATS.)
Anyhow, it does seem to allow circuit breakers since they are mechanically held:
NFPA 110:
6.2 ATS Features.
6.2.1*General. Automatic transfer switches shall be capable of all of the following:
(1)
Electrical operation and mechanical holding
Electrically held contactors (like a lighting contactor) would be prohibited.