Best Firmware Development Service Providers

Mistral Solutions vs Very: full comparison for 2026

Quick verdict

Mistral Solutions (4.1/5) edges ahead of Very (3.8/5) overall. Mistral Solutions is the better choice for defence and aerospace embedded programmes in India. Very is the stronger option for US companies building a first connected product. The right choice depends on your project size, budget, and required tech stack.

Mistral Solutions vs Very: head-to-head summary

Criterion Mistral Solutions Very
Founded 1997 2011
HQ Bengaluru, India USA (fully distributed)
Team size 201–500 51–200
Rating 4.1 / 5 3.8 / 5
Primary differentiator Board design, BSPs and rugged systems for defence and aerospace, with TI partnership Product-strategy-led IoT development with Nerves and Elixir experience
Pricing model Fixed project, time & materials Time & materials, fixed project
Min. engagement Not disclosed Not disclosed
Primary tech stack C, Embedded Linux, VxWorks C, Elixir, Nerves
Industries served Aerospace & defence, Industrial IoT, Medical devices, Semiconductors Industrial IoT, Consumer electronics, Energy & EV charging

Mistral Solutions vs Very: overview

Mistral Solutions

Anees Ahmed and Rajeev Ramachandra started Mistral Solutions in Bengaluru in 1997, and it has grown into one of India's better-known embedded design houses, with 300 or more staff at the time of its acquisition. AXISCADES Technologies announced the purchase in 2017 and completed it in December 2022 for Rs 296 crore. Mistral designs boards, writes BSPs and firmware, and builds rugged systems, with defence and aerospace programmes as its largest market. It is a long-time Texas Instruments design partner.

Very

Very is a US IoT engineering firm that grew out of a design and development agency founded in 2011 and now works as a distributed team, with its earlier base in Chattanooga, Tennessee. Directory listings put its size at 51 to 200 people. It builds IoT products across hardware engineering, firmware, mobile apps and data, and it hired a co-author of the Nerves project, which runs Elixir on embedded Linux. Reviews mention hardware, firmware, React Native and AI feature work, so firmware is one part of a broader product offer.

Services and capabilities: Mistral Solutions vs Very

Capability Mistral Solutions Very
Bare-metal & RTOS firmware ✓ ✗
Embedded Linux & BSP ✓ ✓
Electronics & PCB design ✓ ✓
Wireless & IoT connectivity ✗ ✓
Secure boot & OTA ✗ ✗
FPGA development ✓ ✗
Firmware testing & HIL ✗ ✗
Dedicated team model ✗ ✗

Tech stack comparison: Mistral Solutions vs Very

Framework / platform Mistral Solutions Very
FreeRTOS ✓ N/A
Zephyr N/A N/A
Embedded Linux ✓ ✓
Yocto N/A N/A
AUTOSAR N/A N/A
STM32 N/A N/A
Nordic N/A ✓
NXP N/A N/A
FPGA ✓ N/A

Pricing comparison: Mistral Solutions vs Very

Criterion Mistral Solutions Very
Minimum engagement Not disclosed Not disclosed
Engagement models Fixed project, Time & materials Fixed project, Time & materials
Rate transparency Not public Not public
Price tier Mid-market Mid-market

Target audience comparison: Mistral Solutions vs Very

Dimension Mistral Solutions Very
Best company size Startup to mid-market Startup to mid-market
Best industries Aerospace & defence, Industrial IoT, Medical devices Industrial IoT, Consumer electronics, Energy & EV charging
Best use cases Designing a rugged single-board computer and its BSP, Building DSP firmware for a radar or communications subsystem Taking a first IoT product from concept to pilot, Building Nerves-based device software on embedded Linux
Typical project type Fixed project Fixed project

Mistral Solutions vs Very: pros and cons

Mistral Solutions
+ Long experience with ruggedized and defence-grade embedded hardware
+ Covers board design, FPGA and firmware within one Indian vendor
+ Texas Instruments partnership spanning Sitara and DSP platforms
- Owned by AXISCADES since 2022, which brings group priorities tied to aerospace and defence
- Defence focus means commercial IoT is a smaller share of its work
- Export-control constraints may limit what some foreign clients can share
Very
+ Combines product strategy, design and engineering for teams new to hardware
+ Nerves experience is rare and useful for Elixir-based device software
+ Delivers the device, app and data platform together
- Firmware is one part of a product agency offer
- US rates without a lower-cost offshore option
- Office location and headcount details vary between sources

Who should choose Mistral Solutions?

A typical fit: designing a rugged single-board computer and its BSP.

Board design, BSPs and rugged systems for defence and aerospace, with TI partnership. Minimum engagement is not publicly disclosed. Works best with clients in Aerospace & defence, Industrial IoT, Medical devices, Semiconductors.

Who should choose Very?

A typical fit: taking a first IoT product from concept to pilot.

Product-strategy-led IoT development with Nerves and Elixir experience. Minimum engagement is not publicly disclosed. Works best with clients in Industrial IoT, Consumer electronics, Energy & EV charging.

Decision matrix: Mistral Solutions vs Very

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Mistral Solutions
You need a large dedicated team for an ongoing programme Check each company's engagement model
Your budget is at the lower end Compare: Mistral Solutions (Not disclosed) vs Very (Not disclosed)
You need specialist depth in a specific vertical Mistral Solutions
You need engineers to extend your own firmware team Neither lists a dedicated-team model
You need consulting before committing to a build Both may offer discovery engagements

Use case fit: Mistral Solutions vs Very

Use case Mistral Solutions fit Very fit Winner
Designing a rugged single-board computer and its BSP Strong Limited Mistral Solutions
Building DSP firmware for a radar or communications subsystem Strong Limited Mistral Solutions
Taking a first IoT product from concept to pilot Limited Strong Very
Building Nerves-based device software on embedded Linux Limited Strong Very
Fixed-price firmware build Strong Strong Both
Extending an in-house firmware team Strong Strong Both

Verdict: Mistral Solutions vs Very

Mistral Solutions (4.1/5) is the stronger overall choice for most Firmware Development projects. Board design, BSPs and rugged systems for defence and aerospace, with TI partnership.

Very (3.8/5) is worth a look if you need building Nerves-based device software on embedded Linux. If your situation matches that, Very is a competitive option.

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Mistral Solutions vs Very FAQ

Is Mistral Solutions better than Very?

Mistral Solutions (4.1/5) scores higher overall, but "better" depends on your use case. Mistral Solutions's strongest advantage: long experience with ruggedized and defence-grade embedded hardware. Very's strongest advantage: combines product strategy, design and engineering for teams new to hardware.

How do Mistral Solutions and Very differ in pricing?

Mistral Solutions uses fixed project, time & materials pricing. Very uses time & materials, fixed project pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.

Which is better for enterprise: Mistral Solutions or Very?

Mistral Solutions is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each service provider before shortlisting.

What are the main differences between Mistral Solutions and Very?

Mistral Solutions's primary differentiator is: board design, BSPs and rugged systems for defence and aerospace, with TI partnership. Very's primary differentiator is: product-strategy-led IoT development with Nerves and Elixir experience. They also differ in team size (201–500 vs 51–200), minimum engagement (Not disclosed vs Not disclosed), and primary industries served (Aerospace & defence, Industrial IoT vs Industrial IoT, Consumer electronics).

Verify all details directly with each service provider before making a decision.