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 reports developments in mmWave wireless semiconductor technology, including 60 GHz modules, antenna modules, software-enabled solutions, and related IP or engineering services. Company news commonly covers product shipments and design wins for fixed wireless access, tactical communications, drone Identification Friend or Foe applications, and other high-bandwidth connectivity uses in congested environments.
Updates also include quarterly and annual results, mmWave product revenue trends, customer and defense-contractor collaborations, investor conference presentations, board changes, and capital-market communications tied to Peraso's Nasdaq-listed common stock.
Peraso (NASDAQ:PRSO) announced it received additional non-cancelable purchase orders totaling $0.5 million for memory integrated circuit products tied to a previously announced end-of-life (EOL) program.
The orders are described as unanticipated last-time buys; Peraso has begun fulfilling them from inventory and expects shipments to be completed during Q4 2025. Management said the orders will contribute incremental revenue and cash flow to consolidated results in the second half of 2025.
Peraso (NASDAQ:PRSO) will present at the Planet MicroCap Showcase in Toronto on Wednesday, October 22, 2025 at 9:30 a.m. ET. CEO Ron Glibbery and CFO Jim Sullivan will deliver the presentation and management will be available for in-person meetings with registered attendees on October 22 and October 23, 2025. A live and archived webcast will be available on the Planet MicroCap website via the webcast link, and interested investors can register to attend and schedule meetings.
Peraso (NASDAQ:PRSO) will showcase its 60 GHz fixed wireless access (FWA) solutions at WISPAPALOOZA 2025 in Las Vegas, October 13–16, 2025. The company plans demonstrations at booth #641 and executive-team meetings by request.
Peraso describes its 60 GHz mmWave technology as delivering multi-gigabit, fiber-class speeds while reducing deployment time, maintenance and infrastructure costs. The release emphasizes use cases across rural and dense urban markets and positions the solution as an alternative to trenching and fiber buildouts. Meeting requests are routed to tweiland@sheltongroup.com.
Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received official notification from Nasdaq confirming that its stock maintained a closing bid price above $1.00 for 10 consecutive trading days through September 18, 2025, meeting the criteria specified in Nasdaq Marketplace Rule 5550(a)(2).
This development resolves Peraso's listing compliance concerns, with Nasdaq officially considering the matter closed.
Peraso (NASDAQ:PRSO) announced that CEO Ronald Glibbery will present at the upcoming Investor Summit Virtual on September 16, 2025. The presentation will provide investors with insights into the company's growth strategies and market opportunities.
Mobix Labs (NASDAQ: MOBX) has announced plans to launch a hostile tender offer to acquire Peraso (NASDAQ: PRSO). The proposed acquisition will be structured as a combination of cash and MOBX common stock. This announcement follows Peraso's board's attempt to restrict direct shareholder communications and their recent controversial warrant transaction that resulted in the issuance of 952,380 new shares with additional warrants.
Mobix Labs criticizes Peraso's recent dilutive financing, viewing it as detrimental to shareholder value during a sale process. The company has access to a $100 million equity line of credit to support the transaction and expects to close within approximately 75 days of commencement, subject to various conditions including stockholder approval and regulatory clearances.
Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, provided an update on its strategic review process and clarified its interactions with Mobix Labs. The company confirmed holding a non-confidential exploratory call with Mobix Labs on September 10, 2025, regarding Mobix Labs' unsolicited proposal from September 4.
The Board unanimously decided that any future engagement with Mobix Labs must follow the company's established process, including signing a standard confidentiality agreement with standstill provisions. Multiple other parties have already executed such agreements and are actively participating in the strategic review.
Peraso (NASDAQ:PRSO) has secured a significant $0.9 million order for its PRM2141X module from a leading global fixed wireless access (FWA) equipment supplier. The module features a 16-element phased array antenna and operates in the 60 GHz band.
The PRM2141X, when combined with Peraso's PRS4601-B2E baseband processor, provides a comprehensive solution for next-generation FWA networks, offering fiber-class broadband connectivity with improved performance over traditional 5 GHz/6 GHz devices. The technology enables rapid and cost-effective deployment of wireless equipment without the expenses associated with wired infrastructure.
Peraso (NASDAQ:PRSO), a mmWave wireless technology solutions company, has announced the exercise of Series C warrants for $1.1 million in gross proceeds. The agreement involves the immediate exercise of warrants to purchase 952,380 shares at a reduced price of $1.18 per share.
As part of the transaction, Peraso will issue new unregistered Series E warrants to purchase an equal number of shares at $1.25 per share, exercisable after six months with a term of 5.5 years. The company plans to use the proceeds for working capital and general corporate purposes. Ladenburg Thalmann & Co. Inc. serves as the exclusive placement agent.
Peraso (NASDAQ:PRSO) has announced a strategic partnership with WeLink Communications to deploy high-speed broadband solutions in dense urban areas. WeLink will utilize Peraso's 60 GHz mmWave technology to deliver multi-gigabit connectivity through a mesh-based fixed-wireless access architecture.
WeLink is currently operating in three major U.S. metropolitan markets with plans for expansion. The partnership aims to provide affordable, fiber-class broadband access to traditionally underserved communities, offering speeds up to 2 Gbps at lower costs and faster deployment times compared to traditional fiber infrastructure.