Mistral

What Mistral does

Mistral Solutions Pvt. Ltd. is a Bangalore-headquartered embedded product design and system engineering company founded in 1997, operating as a subsidiary of AXISCADES. It delivers end-to-end services — build-to-specification (BTS), build-to-print (BTP) and system engineering — across hardware design (PCB, FPGA, RF, mixed-signal, power), embedded and application software, verification & validation, and product lifecycle support. The business is organized around two verticals: Aerospace & Defense (RADAR, SONAR, electronic warfare, airborne telemetry, naval systems, ATE, tactical drones, C4ISR, counter-drone) certified by CEMILAC and AS9100D; and Electronics, Semiconductor & AI (mmWave RADAR modules, SoMs, edge AI platforms, industrial automation, ADAS, healthcare and consumer electronics).

The company's proprietary technology spans 77GHz automotive and 60GHz industrial mmWave RADAR modules, Qualcomm- and TI-based System on Modules (MRD8550 at 48 TOPS, MRD5165, AM65x, Snapdragon 820 Nano), NVIDIA Jetson-based carrier boards and the AI Sensor Fusion Kit Lite, plus defense-grade COTS boards and the newly launched SOSA-aligned Agilex 9 Direct RF 3U VPX processing module and Lattice-based DCP1000 data capture card. Mistral monetizes through professional engineering services and hardware sales (modules, kits, COTS boards and enclosures) priced on a quote/volume basis, with the DCP1000 publicly listed at $649/unit and most other products quote-driven. Distribution is hybrid: direct enterprise sales, an owned web store for kits/modules, regional offices across India and the USA, and co-marketing with silicon partners including Qualcomm, Texas Instruments, NVIDIA, Intel/Altera, AMD and Lattice.

Name

Mistral

Legal name

Mistral Solutions Pvt. Ltd.

Website

https://mistralsolutions.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Mistral Solutions is a Bangalore-based embedded product design and system engineering firm serving aerospace & defense and electronics/semiconductor/AI customers globally, with proprietary mmWave RADAR modules, SoMs and defense COTS solutions built around Qualcomm, TI, NVIDIA and Intel silicon.

Ownership category

akta.pro rank

Product category

Embedded Systems Design and Defense Electronics

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Computer Systems Design and Related Services (54151)

SIC

Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Guided Missiles & Space Vehicles & Parts (3760)

akta.pro primary industry

Radar Systems & Subsystems (Airborne, Ground, Naval) (IMABAGAA)

akta.pro secondary industries

Avionics Test, Simulation & Calibration Equipment (IMABAFAN), Small Unmanned Aerial Systems (sUAS) & Multirotor Drones (IMABAIAA), Surveillance & Identification Avionics (ADS-B/Transponders/TCAS) (IMABAFAM)

Keywords

• Embedded product design
• Embedded systems engineering
• MmWave RADAR modules
• System on module
• Defense electronics

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Embedded Product Design Services: End-to-end product design and development services including build-to-specification (BTS), build-to-print (BTP), and comprehensive system engineering. Services span hardware design (PCB, FPGA, RF, mixed-signal), software development (embedded, system, application), and quality assurance/testing services.
2. System on Module (SoM) Products: Sale of SOM products including MRD8550, MRD5165, AM65x Industrial SOM, and SnapDragon 820 Nano SOM. These are compute modules targeting industrial, automotive, drone, and robotics applications.
3. Development Platforms and Kits: Sale of development platforms including Merlin Kit, Eagle Kit, development kits, and sensor fusion kits. These enable rapid product development for customers.
4. mmWave RADAR Modules: Sale of 77GHz and 60GHz RADAR modules for automotive and industrial applications, including software IPs for host parsing, remote firmware upgrade, and multi-configuration management.
5. Defense Solutions (COTS): Commercial Off-The-Shelf (COTS) solutions for defense including boards, systems, software, and enclosures meeting defense industry standards.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Mistral Solutions provides end-to-end embedded product design and development services (build-to-specification, build-to-print, system engineering, hardware/FPGA/RF/PCB design, embedded and application software, DO-178B/C, DO-254, DO-160 testing, FCC/CE certification) alongside sales of proprietary hardware including mmWave RADAR modules (77GHz automotive, 60GHz industrial AoPCB and AoP), System on Modules (MRD8550, MRD5165, AM65x, SnapDragon 820 Nano), development kits (Merlin Kit, Eagle Kit, Edge AI-Box, Jetson Neuron Board, AI Sensor Fusion Kit Lite, 820 Dev Kit, Agilex 9 3U VPX, DCP1000), defense COTS boards/systems/software/enclosures and homeland-security platforms (Mobile C4ISR, Xherpa and Kite drones, Counter-Drone).

Differentiator

Problem solved

Functional benefit

Products and services

• 77GHz AoPCB Automotive RADAR Module Compact 77GHz FMCW automotive RADAR module with Antenna on PCB based on TI AWR1843 ES2.0 SoC, integrating transceiver, DSP, hardware accelerator and ARM Cortex-R4F MCU, designed for ADAS applications with built-in calibration and self-test.
• 60GHz Industrial mmWave RADAR Module (AoPCB) 60GHz industrial RADAR on Module with Antenna on PCB built on TI IWR6843 ES2.0 mmWave sensor for industrial environments, integrating FMCW transceiver, DSP, hardware accelerator and ARM Cortex-R4F MCU.
• 60GHz Industrial mmWave RADAR Module (AoP) Ultra-compact 60GHz RADAR module with Antenna on Package using TI IWR6843AoP ES2.0 that reduces RF PCB design complexity, product cost and footprint for industrial sensing applications.
• MRD8550 System on Module High-performance edge AI System on Module powered by Qualcomm Dragonwing QCS8550 with 48 TOPS AI performance, Wi-Fi 7, Bluetooth 5.3, Qualcomm Spectra ISP supporting 5 concurrent cameras and 8K video recording, manufactured in 4nm process.
• MRD5165 System on Module AI-ML and IoT integrated System on Module based on Qualcomm QRB5165 SoC delivering 15 TOPS AI performance, supporting 6 concurrent cameras, 8K video recording and 5G connectivity, manufactured in 7nm process.
• AM65x Industrial SOM Industrial System on Module based on Texas Instruments AM65x Sitara processors targeted at industrial programmable controllers, factory automation, industrial PCs and edge computing.
• SnapDragon 820 Nano SOM SnapDragon 820-based System on Module for IoT and embedded vision applications.
• MRD8550 Merlin Kit Industrial drone and autonomous robot development kit built on the MRD8550 SoM, integrating CubePilot CubeOrange+ flight controller and Doodle Labs long-range WiFi for high-throughput data links over long ranges.
• MRD5165 Eagle Kit Autonomous drone and aerial robot development kit built on the MRD5165 SoM, integrating CubePilot CubeOrange+ flight controller for autonomous flight with AI/ML at the edge.
• Edge AI-Box Edge AI appliance supporting up to 6 concurrent cameras processed by Qualcomm Spectra 430 ISP for advanced video analytics and machine vision in industrial and AI applications.
• DCP1000 Data Capture and Playback Module Compact radar data capture and playback card built on Lattice Nexus platform with CertusPro-NX FPGA, LPDDR4 memory up to 2GB, real-time LVDS data capture from mmWave radars, and Hardware-in-the-Loop playback functionality for radar developers; listed at $649.00 per unit.
• AI-enabled Sensor Fusion Kit Lite Integrated Camera Vision and mmWave RADAR sensor fusion platform based on NVIDIA Jetson SoM with 384-Core Volta GPU providing real-time vision analytics and RADAR data fusion for object detection, classification, range, velocity and elevation parameters.
• Jetson Neuron Board Carrier board for NVIDIA Jetson Nano, Jetson TX2 NX and Jetson Xavier NX SoMs that exposes all functional features of the SoM for AI and deep learning application development.
• 820 Development Kit Development kit based on the SnapDragon 820 Nano SOM enabling rapid product prototyping on the Qualcomm SnapDragon 820 platform.
• Agilex 9 Direct RF 3U VPX Module SOSA-aligned 3U VPX processing module with Intel Agilex 9 Direct RF FPGA delivering 64 GSps Direct RF performance, 4-channel ADC/DAC and 58 Gbps transceiver rates, with ARM Cortex-A53 quad-core, designed for radar, SIGINT and electronic warfare applications.
• QIOT2290 IoT Module IoT module for connected device and edge computing applications.
• Defense COTS Boards, Systems, Software and Enclosures Commercial Off-The-Shelf (COTS) portfolio for defense including COTS boards (backplanes, signal processing engines, FPGA engines, GPU engines, I/O boards, rugged graphics and video, single board computers, switches and routers), COTS systems (switches, small form-factor systems, storage and data recorders), COTS software (development tools, safety critical, middleware, operating systems) and COTS enclosures that meet defense industry standards.
• Homeland Security Platforms (Mobile C4ISR, Xherpa, Kite, Counter-Drone) Homeland-security product family including Mobile C4ISR Platforms for mission-critical field communications, Xherpa heavy-payload drone, Kite tethered drone system and Counter-Drone Systems for VIP security, public safety and disaster-response use cases.
• Embedded Product Design and System Engineering Services End-to-end embedded product design and system engineering services including build-to-specification (BTS), build-to-print (BTP), hardware and FPGA board design, RF and antenna design, mixed-signal and power supply design, embedded system and application software, verification and validation, DO-178B/C, DO-254 and DO-160 testing, FCC/CE certification, production support and product lifecycle management for aerospace & defense and deep-tech customers.

Quantifiable outcome

• 28 years of embedded technology experience
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability9 records

Feature8 records

Partnerships

13 partnerships are on record, tiered core and major.

• Altera (Intel PSG)coreStrategic or Co-development Partner · 1 March 2025Strategic alliance for defense computing solutions including Agilex 9 Direct RF FPGA modules and SOSA-aligned 3U VPX processing engines
• QualcommcoreTechnology or IntegrationStrategic technology partnership for embedded solutions using Qualcomm SoC platforms including QCS8550, QRB5165, and Snapdragon 820 for AI, robotics, and autonomous systems
• Texas InstrumentscoreTechnology or IntegrationLong-standing collaboration for mmWave radar modules (77GHz automotive, 60GHz industrial) and AM65x industrial SOM based on TI Sitara processors
• NVIDIAcoreTechnology or IntegrationPartnership for Jetson-based carrier boards (Neuron Base Board) and AI-enabled Sensor Fusion Kits for edge AI and autonomous systems
• IntelcoreTechnology or IntegrationPartnership for Agilex 9 Direct RF FPGA solutions including SOSA-aligned 3U VPX modules for defense signal processing
• AMDcoreTechnology or IntegrationPartnership for FPGA-based solutions including Agilex platforms for defense and aerospace applications
• Lattice SemiconductormajorTechnology or IntegrationPartnership for DCP1000 Data Capture and Playback Module built on Lattice Nexus platform with CertusPro-NX FPGA
• Wind RivermajorTechnology or IntegrationPartnership for VxWorks and Wind River Linux support on AM65x and other embedded platforms
• NXPmajorTechnology or IntegrationTechnology partnership for embedded solutions using NXP processor platforms
• Curtiss Wright Defense SolutionsmajorTechnology or IntegrationDefense solutions partnership for COTS boards and systems
• DRDOcoreStrategic or Co-development PartnerR&D partnership with Defence Research and Development Organisation for defense electronics development
• Doodle LabsmajorTechnology or IntegrationLong-range WiFi module integration for MRD8550 Merlin Kit and MRD5165 Eagle Kit variants enabling high-throughput data links over long ranges
• CubePilotmajorTechnology or IntegrationFlight controller integration (CubeOrange+) for aerial robot controllers and drone development platforms

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Aricent (Capgemini Engineering): Aricent, now part of Capgemini Engineering, is a global embedded software and silicon design services firm. It competes with Mistral in semiconductor, IoT and connected device engineering services at significantly larger scale.
• HCL Technologies: HCLTech provides large-scale engineering and R&D services including embedded systems, hardware design and verification. Its scale and global delivery model compete with Mistral's services revenue, especially for multinational enterprise and semiconductor customers.
• Wipro Engineering Services: Wipro's engineering services business delivers embedded, IoT and industrial engineering across verticals. As a large IT incumbent, it overlaps Mistral's services portfolio but at broader scale and with deeper global delivery.

Direct peers

• Centum Electronics: Centum is an Indian defense and aerospace electronics company with strong CEMILAC credentials, designing and manufacturing RF/microwave, embedded and avionics subsystems - a direct competitor to Mistral's airborne systems and COTS defense business.
• Sasken Technologies: Sasken provides embedded product engineering services across automotive, semiconductors, industrials and smart devices. Its silicon-to-product engineering model mirrors Mistral's BTS/BTP SoM and design services.
• L&T Technology Services: LTTS provides engineering R&D services across aerospace, defense, automotive and industrial IoT. Its embedded product development, hardware design and verification offerings directly overlap Mistral's BTS/BTP and system engineering services.
• Tata Elxsi: Tata Elxsi is a global design and technology services company with deep embedded systems, automotive ADAS, and aerospace/defense practice. It competes head-to-head with Mistral in India for embedded design, FPGA and RADAR engineering services.
• Cyient: Cyient delivers engineering, manufacturing and digital solutions to aerospace, defense and communications customers. Its DLM and embedded systems practices overlap Mistral's defense electronics design, COTS boards and avionics V&V services.
• Curtiss-Wright Defense Solutions: Curtiss-Wright is a leading supplier of rugged COTS modules, boards and systems for defense and aerospace. It is both a listed Mistral partner for COTS solutions and a direct competitor in defense computing and signal processing.
• Mercury Systems: Mercury Systems designs and manufactures mission-critical defense electronics, RF, EW and sensor processing subsystems. Its SOSA-aligned processing modules and COTS defense boards directly compete with Mistral's 3U VPX and COTS portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mistralsoln
• YouTubeyoutube.com/user/MistralSolutions
• Facebookfacebook.com/Mistralsolutions
• LinkedInlinkedin.com/company/mistral
• Instagraminstagram.com/mistralsolutions
• Pinterestin.pinterest.com/mistralsolution

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

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 Mistral