Peraso Launches Platform for Dense Urban mmWave Fixed Wireless Access
- Commercial availability of DUNE platform for Fixed Wireless Access
- Expansion of capabilities of 60 GHz mmWave hardware to address high population density environments
- Expectation to increase sales of Perspectus family of mmWave modules for FWA
- None.
Insights
The commercial availability of Peraso Inc.'s DUNE platform for Fixed Wireless Access (FWA) represents a significant advancement in telecommunications, particularly for dense urban environments. The FWA market is rapidly evolving and the introduction of a solution that operates in the unlicensed 60 GHz band is noteworthy. This frequency band is less congested compared to the traditional Wi-Fi spectrum, which could translate into more reliable connections and higher data throughput for end-users.
Peraso's strategic move to address network contention and competition in high-density areas through adaptive air-access protocols and other innovations could provide them with a competitive edge. The claims of increased network capacity and reduced service latency are critical performance metrics that could sway wireless internet service providers (WISPs) to adopt the DUNE platform. If these performance enhancements are validated by independent benchmarking, it could lead to increased sales of Peraso's Perspectus family of mmWave modules and potentially grow their market share in the FWA space.
Peraso's announcement may have a broader impact on the FWA market, potentially influencing stock market perceptions of the company's growth trajectory. Investors typically respond positively to innovations that promise to unlock new market opportunities and revenue streams. The DUNE platform's ability to solve connectivity issues in dense urban areas could position Peraso as a leader in a niche but expanding segment of the telecommunications industry.
Furthermore, the partnership with WISPs and equipment suppliers to deploy cost-effective hardware could facilitate rapid market penetration. The emphasis on immediate deployment readiness suggests that Peraso is aiming for quick adoption and revenue generation. This proactive approach to market expansion, if successful, could be reflected in the company's financial performance and, consequently, its stock valuation.
Peraso's financial outlook may be positively influenced by the DUNE platform's commercial availability, considering the potential for increased sales and market opportunity expansion. The company's decade-long experience in mmWave technology and the development of proprietary intellectual property could result in a robust product offering that differentiates it from competitors. The financial commitment required to develop such a platform suggests confidence in its market viability and potential return on investment.
It is also important to monitor the adoption rate of DUNE by WISPs and the subsequent financial impact on Peraso's revenue streams. The company's distribution network, including partnerships with Richardson RFPD and others, could be pivotal in accelerating the commercialization process. Investors should watch for future firmware updates that may enhance network scalability and robustness, as these could further solidify Peraso's market position and financial performance.
SAN JOSE, CA / ACCESSWIRE / January 16, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a global leader in mmWave technology, today announced commercial availability of its dense urban network environment ("DUNE") platform for Fixed Wireless Access ("FWA"). DUNE addresses the network access problems experienced in sprawling urban neighborhoods where conventional connectivity solutions are too costly, physically impractical, or saturated. Peraso expects to leverage the DUNE platform to expand its market opportunity and increase sales of its Perspectus family of mmWave modules for FWA.
Since the introduction of 60 GHz mmWave in the FWA market, it has found acceptance in sub-urban and rural applications where its ability to provide multi-gigabit connectivity at ranges up to 8km has proven advantages over cable, fiber and other FWA solutions. With the introduction of DUNE, Peraso is expanding the capabilities of its Perspectus 60 GHz mmWave hardware and the IEEE 802.11ad based platform to address high population density environments.
"DUNE consists of a suite of capabilities that Peraso has developed to increase the utilization of the unlicensed 60 GHz band which does not compete for spectrum with common Wi-Fi and does not demand the financial commitment for spectrum ownership and infrastructure that is inherent in 4G/5G FWA networks", said Michael Hamilton, VP of Business Development for Peraso. "DUNE includes Peraso's adaptive air-access protocol and other novel approaches to solve network contention and competition problems that have plagued many wireless systems. Additionally, DUNE implements features that provide an excellent quality of experience with low latency and symmetrical data capability."
Ron Glibbery, Peraso CEO added, "Peraso is working directly with WISPS worldwide to understand the challenges they face, and we are working with equipment suppliers to incorporate DUNE in cost-effective hardware which can be deployed immediately.
Quite frankly, operators are telling us that DUNE solves problems that these operators have not been able to address with other wired, fiber or wireless technology.
DUNE is a result of Peraso's decade long experience in mmWave technology and in-house development of the intellectual property incorporated in the MAC, PHY and drivers as well as novel antenna designs and beamforming algorithms. With an intimate knowledge of each layer of the system, the engineering team behind DUNE has taken a multi-level approach to reducing contention and interference by incorporating both physical, e.g. antenna and beamforming, and protocol level innovations.
Benchmark testing with DUNE based networks has demonstrated near elimination of contention between neighboring, independent networks sharing the same frequency, allowing each network to operate at its full capacity. Additionally, in Peraso's testing, DUNE's dynamic traffic management has demonstrated up to a
Over the next year, Peraso intends to include additional features in upcoming firmware releases to facilitate network scalability and robustness.
Peraso provides its technology worldwide through system vendors in North America, Asia and Europe and Peraso's component distributors, including Richardson RFPD.
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 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, 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. 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.
About Peraso Inc.
Peraso Inc. (NASDAQ: PRSO) is a pioneer in high-performance 60 GHz license free and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, immersive video, and factory automation. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. For additional information, please visit www.perasoinc.com.
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Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.
Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com
Peraso Company Contact
Mark Lunsford
CRO
mlunsford@perasoinc.com
SOURCE: Peraso, Inc.
View the original press release on accesswire.com
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