Welcome to our dedicated page for Peraso news (Ticker: PRSO), a resource for investors and traders seeking the latest updates and insights on Peraso stock.
Overview
Peraso Inc. (PRSO) is a fabless semiconductor company that specializes in the development of advanced mmWave wireless chipsets and modules for the 60 GHz unlicensed and 5G licensed markets. With decades of experience in semiconductor design, Peraso focuses on delivering integrated circuits tailored for consumer electronics and mobile applications, ensuring minimal footprint, low power consumption, and cost efficiency. The company leverages cutting-edge wireless technology to address challenges in high-density urban environments while expanding its reach in areas such as fixed wireless access, immersive video, defense, and industrial automation.
Technology and Innovation
At the heart of Peraso's innovation is its expertise in millimeter wave (mmWave) technology. The company is a pioneer in designing high-performance 60 GHz chipsets, advanced antenna modules, and complementary software solutions. Its accomplishments in phased-array antenna design and integrated circuit packaging enable the development of products that provide high data rates and robust wireless connectivity. Peraso's focus on optimizing performance, reducing power consumption, and maintaining competitive price points has established it as a technological innovator in the semiconductor space.
Applications and Market Segments
Peraso's technology spans a wide array of applications. In the consumer electronics market, its solutions are dedicated to mobile segments including smartphones, tablets, and digital cameras, ensuring that products are compact and energy-efficient. The company also serves niche applications in fixed wireless access networks, facilitating high-speed internet connectivity in densely populated urban areas. Additionally, Peraso's mmWave solutions have found applications in mission-critical environments such as military communications, immersive video streaming, factory automation, and transportation systems, where reliability and high performance are non-negotiable.
Business Model and Operations
Operated on a fabless model, Peraso relies on an ecosystem of manufacturing partners to fabricate its custom-designed integrated circuits. This model allows the company to concentrate on research and development, innovative engineering, and fostering intellectual property. Revenue is generated not only from product sales but also from non-recurring engineering (NRE) services and licensing agreements for its proprietary technology. Geographically diversified, the company draws revenue from major markets including the United States, Asia, and emerging regions where demand for next-generation connectivity solutions is increasing.
Competitive Landscape and Industry Position
Within a highly competitive semiconductor industry, Peraso has carved out a niche through its state-of-the-art mmWave technology. The company’s approach to miniaturized, high-speed, and low-power semiconductor design positions it uniquely against competitors, especially in markets with stringent performance requirements. Furthermore, Peraso’s involvement in developing standards for future IEEE and 5G wireless infrastructures underscores its commitment to contributing expert knowledge and driving industry advancements. This detailed focus on technology and application areas helps investors and industry watchers understand the intrinsic value of its offerings.
Commitment to Innovation and Customer Engineering
Peraso is dedicated to a culture of innovation and technological excellence. Its dynamic entrepreneurial environment encourages engineers to engage in some of the world’s most advanced wireless technology developments. This commitment not only accelerates data intelligence and multi-access edge computing in its products but also lays the groundwork for enhanced wireless communication systems globally. By consistently pushing the boundaries of semiconductor technology, Peraso continues to redefine the possibilities in high-frequency wireless communications.
Conclusion
In summary, Peraso Inc. is a forward-thinking company that combines advanced mmWave wireless technology with a robust business model centered on innovation and strategic partnerships. Its expertise in designing chipsets and antenna modules for the 60 GHz spectrum, complemented by valuable NRE and intellectual property licensing, positions it effectively in the global semiconductor industry. With clear focus areas spanning mobile communications, fixed wireless access, and specialized markets like military applications, Peraso offers a comprehensive portfolio of solutions designed to meet the evolving connectivity challenges of today's digital world.
Peraso (NASDAQ:PRSO) has secured a strategic contract to provide 60GHz mmWave communications technology for military operations. The company is partnering with a specialized defense contractor to develop solutions enhancing tactical communications and safety for military personnel and non-combatants in high-risk environments.
The technology's key features include low probability of detection on the battlefield and strong immunity to jamming. Initial production shipments are expected to begin in Q2 2025, targeting a total addressable market of at least 3.44M active NATO military personnel.
The solution leverages Peraso's advanced mmWave capabilities, offering ultra-low latency and low probability of intercept, positioning the company's platform for increased adoption in security and defense applications.
Peraso Inc. (NASDAQ:PRSO) has received a Notice of Allowance from the USPTO for patent application 17/846275, covering technology for seamless recovery of distributed access points in wireless networks. The patent, expected to be issued in 2025, will provide IP protection until 2042.
The technology addresses service disruptions in large wireless networks by enabling seamless reintegration of recovered or new access points without requiring full network resets. Key features include:
- Seamless station roaming during AP connection disruptions
- Real-time detection of lost access points
- Secure handshake protocol for encryption key re-establishment
- Automatic reconnection maintaining maximum performance
Peraso (NASDAQ: PRSO), a leader in mmWave wireless technology solutions, has announced its participation in the upcoming Centri Capital Conference on April 22, 2025, at Nasdaq MarketSite in New York City.
CEO Ron Glibbery and CFO Jim Sullivan will represent the company, with a scheduled presentation at 9:00 A.M. Eastern Time. The management team will be available throughout the day for meetings with registered conference attendees.
Investors can access both live and archived versions of the company's presentation through the Events page on Peraso's website. Interested portfolio managers and analysts can arrange meetings through their Centri representative or by registering for the conference directly.
Peraso (NASDAQ:PRSO) has announced a significant upgrade to its PERSPECTUS module products, increasing supported end-point devices per access point from 32 to 48, representing a 50% capacity increase. The enhancement benefits Wireless Internet Service Providers (WISPs) using fixed wireless access (FWA) in the unlicensed 60 GHz spectrum.
The upgrade offers several advantages for the FWA market, particularly in dense urban deployments: improved total network ownership costs, competitive data rates up to 2 Gbps, reduced power consumption, and less hardware deployment requirements. Peraso's mmWave technology demonstrates enhanced performance in urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.
The company is actively deploying its 60 GHz technology in urban centers like Los Angeles, with potential growth opportunities through the BEAD program, which has allocated over $42 billion for broadband infrastructure in unserved and underserved areas.
Peraso Inc. (NASDAQ:PRSO), a leader in mmWave technology, has announced its participation in WISPAMERICA OKC from March 24-27, 2025, where it will showcase its 60 GHz fixed wireless access (FWA) solutions. The company's technology is designed to provide high-speed connectivity for wireless Internet service providers (WISPs) in areas where fiber deployment is not cost-effective.
Key company executives, including VP Mike Hamilton and Senior Director Dr. Nadine Hatto, will be present at booth #541 to demonstrate how Peraso's mmWave solutions deliver superior speeds and low latency. The company's fully integrated, unlicensed 60 GHz solutions serve the FWA market across multiple applications, with growing demand for the technology.
As one of the few providers offering solutions across all mmWave communication bands (24 GHz - 71 GHz), Peraso's technology caters to WISPs of various sizes, building on over a decade of experience in high-performance mmWave phased array solutions.
Peraso (NASDAQ:PRSO) reported strong Q4 2024 financial results with total revenue of $3.7 million, marking a 100% year-over-year increase. The company achieved significant margin expansion, with GAAP gross margin reaching 56.3% and non-GAAP gross margin at 71.6%.
Key highlights include a recent $3.6 million purchase order for mmWave devices expected to be fulfilled in 2025, and increased demand for fixed wireless access (FWA) deployments. The company's Q4 GAAP net loss improved to $1.6 million ($0.37 per share) compared to $8.9 million ($12.48 per share) in Q4 2023.
For full-year 2024, total revenue was $14.6 million with a GAAP net loss of $10.7 million. Looking ahead, Peraso expects Q1 2025 revenue between $3.6-4.0 million, with mmWave revenue projected to exceed full-year 2024 levels.
Peraso Inc (NASDAQ:PRSO) has secured a significant $3.6 million purchase order for its mmWave devices from a leading wireless networking systems provider specializing in fixed wireless access. The company plans to begin shipments in Q2 2025, with complete fulfillment expected throughout 2025.
The order represents a positive signal that the inventory correction affecting customers over recent years is concluding. Peraso's mmWave technology, operating in the unlicensed 60 GHz band, offers enhanced performance in dense urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.
The technology is particularly valuable in North American urban centers where fiber infrastructure deployment or retrofitting can be expensive and time-consuming. Peraso reports current deployments in cities like Los Angeles and anticipates continued expansion across multiple regional locations.
Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology solutions, has scheduled the release of its fourth quarter and full year 2024 financial results on Wednesday, March 19, 2025, after market close.
The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results and business outlook. The call will be accessible via webcast and through dial-in numbers, with replay available until April 2, 2025.
Peraso Inc. (NASDAQ:PRSO), a pioneer in mmWave wireless technology solutions, announced that CEO Ron Glibbery was featured on The Street Reports Podcast discussing the company's technology applications. The interview covered key areas including fixed wireless access (FWA) utilizing both 60 GHz unlicensed and 5G spectrum, AI-driven-connectivity, and military applications.
Peraso specializes in multi-gigabit, long-range, 60 GHz unlicensed mmWave wireless technology, providing chipsets, modules and software solutions. The company has over a decade of experience in shipping mmWave semiconductor products, with their solutions being deployed globally across various applications amid growing demand for mmWave technology.
Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology solutions, has announced its participation in the Benchmark Company's 13th Annual Discovery Investor Conference. The event is scheduled for December 11, 2024, at the New York Athletic Club in New York City. CEO Ron Glibbery and CFO Jim Sullivan will be available for one-on-one meetings with analysts and investors throughout the conference day.
The conference provides opportunities for in-person meetings with micro- and small-cap public companies. Interested attendees can schedule meetings with Peraso management through the registration process.
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