Somewhat, but it's very different in that it uses RTEMS, not Linux. RTEMS was built for embedded computers on missiles, and is commonly used in space applications. Nerves is a distribution of Linux buildroot, and has quite a bit of fat compared to something like RTEMS. I can't wait to see Elixir running on RTEMS, from my conversations with Peer, it seems he's ported the Erlang VM to RTEMS directly, much like the OSE port.