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.
Peraso Inc. (PRSO) is a leader in mmWave wireless solutions powering next-gen connectivity across mobile, fixed wireless, and defense applications. This page aggregates all official announcements, financial disclosures, and strategic developments for stakeholders tracking semiconductor innovation.
Access timely updates including quarterly earnings, product launches, technology partnerships, and management commentary. Our curated feed ensures investors and industry professionals stay informed about PRSO's advancements in 60 GHz chipsets, phased-array antennas, and 5G infrastructure solutions.
Key coverage areas: Financial results with market context, mmWave technology milestones, strategic collaborations in consumer electronics and defense sectors, and intellectual property developments. Content is verified against original SEC filings and company communications.
Bookmark this page for efficient tracking of Peraso's progress in enabling high-speed wireless networks and compact semiconductor designs. Check regularly for material updates impacting the fabless semiconductor sector and adjacent connectivity markets.
Peraso Inc. (NASDAQ:PRSO) has introduced the PRM2141X-D, the latest addition to its PERSPECTUS series of mmWave modules. Built on the Peraso X720 60-GHz chipset, this module features an integrated dual-polarized antenna array designed for high-mobility network deployments. The module supports dynamic switching and polarization diversity for reliable connections in challenging scenarios, particularly suited for body-mounted applications.
The PRM2141X-D operates in the 57-71 GHz band, offering features such as automatic rate adaptation, dynamic directional beamforming, and data rates up to 3 Gbps. The product is currently available for sampling, with production scheduled to begin in June 2025.
Peraso (NASDAQ:PRSO) has secured a strategic contract to provide 60GHz mmWave communications technology for military operations. The company is partnering with a specialized defense contractor to develop solutions enhancing tactical communications and safety for military personnel and non-combatants in high-risk environments.
The technology's key features include low probability of detection on the battlefield and strong immunity to jamming. Initial production shipments are expected to begin in Q2 2025, targeting a total addressable market of at least 3.44M active NATO military personnel.
The solution leverages Peraso's advanced mmWave capabilities, offering ultra-low latency and low probability of intercept, positioning the company's platform for increased adoption in security and defense applications.
Peraso Inc. (NASDAQ:PRSO) has received a Notice of Allowance from the USPTO for patent application 17/846275, covering technology for seamless recovery of distributed access points in wireless networks. The patent, expected to be issued in 2025, will provide IP protection until 2042.
The technology addresses service disruptions in large wireless networks by enabling seamless reintegration of recovered or new access points without requiring full network resets. Key features include:
- Seamless station roaming during AP connection disruptions
- Real-time detection of lost access points
- Secure handshake protocol for encryption key re-establishment
- Automatic reconnection maintaining maximum performance
Peraso (NASDAQ: PRSO), a leader in mmWave wireless technology solutions, has announced its participation in the upcoming Centri Capital Conference on April 22, 2025, at Nasdaq MarketSite in New York City.
CEO Ron Glibbery and CFO Jim Sullivan will represent the company, with a scheduled presentation at 9:00 A.M. Eastern Time. The management team will be available throughout the day for meetings with registered conference attendees.
Investors can access both live and archived versions of the company's presentation through the Events page on Peraso's website. Interested portfolio managers and analysts can arrange meetings through their Centri representative or by registering for the conference directly.
Peraso (NASDAQ:PRSO) has announced a significant upgrade to its PERSPECTUS module products, increasing supported end-point devices per access point from 32 to 48, representing a 50% capacity increase. The enhancement benefits Wireless Internet Service Providers (WISPs) using fixed wireless access (FWA) in the unlicensed 60 GHz spectrum.
The upgrade offers several advantages for the FWA market, particularly in dense urban deployments: improved total network ownership costs, competitive data rates up to 2 Gbps, reduced power consumption, and less hardware deployment requirements. Peraso's mmWave technology demonstrates enhanced performance in urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.
The company is actively deploying its 60 GHz technology in urban centers like Los Angeles, with potential growth opportunities through the BEAD program, which has allocated over $42 billion for broadband infrastructure in unserved and underserved areas.
Peraso Inc. (NASDAQ:PRSO), a leader in mmWave technology, has announced its participation in WISPAMERICA OKC from March 24-27, 2025, where it will showcase its 60 GHz fixed wireless access (FWA) solutions. The company's technology is designed to provide high-speed connectivity for wireless Internet service providers (WISPs) in areas where fiber deployment is not cost-effective.
Key company executives, including VP Mike Hamilton and Senior Director Dr. Nadine Hatto, will be present at booth #541 to demonstrate how Peraso's mmWave solutions deliver superior speeds and low latency. The company's fully integrated, unlicensed 60 GHz solutions serve the FWA market across multiple applications, with growing demand for the technology.
As one of the few providers offering solutions across all mmWave communication bands (24 GHz - 71 GHz), Peraso's technology caters to WISPs of various sizes, building on over a decade of experience in high-performance mmWave phased array solutions.
Peraso (NASDAQ:PRSO) reported strong Q4 2024 financial results with total revenue of $3.7 million, marking a 100% year-over-year increase. The company achieved significant margin expansion, with GAAP gross margin reaching 56.3% and non-GAAP gross margin at 71.6%.
Key highlights include a recent $3.6 million purchase order for mmWave devices expected to be fulfilled in 2025, and increased demand for fixed wireless access (FWA) deployments. The company's Q4 GAAP net loss improved to $1.6 million ($0.37 per share) compared to $8.9 million ($12.48 per share) in Q4 2023.
For full-year 2024, total revenue was $14.6 million with a GAAP net loss of $10.7 million. Looking ahead, Peraso expects Q1 2025 revenue between $3.6-4.0 million, with mmWave revenue projected to exceed full-year 2024 levels.
Peraso Inc (NASDAQ:PRSO) has secured a significant $3.6 million purchase order for its mmWave devices from a leading wireless networking systems provider specializing in fixed wireless access. The company plans to begin shipments in Q2 2025, with complete fulfillment expected throughout 2025.
The order represents a positive signal that the inventory correction affecting customers over recent years is concluding. Peraso's mmWave technology, operating in the unlicensed 60 GHz band, offers enhanced performance in dense urban environments where traditional 5 GHz/6 GHz licensed devices face interference and congestion challenges.
The technology is particularly valuable in North American urban centers where fiber infrastructure deployment or retrofitting can be expensive and time-consuming. Peraso reports current deployments in cities like Los Angeles and anticipates continued expansion across multiple regional locations.
Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology solutions, has scheduled the release of its fourth quarter and full year 2024 financial results on Wednesday, March 19, 2025, after market close.
The company will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results and business outlook. The call will be accessible via webcast and through dial-in numbers, with replay available until April 2, 2025.
Peraso Inc. (NASDAQ:PRSO), a pioneer in mmWave wireless technology solutions, announced that CEO Ron Glibbery was featured on The Street Reports Podcast discussing the company's technology applications. The interview covered key areas including fixed wireless access (FWA) utilizing both 60 GHz unlicensed and 5G spectrum, AI-driven-connectivity, and military applications.
Peraso specializes in multi-gigabit, long-range, 60 GHz unlicensed mmWave wireless technology, providing chipsets, modules and software solutions. The company has over a decade of experience in shipping mmWave semiconductor products, with their solutions being deployed globally across various applications amid growing demand for mmWave technology.
FAQ
What is the current stock price of Peraso (PRSO)?
What is the market cap of Peraso (PRSO)?
