Peraso Stock Price, News & Analysis

Peraso Inc. (NASDAQ:PRSO) announces support for NTIA's revised BEAD funding rules that adopt a technology-neutral approach for the $42.45 billion Broadband Equity, Access and Deployment program. The new policy eliminates regulatory burdens and emphasizes performance and scalability, allowing states more flexibility in broadband deployment strategies. Peraso's 60 GHz mmWave solutions enable wireless internet service providers to deliver fiber-like speeds of 2.5 Gbps, offering a cost-effective alternative to traditional fiber infrastructure. The company's technology provides gigabit throughput, rapid deployment, and network security, positioning it as a viable solution for areas where fiber deployment is challenging or cost-prohibitive. As one of few providers offering solutions across the full mmWave spectrum (24GHz - 71GHz), Peraso's technology caters to WISPs of all sizes.

Peraso Inc. (NASDAQ:PRSO) announced its participation in Wireless Expo Japan 2025, scheduled for May 28-30, 2025, at Tokyo Big Sight. The company will showcase its latest 60GHz mmWave solutions for fixed wireless access (FWA), tactical communications, wireless video, and VR applications.

Two key distributors, Richardson RFPD (booth #W-19) and Cornes Technology Co. (booth #W-28), will demonstrate Peraso's technologies, including the PRM2140X and PRM2130X families, DUNE Platform, and EtherWave Live Demo. As a pioneer in mmWave technology supporting the full spectrum (24GHz-71GHz), Peraso's solutions are deployed globally to deliver gigabit broadband to underserved communities.

Peraso Inc. (NASDAQ:PRSO), a company specializing in mmWave wireless technology solutions, has announced its participation in two upcoming investor conferences. The company will present at the Ladenburg Thalmann Innovation Expo25 on Wednesday, May 21, 2025, at 4:00 p.m. Eastern Time in New York City. Additionally, Peraso will participate in the Lytham Partners Virtual Spring 2025 Investor Conference on Thursday, May 29, 2025. Interested investors and analysts can arrange meetings with management through their respective conference representatives.

Peraso Inc. (NASDAQ:PRSO) has achieved a significant milestone by shipping over 2 million mmWave devices, demonstrating its leadership in 60 GHz spectrum technology. The company, specializing in mmWave wireless technology solutions, has expanded its market presence across diverse sectors including fixed wireless access, consumer VR, high-speed data links, and advanced tactical systems.

CEO Ron Glibbery emphasized that this achievement validates Peraso's industry leadership and technological scalability. The company's solutions address the growing global demand for mmWave applications, particularly in next-generation connectivity. Peraso's focus on delivering ultra-fast, low-latency wireless connectivity positions it to capitalize on the accelerating adoption of 60 GHz solutions.

Peraso (NASDAQ:PRSO) reported strong Q1 2025 financial results with total revenue of $3.9 million, up 37% year-over-year, driven by significant growth in mmWave products. Q1 mmWave revenue surpassed the entire 2024 mmWave revenue. GAAP gross margin improved to 69.3%, while operating expenses decreased to $3.2 million. The company reduced its GAAP net loss to $0.5 million ($0.10 per share), compared to a $2.0 million loss in Q1 2024. Key achievements include a 50% increase in supported users for PERSPECTUS modules and a new defense contract. However, Q2 2025 revenue is expected to decline to $1.8-2.0 million due to planned end-of-life memory IC product discontinuation, though sequential mmWave revenue growth is anticipated throughout 2025.

Peraso Inc. (NASDAQ:PRSO), a company specializing in mmWave wireless technology solutions, has scheduled the release of its first quarter 2025 financial results for Monday, May 12, 2025, after market close. The announcement will be followed by a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results and business outlook.

The conference call can be accessed via phone at 1-888-506-0062 (US) or +1-973-528-0011 (International) using passcode 248288. A webcast with slides will also be available. For those unable to attend live, an archived webcast will be accessible through the company's investor relations page, and a replay will be available until May 26, 2025.

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