Peraso Announces EtherWave, Solution Provides Cross Platform Support, Enabling The Modules To Be Used With Host Devices Running Android, Windows And Linux; Shares Spike Higher
Portfolio Pulse from Happy Mohamed
Peraso Inc. (NASDAQ:PRSO) announced the EtherWave software package for its 60 GHz IEEE 802.11ad module products, offering cross-platform support for Android, Windows, and Linux. EtherWave enables efficient Ethernet data transport over USB without specific drivers, targeting AR/VR and tactical communications applications. Currently in pre-release testing, EtherWave is expected to be generally available for Android by Q2 2024. Positive feedback from beta-customers highlights nearly 2Gbps throughput and enhanced security features.
February 20, 2024 | 1:15 pm
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Peraso Inc. announces EtherWave, enhancing its 60 GHz modules with cross-platform support and efficient data transport, aiming for a Q2 2024 release for Android. Positive beta feedback suggests strong market potential.
The announcement of EtherWave by Peraso Inc. is significant for investors as it marks the company's advancement in mmWave technology and its application in high-speed, secure wireless communication. The positive feedback from beta-customers and the anticipation of a Q2 2024 release for Android suggest a strong market potential for Peraso's technology. This development is likely to be viewed positively by the market, potentially leading to an increase in investor confidence and a positive impact on PRSO's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100