No, unfortunately the DLLs and libraries in the MT SDK and Xsens Device API (XDA) are not compatible with ARM architectures. However there are open source (xda_public_cpp) examples in the MT Software Suite which demonstrate how to work on a low level with the sensors and which do not use the XDA libraries and thus are compatible with ARM.
In addition, as of MTSS version 4.9.1, there are embedded examples available for the MTi 1-series. These can be found in your MT Software Suite installation folder at:
C:\Program Files\Xsens\MT Software Suite x.x.x\MT SDK\Examples\embedded_examples