Peraso Stock Price, News & Analysis

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 Inc. (NASDAQ:PRSO), a leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, has announced its participation in the LD Micro 17th Annual Main Event. The conference will take place at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.

Key details:

• CEO Ron Glibbery and CFO Jim Sullivan will represent Peraso
• Presentation scheduled for Wednesday, October 30, at 8:30 a.m. PT
• Management will be available for investor meetings

Investors interested in meeting with Peraso's management can request appointments via meetings@ldmicro.com. Additionally, a virtual presentation option is available through a provided registration link.

Peraso and Richardson RFPD are hosting a webinar titled 'mmWave 60 GHz for ADEF Tactical Applications' on October 24, 2024. The event will explore the benefits of 60 GHz mmWave technology for military and defense applications. Key topics include:

• Technology behind Peraso's mmWave products
• Beamforming and phased array antenna technology
• Propagation characteristics
• High-frequency communications for defense applications
• Specific use cases for Aerospace and Defense (ADEF) systems

Michael Hamilton, VP of Business Development at Peraso, highlights the technology's ability to provide secure, high-speed data transfer in challenging battlefield environments. The webinar will also cover economic justifications for using unlicensed spectrum bands and relevant industry standards. Presenters include Michael Hamilton and Dr. Nadine Hatto from Peraso.

Peraso Inc. (NASDAQ:PRSO) announced that Miliwave Co., has introduced the MWC-932, a new addition to its AirPath 60 product line, at WISPAPALOOZA. The MWC-932 is an Ethernet Bridge mmWave radio with a 5km range, utilizing Peraso's Perspectus mmWave modules and X720 chipset. Key features include:

- Operates in the unlicensed 60 GHz band
- Provides multi-gigabit throughput
- Immune to common Wi-Fi interference
- High-gain, offset-parabolic antenna
- Weather-protected enclosure
- Compact size: 114mm x 145mm x 125mm
- Two 2.5G Ethernet interfaces
- 60W Power Over Ethernet (POE) input
- 30W POE output for peripheral equipment

The MWC-932 is designed for private and municipal networks, offering a single-box solution for reliable, cost-effective connectivity needs.

Peraso Inc. (NASDAQ:PRSO), a pioneer in mmWave wireless technology solutions, announced its participation at WISPAPALOOZA 2024 in Las Vegas, October 14-17, 2024. The company will showcase its innovative 60 GHz fixed wireless access (FWA) solutions designed for wireless Internet service providers (WISPs).

Peraso's technology competes directly with fiber solutions, offering a scalable and cost-effective way to bring ultra-fast connectivity to remote and underserved communities. The 60 GHz frequency band provides wide bandwidth, minimal interference, and supports gigabit-level speeds. At the event, Peraso will demonstrate its mmWave technology and showcase partner solutions from industry leaders including Jaguar Wave, Ketsen, Miliwave, Tachyon Networks, and Zinwell.

Peraso Inc. (NASDAQ:PRSO) has received a purchase order for its DUNE platform from a Kenyan wireless Internet service provider (WISP). This marks a significant step in deploying 60GHz technology in Africa. The DUNE platform, utilizing mmWave technology, offers a robust solution for high-density environments, supporting 32 end users per access point.

The WISP will replace its existing 5GHz technology with Peraso's 60GHz mmWave solution, expected to improve performance, enable higher density operation, and lower cost per customer. The project will be implemented in two phases: point-to-point (PTP) for backhaul and point-to-multipoint (PTMP) for last-mile access.

This deployment is anticipated to enhance the WISP's ability to scale its business across Kenyan population centers, including Nairobi and Mombasa. With an estimated 22.7 million internet users in Kenya, Peraso believes this project could have a substantial impact on improving internet services for a large number of users.

Peraso Inc. (NASDAQ:PRSO), a leader in mmWave technology, announced its participation in Futurecom 2024 in Sao Paulo, Brazil, from October 8-10, 2024. The company will showcase its Dense Urban Network Environment (D.U.N.E.) solutions and advocate for mmWave Fixed Wireless Access (FWA) in densely populated areas.

Peraso will be part of the Canadian Pavilion at booth #F120, hosted by the Canadian Trade Commissioner Service. CEO Ron Glibbery expressed excitement about the opportunity to showcase Canada's technology ecosystem and explore new opportunities in the Brazilian market.

As a pioneer in high-performance mmWave phased array solutions, Peraso offers technology for all mmWave communication bands (24GHz - 71GHz). Their fully integrated, unlicensed 60GHz solutions are important for bringing gigabit wireless broadband to underserved communities. Peraso's management will be available at the show for meetings with industry professionals and media representatives.

Peraso Inc. (NASDAQ:PRSO) has received a purchase order for its High-Velocity Roaming (HVR) technology to enhance high-speed internet connectivity on moving trains and subways in Korea. The initial quantities will be used to demonstrate and characterize the use of 60GHz for HVR in the Korean public transportation system. Peraso's HVR technology provides uninterrupted high-speed internet to passengers on fast-moving trains, managing signal transfers between access points spaced approximately every kilometer.

CEO Ron Glibbery expressed delight in the technology's recognition and evaluation in one of the world's most congested subway systems. The company is also working to win a similar program for deployment on the rail system in China. This market expansion aligns with Peraso's strategic objective to enhance connectivity solutions globally, addressing the evolving needs of urban transit systems.

Peraso Inc. (NASDAQ:PRSO) has secured a significant purchase order for its Perspectus module products, designed for battlefield applications. The system utilizes Peraso's advanced 60 GHz mmWave RF technology to enhance situational awareness and communications for soldiers in combat operations. Key features include:

- Minimized detection risk
- Reduced sensitivity to battlefield clutter and interference
- Proprietary narrow-beamforming technology
- Customized software and power-saving modes
- Up to one week of continuous operation on a single battery charge

Peraso has filed 50 patent applications in mmWave technology, with 40 already granted, demonstrating its commitment to innovation in wireless communications.