Peraso Announces Production Order Exceeding $2.0 Million for 60 GHz Wireless Systems
Peraso Inc. has announced a production order valued in excess of $2.0 million from an unnamed network equipment manufacturer for fixed wireless access systems using its 60 GHz technology.
Peraso Inc. (NASDAQ:PRSO) said it has received a production order valued in excess of $2.0 million from a network equipment manufacturer for fixed wireless access systems based on the company’s 60 GHz technology. Peraso said shipments are scheduled to start in the fourth quarter of 2026 and continue through July 2027.
The customer was not identified in the announcement. Peraso described the order as its largest production order for 60 GHz solutions in the last six quarters.
The company said the planned shipment schedule is subject to factors that could affect fulfilment. These include the timing and receipt of customer orders, supply chain constraints, and the possibility that the customer may cancel, reduce or reschedule the order at any time without penalty.
Peraso’s systems are intended for fixed wireless access deployments that can provide multi-gigabit throughput, low latency and reliable connectivity in urban, suburban and campus settings, according to the company.
Peraso said service providers, municipalities, enterprises and network operators are considering wireless alternatives to fibre deployment for broadband connectivity. The company also identified last-mile broadband, enterprise connectivity, smart city projects, private networks and carrier-grade backhaul as potential uses for 60 GHz technology.
Peraso further said the technology can support broadband expansion to underserved locations and data requirements linked to cloud applications, AI workloads, video streaming and enterprise networking.
Ron Glibbery, Peraso’s chief executive, described the order as a significant milestone for the company. He said Peraso believes the order supports the wider adoption of 60 GHz fixed wireless access technology.
Glibbery also said the company believes 60 GHz wireless systems can offer fibre-like performance while requiring lower deployment costs and a faster time to market. These comments represent Peraso’s views on the technology and its market prospects.
Peraso said it believes fixed wireless access activity has accelerated as operators seek ways to address bandwidth needs without the cost and complexity associated with traditional wired infrastructure. The company also said it believes 60 GHz technology is being selected for a broader range of connectivity applications.
Peraso provides 60 GHz wireless technology through chipsets, modules, software and intellectual property. Its stated application areas include fixed wireless access, drone systems, defence and tactical communications, immersive video and factory automation.
The company cautioned that the timing and fulfilment of the order may change. Other risks it identified include dependence on a limited number of customers, the timing and success of deployments by customers and their end customers, supply chain constraints, and its ability to obtain additional financing on acceptable terms.
Peraso also cited competition from wired and wireless alternatives, the integration of its products with customer and third-party semiconductor, antenna and system solutions, product availability, reliance on manufacturing partners, the cost and availability of integrated circuits and modules, intellectual property protection, and conditions in the markets served by its customers. Further risks are contained in the company’s Securities and Exchange Commission filings.
Peraso Inc. announced that it had received a production order valued in excess of $2.0 million from a leading network equipment manufacturer. The order is for fixed wireless access systems using Peraso's 60 GHz technology.
Peraso Inc. said shipments under the order are scheduled to begin in the fourth quarter of 2026 and continue through July 2027. The release describes this timing as an expected schedule, and notes that the order could be cancelled, reduced or rescheduled by the customer.
Peraso Inc. said the production order is valued in excess of $2.0 million. The company described it as its largest production order for 60 GHz solutions in the last six quarters.
Peraso Inc. said the order came from a leading network equipment manufacturer. The customer was not named in the announcement.
The deployment will use Peraso Inc.'s 60 GHz technology for fixed wireless access systems. Peraso said its 60 GHz solutions are designed to provide multi-gigabit throughput, low latency and highly reliable connectivity in dense urban, suburban and campus environments.
Peraso Inc. offers 60 GHz wireless technology through chipsets, modules, software and intellectual property. The company said its applications include fixed wireless access, drone, defence and tactical communications, immersive video and factory automation.
Peraso Inc. said its 60 GHz technology can support last-mile broadband delivery, enterprise connectivity, smart city deployments, private networks and carrier-grade backhaul applications. The company also said it can help extend broadband coverage, connect underserved locations and support data consumption from cloud applications, AI workloads, video streaming and enterprise networking.
Peraso Inc. believes service providers, municipalities, enterprises and network operators are seeking alternatives to fibre deployment for multi-gigabit broadband connectivity. The company said operators are also looking for scalable ways to address bandwidth requirements while avoiding the cost and complexity of traditional wired infrastructure.
CEO Ron Glibbery described the order as a significant milestone and said Peraso believes it further validates the adoption of 60 GHz fixed wireless access technology. He also said the company believes wireless connectivity can provide fibre-like performance with lower deployment costs and faster time to market.
Peraso Inc. believes industry momentum behind fixed wireless access has accelerated and that 60 GHz technology is increasingly being selected for several connectivity applications. Glibbery said the company believes the order reinforces Peraso's position as a leading supplier, while the release states that market acceptance, demand and future use of the technology are subject to risks and uncertainties.
Peraso Inc. identified risks including the timing, receipt and fulfilment of customer orders; the possibility that a customer may cancel, reduce or reschedule an order at any time without penalty; dependence on a limited number of customers; deployment timing; supply chain constraints; and the company's ability to obtain additional financing on acceptable terms. It also cited competition from alternative wireless and wired technologies, product integration, product availability, reliance on manufacturing partners, component costs, intellectual property protection, market conditions and other risks discussed in its Securities and Exchange Commission filings.
Peraso Inc.'s shares trade on NASDAQ under the ticker symbol PRSO.