Peraso Secures Significant Purchase Order for mmWave Devices from Leading Wireless Networking Provider
San Jose, CA – March 17, 2025
Peraso Inc. (NASDAQ: PRSO), a trailblazer in mmWave wireless technology solutions, recently announced the receipt of a substantial purchase order worth $3.6 million for its mmWave devices from a prominent provider of wireless networking systems. This order is a testament to Peraso’s market leadership in mmWave technology and its growing role in the wireless networking industry.
Impact on Peraso
This purchase order is expected to bring substantial growth to Peraso. The Company anticipates commencing shipments in support of the order during the second quarter of 2025, with the remainder anticipated to be fulfilled throughout the balance of the year. The revenue generated from this order will contribute significantly to Peraso’s financial growth.
Impact on the World
This purchase order is a clear indication of the increasing demand for mmWave technology in wireless networking systems. Fixed wireless access (FWA) is becoming an increasingly popular alternative to traditional wired broadband connections, especially in rural and underserved areas. With its high-speed and low-latency capabilities, mmWave technology is well-positioned to meet the growing demand for reliable and fast wireless connectivity.
Moreover, this purchase order is a significant win for Peraso, as it positions the Company to become a key supplier of mmWave devices to a leading player in the wireless networking industry. It is expected that this relationship will lead to further business opportunities for Peraso in the future.
Conclusion
Peraso’s receipt of a $3.6 million purchase order for its mmWave devices from a major wireless networking provider is a strong indication of the growing demand for mmWave technology in the wireless networking industry. This purchase order will bring significant growth to Peraso and further solidify its position as a market leader in mmWave technology solutions. Additionally, it underscores the increasing importance of mmWave technology in meeting the growing demand for reliable and fast wireless connectivity, particularly in underserved areas.
- Peraso receives $3.6 million purchase order for mmWave devices
- Expected to commence shipments in Q2 2025, with remainder anticipated to be fulfilled throughout 2025
- Growing demand for mmWave technology in wireless networking industry
- Peraso positions itself as a key supplier to a leading wireless networking provider
The adoption of mmWave technology in wireless networking systems is set to revolutionize the way we connect to the internet, particularly in areas where wired broadband connections are not readily available. Peraso’s leadership in this technology places it at the forefront of this exciting and transformative trend.
