MpicoSys

What MpicoSys does

MpicoSys Solutions B.V. is a privately held Dutch engineering company founded in 2006 and headquartered at Flight Forum 40, Eindhoven, with R&D operations in Gdynia, Poland via a wholly owned subsidiary (MpicoSys – Embedded Pico Systems Sp. z o.o.). The firm designs ultra-low-power and no-power ePaper/E Ink display systems, combining its own timing controllers (TCM2/TCM3), proprietary waveform IP for cold-temperature updates (-15°C since 2014), a 'narcoleptic' ultra-low-power OS, and a low-current solar charge controller (~1.2mA vs ~10mA baseline). Product lines include the EPIS real-time passenger information system (open-frame IP65 modules + GSM/LTE comms + solar charge controller), PicoSign indoor WiFi/POE signage (7.8"–31.2"), PicoLabel NFC-updated battery-free labels, custom epaper products, evaluation kits, and Penta Testing IT-security services. Named end-customer references include Movia (Copenhagen transit: 1,200+ solar bus-stop displays since 2014), the United Nations HQ New York (231-tile eWall), Casala (Zifra chair numbering systems, 3 generations since 2010, including Westminster Abbey), Media Markt (45-store ESL rollout in the Netherlands), and MultiQ as a channel integrator.

Revenue is generated through four streams: (i) custom product development under quote-based professional-services engagements with staged milestone payments (typically 40/30/30 or 50/50), (ii) hardware sales of standard products and OEM modules to enterprise and channel customers, (iii) evaluation kits sold via an online shop (€560–€2,210), and (iv) IT-security and embedded consultancy. Go-to-market combines direct enterprise sales (Frank Esman, Alyaxey Paroshin) with a partner program for VARs and integrators serving transit and industrial customers. Certifications include ISO 9001:2015 (Jan 2021, SGS) and NXP Gold Partner status (Dec 2019), supporting transit- and government-tender eligibility.

Name

MpicoSys

Legal name

MpicoSys Solutions B.V.

Website

https://mpicosys.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

MpicoSys is a Dutch engineering firm (Eindhoven, with R&D in Gdynia, Poland) that designs ultra-low-power and no-power ePaper/E Ink display systems — including real-time passenger information (EPIS), indoor signage (PicoSign), NFC battery-free labels (PicoLabel), and proprietary timing controllers — for transit authorities, retailers, integrators, and IoT OEMs.

Ownership category

akta.pro rank

Product category

Electronic Paper Display Solutions

NAICS

Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

eReaders & ePaper Tablets (HDACAMAK)

Keywords

• Epaper display solutions
• Low-power electronic signage
• Passenger information systems
• NFC enabled labels
• Embedded timing controllers

Headquarters

HQ city

Eindhoven

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Product Development: Customer-specific design and engineering services from concept through to finalized product. Includes prototyping, development projects, and production.
2. Standard Products: Standard epaper products including PicoSign indoor signage, EPIS passenger information system, timing controllers, and PicoLabel NFC updated labels sold directly to customers.
3. Evaluation Kits: Development and evaluation kits for E Ink displays sold through the company shop. Products include TCM2 driver boards for 13.3 and 31.2 inch displays with prices ranging from 560-2210 EUR.
4. Consultancy Services: Low power, embedded, and IT security consultancy services provided to various companies and organizations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

MpicoSys designs and engineers ultra-low-power and no-power ePaper (E-ink) display systems and modules, including the EPIS real-time solar-powered passenger information system, PicoSign WiFi/POE indoor signage, NFC-updated PicoLabel labels, and TCM2/TCM3 timing controllers for E-ink panels from 7.8" to 31.2". The company also offers custom epaper product development from concept to production and Penta Testing security services for IoT and epaper products.

Product overview

MpicoSys offers a modular epaper/e-ink product portfolio focused on ultra-low-power display solutions. The core offering is the EPIS (Epaper Passenger Information System) platform, comprising open frame display modules, GSM/LTE communication modules, and low-power solar charge controllers for outdoor real-time passenger information at bus stops. Supporting the platform are PicoSign indoor signage (WiFi/POE updated), PicoLabel NFC-updated labels (no battery), and custom epaper products. Technical foundation includes MpicoSys's own TCM2/TCM3 timing controllers and waveforms for driving E Ink displays in various sizes (7.8" to 31.2"), enabling frontlight, sub-zero temperature updates (-15°C), and flashless operation. The company also provides Penta Testing security services and custom product development.

Differentiator

Problem solved

Functional benefit

Brands

• EPIS: Epaper Passenger Information System - realtime passenger information solution for public transport
• PicoSign
• PicoLabel
• TCM

Products and services

• EPIS (ePaper Passenger Information System) Real-time, solar-powered ePaper passenger information system for bus stops and public transport, combining open frame E-ink display modules with GSM/LTE communication, low-power solar charge controllers, and a backend SaaS. Supports 3-4 updates per minute and operates at temperatures down to -15°C.
• PicoSign Indoor Signage Battery-powered indoor e-paper signage updated via WiFi or Power over Ethernet (POE), marketed as 'connect and play' for meeting room displays, visitor information, and room signage. Available in 7.8", 9.7", 13.3", and 31.2" display sizes.
• PicoLabel NFC Updated Labels NFC-updated ePaper labels with no battery requirement, harvesting energy from the NFC field for updates. Used for visitor badges, logistics labels, doorsigns, and venue chair numbering.
• Custom ePaper Labels and Cards Custom-designed ePaper labels and cards for specialized applications, including employee/visitor badges, name signs, and logistics applications using NFC or other update mechanisms. Delivered through MpicoSys's custom product development service.
• Epaper Timing Controllers (TCM2 / TCM3) Low-power timing controllers for E-ink displays enabling frontlight, graphic libraries, and sub-zero temperature updates. Supports 7.8", 9.7", 11.3", 13.3", 28", and 31.2" displays as well as Holitech and Pervasive Displays panels, with flashless update and partial image upload.
• EVK Ultra Low Power TCM2 Driver Board Evaluation Kit Evaluation kit for the E Ink 31.2" B/W ED312TT2 display featuring MpicoSys TCM2 timing controller. Includes TCM board, USB2TCM interface, ribbon cables, and 2 hours of design-in support. Power consumption as low as 118mJ per quality 2-bit update.
• Penta Testing Service IT security testing service offering friendly hacking of products, fingerprint spoofing prevention, and security consulting for epaper and IoT products.

Quantifiable outcome

• EPIS system consumes only 0.1 Watt for the entire system including frontlight
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• E InkcoreTechnology or IntegrationE Ink Holdings is the primary display technology supplier for MpicoSys. MpicoSys uses E Ink displays and has developed custom waveforms and timing controllers optimized for E Ink panels. The partnership includes collaboration on large projects like the UN eWall and development of new color displays like Spectra 6.
• Pervasive DisplayscoreTechnology or IntegrationPervasive Displays provides TFT and display modules used in MpicoSys products. They collaborated on the world's largest tiled ePaper display at UN headquarters. MpicoSys provides Tcon solutions for Pervasive Displays panels.
• NXP SemiconductorscoreTechnology or IntegrationNXP is a major supplier and MpicoSys is a Gold Partner in the NXP Partner Program. The partnership enables consultancy in low power and embedding NXP products. CTO Pawel Musial has expertise in NFC and security using NXP technology.
• 6G Flagship / University of OuluminorStrategic or Co-development PartnerMpicoSys is a partner in the SuperIoT EU-funded research project coordinated by 6G Flagship at University of Oulu. The 5M EUR project runs from Q1 2023 to Q1 2026 focusing on sustainable and reconfigurable IoT technologies.
• European CommissionminorOthersPreviously partnered in EU FP7 ROPAS project (Roll-to-roll Paper Sensors) with budget exceeding 3M EUR focused on integrating electronic components into paper.
• MultiQcoreChannel Partner/ Reseller/ DistributorMultiQ is the VAR/integrator who installed EPIS systems for Movia in Copenhagen. They serve as the channel partner bringing MpicoSys products to the Danish transit market.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Pervasive Displays: Designs and supplies E Ink display modules and reference timing-controller boards across small-to-large panel sizes - the closest direct competitor to MpicoSys's TCM/display-module product line and also one of MpicoSys's existing partners.
• Holitech Group: Manufactures E Ink display modules (including the 1.5" module used in MpicoSys-built Zifra III) and competes for integrated ePaper product programs; existing co-development partner that could substitute for or against MpicoSys in low-power signage wins.
• SES-imagotag (VusionGroup): Global leader in electronic shelf labels and connected retail signage; directly comparable to MpicoSys's Media Markt ESL deployment using MpicoSys timing controllers, with much broader scale and a full cloud/RF stack.
• Plastic Logic (R&D Flexible): Produces flexible organic ePaper-like displays used in wearable badges, sensors and signage; competes with MpicoSys's NFC-updated PicoLabel and custom ePaper product categories.
• Good Display: Supplies E Ink display modules, driver boards (HATs) and development kits across small-to-large sizes - a direct competitor to MpicoSys's TCM timing-controller and evaluation-kit product family for developers and integrators.

Broad incumbents

• E Ink Holdings: Dominant upstream supplier of E Ink panels and a developer of reference designs, drivers and integrated signage solutions; competes with MpicoSys in display-controller and integrated-product categories while remaining MpicoSys's primary panel supplier.
• SoluM: Samsung-owned ESL and IoT signage provider competing in retail pricing labels and indoor electronic signage - the broad incumbent comparable to MpicoSys's electronic shelf labeling and indoor PicoSign product lines.
• BOE Technology: One of the world's largest flat-panel display makers with growing ePaper product lines for ESL, signage and IoT; competes broadly with MpicoSys in the larger low-power digital signage category and could compress the niche with scale.

Emerging players

• CLEARink Technologies: Develops next-generation reflective ePaper/electronic-ink displays targeted at signage and IoT, with overlapping end markets (low-power outdoor signage, retail labels) to MpicoSys's EPIS, PicoSign and PicoLabel products.
• Waveshare Electronics: Sells low-cost E Ink driver boards, HATs and developer kits to OEMs and makers - comparable to MpicoSys's TCM2 evaluation kits and TCM timing controllers, though at a more mass-market/low-cost price point.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mpicosys
• Facebookfacebook.com/mpicosys
• LinkedInlinkedin.com/company/mpicosys

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MpicoSys