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. (NASDAQ: PRSO) is a fabless semiconductor company focused on high-performance 60 GHz unlicensed and 5G mmWave wireless technology. The Peraso news feed on Stock Titan brings together the company’s press releases and related coverage so readers can follow how its mmWave chipsets, antenna modules, software and IP are being applied in real deployments.
Recent Peraso news highlights collaborations and events that illustrate its market focus. The company announced a collaboration with Virewirx Inc., under which Peraso’s 60 GHz Perspectus modules, including the PRM2146X-D, power the VX60 platform for multi-gigabit robotaxi and physical AI connectivity. Peraso has also discussed its role in fixed wireless access and broadband, citing work with partners such as WeLink to expand high-speed connectivity in dense urban areas.
Investors and industry followers can use this page to track Peraso’s participation in sector events and trade shows, such as WISPAPALOOZA and the Africa Tech Festival, where the company showcases its 60 GHz fixed wireless access solutions and its DUNE platform for point-to-multipoint connectivity. News items also cover product spotlights, design wins, tactical communications trials, and updates on Peraso’s mmWave deployments in regions including Africa.
In addition, Peraso’s news includes financial and corporate updates, such as quarterly earnings announcements, conference call details, investor conference presentations, and governance developments like board appointments. Bookmark this page to monitor how Peraso’s mmWave technology, customer collaborations and strategic review process evolve over time.
Peraso announced the exercise of Series B warrants to purchase 2,246,030 shares of common stock at a reduced price of $1.30 per share, expecting to raise $2.9 million in gross proceeds. In exchange, the company will issue new unregistered Series C and D warrants to purchase up to 2,246,030 shares each at $1.61 per share. The Series C warrants have a 6-month term while Series D warrants extend to 5 years. Additionally, Peraso reduced the exercise price to $1.30 for non-participating warrant holders until November 8, 2024. The proceeds will be used for working capital and general corporate purposes.
Peraso Inc. (NASDAQ:PRSO) announces that SAF Tehnika has launched FreeMile 60, a fixed wireless access radio using Peraso's Perspectus mmWave modules with X720 chipset. Operating in the unlicensed 60 GHz band, FreeMile features a 90-degree multipoint setup for wireless Internet service providers to maximize network coverage. The product has received FCC and CE certification and is immediately available in North America and Europe through SAF's distribution network. The solution aims to address the growing demand for alternative broadband platforms in the $3.4B addressable market.
Peraso Inc. (NASDAQ:PRSO), a leader in mmWave technology for 60 GHz unlicensed and 5G licensed networks, will release its Q3 2024 financial results on Tuesday, November 12, 2024, after market close. The announcement will be followed by a conference call at 2:00 p.m. Pacific Time to discuss results and business outlook. An archived webcast and conference call replay will be available through November 26, 2024, with supporting materials posted on the company's investor relations website.
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.