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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. announces the release of the PRM2144X, a mmWave module targeting dense urban areas with a 128-element antenna array. The module enables wireless Internet service providers to deploy long-range, multi-point networks without interference. The increased gain and range also benefit sub-urban and rural deployments. The PRM2144X is now available for sampling.
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Peraso Inc., a leader in mmWave technology, reported financial results for Q2 2023. Total net revenue was $2.4 million, a decrease from the previous quarter and the same quarter last year. Product revenue was $2.2 million. GAAP gross margin was 25.3%, and non-GAAP gross margin was 45.9%. Operating expenses were $5.6 million on a GAAP basis and $4.1 million on a non-GAAP basis. The company had cash, cash equivalents, and short-term investments of $2.7 million. GAAP net loss was $4.1 million, and non-GAAP net loss was $3.0 million. The company is exploring strategic alternatives to maximize stockholder value.
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Peraso Inc. has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement. If the bid price of the company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days before January 29, 2024, compliance will be regained. However, failure to meet the requirement may result in delisting. The company will continue to monitor the stock price and explore options to regain compliance.
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Peraso Inc. (NASDAQ: PRSO) to Release Q2 2023 Financial Results on August 14, 2023, Followed by Conference Call with CEO and CFO
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Peraso Inc. and Jaguar Wave announce production readiness of the JW-PTP6150/51 product family, a new Point-to-Point and Point-to-Multipoint solution for 60GHz unlicensed Fixed Wireless Access networks. The products are designed for harsh outdoor environments and offer high reliability and low latency. Peraso's mmWave technology enables symmetrical 1 Gigabit wireless solutions.
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Peraso Inc. and pSemi announce successful RF solution for mmWave fixed wireless access customer premises equipment (CPE). The solution leverages Peraso's PRS1520 beamformer RFIC and pSemi's PE128300 up-down converter, reducing components and cost for the RF module. Peraso's PRS1520 supports major mmWave bands and pSemi's converter offers a cost-efficient RF solution for specific frequency bands. Peraso and pSemi will showcase their hardware at the International Microwave Symposium next week.
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Peraso Inc. (NASDAQ:PRSO) has been invited to deliver an industry keynote address at IMS2023. The address will discuss Peraso's 5G FR2 single-chip CPE beamformer and the deployment of 60-GHz unlicensed wireless networks. Representatives from Peraso will also attend the show to connect with customers and explore new opportunities. Peraso's technology aims to bridge the 'digital gap' and provide seamless connectivity.
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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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