Peraso Enters Into Contract To Deliver Mission-Critical Wireless 60GHz Communications Technology for Global Military Operations
Peraso (NASDAQ:PRSO) has secured a strategic contract to provide 60GHz mmWave communications technology for military operations. The company is partnering with a specialized defense contractor to develop solutions enhancing tactical communications and safety for military personnel and non-combatants in high-risk environments.
The technology's key features include low probability of detection on the battlefield and strong immunity to jamming. Initial production shipments are expected to begin in Q2 2025, targeting a total addressable market of at least 3.44M active NATO military personnel.
The solution leverages Peraso's advanced mmWave capabilities, offering ultra-low latency and low probability of intercept, positioning the company's platform for increased adoption in security and defense applications.
Peraso (NASDAQ:PRSO) ha ottenuto un contratto strategico per fornire tecnologia di comunicazione a 60GHz mmWave per operazioni militari. L'azienda collabora con un appaltatore specializzato nel settore della difesa per sviluppare soluzioni che migliorano le comunicazioni tattiche e la sicurezza del personale militare e dei civili in ambienti ad alto rischio.
Le caratteristiche principali della tecnologia includono una bassa probabilità di rilevamento sul campo di battaglia e una forte immunità alle interferenze. Le prime spedizioni di produzione sono previste per il secondo trimestre del 2025, con un mercato indirizzabile totale stimato di almeno 3,44 milioni di militari attivi della NATO.
La soluzione sfrutta le avanzate capacità mmWave di Peraso, offrendo una latenza ultra-bassa e una bassa probabilità di intercettazione, posizionando la piattaforma dell'azienda per una maggiore adozione nelle applicazioni di sicurezza e difesa.
Peraso (NASDAQ:PRSO) ha asegurado un contrato estratégico para proporcionar tecnología de comunicaciones mmWave de 60GHz para operaciones militares. La compañía se asocia con un contratista de defensa especializado para desarrollar soluciones que mejoren las comunicaciones tácticas y la seguridad del personal militar y civiles en entornos de alto riesgo.
Las características clave de la tecnología incluyen una baja probabilidad de detección en el campo de batalla y una fuerte inmunidad a las interferencias. Se espera que los primeros envíos de producción comiencen en el segundo trimestre de 2025, apuntando a un mercado total direccionable de al menos 3.44 millones de militares activos de la OTAN.
La solución aprovecha las avanzadas capacidades mmWave de Peraso, ofreciendo una latencia ultra baja y una baja probabilidad de interceptación, posicionando la plataforma de la compañía para una mayor adopción en aplicaciones de seguridad y defensa.
Peraso (NASDAQ:PRSO)는 군사 작전을 위한 60GHz mmWave 통신 기술 제공을 위한 전략적 계약을 체결했습니다. 이 회사는 고위험 환경에서 군인과 비전투원의 전술 통신 및 안전을 강화하는 솔루션을 개발하기 위해 전문 방산업체와 협력하고 있습니다.
이 기술의 주요 특징은 전장에서 탐지 확률이 낮고 전파 방해에 강한 면역력을 갖추고 있다는 점입니다. 초기 생산 출하는 2025년 2분기에 시작될 예정이며, 최소 344만 명의 NATO 현역 군인을 대상으로 하는 총 시장 규모를 목표로 하고 있습니다.
이 솔루션은 Peraso의 첨단 mmWave 기술을 활용하여 초저지연과 낮은 가로채기 확률을 제공하며, 보안 및 방위 분야에서 회사 플랫폼의 채택 확대에 기여할 것으로 기대됩니다.
Peraso (NASDAQ:PRSO) a obtenu un contrat stratégique pour fournir une technologie de communication mmWave à 60 GHz pour les opérations militaires. L'entreprise collabore avec un sous-traitant spécialisé dans la défense afin de développer des solutions améliorant les communications tactiques et la sécurité du personnel militaire ainsi que des civils dans des environnements à haut risque.
Les principales caractéristiques de cette technologie incluent une faible probabilité de détection sur le champ de bataille et une forte immunité au brouillage. Les premières livraisons de production sont prévues pour le deuxième trimestre 2025, visant un marché total adressable d'au moins 3,44 millions de militaires actifs de l'OTAN.
La solution exploite les capacités avancées mmWave de Peraso, offrant une latence ultra-faible et une faible probabilité d'interception, positionnant la plateforme de l'entreprise pour une adoption accrue dans les applications de sécurité et de défense.
Peraso (NASDAQ:PRSO) hat einen strategischen Vertrag zur Bereitstellung von 60GHz mmWave-Kommunikationstechnologie für Militäroperationen gesichert. Das Unternehmen arbeitet mit einem spezialisierten Verteidigungsauftragnehmer zusammen, um Lösungen zu entwickeln, die taktische Kommunikation und Sicherheit für Militärpersonal und Nichtkombattanten in Hochrisikoumgebungen verbessern.
Die wichtigsten Merkmale der Technologie sind eine geringe Erkennungswahrscheinlichkeit auf dem Schlachtfeld und eine starke Immunität gegen Störsignale. Die ersten Produktionslieferungen sollen im zweiten Quartal 2025 beginnen, mit einem adressierbaren Gesamtmarkt von mindestens 3,44 Millionen aktiven NATO-Soldaten.
Die Lösung nutzt Perasos fortschrittliche mmWave-Fähigkeiten und bietet ultraniedrige Latenz sowie eine geringe Abfangwahrscheinlichkeit, wodurch die Plattform des Unternehmens für eine verstärkte Nutzung in Sicherheits- und Verteidigungsanwendungen positioniert wird.
- Secured strategic military contract with defense contractor
- Large addressable market of 3.44M NATO personnel
- Production shipments starting Q2 2025
- Technology offers unique military advantages (stealth, anti-jamming)
- Revenue impact and contract value not disclosed
- Dependent on single specialized defense contractor
Insights
Peraso's new defense contract represents a strategic expansion into the military communications sector with significant potential implications for this micro-cap company.
The application of 60GHz mmWave technology for battlefield communications addresses critical military requirements: low probability of detection and strong immunity to jamming. These capabilities are increasingly essential in modern warfare scenarios where communications security directly impacts operational success and personnel safety.
What makes this particularly noteworthy is the timing - with production shipments scheduled to commence in Q2 2025 (next quarter), indicating advanced development status and suggesting confidence in near-term execution. The company has identified NATO's 3.44 million active military personnel as its addressable market, providing a substantial potential customer base.
For context, this represents Peraso's entry into a high-value, specialized market segment that typically commands premium pricing and longer-term contracts compared to commercial applications. Defense contracts often start with initial deployments before expanding to larger-scale implementations, creating potential recurring revenue streams.
While financial terms remain undisclosed, even modest penetration of the defense sector could prove transformative for a company of Peraso's size. The strategic value extends beyond immediate revenue - establishing credentials in the defense sector opens doors to additional military applications and contracts, potentially creating a new growth vector for the company's mmWave technology portfolio.
This defense contract announcement represents a potentially significant catalyst for Peraso given its micro-cap status ($2.36 million market cap). With the stock trading at just $0.65, even modest revenue contributions could substantially impact the company's financial trajectory.
The announcement lacks specific financial details such as contract value, duration, or expected revenue contribution, making precise impact assessment challenging. However, several factors suggest material potential:
First, the Q2 2025 production timeline indicates near-term revenue generation rather than a speculative long-term opportunity. Defense contracts typically offer attractive margins, stable revenue streams, and potential for follow-on orders.
Second, Peraso explicitly cites "significant commercial potential" while identifying NATO's 3.44 million personnel as its addressable market. Even capturing a small fraction of this market could be meaningful relative to Peraso's current scale.
Third, this represents market diversification for Peraso, establishing a foothold in the defense sector alongside its existing commercial applications. Defense budgets tend to be more resilient during economic downturns compared to commercial spending.
Investors should note that military contracts often start with initial deployments before scaling, suggesting this announcement may represent the beginning of a longer-term opportunity rather than a one-time revenue event. The specialized nature of mmWave communications technology could also provide competitive differentiation in the defense communications market.
Stealthy 60GHz mmWave Technology Enhances Tactical Communications
SAN JOSE, CA / ACCESS Newswire / April 16, 2025 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the execution of a new strategic contract aimed at delivering mission-critical applications to global military and defense forces. Under this collaboration with a leading specialized defense contractor with expertise in mission-critical communications, Peraso will deliver innovative solutions designed to enhance tactical communications and safety. Together, the two companies have created a product that will provide heightened communications to safeguard both military personnel and non-combatants, such as medics, peacekeepers, and journalists operating in high-risk environments.
"The stealthy nature of 60GHz communications leads to very low probability of detection on the battlefield, as well as a strong immunity to jamming," said Ron Glibbery, CEO of Peraso. "These features of 60GHz communications have become a ‘must have' in the military environment, and Peraso's expertise in mmWave applications were the essential reason we were able secure this contract. We are proud to contribute innovations designed to support those on the front lines and address critical battlefield challenges."
The Company believes this collaboration and contract represent significant commercial potential for Peraso, with a total addressable market of at least the NATO alliance of 3.44M active military personnel. The Company expects to commence initial production shipments of the product in Q2, 2025.
With its advanced mmWave capabilities, ultra-low latency and low probability of intercept, Peraso's product platform continues to gain traction in security and defense applications, enabling next-generation safety and intelligence tactical solutions.
For additional information, 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 "expects," estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "intends," "believes," "could," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address customer relationships, as well as availability, operating performance, cost benefits, and advantages of the products of Peraso and its customers, market acceptance of Peraso's products, expected total addressable market potential for Peraso's products and anticipated acceptance and use of mmWave technology in military applications, that are not 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: timing, receipt and fulfillment of customer orders associated with Peraso's mmWave products and solutions; anticipated use of mmWave by customers and intended users of Peraso's products; the availability and performance of Peraso's products and solutions; the successful integration of Peraso's products and technology with customer and third-party semiconductor, antenna and system solutions; reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and antenna 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' customers and operations; and other risks included in its 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.
Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.
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Company Contact
Mark Lunsford
CRO
mlunsford@perasoinc.com
Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com
SOURCE: Peraso Inc.
View the original press release on ACCESS Newswire
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