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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. (NASDAQ:PRSO) announced the commercial availability of its DUNE platform for Fixed Wireless Access, addressing network access problems in urban areas. The platform expands the capabilities of their 60 GHz mmWave hardware to provide multi-gigabit connectivity in high population density environments. Peraso expects to leverage DUNE to increase sales of its Perspectus family of mmWave modules for FWA.
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Peraso Inc. (NASDAQ:PRSO) announces a 1-for-40 reverse stock split of its outstanding common stock to increase the per share trading price and satisfy the $1.00 minimum bid price requirement for continued listing on Nasdaq.
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Peraso Inc. (NASDAQ: PRSO) announced a new customer engagement, demonstrating the Company's ability to expand into new, high-growth consumer markets. The partnership involves the X130 chipset replacing the customer's current solution for wireless video distribution for indoor applications. The X130 offers support for high bandwidth, low latency applications, and circumvents Wi-Fi network congestion using mmWave technology. Peraso's X130 chipset employs the PRS1145 and PRS4601 integrated circuits to implement a low-cost, low-power, high-performance SuperSpeed USB 3.0 to 802.11ad 60 GHz mmWave system, providing multi-gigabit throughput with the ability to power applications such as wireless AR/VR, wireless displays, wireless docking, and wireless access to the cloud, which can now be much more effective and efficient using WiGig technology.
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Peraso Inc. (NASDAQ: PRSO) announced an 87% sequential and 36% year-over-year increase in total revenue for Q3 2023. The company's GAAP gross margin expanded sequentially to 45.4%, and non-GAAP to 58.0%. The increase in revenue was primarily due to higher margin memory IC products and an increase in sales of millimeter wave (mmWave) products.
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Peraso Inc., a global leader in mmWave technology, will release its Q3 2023 financial results on November 13, 2023. The conference call to discuss the results and business outlook will be held at 2:00 p.m. Pacific Time with CEO Ron Glibbery and CFO Jim Sullivan.
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Peraso Inc. plans to attend and participate in a vendor spotlight speaking session at WISPAPALOOZA '23 to showcase its latest mmWave solutions for Fixed Wireless Access (FWA) and Customer Premise(s) Equipment (CPE). Representatives from Peraso will connect with customers and industry leaders at the event to explore new opportunities. Peraso's fully-integrated solutions deliver reliable multi-gigabit throughput across the mmWave spectrum, making their technology attractive to WISPs of all sizes. The Vendor Spotlight session is scheduled for October 10, 2023.
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Peraso Inc. and pSemi collaborate with Richardson RFPD to publish new information on their RF solution for 5G mmWave fixed wireless access. The solution uses the Peraso PRS1520 beamformer RFIC and pSemi PE128300 up-down converter. They have demonstrated a cost-efficient solution for n257, n258, and n261 bands. The collaboration shows commitment to partnership and innovation. Meet them at MWC Las Vegas.
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Peraso Inc. has received purchase orders totaling $11.3 million for its memory integrated circuit products. Last-time buys are expected to range from $15 to $20 million, contributing to improved financial results and cash flow. The EOL program is anticipated to generate significant cash flow through 2025.
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Peraso Inc. (NASDAQ:PRSO) will showcase its latest mmWave solutions at Mobile World Congress (MWC) Las Vegas 2023, presenting new partnership opportunities. Peraso's FWA solutions have proven the ability to deliver quality and reliable multi-gigabit performance, comparable to fiber. MWC Las Vegas is the perfect place to highlight their latest technology and capabilities.
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Peraso Inc. (NASDAQ:PRSO) has been invited to participate in a Q&A Panel at Wi-Fi World Congress North America 2023. The panel will discuss the present and future use cases for the 60 GHz band, highlighting Peraso's turnkey solutions. Peraso's technology is gaining traction as mmWave infrastructure deployments increase in demand within the FWA market.
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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

PRSO Rankings

PRSO Stock Data

2.74M
3.71M
7.68%
11.79%
13.34%
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