Peraso Announces First Commercial Order For Its Perspectus mmWave Antenna Modules That Support The DUNE Platform In Dense Urban Environments
Portfolio Pulse from Benzinga Newsdesk
Peraso Inc. (NASDAQ:PRSO) has received its first commercial order for the Perspectus mmWave antenna modules, designed to support the DUNE platform in dense urban environments. The order validates Peraso's concept and its ability to deliver affordable gigabit wireless to underserved markets. The PRM2144X module, with its 128 element phased array antenna, is tailored for dense urban areas and also benefits suburban and rural deployments. Peraso's technology aims to address broadband infrastructure challenges and expand internet access in congested networks using its license-free 60 GHz network solutions.

January 24, 2024 | 1:13 pm
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Peraso Inc. has announced its first commercial order for the Perspectus mmWave antenna modules, indicating market acceptance and potential revenue growth from its DUNE platform-supporting technology.
The announcement of a first commercial order is a positive signal for Peraso Inc., as it demonstrates market validation of its product and the potential for future revenue growth. The specific mention of the product's suitability for dense urban, suburban, and rural areas suggests a broad market appeal. The positive impact on the stock price is likely due to increased investor confidence in the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100