Peraso Delivers Initial Production Shipment of 60GHz Modules for Drone IFF Systems
Rhea-AI Summary
Peraso (NASDAQ:PRSO) announced delivery of an initial limited production shipment of its proprietary 60GHz mmWave modules to Israeli defense contractor InTACT on April 14, 2026, marking a production‑readiness milestone.
The modules are optimized for size, weight and power (SWaP), include power‑reduction algorithms and beamforming antennas, and implement InTACT's IFF protocol for drone and infantry applications after a collaboration of more than two years.
AI-generated analysis. Not financial advice.
Positive
- Initial limited production shipment delivered on April 14, 2026
- Proprietary 60GHz modules optimized for SWaP for battery operation
- Integrated beamforming antennas offering lower probability of detection
- More than two years of collaboration with InTACT
Negative
- Shipment described as initial limited production, suggesting early commercialization
- No purchase order value, unit volumes, or pricing disclosed
News Market Reaction – PRSO
On the day this news was published, PRSO declined 2.12%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $256K from the company's valuation, bringing the market cap to $11.81M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
PRSO was down 6.5% while key peers were mixed: LEDS down 10.37%, but GSIT, ICG, MX, and SQNS showed smaller, mixed moves, and only SQNS appeared in the momentum scanner, also moving down. This points to stock-specific trading rather than a broad semiconductor move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 07 | Conference presentation | Neutral | +1.0% | Announced management presentation at the Centri Capital Conference with webcast access. |
| Mar 23 | Conference appearance | Neutral | -4.3% | Investor Summit Virtual Conference presentation and webcast details for management. |
| Mar 16 | Earnings results | Negative | -35.8% | Reported 2025 results with lower total revenue but improved margins and narrower loss. |
| Mar 11 | Earnings date announcement | Neutral | +5.0% | Set date and time for Q4 and full-year 2025 results and call logistics. |
| Mar 06 | Defense design win | Positive | +151.5% | Peraso’s 60 GHz mmWave tech selected by InTACT for next-gen military drone IFF system. |
News directly tied to the 60 GHz military drone/IFF opportunity previously saw a very strong upside reaction, while earnings-related updates and conference appearances produced more modest or negative moves.
Over the past six weeks, Peraso has alternated between investor outreach, financial updates, and tactical communications wins. On Mar 6, its 60 GHz mmWave technology selection for a drone IFF system drove a 151.54% move, highlighting market sensitivity to defense design wins. Subsequent earnings on Mar 16 showed lower revenue but improved margins and narrowed losses, followed by preliminary revenue cuts and ATM expansion in recent filings. Conference announcements on Mar 23 and Apr 7 produced relatively modest price changes. Today’s production-shipment milestone continues the March 6 defense/IFF storyline.
Regulatory & Risk Context
Peraso filed an S-3 shelf registration on Oct 8, 2025 to register shares for resale by certain stockholders and shares issuable upon exercise of outstanding warrants and options, including up to 1,019,047 shares tied to specified warrants and multiple warrant series with defined exercise prices.
Market Pulse Summary
This announcement marks a shift from design win to initial production shipments of Peraso’s 60 GHz modules for drone IFF systems, extending the tactical communications theme introduced on Mar 6. Investors may weigh this progress against 2025 net revenue of $12.2M (down from $14.6M), cash of $2.9M, and preliminary Q1 revenue of $0.9M–$1.0M. Recent ATM expansion of $2,125,000 and going‑concern language in the 10‑K highlight capital needs alongside the emerging defense opportunity.
Key Terms
mmwave technical
swap technical
identification friend or foe technical
iff technical
beamforming technical
AI-generated analysis. Not financial advice.
mmWave Modules Optimized for Size, Weight and Power (SWaP) Requirements Enabling Battlefield Drone Applications
SAN JOSE, CA / ACCESS Newswire / April 14, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company") today announced the delivery of an initial limited production shipment of its proprietary 60GHz modules to Israeli defense contractor InTACT, marking an important production readiness milestone for the Company's technology.
Optimized for military Identification Friend or Foe ("IFF") applications, including infantry and drone deployments, the integrated solution combines Peraso's advanced hardware with specialized software implementing InTACT's IFF protocol. The system also incorporates power reduction algorithms critical for battery-operated platforms.
InTACT is engaged with potential customers for its drone IFF systems.
"There is an immediate demand for an IFF system like this and Peraso's technical team has done an outstanding job of adapting our technology for military applications," said Ronald Glibbery, CEO of Peraso. "We've significantly reduced the size, weight, and power (SWaP) of these new products to enable battery-powered operation for both drone and warfighter IFF use cases. I'm proud of our team for bringing Peraso's technology to production readiness in such a short timeframe."
SWaP are critical considerations for any IFF system. Peraso and InTACT engineers worked collaboratively to define system requirements and optimize both the module hardware and associated software, resulting in a solution purpose-built for military applications. Additionally, the Peraso module incorporates beamforming antenna technology, offering a lower probability of detection in battlefield environments compared to traditional radio frequency approaches.
"We're proud of the relationship we've developed with Peraso since 2024," stated Meir Rappart, CEO of InTACT. "Our system knowledge, coupled with Peraso's 60GHz semiconductor and related software expertise, have yielded what we believe to be a significant advancement in IFF technology."
InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:
Highly directional beamforming communications
Low probability of detection and interception
Low-power consumption for battery-operated platforms
Compact integration for drones and soldier-borne systems
Peraso and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone IFF applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.
About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and InTACT, the expected benefits of Peraso's collaboration with InTACT and anticipated use of mmWave technology in drone and other military applications, that are not otherwise historical facts, are forward-looking statements.
Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in drone and defense applications, the successful implementation and performance of IFF protocols and associated software, the anticipated tactical and operational advantages of beamforming antenna technology relative to traditional radio frequency solutions, InTACT's ability to convert potential customer engagements into commercial sales of its drone IFF systems, Peraso's ability to receive additional orders for its 60GHz modules for drone IFF systems and to produce additional units beyond the initial limited shipment, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
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Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com
Company Contact
Mike Hamilton
VP, Business Development
SOURCE: Peraso Inc.
View the original press release on ACCESS Newswire