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Peraso - PRSO STOCK NEWS

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.

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Peraso Inc. introduces a new wireless platform utilizing mmWave technology for secure tactical communications, expanding into new markets and highlighting the benefits of 60 GHz mmWave in the defense sector. The PRM2136 module offers high bandwidth, low latency, and interference-free communication, enabling multi-gigabit data transfer rates crucial for military operations. Peraso's technology provides small, lightweight, and power-efficient solutions with adaptive beamforming and stealthy communication capabilities. The Company has secured its first customer for the new platform, signaling positive engagement and validation from the military sector.
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Peraso Inc. (NASDAQ: PRSO) reports Q4 and full-year financial results for 2023, highlighting challenges in product revenue due to market corrections and timing issues. The company expects revenue growth to resume in Q1 and throughout the year, supported by order backlog and new product orders. Peraso also sees increased customer engagement for gigabit wireless connectivity solutions, securing commercial orders and engaging with multiple service providers. The company strengthened its cash position through a public offering to support business growth and focus on expanding its customer base for mmWave products.
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Peraso Inc. (NASDAQ:PRSO) collaborates with Miliwave Co., Ltd. to introduce new Fixed Wireless products at WISPAMERICA OKC conference. Miliwave's airPATH 60 products offer reliable, multi-gigabit data connectivity using Peraso's X720 chipset. The products cater to various market segments with features like long-range support, Wi-Fi backup, and cost-effective solutions. The partnership signifies the growing demand for 60 GHz products and expands vendor options for service providers in North America.
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Peraso Inc. (NASDAQ:PRSO) announced the release of its fourth quarter 2023 financial results on March 18, 2024, followed by a conference call with the CEO and CFO to discuss the Company's performance and outlook.
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Peraso Inc. (NASDAQ:PRSO) announces participation in WISPAMERICA event to showcase latest mmWave solutions for Fixed Wireless Access. The 'animal farm' speaking session will focus on the benefits of unlicensed 60GHz for Gigabit Access. Peraso's DUNE platform aims to provide high-speed internet to underserved communities.
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Peraso Inc. (NASDAQ:PRSO) announces the availability of EtherWaveTM software supporting 60 GHz IEEE 802.11ad modules for multi-gigabit connectivity. The software enables cross-platform support for Android, Windows, and Linux devices. EtherWave utilizes CDC NCM interface for efficient data transport over USB, eliminating the need for device-specific drivers. The pre-release testing shows promising results with nearly 2Gbps throughput and enhanced security features. General availability for Android is expected by Q2 2024.
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Peraso Inc. (NASDAQ:PRSO) announced the closing of an underwritten public offering of common stock, pre-funded warrants, Series A warrants, and Series B warrants, raising approximately $4.172 million in gross proceeds. The offering included a total of 562,500 shares of common stock and warrants to purchase additional shares. Ladenburg Thalmann & Co. Inc. acted as the sole book-running manager for the offering. The net proceeds will be used to fund operations and for working capital and general corporate purposes.
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Peraso Inc. (NASDAQ:PRSO) has announced the pricing of its underwritten public offering of shares of common stock, pre-funded warrants, Series A warrants, and Series B warrants. Ladenburg Thalmann & Co. Inc. is acting as the sole book-running manager for the Offering. Each share of common stock and each pre-funded warrant is being sold together with one Series A warrant to purchase two shares of common stock and one Series B warrant to purchase two shares of common stock. The Series A warrants have an exercise price of $2.25 per share and will expire five years following the date of issuance. The Series B warrants have an exercise price of $2.25 per share and will expire six months following the date of issuance. The pre-funded warrants will be immediately exercisable at a nominal exercise price of $0.001 per share. The combined public offering price of each share of common stock, together with the accompanying Series A warrant and Series B warrant, is $2.10, less underwriting discounts and commissions. The combined public offering price of a pre-funded warrant, together with the accompanying Series A warrant and Series B warrant, is $2.099, less underwriting discounts and commissions. The Offering is expected to close on or before February 10, 2024.
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Peraso Inc. (NASDAQ:PRSO) announced the first purchase order for its Perspectus mmWave antenna modules, validating its ability to deliver affordable gigabit wireless to underserved markets. The DUNE platform implements intelligent Media Access Control features, enabling wireless Internet service provider (WISP) operators to deploy long-range, multi-point networks without interference in dense user environments. Peraso's latest mmWave antenna module, the PRM2144X, is specifically designed for dense urban areas, providing high gain, narrow beamwidth, and extremely low antenna side-lobes. The increased gain and range also benefit suburban and rural deployments, eliminating the need for dish antennas in many cases.
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Peraso Inc. (NASDAQ:PRSO) has regained compliance with the Nasdaq Capital Market's minimum bid price continued listing requirement, with a closing bid price of its common stock in excess of the $1.00 minimum requirement for the last 10 consecutive trading days.
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FAQ

What is the current stock price of Peraso (PRSO)?

The current stock price of Peraso (PRSO) is $0.73 as of March 14, 2025.

What is the market cap of Peraso (PRSO)?

The market cap of Peraso (PRSO) is approximately 2.7M.

What is the core business of Peraso Inc.?

Peraso Inc. is a fabless semiconductor company specializing in the design and development of mmWave wireless chipsets, antenna modules, software, and IP. Its solutions cater to a wide range of applications including mobile, fixed wireless access, and military communications.

Which industries does Peraso target?

Peraso’s technology serves multiple sectors such as consumer electronics, mobile communications, fixed wireless access, immersive video streaming, military communications, and industrial automation.

How does Peraso generate its revenue?

The company generates revenue through the sale of its advanced chipsets and modules, and via non-recurring engineering (NRE) services and intellectual property licensing agreements.

What technologies underpin Peraso’s product offerings?

Peraso’s products are based on cutting-edge mmWave technologies, including 60 GHz chipset design, phased-array antenna systems, advanced packaging, and sophisticated digital design techniques.

What advantages does the fabless model offer Peraso?

Operating as a fabless company allows Peraso to focus on its core competencies in R&D and innovation while leveraging the manufacturing expertise of its partners, ensuring rapid development and market responsiveness.

How does Peraso maintain its competitive edge in the market?

Peraso differentiates itself by developing advanced, low-power, and compact semiconductor solutions that are essential for modern mobile and fixed wireless applications. Its continuous investment in R&D and strategic industry partnerships further bolsters its competitive position.

What are some key application areas for Peraso’s mmWave solutions?

The company’s mmWave solutions are used in areas such as high-speed mobile communications, fixed wireless access for dense urban environments, immersive video applications, and specialized use cases in military and defense communications.
Peraso

Nasdaq:PRSO

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PRSO Stock Data

2.74M
3.71M
7.68%
11.79%
13.34%
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