Peraso (PRSO) Stock News

Peraso (NASDAQ:PRSO) has secured its first production order for 60 GHz wireless video systems designed for educational environments. The company's mmWave wireless technology solution provides high-performance, low-latency video transmission without impacting existing school Wi-Fi infrastructure.

The technology operates independently in the 60 GHz unlicensed spectrum, reducing interference by isolating wireless transmissions to individual classrooms. This development addresses the growing challenge of Wi-Fi congestion in dense educational environments, offering an alternative solution for reliable, high-speed wireless connectivity.

Peraso's mmWave communication products feature high data rates, ultra-low latency, and low susceptibility to interference, making them particularly suitable for high-quality video transmission in classroom settings and other applications where traditional wireless systems may be insufficient.

Peraso (NASDAQ:PRSO) has received an unsolicited, non-binding acquisition proposal from Mobix Labs. The proposal offers to acquire all of Peraso's equity securities in exchange for Mobix common stock at approximately $1.20 per share, representing a 20% premium based on a 30-day average.

Peraso disputes several claims made in Mobix's press release, including financial information and Nasdaq listing requirements. The company reported Q1 2025 revenue of $3.8 million and FY 2024 revenue of $14.2 million. Peraso confirms it maintains Nasdaq listing compliance through the stockholders' equity alternative, requiring $2.5 million in equity, rather than the $35 million market value requirement cited by Mobix.

Peraso's Board of Directors will evaluate the proposal to determine the best course of action for shareholders. No immediate action is required from stockholders.

Mobix Labs (NASDAQ:MOBX) has announced an unsolicited bid to acquire Peraso (NASDAQ:PRSO) in a stock-for-stock transaction at a 20% premium to Peraso's 30-day average share price. The strategic merger aims to combine Mobix's defense and interconnect products with Peraso's mmWave solutions.

Key financial highlights include Peraso's Q1 2025 5G/mmWave revenues of $1.5M, surpassing its entire 2024 revenue of $1.3M. Mobix reported $10.7M in trailing-12-month revenue with ~450% YoY growth. The combined entity could generate approximately $20M in annual revenue. Peraso currently faces a Nasdaq compliance requirement to raise its market value to $35M by November 2025 from its current $5.9M market cap.

Peraso Inc. (NASDAQ:PRSO), a mmWave wireless technology solutions company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq that it has met the continued listing requirement by maintaining a closing bid price above $1.00 for 10 consecutive trading days, ending June 17, 2025. This compliance with Nasdaq Marketplace Rule 5550(a)(2) ensures Peraso's continued listing on the Nasdaq Capital Market, with Nasdaq considering the matter resolved.

Peraso (NASDAQ:PRSO) has achieved a significant milestone with its first production shipments of 60 GHz wireless solutions for tactical communications applications, following a collaboration with a leading defense contractor. The company's mmWave technology platform enables next-generation battlefield safety systems with stealthy data transmission capabilities. The potential market opportunity could exceed US$500 million, based on NATO's active force of approximately 3.44 million soldiers. Peraso's technology offers low latency, high reliability, and stealthy communications features crucial for military applications and can be utilized by both military forces and non-combat personnel including medics and peacekeepers.

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.