Peraso Secures $1.4 Million Follow-on Order, Further Validating the Benefits of mmWave in High-Density Environments
Peraso announced a $1.4 million follow-on purchase order from a South African wireless Internet service provider for mmWave equipment, following an initial order from Q2 2024. The company's mmWave technology operates in the unlicensed 60 GHz band, offering superior performance in dense urban environments where traditional 5 GHz/6 GHz devices face interference issues. The technology's low-power consumption feature is particularly beneficial in South Africa, where battery backup systems are important due to frequent power outages.
Peraso ha annunciato un ordine di acquisto supplementare da 1.4 milioni di dollari da un fornitore di servizi Internet wireless sudafricano per apparecchiature mmWave, a seguito di un ordine iniziale dal secondo trimestre del 2024. La tecnologia mmWave dell'azienda opera nella banda non regolamentata dei 60 GHz, offrendo prestazioni superiori in ambienti urbani densamente popolati, dove i dispositivi tradizionali a 5 GHz/6 GHz affrontano problemi di interferenza. La caratteristica a basso consumo di energia della tecnologia è particolarmente vantaggiosa in Sudafrica, dove i sistemi di backup a batteria sono importanti a causa delle frequenti interruzioni di corrente.
Peraso anunció un pedido de compra adicional de 1.4 millones de dólares de un proveedor de servicios de Internet inalámbrico de Sudáfrica para equipos mmWave, tras un pedido inicial del segundo trimestre de 2024. La tecnología mmWave de la empresa opera en la banda no licenciada de 60 GHz, ofreciendo un rendimiento superior en entornos urbanos densamente poblados, donde los dispositivos tradicionales de 5 GHz/6 GHz enfrentan problemas de interferencia. La característica de bajo consumo energético de la tecnología es particularmente beneficiosa en Sudáfrica, donde los sistemas de respaldo de batería son importantes debido a los frecuentes cortes de energía.
Peraso는 140만 달러 규모의 추가 구매 주문을 남아프리카 공화국의 무선 인터넷 서비스 제공업체로부터 mmWave 장비에 대해 발표하였으며, 이는 2024년 2분기의 초기 주문에 따른 것입니다. 회사의 mmWave 기술은 비면허 60 GHz 대역에서 작동하여, 전통적인 5 GHz/6 GHz 장치들이 간섭 문제를 겪는 밀집 도시 환경에서 우수한 성능을 제공합니다. 기술의 저전력 소비 기능은 빈번한 정전으로 인해 배터리 백업 시스템이 중요한 남아프리카에 특히 유리합니다.
Peraso a annoncé un ordre d'achat complémentaire de 1,4 million de dollars d'un fournisseur de services Internet sans fil sud-africain pour des équipements mmWave, suite à une commande initiale du deuxième trimestre 2024. La technologie mmWave de l'entreprise fonctionne dans la bande non licenciée de 60 GHz, offrant des performances supérieures dans les environnements urbains denses où les dispositifs traditionnels de 5 GHz/6 GHz rencontrent des problèmes d'interférence. La caractéristique de faible consommation d'énergie de la technologie est particulièrement bénéfique en Afrique du Sud, où les systèmes de secours par batterie sont importants en raison des fréquentes coupures de courant.
Peraso kündigte eine Nachbestellung über 1,4 Millionen US-Dollar von einem südafrikanischen Anbieter von drahtlosem Internetdienst für mmWave-Ausrüstung an, nachdem eine erste Bestellung im zweiten Quartal 2024 erfolgt war. Die mmWave-Technologie des Unternehmens arbeitet im unregulierten 60-GHz-Bereich und bietet überlegene Leistung in dicht besiedelten städtischen Umgebungen, wo traditionelle 5-GHz/6-GHz-Geräte mit Interferenzproblemen konfrontiert sind. Die Eigenschaft des geringen Stromverbrauchs der Technologie ist besonders vorteilhaft in Südafrika, wo Backup-Batteriesysteme aufgrund häufiger Stromausfälle wichtig sind.
- Secured $1.4 million follow-on order from South African WISP
- Demonstrates product validation and customer satisfaction through repeat order
- Technology addresses specific market needs in areas with power reliability issues
- None.
Insights
The
The order's size relative to Peraso's market capitalization (
Peraso's mmWave technology operating in the 60 GHz band offers distinct advantages in urban environments where spectrum congestion is a major issue. The key differentiators include:
- Real-time phased array beamforming for improved signal quality
- DUNE protocol implementation for enhanced efficiency
- Low power consumption design important for markets with unreliable power
SAN JOSE, CA / ACCESSWIRE / October 24, 2024 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leading provider of mmWave wireless technology for fixed wireless access ("FWA"), today announced a
"We believe this repeat order is a testament to the performance and reliability of our mmWave technology in addressing the critical connectivity needs of underserved communities and that it further validates the strong and growing demand for Peraso's solutions in dense urban markets," said Ron Glibbery, CEO of Peraso. "We are proud to partner with WISPs in South Africa and worldwide with the goal of delivering high-quality internet access that empowers individuals and businesses alike."
Peraso's mmWave technology operates in the unlicensed 60 GHz band and offers superior performance in dense urban environments, where traditional 5 GHz/6 GHz licensed devices can struggle with interference and congestion. This advantage is particularly crucial in South Africa, where reliable connectivity is essential for economic growth and social development. Furthermore, Peraso's low-power consumption technology provides significant benefits in a market heavily reliant on battery backup systems due to frequent power outages. "The rapid growth of internet users in Africa presents an important opportunity to bridge the digital divide," added Glibbery. "Using real-time, phased array beamforming, coupled with the highly efficient DUNE protocol, we believe Peraso's FWA technology is ideally suited to high density, urban markets."
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. 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.
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," "could," "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 and its customers, market acceptance of Peraso's products, and anticipated acceptance and use of mmWave technology by service providers, 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 by our customers and intended users of our products; 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 included in our 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.
Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.
Contact Information
Tyler Weiland
Vice President, Public Relations
tweiland@sheltongroup.com
(972) 571-7834
Mark Lunsford
CRO
mlunsford@perasoinc.com
SOURCE: Peraso Inc.
View the original press release on accesswire.com
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