Peraso 60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military Applications
Rhea-AI Summary
Peraso (NASDAQ:PRSO) said its 60 GHz mmWave beamforming semiconductor technology was selected by InTACT for a next-generation drone Identification Friend or Foe (IFF) system on March 6, 2026. The IFF system targets contested electronic-warfare environments with directional, low-power links to reduce detection and interception.
The companies cite mutual authentication, compact integration for drones and soldier-borne systems, and operation after a two-year collaboration as key features.
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News Market Reaction – PRSO
On the day this news was published, PRSO gained 151.54%, reflecting a significant positive market reaction. Argus tracked a peak move of +151.7% during that session. Our momentum scanner triggered 72 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $12M to the company's valuation, bringing the market cap to $19.28M at that time. Trading volume was exceptionally heavy at 918.8x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Pre-news, PRSO was down 8.36% while sector peers were mixed: LEDS up 5.51%, MX up 0.7%, SQNS up 0.95%, GSIT down 0.73%, ICG down 4.44%. Momentum data show MOBX up 15.2% and ICG up 2.33%. Peers skewed upward while PRSO traded lower, pointing to stock-specific dynamics.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | Board appointment | Positive | -2.4% | Veteran wireless executive Cees Links added to board for strategic guidance. |
| Nov 25 | Tech collaboration | Positive | +3.9% | Collaboration with Virewirx using 60GHz modules for robotaxi data offload. |
| Nov 10 | Earnings results | Positive | -2.9% | Q3 2025 revenue growth, margin expansion, and narrowed GAAP net loss. |
| Nov 04 | Product promotion | Neutral | -6.8% | Showcasing DUNE 60GHz platform at Africa Tech Festival for new markets. |
| Oct 28 | Earnings notice | Neutral | -4.0% | Announcement of timing and access details for Q3 2025 earnings call. |
Recent positive or neutral catalysts (earnings beats, collaborations, events) often coincided with flat-to-negative 24h moves, suggesting a pattern of muted or selling pressure on good news.
Over the last few months, Peraso has reported several operational milestones, including Q3 2025 revenue of $3.2M with improved 56.2% gross margin and a narrowed $1.2M GAAP net loss, plus design wins and a $0.9M production order. It also announced a 60GHz robotaxi collaboration and showcased its DUNE platform at Africa Tech Festival. Despite these developments, most prior news days saw negative price reactions, providing context for the defense-drone announcement.
Regulatory & Risk Context
Peraso filed an S-3 shelf on 2025-10-08 registering shares for resale by selling stockholders and shares underlying existing warrants and options. The shelf has seen 2 usage events via 424B5 filings dated 2025-10-10 and 2025-11-21, indicating an established mechanism for raising capital or enabling holder liquidity.
Market Pulse Summary
The stock surged +151.5% in the session following this news. A strong positive reaction aligns with the strategic nature of securing a defense-related design win for drone IFF systems in contested environments. Historically, PRSO often saw negative or muted moves on positive updates, with 4 of the last 5 news days closing down despite operational progress. A large upside move could therefore mark a departure from that pattern, but investors would still need to weigh prior volatility and the existing S-3 shelf usage.
Key Terms
millimeter-wave (mmwave) technical
identification friend or foe (iff) technical
electronic warfare technical
beamforming technical
transceivers technical
mutual authentication technical
counter-uas technical
semiconductor technical
AI-generated analysis. Not financial advice.
Peraso Solutions Enable Secure Drone Communications in InTACT's Advanced Identification Platform
SAN JOSE, CALIFORNIA / ACCESS Newswire / March 6, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") today announced that its 60 GHz millimeter-wave (mmWave) semiconductor technology has been selected by InTACT, an Israeli defense contractor, for use in a new drone Identification Friend or Foe (IFF) system designed to operate in highly contested electronic warfare environments.
As modern battlefields become increasingly saturated with unmanned systems, the ability to quickly and reliably identify friendly drones has become a critical operational requirement for military forces. InTACT's IFF system enables secure identification between drones and ground forces, allowing counter-drone systems and battlefield operators to determine whether aerial platforms are friendly or hostile.
At the core of the system, Peraso's 60 GHz beamforming wireless transceivers provide the communications backbone for highly directional, low-power links that reduce the likelihood of detection or interception, making them well suited for dense electronic warfare environments.
"With the rapid proliferation of drones on the battlefield, secure identification systems are becoming essential to prevent friendly-fire incidents and enable safe coordination between unmanned and manned forces," said Ron Glibbery, CEO of Peraso. "Our 60 GHz mmWave technology is designed to provide a secure, directional communications channel ideally suited for these environments, enabling advanced systems such as the IFF platform developed by InTACT."
Modern military operations increasingly rely on large numbers of drones performing reconnaissance, strike, logistics, and electronic warfare missions, creating what military planners often describe as a "cluttered sky." In such environments, the ability to rapidly distinguish between friendly and hostile systems is essential for both force protection and operational effectiveness.
The IFF system addresses this challenge by enabling mutual authentication between drones and ground forces, providing real-time identification capabilities that support infantry units, command systems, and counter-UAS defenses. The platform is designed to operate reliably in contested electromagnetic environments, where traditional radio communications can be easily detected or jammed.
"In modern warfare, identification systems must be secure, resilient, and extremely difficult for adversaries to detect or disrupt," said Meir Rapaport, CEO of InTACT. "By leveraging Peraso's advanced 60 GHz mmWave technology, we have been able to develop a stealthy and robust identification solution designed specifically for drone-dense battlefields."
InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:
Highly directional beamforming communications
Low probability of detection and interception
Low power consumption for battery-operated platforms
Compact integration for drones and soldier-borne systems
Peraso Inc. and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone identification applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.
About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.
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," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and InTACT, the expected benefits of Peraso's collaboration with InTACT and anticipated use of mmWave technology in drone and other military applications, 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, anticipated use of mmWave technology in drone and defense applications, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's 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.
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Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com
Company Contact
Ron Glibbery
CEO, Co-Founder
SOURCE: Peraso Inc.
View the original press release on ACCESS Newswire