PRSO

Peraso Inc. designs and develops millimeter wave (mmWave) wireless technology solutions for high-speed data transmission applications. Headquartered in San Jose, California, the company operates through two primary business segments: mmWave Solutions, which focuses on semiconductor devices and intellectual property licensing, and Network Infrastructure, which provides wireless backhaul and fixed wireless access equipment. Peraso's chipsets and modules target the 60 GHz, 5G millimeter wave, and WiGig markets, serving applications in telecommunications infrastructure, mobile devices, and industrial connectivity. The company's product portfolio includes silicon-based semiconductor solutions that enable multi-gigabit wireless communications for both indoor and outdoor deployments. In 2023, Peraso completed its acquisition of Terranet AB's millimeter wave radar business, expanding its capabilities in automotive and industrial sensing applications. The company maintains strategic partnerships with telecommunications equipment manufacturers and infrastructure providers globally. As a fabless semiconductor company, Peraso focuses on research and development while outsourcing manufacturing to third-party foundries. The company competes in the emerging mmWave technology sector, which addresses growing bandwidth demands for 5G networks, fiber replacement solutions, and wireless connectivity in dense urban environments. Peraso trades on the NASDAQ under the ticker symbol PRSO and targets markets requiring high-bandwidth, low-latency wireless solutions.