Miliwave Announces Ethernet Bridge mmWave Radio With 5km Range Based on Peraso 60 GHz Technology

Rhea-AI Summary

Peraso Inc. (NASDAQ:PRSO) announced that Miliwave Co., has introduced the MWC-932, a new addition to its AirPath 60 product line, at WISPAPALOOZA. The MWC-932 is an Ethernet Bridge mmWave radio with a 5km range, utilizing Peraso's Perspectus mmWave modules and X720 chipset. Key features include:

- Operates in the unlicensed 60 GHz band
- Provides multi-gigabit throughput
- Immune to common Wi-Fi interference
- High-gain, offset-parabolic antenna
- Weather-protected enclosure
- Compact size: 114mm x 145mm x 125mm
- Two 2.5G Ethernet interfaces
- 60W Power Over Ethernet (POE) input
- 30W POE output for peripheral equipment

The MWC-932 is designed for private and municipal networks, offering a single-box solution for reliable, cost-effective connectivity needs.

Positive

• Introduction of a new product (MWC-932) utilizing Peraso's technology
• 5km range capability for the mmWave radio
• Multi-gigabit throughput in the unlicensed 60 GHz band
• Potential for increased market penetration in private and municipal networks

Negative

• None.

Insights

Tech Expert

Miliwave's announcement of the MWC-932 Ethernet Bridge mmWave radio represents a significant advancement in wireless connectivity solutions. The product's 5km range and multi-gigabit throughput in the 60 GHz band address key market demands for high-speed, long-range wireless connections. The device's compact design and weather-resistant features make it suitable for various outdoor applications.

The integration of Peraso's X720 chipset and Perspectus mmWave modules demonstrates the company's strong position in the 60 GHz technology market. This collaboration could potentially lead to increased adoption of Peraso's solutions in the wireless infrastructure sector.

From an investor's perspective, this product launch may positively impact Peraso's market presence and revenue streams. However, the overall impact on PRSO's stock may be in the short term, as the company's $4.59 million market cap suggests it's still a small player in the semiconductor industry. Long-term growth potential exists if Peraso can leverage this partnership to secure more design wins and expand its market share in the mmWave space.

Market Research Analyst

The launch of Miliwave's MWC-932 using Peraso's technology is a positive development for PRSO, but investors should consider the broader market context. The wireless infrastructure market is highly competitive, with larger players like Qualcomm and Broadcom also investing in mmWave solutions.

Peraso's focus on the 60 GHz band could be a differentiator, especially for applications requiring high-speed, short to medium-range connectivity. The 2.5 Gbps data rate and 5km range of the MWC-932 position it well for private networks, municipal deployments and 5G backhaul applications.

However, investors should note that Peraso's small market cap indicates it's still a niche player. While this partnership demonstrates the company's technological capabilities, it may take time for significant revenue growth to materialize. The stock's performance will likely depend on Peraso's ability to secure additional partnerships and expand its customer base in the coming quarters.

SAN JOSE, CA / ACCESSWIRE / October 15, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, is pleased to announce that Miliwave Co., Ltd. ("Miliwave") announced at WISPAPALOOZA its MWC-932 product as an addition to its AirPath 60 product line. Miliwave's AirPath products use Peraso's Perspectus mmWave modules with Peraso's X720 chipset.

Utilizing the unlicensed 60 GHz band, the MWC-932 provides a wireless Ethernet Bridge for applications which require multi-gigabit throughput. Miliwave's latest solution is designed to be immune to interference from common Wi-Fi and to provide a robust link at distances up to 5km. The high-gain, offset-parabolic antenna is fully enclosed and weather protected in order to maintain performance during ice and snow conditions. The compact radio is only 114mm x 145mm x 125mm.

"Miliwave's products continue to demonstrate that 60 GHz mmWave can provide reliable, cost-effective solutions for connectivity needs," said Ron Glibbery, Peraso's CEO. "We think the compact design and 2.5 gigabit data connections of the MWC-932 will make it an attractive choice for private and municipal networks. "

The Miliwave MWC-932 is provisioned with two 2.5G Ethernet interfaces. The primary interface accepts 60W Power Over Ethernet (POE) input, and the secondary interface provides up to 30W POE output allowing connection of peripheral equipment such as a Wi-Fi hotspot access points, 5G micro-cells, UHD security cameras and other telemetry devices.

"We've received several requests from customers who are looking for an Ethernet bridge that reduces installation complexity and cost," says Yung Han, founder and CEO of Miliwave. "We are excited to continue our partnership with Peraso, as its core technology to access the 60 GHz band makes the MWC-932 a single-box solution."

Both Peraso and Miliwave are attending WISPAPALOOZA 2024 in Las Vegas Oct 14-17. Find Peraso at booth #638 and Miliwave at booth #225.

About Peraso Inc.
Peraso Inc. is a provider of advanced wireless technology solutions that enhance connectivity in high-speed environments. With a dedication to innovation and reliability, Peraso is committed to delivering state-of-the-art solutions that meet the demands of a rapidly evolving digital landscape. For additional information about Peraso and its innovative technology solutions, please visit www.perasoinc.com.

About Miliwave
Miliwave Corporation, Ltd. (www.miliwave.net) is a South Korea-based provider of mmWave broadband solutions, including 57 GHz-71 GHz wireless solutions for WISP (Wireless Internet Service Provider), and enterprise and industrial customers worldwide in multi-gigabit internet access, smart factory, smart city, ITS (Intelligent Traffic System), surveillance, and railway applications. Miliwave's mmWave solutions are designed for Point-to-Point and Point-to-Multipoint connections with integrated multi-gigabit G.hn Coax as well as Ethernet. Miliwave also offers cost-effective and high performance mmWave networking. Founded in 2016, Miliwave is sold globally by its partners.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "could," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address customer relationships, as well as availability, operating performance, cost benefits, and advantages of the products of Peraso, market acceptance of our products, and anticipated acceptance and use of mmWave technology, that are not otherwise historical facts, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to: timing, receipt and fulfillment of customer orders associated with our mmWave products and solutions; anticipated use of mmWave in military and defense applications by our customers and intended users of our products; the availability and performance of Peraso's products and solutions; the successful integration of Peraso's products and technology with customer and third-party semiconductor, antenna and system solutions, reliance on manufacturing partners to assist successfully with the fabrication of our ICs and antenna modules; availability of quantities of ICs supplied by our manufacturing partners at a competitive cost; level of intellectual property protection provided by our patents, vigor and growth of markets served by our customers and our operations; and other risks included in our Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.

Contact Information

Tyler Weiland
Vice President, Public Relations
tweiland@sheltongroup.com
(972) 571-7834

Mark Lunsford
CRO
mlunsford@perasoinc.com

SOURCE: Peraso Inc.

View the original press release on accesswire.com

FAQ

What is the range of Miliwave's new MWC-932 Ethernet Bridge mmWave radio based on Peraso (PRSO) technology?

The Miliwave MWC-932 Ethernet Bridge mmWave radio, based on Peraso (PRSO) technology, has a range of up to 5km.

What are the key features of the Miliwave MWC-932 announced on October 15, 2024, using Peraso (PRSO) technology?

The Miliwave MWC-932 features multi-gigabit throughput, operates in the 60 GHz band, is immune to Wi-Fi interference, has a weather-protected enclosure, and offers two 2.5G Ethernet interfaces with POE capabilities.

How does the Miliwave MWC-932, announced on October 15, 2024, incorporate Peraso (PRSO) technology?

The Miliwave MWC-932 uses Peraso's Perspectus mmWave modules with the X720 chipset to access the 60 GHz band and provide high-speed wireless Ethernet bridge capabilities.

What is the size of the Miliwave MWC-932 Ethernet Bridge radio using Peraso (PRSO) technology?

The Miliwave MWC-932 Ethernet Bridge radio, which uses Peraso (PRSO) technology, has a compact size of 114mm x 145mm x 125mm.