Peraso to Showcase 60 GHz mmWave Technology for Advanced Drone Communications at 11th Annual UAV Technology Conference

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-to-showcase-60-ghz-mmwave-technology-for-advanced-drone-co-1219621

Company to demonstrate advanced wireless connectivity for next-generation UAS and tactical communications applications

SAN JOSE, CA / ACCESS Newswire / September 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced its participation at the 11th Annual UAV Technology Conference, taking place September 21-22 in London, UK.

Hosted by SAE Media Group, the UAV Technology Conference brings together defense leaders, military organizations, government representatives, and technology providers to explore the latest advancements shaping unmanned aerial systems (UAS). As modern battlefields become increasingly saturated with unmanned systems, the demand for resilient, high-performance wireless communications continues to grow. Traditional sub-6 GHz technologies face mounting challenges, including spectrum congestion, network interference, increased risk of detection, and electronic jamming. Peraso's mmWave technology helps address these challenges by leveraging abundant spectrum and highly directional beamforming capabilities to enable fast, reliable, low-latency connectivity with reduced interference for mission-critical applications.

Peraso CEO Ron Glibbery will deliver a presentation titled "Directional by Design: How Peraso 60GHz mmWave Enables Secure, High-Capacity Drone Communications" on Tuesday, September 22 at 1:30 p.m. GMT. The presentation will address the growing communications challenge facing unmanned systems as the pace and complexity of operations increasingly outstrip the ability of conventional wireless technologies to keep up. Glibbery will discuss how mmWave silicon, systems, and software can enable secure, high-capacity drone communications through directional links, advanced beamforming and beam management, line-of-sight connectivity, identification friend or foe (IFF) capabilities, and low-SWaP architectures. Together, these capabilities can help support the resilient, mission-critical communications required for defense and security operations in contested and congested environments.

During the show, Peraso will showcase its advanced 60 GHz beamforming wireless connectivity and RF solutions for defense and tactical communications applications. The Company, with its strategic partner iNTACT, will present a display of next-generation drone identification and communications capabilities designed to operate with low detectability and enhanced resilience in dense electronic warfare environments.

Peraso has been a pioneer in high-performance mmWave phased array solutions for more than a decade. By leveraging abundant spectrum, advanced beamforming, and high-speed wireless connectivity, Peraso's technology is designed to enable mission-critical applications requiring low latency, high throughput, and flexible deployment across markets including defense, fixed wireless access, immersive video, and industrial automation.

UAV Technology Conference attendees are invited to visit Peraso's booth #7 to meet members of the executive team and experience the Company's technology firsthand. Peraso will also attend the Counter UAS Homeland Security Europe conference, September 23-24, and DroneX, September 29-30, both in London.

Those who wish to request a meeting with the Company should email tweiland@sheltongroup.com.

For more information, please visit http://www.perasoinc.com.

Peraso to Showcase 60 GHz mmWave Technology for Advanced Drone Communications at 11th Annual UAV Technology ConferenceSeptember 11, 2026 8:00 AM
ACCESS NewswireCompany to demonstrate advanced wireless connectivity for next-generation UAS and tactical communications applicationsSAN JOSE, CA / ACCESS Newswire / September 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced its participation at the 11th Annual UAV Technology Conference, taking place September 21-22 in London, UK.Hosted by SAE Media Group, the UAV Technology Conference brings together defense leaders, military organizations, government representatives, and technology providers to explore the latest advancements shaping unmanned aerial systems (UAS). As modern battlefields become increasingly saturated with unmanned systems, the demand for resilient, high-performance wireless communications continues to grow. Traditional sub-6 GHz technologies face mounting challenges, including spectrum congestion, network interference, increased risk of detection, and electronic jamming. Peraso's mmWave technology helps address these challenges by leveraging abundant spectrum and highly directional beamforming capabilities to enable fast, reliable, low-latency connectivity with reduced interference for mission-critical applications.Peraso CEO Ron Glibbery will deliver a presentation titled "Directional by Design: How Peraso 60GHz mmWave Enables Secure, High-Capacity Drone Communications" on Tuesday, September 22 at 1:30 p.m. GMT. The presentation will address the growing communications challenge facing unmanned systems as the pace and complexity of operations increasingly outstrip the ability of conventional wireless technologies to keep up. Glibbery will discuss how mmWave silicon, systems, and software can enable secure, high-capacity drone communications through directional links, advanced beamforming and beam management, line-of-sight connectivity, identification friend or foe (IFF) capabilities, and low-SWaP architectures. Together, these capabilities can help support the resilient, mission-critical communications required for defense and security operations in contested and congested environments.During the show, Peraso will showcase its advanced 60 GHz beamforming wireless connectivity and RF solutions for defense and tactical communications applications. The Company, with its strategic partner iNTACT, will present a display of next-generation drone identification and communications capabilities designed to operate with low detectability and enhanced resilience in dense electronic warfare environments.Peraso has been a pioneer in high-performance mmWave phased array solutions for more than a decade. By leveraging abundant spectrum, advanced beamforming, and high-speed wireless connectivity, Peraso's technology is designed to enable mission-critical applications requiring low latency, high throughput, and flexible deployment across markets including defense, fixed wireless access, immersive video, and industrial automation.UAV Technology Conference attendees are invited to visit Peraso's booth #7 to meet members of the executive team and experience the Company's technology firsthand. Peraso will also attend the Counter UAS Homeland Security Europe conference, September 23-24, and DroneX, September 29-30, both in London.Those who wish to request a meeting with the Company should email tweiland@sheltongroup.com.For more information, please visit http://www.perasoinc.com.About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might," "will," "expects," "intends," "believes," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and InTACT, the expected benefits of Peraso's collaboration with InTACT and anticipated use of mmWave technology in drone and other military applications, that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in unmanned aerial systems and other defense applications, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.###Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.comCompany Contact
Ron Glibbery
CEO, Co-FounderSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Showcase 60 GHz mmWave Technology for Advanced Drone Communications at 11th Annual UAV Technology Conference

And back dump she goes...

Peraso Inc. Targets Growing Defence Opportunity with Secure 60 GHz Millimeter Wave TechnologySeptember 3, 2026 6:45 AM
IH Market News Modern defence systems increasingly depend on the ability to move large volumes of data quickly, securely and reliably. As military platforms become more connected and autonomous, the demand for resilient communications links is creating new opportunities for technologies designed to operate in challenging and contested environments. For Peraso Inc. (NASDAQ:PRSO), this represents an important potential growth opportunity as the company applies its expertise in 60 GHz millimeter wave technology to defence, UAV and autonomous systems. Speaking in a recent Watch List interview, Ron Glibbery, CEO of Peraso Inc., highlighted the company’s directional antenna technology and its potential to provide highly resilient wireless communications in environments where conventional radio systems can be vulnerable to interference and jamming. A Technology Designed for Resilient Communications At the heart of Peraso’s proposition is its millimeter wave technology and the use of highly directional antennas. According to Glibbery, the directional nature of the company’s technology makes communications significantly more difficult to jam. When combined with established anti-jamming approaches such as frequency hopping and spread-spectrum techniques, Peraso believes its technology can provide a highly resilient communications solution across a range of military platforms. This could be particularly relevant as defence forces increasingly deploy UAVs, autonomous vehicles and other connected systems that require secure, low-latency data links. Importantly, the potential application is not limited to airborne platforms. As Glibbery explained, Peraso’s technology can potentially address secure communications across UAVs, aircraft, ground vehicles and naval platforms, giving the company exposure to a broad section of the military communications market. PRM 2145 Opens Further Opportunities Peraso’s PRM 2145 communications module is central to the company’s efforts to expand its technology into these emerging applications. The module is designed around the company’s 60 GHz millimeter wave capabilities, providing a potential building block for high-speed wireless communications across next-generation platforms. The opportunity is particularly compelling in applications where traditional communications technologies can face congestion, interference or deliberate jamming. For UAV operators, for example, maintaining a reliable communications connection can be critical. Drones are increasingly being used for surveillance, intelligence gathering and other battlefield applications, while autonomous systems are demanding ever-greater amounts of real-time data. A communications technology capable of delivering high-speed connectivity while making it considerably harder for an adversary to disrupt the link could therefore have significant strategic value. Ukraine and the Middle East Highlight Potential Near-Term Markets Peraso is already looking at opportunities to deploy its technology into real-world defence applications. Glibbery highlighted Ukraine as one area where the company sees a potentially significant near-term opportunity, with Peraso engaging with drone companies exploring the use of its technology to provide resilient wireless connectivity. The company is also looking at opportunities in the Middle East. One application discussed by Glibbery involves the use of high-altitude drones and Peraso’s technology to support so-called “friendly fire” prevention, helping identify targets and distinguish them from friendly forces. These applications demonstrate the breadth of potential use cases for Peraso’s technology and highlight how secure communications are becoming increasingly important as military operations become more dependent on connected and autonomous platforms. From Fixed Wireless Access to Defence Peraso has historically focused on the fixed wireless access market, building expertise in high-frequency millimeter wave communications. The company’s move towards defence therefore represents an opportunity to leverage existing technology and intellectual property into a potentially higher-value and strategically important market. Glibbery believes the military sector could become a particularly strong opportunity for Peraso over the next 18 months, with UAVs representing an attractive initial market because of the significant volumes involved. The potential is not restricted to drones, however. Peraso’s technology could potentially support communications between air, land and maritime platforms, creating multiple avenues for future adoption. A Potentially Significant Growth Market The defence communications landscape is changing rapidly. The increasing use of autonomous systems, drones and networked military platforms is driving demand for communications infrastructure capable of operating reliably in contested environments. At the same time, the importance of secure, low-latency data transmission continues to increase as platforms become more sophisticated. For Peraso, its existing millimeter wave expertise provides a foundation from which it can pursue these emerging opportunities. The company’s directional antenna technology, combined with its PRM 2145 communications module and anti-jamming capabilities, gives it a differentiated proposition as it targets defence and autonomous systems. With opportunities being pursued in markets including Ukraine and the Middle East, the next 12 to 18 months could prove an important period for Peraso as it seeks to translate its technology into additional defence deployments. For investors, the attraction is the potential for Peraso to expand beyond its traditional fixed wireless access market and establish a presence in the rapidly developing defence, UAV and autonomous communications sectors. If the company can convert its current opportunities into commercial deployments, the defence market could become an increasingly important component of Peraso’s growth story. The post Peraso Inc. Targets Growing Defence Opportunity with Secure 60 GHz Millimeter Wave Technology appeared first on US Editors. Original: Peraso Inc. Targets Growing Defence Opportunity with Secure 60 GHz Millimeter Wave Technology

~$1 NASDAQ Stocks FNGR, EPOW, PRSO, CYAB, to Watch Now

https://thestreetreports.com/1-nasdaq-stocks-fngr-epow-prso-cyab-to-watch-now/

Investors searching for emerging-growth opportunities near the $0.50 level are watching a group of NASDAQ-listed companies with catalysts spanning AI data centers, high-performance computing, military drones, Edge AI, cybersecurity, battery materials and medical diagnostics. FingerMotion, Inc. (NASDAQ: FNGR), E-Power Inc. (NASDAQ: EPOW), Peraso Inc. (NASDAQ: PRSO), Cyabra, Inc. (NASDAQ: CYAB), and Bluejay Diagnostics, Inc. (NASDAQ: BJDX) each have developments that could keep them in focus among microcap and small-cap investors.
FingerMotion (NASDAQ: FNGR): AI and HPC Infrastructure Strategy

FingerMotion, Inc. (NASDAQ: FNGR) has outlined a strategic plan developed by new management with BlueFlare Energy Solutions Inc. to pursue behind-the-meter Artificial Intelligence (AI) and High-Performance Computing (HPC) infrastructure in North America. The strategy centers on modular, on-site natural-gas generation designed to reduce dependence on lengthy utility interconnection queues while matching infrastructure deployment with contracted enterprise demand. The initiative follows FingerMotion’s August 17 acquisition of a 9.9% equity interest in Lyken AI Computing Inc., further expanding the company’s exposure to the rapidly growing AI infrastructure market.
E-Power (NASDAQ: EPOW): $51.1 Million Contract and AI Data Center Exposure

E-Power Inc. (NASDAQ: EPOW), a provider of AI Data Center (AIDC) microgrid solutions and advanced battery materials, announced that indirectly wholly owned subsidiary Shandong Sunrise Technology Co., Ltd. was awarded and entered into a turnkey equipment and technology-services contract valued at approximately RMB 343.5 million, or US$51.1 million, with Shandong Fusion New Material Co., Ltd. E-Power also operates in graphite anode materials used in lithium-ion batteries, giving the company exposure to both expanding AI data-center power infrastructure and advanced battery-material markets.
Peraso (NASDAQ: PRSO): Military Drones, Defense and Edge AI

Peraso Inc. (NASDAQ: PRSO) is emerging as a potential microcap turnaround opportunity as it expands its proprietary 60GHz mmWave technology into military drones, defense communications, Edge AI, robotics and autonomous systems, supported by its new jam-resistant PRM2145 module. Ladenburg Thalmann recently maintained its Buy rating and increased its 12-month price target to $3.25 from $2.75, while forecasting approximately $17.5 million in 2027 revenue, nearly 200% above its revised 2026 estimate if anticipated growth materializes. With PRSO recently consolidating around the $0.65 range, continued short-selling activity, expanding military/UAV opportunities and the stock’s history of sharp breakouts could keep PRSO on watch for renewed volatility if commercial momentum and buying volume strengthen.
Cyabra (NASDAQ: CYAB): AI National Security and Enterprise Expansion

Cyabra, Inc. (NASDAQ: CYAB) continues expanding adoption of its AI-powered platform designed to detect coordinated online manipulation and protect digital trust. The company announced agreements with two European national-security government agencies to provide real-time detection, analysis and threat intelligence targeting foreign information manipulation, coordinated bot networks and GenAI-amplified narrative threats. Cyabra has also secured an annual contract with a leading interactive-entertainment company to protect its brand and player community from coordinated manipulation and inauthentic activity, demonstrating growing demand for the company’s technology across both government and private-sector markets.
Bluejay Diagnostics (NASDAQ: BJDX): $9.6 Million Cash Position and 750-Patient Study

Bluejay Diagnostics, Inc. (NASDAQ: BJDX) reported approximately $9.6 million in cash and cash equivalents as of June 30, 2026, up from approximately $5.2 million at year-end 2025, supported by approximately $7.6 million in net proceeds from its June private placement. Operationally, Bluejay is advancing toward potential commercialization after signing a U.S. manufacturing contract intended to reduce supply-chain risk, while its SYMON-II pivotal clinical study completed targeted enrollment of 750 patients, providing another important milestone for investors monitoring the company’s diagnostic platform.
Company Summaries

FingerMotion (NASDAQ: FNGR) — Expanding into behind-the-meter AI and HPC infrastructure through a modular power strategy and its investment in Lyken AI Computing.

E-Power (NASDAQ: EPOW) — Building exposure to AI data-center microgrids and advanced battery materials, highlighted by a recently announced approximately $51.1 million contract.

Peraso (NASDAQ: PRSO) — Developing 60GHz mmWave technology for military drones, defense, Edge AI, robotics and autonomous systems, with Ladenburg Thalmann recently raising its price target to $3.25.

Cyabra (NASDAQ: CYAB) — Using proprietary AI-powered threat intelligence to combat coordinated digital manipulation across national-security agencies and major enterprises.

Bluejay Diagnostics (NASDAQ: BJDX) — Advancing toward commercialization with approximately $9.6 million in cash, U.S. manufacturing capabilities and completion of targeted enrollment in its 750-patient SYMON-II pivotal study.

Peraso (NASDAQ: PRSO) Military Drone and AI Edge Expansion Signals Potential Turnaround Opportunity

https://www.marketscreener.com/news/peraso-nasdaq-prso-military-drone-and-ai-edge-expansion-signals-potential-turnaround-opportunity-ce7858d8df88f324

Peraso Inc. (NASDAQ: PRSO) is emerging as a potential micro-cap turnaround story as the 60GHz millimeter-wave (mmWave) semiconductor company expands beyond its legacy fixed wireless access business into military drones, defense communications, Edge AI, robotics and autonomous systems.

The transition comes as Peraso works through softer fixed wireless demand and customer inventory adjustments while targeting markets where secure, high-bandwidth and low-latency wireless communications are becoming increasingly critical. Rather than depending primarily on a recovery in traditional wireless markets, Peraso is positioning its technology for mission-critical applications that could broaden its long-term revenue opportunity.

Military Drones and AI Edge Create a New Growth Path

At the center of Peraso's strategy is its proprietary 60GHz mmWave technology, which uses highly directional narrow beams to deliver high-capacity communications while reducing co-channel interference. The architecture can support numerous simultaneous connections in dense environments-an increasingly important capability for AI-powered robotics, autonomous platforms, drone swarms and Edge AI systems generating large amounts of sensor, camera and operational data.

Defense applications could represent an especially significant opportunity. Peraso's technology is designed to provide low probability of intercept and detection (LPI/LPD), enhanced resistance to electronic jamming and communications synchronization without dependence on traditional GPS. These characteristics are increasingly relevant as modern military operations incorporate drones, autonomous systems and electronic warfare into battlefield networks.

The company's technology is also being positioned for Identification Friend or Foe (IFF) applications, where securely distinguishing friendly assets from potential threats can be mission critical.

PRM2145 Moves Strategy Toward Commercialization

Peraso's recently introduced PRM2145 provides a tangible product around this strategy. The compact 60GHz communications module is purpose-built for UAVs, defense and autonomous systems, with a focus on jam-resistant connectivity for platforms constrained by size, weight and power requirements.

The next critical step is converting technology evaluations and development programs into design wins, production orders and recurring commercial revenue. Successful adoption could give Peraso exposure to higher-value markets while reducing its dependence on the cyclical fixed wireless sector.

The opportunity extends beyond defense. Edge AI systems, industrial robotics, smart factories and autonomous machines increasingly require enormous volumes of data to move between sensors, cameras and computing infrastructure with minimal latency. Peraso's ability to support multiple high-capacity wireless links in close physical proximity could provide another avenue for growth as physical AI and Edge AI infrastructure expand.

Analyst Sees Revenue Rebound Into 2027

The emerging opportunity has attracted analyst attention. Ladenburg Thalmann recently maintained its Buy rating on PRSO and raised its 12-month price target to $3.25 from $2.75, citing the potential contribution from military and AI Edge applications.

Ladenburg forecasts Peraso revenue of approximately $17.5 million in 2027, compared with its revised $6.2 million estimate for 2026, implying potential year-over-year growth approaching 200% if anticipated fixed wireless recovery and initial military and AI Edge revenues materialize.

Alongside Peraso Inc. (NASDAQ: PRSO), investors are also monitoring active trading in BTC Digital Ltd. (NASDAQ: BTCT), CID HoldCo Inc (NASDAQ: DAIC), Innovative Eyewear Inc (NASDAQ: LUCY), and Cypherpunk Technologies (NASDAQ: CYPH), as small-cap and emerging growth stocks continue attracting market attention.

That forecast illustrates the potential operating leverage behind the turnaround thesis. With Peraso starting from a relatively small revenue base, even moderate commercial adoption across its newer markets could materially change the company's growth profile. See Ladenburg Thalmann Complete Report.

Turnaround Opportunity Comes With Execution Risk

Peraso still faces significant challenges. Customer concentration can produce volatile quarterly results, defense programs typically involve lengthy evaluation and procurement cycles, and the company must demonstrate that growing interest in its technology can translate into meaningful production revenue.

But the investment story is changing.

Instead of relying principally on a recovery in fixed wireless, Peraso is building a broader business around military drone communications, electronic warfare resilience, Edge AI, autonomous systems and high-capacity wireless networking.

If the legacy business stabilizes while these emerging markets begin contributing meaningful revenue, Peraso could enter 2027 with a substantially different growth profile. For investors searching for overlooked small-cap semiconductor companies positioned at the intersection of AI, defense technology, military drones and autonomous systems, PRSO may increasingly warrant attention.

Peraso Announces Second Quarter 2026 Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-announces-second-quarter-2026-results-1206239

SAN JOSE, CA / ACCESS Newswire / August 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced financial results for the second quarter ended June 30, 2026.

Management Commentary

"Second quarter revenue increased approximately 36% sequentially and was above our previous expectations, primarily reflecting the fulfillment of a previously delayed order shipment to a new fixed wireless access customer," commented Ron Glibbery, CEO of Peraso. "Our overall business continues to be impacted by irregular order patterns, as fixed wireless access customers navigate inflated memory prices and constrained supply of other key components. We expect these market dynamics to extend into the fourth quarter.

"Despite these ongoing dynamics, we remain optimistic about the growing recognition and demonstrated value proposition of our 60 GHz mmWave technology across our target end markets. In defense and tactical communications, its inherently stealthy, anti-jamming characteristics deliver unique differentiation for applications requiring secure, high-bandwidth connectivity. Today, we are seeing a high level of interest and expanding engagements with drone manufacturers that are actively evaluating our solutions.

"We continue to focus our efforts on the areas of the business that we can control. This includes ongoing steps to improve the future resilience of our supply chain, as well as secure additional distribution partners to expand the market reach of Peraso's 60GHz mmWave solutions. Coupled with these operational initiatives, our highest priority remains on driving commercial traction and securing new design wins and customers in support of future top-line growth."

Second Quarter 2026 Financial Results

Total net revenue for the second quarter of 2026 was $1.3 million, compared with $1.0 million in the prior quarter and $2.2 million in the same quarter a year ago. Product revenue for the second quarter of 2026 was $1.2 million, compared with $0.7 million in the prior quarter and $2.2 million in the same quarter a year ago. The sequential increase in product revenue for the second quarter of 2026 was attributable to higher shipments of mmWave products.

Gross margin for the second quarter of 2026 was 63.7%, compared with 61.5% in the prior quarter and 48.3% in the same quarter a year ago. The year-over-year increase in gross margin was primarily attributable to an increase in non-recurring engineering services revenue and mmWave product mix, combined with an increase in sales of inventory written down in prior periods, as partially offset by a decrease in sales of memory and related products.

Total operating expenses on a GAAP basis for the second quarter of 2026 were $3.1 million, consistent with the prior quarter and compared with $2.9 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the second quarter of 2026, which excluded stock-based compensation, were $2.9 million, consistent with the prior quarter and compared with $2.7 million in the same quarter a year ago.

GAAP net loss for the second quarter of 2026 was $2.2 million, or ($0.16) per share, compared with a net loss of $2.5 million, or ($0.22) per share, in the prior quarter, and a net loss of $1.8 million, or ($0.31) per share, in the second quarter of 2025. Non-GAAP net loss, which excludes stock-based compensation and changes in fair value of warrant liabilities, for the second quarter of 2026 was $2.1 million, or ($0.15) per share, compared with a net loss of $2.3 million, or ($0.20) per share, in the prior quarter and a net loss of $1.7 million, or ($0.28) per share, in the second quarter of 2025.

Adjusted EBITDA for the second quarter of 2026 was negative $2.0 million, compared with negative $2.3 million in the prior quarter and negative $1.6 million in the same quarter last year.

A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.

Earnings Conference Call and Webcast Information

Ron Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call and webcast with slides today, August 11th, at 1:30 p.m. Pacific Time.

Date: Tuesday, August 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Participant Access Code: 513888

Webcast and Slides: Click Here

For those unable to listen to the live Web broadcast, it will be archived on the Company's website, and can be accessed by visiting the Company's investor page at https://investors.perasoinc.com/events-presentations. A replay of the conference call will also be available through August 18, 2026 and can be accessed by calling 1-877-481-4010, and using passcode 54274. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available in the Investor Relations section of the Company's website following the conclusion of the conference call.

Peraso Announces Second Quarter 2026 ResultsAugust 11, 2026 4:05 PM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / August 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced financial results for the second quarter ended June 30, 2026.Management Commentary"Second quarter revenue increased approximately 36% sequentially and was above our previous expectations, primarily reflecting the fulfillment of a previously delayed order shipment to a new fixed wireless access customer," commented Ron Glibbery, CEO of Peraso. "Our overall business continues to be impacted by irregular order patterns, as fixed wireless access customers navigate inflated memory prices and constrained supply of other key components. We expect these market dynamics to extend into the fourth quarter."Despite these ongoing dynamics, we remain optimistic about the growing recognition and demonstrated value proposition of our 60 GHz mmWave technology across our target end markets. In defense and tactical communications, its inherently stealthy, anti-jamming characteristics deliver unique differentiation for applications requiring secure, high-bandwidth connectivity. Today, we are seeing a high level of interest and expanding engagements with drone manufacturers that are actively evaluating our solutions."We continue to focus our efforts on the areas of the business that we can control. This includes ongoing steps to improve the future resilience of our supply chain, as well as secure additional distribution partners to expand the market reach of Peraso's 60GHz mmWave solutions. Coupled with these operational initiatives, our highest priority remains on driving commercial traction and securing new design wins and customers in support of future top-line growth."Second Quarter 2026 Financial ResultsTotal net revenue for the second quarter of 2026 was $1.3 million, compared with $1.0 million in the prior quarter and $2.2 million in the same quarter a year ago. Product revenue for the second quarter of 2026 was $1.2 million, compared with $0.7 million in the prior quarter and $2.2 million in the same quarter a year ago. The sequential increase in product revenue for the second quarter of 2026 was attributable to higher shipments of mmWave products.Gross margin for the second quarter of 2026 was 63.7%, compared with 61.5% in the prior quarter and 48.3% in the same quarter a year ago. The year-over-year increase in gross margin was primarily attributable to an increase in non-recurring engineering services revenue and mmWave product mix, combined with an increase in sales of inventory written down in prior periods, as partially offset by a decrease in sales of memory and related products.Total operating expenses on a GAAP basis for the second quarter of 2026 were $3.1 million, consistent with the prior quarter and compared with $2.9 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the second quarter of 2026, which excluded stock-based compensation, were $2.9 million, consistent with the prior quarter and compared with $2.7 million in the same quarter a year ago.GAAP net loss for the second quarter of 2026 was $2.2 million, or ($0.16) per share, compared with a net loss of $2.5 million, or ($0.22) per share, in the prior quarter, and a net loss of $1.8 million, or ($0.31) per share, in the second quarter of 2025. Non-GAAP net loss, which excludes stock-based compensation and changes in fair value of warrant liabilities, for the second quarter of 2026 was $2.1 million, or ($0.15) per share, compared with a net loss of $2.3 million, or ($0.20) per share, in the prior quarter and a net loss of $1.7 million, or ($0.28) per share, in the second quarter of 2025.Adjusted EBITDA for the second quarter of 2026 was negative $2.0 million, compared with negative $2.3 million in the prior quarter and negative $1.6 million in the same quarter last year.A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.Earnings Conference Call and Webcast InformationRon Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call and webcast with slides today, August 11th, at 1:30 p.m. Pacific Time.Date: Tuesday, August 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Participant Access Code: 513888Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, it will be archived on the Company's website, and can be accessed by visiting the Company's investor page at https://investors.perasoinc.com/events-presentations. A replay of the conference call will also be available through August 18, 2026 and can be accessed by calling 1-877-481-4010, and using passcode 54274. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available in the Investor Relations section of the Company's website following the conclusion of the conference call.Use of Non-GAAP Financial MeasuresTo supplement Peraso's consolidated financial statements presented in accordance with GAAP, Peraso uses non-GAAP financial measures that exclude from the statement of operations the effects of stock-based compensation and the change in fair value of warrant liabilities. Peraso's management believes that the presentation of these non-GAAP financial measures is useful to investors and other interested persons because they are one of the primary indicators that Peraso's management uses for planning and forecasting future performance. The press release also makes reference to and reconciles GAAP net income (loss) and adjusted EBITDA, which the Company defines as GAAP net income (loss) before interest expense, the income tax provision, and depreciation and amortization, as well as stock-based compensation and the change in fair value of warrant liabilities. Management believes that the presentation of non-GAAP financial measures that exclude these items is useful to investors because management does not consider these charges part of the day-to-day business or reflective of the core operational activities of the Company that are within the control of management or that would be used to evaluate management's operating performance.Investors are encouraged to review the reconciliations of these non-GAAP financial measures to the comparable GAAP results, which are provided in tables below the Condensed Consolidated Statements of Operations. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. For additional information regarding these non-GAAP financial measures, and management's explanation of why it considers such measures to be useful, refer to the Current Report on Form 8-K dated August 11, 2026 filed by the Company with the Securities and Exchange Commission.Forward-Looking StatementsThis press release may contain forward-looking statements about the Company, including, without limitation, the Company's expectations regarding growth prospects for the Company's products and the Company's 2026 revenue and gross margin trends. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to the following:the Company's ability to continue as a going concern;the Company's ability to raise additional capital to fund its operations;the Company's ability to regain compliance with the continued listing requirements and standards of the Nasdaq Stock Market;risks related to the process of reviewing and exploring potential strategic alternatives, which may be time-consuming, distracting, and disruptive to the Company's business operations;the timing of customer orders and product shipments, which may be impacted by supply chain disruptions experienced by the Company or its customers;the Company's ability to convert customer engagements, proof-of-concept evaluations, and technology demonstrations into design wins, purchase orders, and production revenue;the timing and outcome of product deliveries, field trials, and customer acceptance of the Company's products;risks related to pandemics, wars and terrorist activities that may have an adverse impact on the Company's business and financial results and result in component shortages and increased lead times that may negatively impact the Company's ability to ship its products;risks related to tariffs, trade restrictions, inflation, and other government actions that may affect the Company's supply chain, component costs, or customer demand;customer concentrations and length of billing and collection cycles, which may be impacted in the event of a global recession or economic downturn;lengthy sales cycle;ability to enhance the Company's existing proprietary technologies and develop new technologies;achieving additional design wins for the Company's products through the acceptance and adoption of its technology by existing and potential customers and their suppliers;difficulties and delays in the production, testing and marketing of the Company's products;reliance on manufacturing partners to assist successfully with the fabrication of and production of the Company's products;impacts of the end-of-life of the Company's memory products;availability of quantities of the Company's products supplied by its manufacturing partners at a competitive cost;level of intellectual property protection provided by the Company's patents, the expenses and other consequences of litigation, including intellectual property infringement litigation, to which the Company may be or may become a party from time to time;vigor and growth of markets served by the Company's customers and its operations; andother risks identified in the Company's public filings it makes with the Securities and Exchange Commission.Peraso does not intend to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.About Peraso Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Company Contact:
Jim Sullivan, CFO
Peraso Inc.
P: 408-418-7500
E: jsullivan@perasoinc.comInvestor Relations Contacts:
Shelton Group
Brett L. Perry | Leanne K. Sievers
P: 214-272-0070
E: sheltonir@sheltongroup.comPERASO INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts; unaudited) Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Net Revenue Product $1,244 $2,218 $1,911 $6,018 Services and other 63 2 359 71 Total net revenue 1,307 2,220 2,270 6,089 Cost of Net Revenue 474 1,147 845 2,336 Gross Profit 833 1,073 1,425 3,753 Operating Expenses Research and development 1,625 1,662 3,210 3,245 Selling, general and administrative 1,444 1,411 2,935 3,022 Software license obligations - (223) - (223)Total operating expenses 3,069 2,850 6,145 6,044 Loss from operations (2,236) (1,777) (4,720) (2,291) Change in fair value of warrant liabilities 14 (29) 5 6 Other income (expense), net 2 (23) (2) (15)Net loss $(2,220) $(1,829) $(4,717) $(2,300) Net loss per share Basic and diluted $(0.16) $(0.31) $(0.37) $(0.39) Shares used in computing net loss per share Basic and diluted 14,058 5,977 12,842 5,862 PERASO INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited) June 30, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $3,322 $2,886 Accounts receivable, net 306 1,219 Inventories 1,708 1,168 Prepaid expenses and other 407 195 Total current assets 5,743 5,468 Property and equipment, net 548 363 Right-of-use lease assets 105 143 Other 390 105 Total assets $6,786 $6,079 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $757 $679 Deferred revenue 74 8 Short-term lease liabilities 96 95 Accrued expenses and other 883 540 Total current liabilities 1,810 1,322 Long-term lease liabilities 32 97 Warrant liabilities 19 24 Total liabilities 1,861 1,443 Stockholders' equity 4,925 4,636 Total liabilities and stockholders' equity $6,786 $6,079 PERASO INC.
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
(In thousands, except per share amounts; unaudited) Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 GAAP net loss $(2,220) $(1,829) $(4,717) $(2,300)Stock-based compensation expense -Research and development 71 81 130 146 -Selling, general and administrative 99 60 187 120 Total stock-based compensation expense 170 141 317 266 Change in fair value of warrant liabilities (14) 29 (5) (6)
Non-GAAP net loss $(2,064) $(1,659) $(4,405) $(2,040) GAAP net loss per share $(0.16) $(0.31) $(0.37) $(0.39)Reconciling items -Stock-based compensation expense 0.01 0.02 0.03 0.04 -Change in fair value of warrant liabilities - 0.01 - - Non-GAAP net loss per share $(0.15) $(0.28) $(0.34) $(0.35) Shares used in computing non-GAAP net loss per share Basic and diluted 14,058 5,977 12,842 5,862 PERASO INC.
Reconciliation of GAAP and Non-GAAP Financial Information
(In thousands; unaudited) Three Months Ended Six Months Ended June 30, June 30, 2026 2025 2026 2025 Reconciliation of GAAP net loss and adjusted EBITDA GAAP net loss $(2,220) $(1,829) $(4,717) $(2,300)Stock-based compensation expense -Research and development 71 81 130 146 -Selling, general and administrative 99 60 187 120 Stock-based compensation expense 170 141 317 266 Change in fair value of warrant liabilities (14) 29 (5) (6)
Non-GAAP net loss (2,064) (1,659) (4,405) (2,040)EBITDA adjustments: -Depreciation and amortization 49 62 99 129 -Interest expense - - - 1 Adjusted EBITDA $(2,015) $(1,597) $(4,306) $(1,910)SOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Announces Second Quarter 2026 Results

Peraso Targets Defense and UAV Markets with New PRM2145 Jam-Resistant Communications Module

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-targets-defense-and-uav-markets-with-new-prm2145-jam-resis-1204867

SAN JOSE, CA / ACCESS Newswire / August 10, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the introduction of the "PRM2145," a new wireless communications module specifically designed to address the requirements of unmanned aerial vehicles (UAV), autonomous systems, and defense communications applications.

The launch of the PRM2145 marks an important expansion of Peraso's product portfolio in the rapidly growing defense and UAV communications markets. Unlike conventional communications solutions operating in congested lower-frequency spectrum bands, the PRM2145 leverages Peraso's proven 60 GHz mmWave technology platform to provide secure, low-latency, gigabit-class communications in a lightweight, compact module for airborne platforms with strict size, weight, and power constraints. To support mission-critical deployments, the PRM2145 is intended to enable robust command-and-control links, high-definition video transmission, intelligence, surveillance, and reconnaissance (ISR) data transport, identification friend or foe (IFF) communications, and drone-to-drone communications, while providing enhanced resistance to interference and electronic jamming.

The surging global adoption of drones across military, homeland security, public safety, and commercial applications is driving demand for secure communications technologies capable of delivering higher bandwidth, lower latency, and greater resilience than conventional radio systems.

"Autonomous systems are becoming an increasingly important component of modern defense, security, and commercial operations, creating significant demand for advanced communications solutions that can operate reliably in challenging radio frequency environments," stated Ronald Glibbery, Chief Executive Officer of Peraso. "The PRM2145 was specifically developed to address this opportunity by utilizing Peraso's industry-leading mmWave expertise to address the unique requirements of UAV communications. We believe the product is well positioned to support a broad range of emerging UAV applications, where reliability, security, low latency, and jam resistance are mission critical."

By utilizing advanced beamforming technology, the module is designed to create highly directional links intended to be difficult to detect, intercept, or disrupt. This architecture is intended to provide significant advantages for defense and security applications, where communications resilience and operational security are paramount.

Key features of the PRM2145 include:

Purpose-built architecture optimized for UAV and drone communications

Gigabit-class wireless throughput

Ultra-low-latency communications for real-time control and video transport

Advanced beamforming technology with highly directional links

Enhanced resistance to jamming, interference, and spectrum congestion

Lightweight and compact construction specifically designed for airborne platforms

Support for secure point-to-point and networked communications

Rapid integration into defense, public safety, industrial, and commercial drone systems

Market demand for resilient UAV communications continues to accelerate, as governments and commercial operators increase investments in autonomous platforms. Industry analysts project significant long-term growth in both the global UAV market and the associated communications infrastructure required to support sophisticated airborne systems. Peraso believes it is well positioned to capitalize on these trends by delivering differentiated mmWave-based solutions that address critical performance and security requirements not readily achievable with traditional wireless technologies.

"The introduction of the PRM2145 demonstrates Peraso's strategy of leveraging its core mmWave intellectual property and technology leadership to address high-value market opportunities beyond traditional fixed wireless access applications," said Mike Hamilton, Vice President of Business Development at Peraso. "We continue to see substantial interest in secure communications technologies for defense and autonomous systems, and we believe the PRM2145 strengthens our position in these attractive and expanding markets."

The PRM2145 is expected to be available in Q4 2026 for customer evaluation and is designed for integration into a broad range of unmanned and autonomous platforms, including tactical drones, loitering munitions, ISR systems, autonomous ground vehicles, and advanced robotic systems.

For additional information about the product, availability and pricing, contact Peraso sales at sales@perasoinc.com.

Peraso Targets Defense and UAV Markets with New PRM2145 Jam-Resistant Communications ModuleAugust 10, 2026 8:00 AM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / August 10, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the introduction of the "PRM2145," a new wireless communications module specifically designed to address the requirements of unmanned aerial vehicles (UAV), autonomous systems, and defense communications applications.The launch of the PRM2145 marks an important expansion of Peraso's product portfolio in the rapidly growing defense and UAV communications markets. Unlike conventional communications solutions operating in congested lower-frequency spectrum bands, the PRM2145 leverages Peraso's proven 60 GHz mmWave technology platform to provide secure, low-latency, gigabit-class communications in a lightweight, compact module for airborne platforms with strict size, weight, and power constraints. To support mission-critical deployments, the PRM2145 is intended to enable robust command-and-control links, high-definition video transmission, intelligence, surveillance, and reconnaissance (ISR) data transport, identification friend or foe (IFF) communications, and drone-to-drone communications, while providing enhanced resistance to interference and electronic jamming.The surging global adoption of drones across military, homeland security, public safety, and commercial applications is driving demand for secure communications technologies capable of delivering higher bandwidth, lower latency, and greater resilience than conventional radio systems."Autonomous systems are becoming an increasingly important component of modern defense, security, and commercial operations, creating significant demand for advanced communications solutions that can operate reliably in challenging radio frequency environments," stated Ronald Glibbery, Chief Executive Officer of Peraso. "The PRM2145 was specifically developed to address this opportunity by utilizing Peraso's industry-leading mmWave expertise to address the unique requirements of UAV communications. We believe the product is well positioned to support a broad range of emerging UAV applications, where reliability, security, low latency, and jam resistance are mission critical."By utilizing advanced beamforming technology, the module is designed to create highly directional links intended to be difficult to detect, intercept, or disrupt. This architecture is intended to provide significant advantages for defense and security applications, where communications resilience and operational security are paramount.Key features of the PRM2145 include:Purpose-built architecture optimized for UAV and drone communicationsGigabit-class wireless throughputUltra-low-latency communications for real-time control and video transportAdvanced beamforming technology with highly directional linksEnhanced resistance to jamming, interference, and spectrum congestionLightweight and compact construction specifically designed for airborne platformsSupport for secure point-to-point and networked communicationsRapid integration into defense, public safety, industrial, and commercial drone systemsMarket demand for resilient UAV communications continues to accelerate, as governments and commercial operators increase investments in autonomous platforms. Industry analysts project significant long-term growth in both the global UAV market and the associated communications infrastructure required to support sophisticated airborne systems. Peraso believes it is well positioned to capitalize on these trends by delivering differentiated mmWave-based solutions that address critical performance and security requirements not readily achievable with traditional wireless technologies."The introduction of the PRM2145 demonstrates Peraso's strategy of leveraging its core mmWave intellectual property and technology leadership to address high-value market opportunities beyond traditional fixed wireless access applications," said Mike Hamilton, Vice President of Business Development at Peraso. "We continue to see substantial interest in secure communications technologies for defense and autonomous systems, and we believe the PRM2145 strengthens our position in these attractive and expanding markets."The PRM2145 is expected to be available in Q4 2026 for customer evaluation and is designed for integration into a broad range of unmanned and autonomous platforms, including tactical drones, loitering munitions, ISR systems, autonomous ground vehicles, and advanced robotic systems.For additional information about the product, availability and pricing, contact Peraso sales at sales@perasoinc.com.About Peraso Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "would," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address the availability, operating performance, and advantages of the products of Peraso and the anticipated use of mmWave technology in defense, autonomous, and UAV applications, that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in defense, autonomous and UAV applications, the successful implementation and performance of the technology and hardware of Peraso with autonomous and UAV technology, the anticipated tactical and operational advantages of beamforming antenna technology relative to traditional radio frequency solutions, the risk that the performance characteristics described above, including with respect to jam-resistance and low probability of intercept/detection, may not be replicated in actual field conditions, third-party testing, or customer deployments, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, changes in defense spending priorities, government budget constraints, military procurement policy, or geopolitical developments that could reduce or delay demand for the Company's technologies in military and government applications, the risk that Peraso's products or technology may be subject to U.S. export control laws and regulations, including EAR or ITAR, and that compliance or non-compliance may limit the addressable market or expose the Company to civil or criminal penalties, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.###Media Contact:
Tyler Weiland
Shelton Group
P: 972-571-7834
E: tweiland@sheltongroup.comCompany Contact:
Mike Hamilton
VP, Business Development
mhamilton@perasoinc.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Targets Defense and UAV Markets with New PRM2145 Jam-Resistant Communications Module

Peraso to Announce Second Quarter 2026 Financial ResultsJuly 31, 2026 8:00 AM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / July 31, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced the Company will release its second quarter 2026 financial results on Tuesday, August 11, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.Conference Call and Webcast Information
Date: Tuesday, August 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Passcode: 513888
Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through August 18, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 54274. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Investor Relations Contact
Shelton Group
Brett L. Perry
P: 214-272-0070
E: sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Announce Second Quarter 2026 Financial Results

$PRSO Peraso to Announce Second Quarter 2026 Financial Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-to-announce-second-quarter-2026-financial-results-1199096

SAN JOSE, CA / ACCESS Newswire / July 31, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced the Company will release its second quarter 2026 financial results on Tuesday, August 11, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.

Conference Call and Webcast Information
Date: Tuesday, August 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Passcode: 513888
Webcast and Slides: Click Here

For those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through August 18, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 54274. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.

Peraso Releases White Paper on 60 GHz mmWave Technology for Advanced Drone Communications

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-releases-white-paper-on-60-ghz-mmwave-technology-for-advan-1191653

Highlights Applications for Secure, Jam-resistant Drone Communications

SAN JOSE, CA / ACCESS Newswire / July 16, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso"), a leader in high-performance 60 GHz wireless technology, today announced the publication of a new white paper, The Strategic Advantages of 60 GHz Millimeter-Wave Technology in Drone Communications.

As unmanned aerial systems (UAS) become more autonomous and data-intensive, they also place greater demands on wireless communications. Traditional sub-6 GHz technologies face increasing challenges, such as spectrum congestion, network interference, communications detection, and jamming. In its new white paper, Peraso examines how 60 GHz mmWave technology helps address these challenges by providing secure, high-capacity wireless communications for modern drone operations.

Peraso's white paper covers the evolution of drone communications and explains how 60 GHz mmWave supports modern UAS applications, including:

Adaptive beamforming and dynamic beam steering

Low probability of intercept and detection (LPI/LPD)

Anti-jamming and electromagnetic resilience

High-capacity, low-latency communications

Size, weight, and power (SWaP) optimization

Identification Friend-or-Foe (IFF) technology integration

GPS-denied operations and resilient networking

"As adversaries continuously develop increasingly sophisticated jamming techniques, it's imperative to develop advanced protocols that ensure secure and stealthy communications with autonomous vehicles," said Ron Glibbery, CEO of Peraso. "We wrote this white paper to explain Peraso's position on where traditional wireless technologies fall short and why 60 GHz mmWave is well suited for secure, resilient drone communications."

The white paper also explores how directional beamforming and electronic beam steering can enable reliable connectivity between moving platforms, while reducing susceptibility to interception, detection, and electronic attack. These capabilities support emerging applications, such as autonomous systems, drone swarms, and mission-critical defense operations that depend on secure, real-time communication.

Peraso's white paper, The Strategic Advantages of 60 GHz Millimeter-Wave Technology in Drone Communications, is available for download.

Peraso Enters Into Committed Equity Facility of Up to $25 MillionJuly 2, 2026 5:07 PM
ACCESS NewswireFacility Expected to Provide Access to Additional Working Capital and to Support Continued Product Development for Drone, Defense and Tactical CommunicationsSAN JOSE, CA / ACCESS Newswire / July 2, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that it has entered into a committed equity facility ("CEF") with Roth Principal Investments, LLC ("RPI"), an affiliate of CR Financial Holdings, Inc., the holding company for Roth Capital Partners.The CEF allows, but does not obligate, Peraso to issue and sell up to $25 million of its shares of common stock to RPI, at the Company's discretion and subject to certain conditions set forth in the CEF agreement, following the filing and effectiveness of a registration statement registering the resale of such shares. Peraso intends to use any net proceeds for working capital and general corporate purposes, including continued product development and expansion in the drone, defense and tactical communications markets. The Company may access capital opportunistically over time and is under no obligation to utilize the full amount available under the facility. The Company may not be able to sell the full $25 million of shares available under the facility due to limitations, including the number of shares registered for resale and applicable Nasdaq rules."We are pleased to have entered into this committed equity facility, which is intended to provide additional financial and working capital flexibility, including to support our continued product development for drone, defense and tactical communications," stated Ron Glibbery, CEO of Peraso.This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The Company intends to file a registration statement with the SEC to register the resale of the shares issuable under the CEF. These securities may not be sold until that registration statement is filed and becomes effective.Forward Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "would," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability of capital, Peraso's potential use of the CEF, including the use of proceeds, and anticipated use of Peraso's mmWave technology in the drone, defense and tactical communications markets that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of the CEF, the ability to use the CEF, Peraso's ability to receive additional orders for its 60GHz modules for drone, defense and tactical communications and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.About Peraso Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Company Contact:
Jim Sullivan, CFO
Peraso Inc.
P: 408-418-7500
E: jsullivan@perasoinc.comInvestor Relations Contact
Shelton Group
Brett L. Perry
P: 214-272-0070
E: sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Enters Into Committed Equity Facility of Up to $25 Million

Peraso and Virewirx Demonstrate 50Gbps Network Cluster Targeting Drone Swarms and Autonomous Systems

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-and-virewirx-demonstrate-50gbps-network-cluster-targeting-1174791

Combined wireless technologies enable resilient, high-capacity, GPS-independent networking for autonomous platforms operating in contested and congested environments

SAN JOSE, CA / ACCESS Newswire / June 10, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") and Virewirx, Inc. ("Virewirx") today announced the successful demonstration of a simulated drone wireless communication environment requiring a high-capacity network cluster with a peak aggregate data capacity of more than 50Gbps. Each company provided fundamental technology essential to the demonstration, including Peraso's 60 GHz wireless semiconductor solutions and Virewirx's VX60 High Performance Wireless Network, an advanced millimeter- wave networking technology.

During the customer demonstration, the team simultaneously transmitted several independent multi-gigabit data streams within the confined space of a large room. The demonstration highlighted one of the primary advantages of 60 GHz wireless over conventional sub-60 GHz technologies, namely its ability to operate effectively in highly congested wireless environments.

"Our collaboration with Virewirx is a terrific example in which two companies bring complementary technology together to address a complex problem," stated Ron Glibbery, CEO of Peraso. "As drone technology continues to prove itself as a force multiplier in modern warfare, we expect our technologies to further enable next-generation battlefield tactics."

Additional benefits of 60 GHz wireless technology include a low probability of intercept and detection (LPI/LPD) and a low probability of jamming, making it well suited for autonomous and mission-critical systems operating in contested environments. These characteristics are particularly valuable in drone warfare, where adversaries employ sophisticated electronic countermeasures to disrupt communications. Combined with Virewirx's network synchronization technology, Peraso's 60 GHz solution can maintain network coordination without GPS, enabling reliable operation in GPS-denied environments.

This capability is especially important for emerging drone swarm applications, where large groups of autonomous drones must communicate and coordinate in real time. The Virewirx VX60 network controller can manage large numbers of autonomous devices, helping prevent communication conflicts while maintaining network resilience in the event of individual unit failures.

"The VX60 network concept grew out of the observation that traditional wireless networks are not well suited to maintain seamless, high-capacity data flow in highly dynamic environments," said Jason Fiber, CEO of Virewirx. "The emerging drone swarms and other large-scale AI systems we see are exceeding the capabilities of network solutions designed for humans. VX60 represents the next era of wireless networking, with core intelligence designed to address the requirements of the AI generation."

Beyond defense applications, the VX60 network architecture is designed to support dense clusters of autonomous devices in commercial and industrial environments. For example, large fleets of robots operating within automated factories require reliable, high-capacity wireless connectivity without interference. Unlike traditional wireless systems that often require physical separation or shielding, the VX60 network enables hundreds of independent multi-gigabit links to operate simultaneously in highly congested settings.

The high throughput of 60 GHz wireless networks also supports the transfer of data-intensive AI models between edge devices and centralized computing resources, helping autonomous robots and vehicles access the processing power and data needed to perform increasingly complex tasks.

Peraso and Virewirx Demonstrate 50Gbps Network Cluster Targeting Drone Swarms and Autonomous SystemsJune 10, 2026 8:00 AM
ACCESS NewswireCombined wireless technologies enable resilient, high-capacity, GPS-independent networking for autonomous platforms operating in contested and congested environmentsSAN JOSE, CA / ACCESS Newswire / June 10, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") and Virewirx, Inc. ("Virewirx") today announced the successful demonstration of a simulated drone wireless communication environment requiring a high-capacity network cluster with a peak aggregate data capacity of more than 50Gbps. Each company provided fundamental technology essential to the demonstration, including Peraso's 60 GHz wireless semiconductor solutions and Virewirx's VX60 High Performance Wireless Network, an advanced millimeter- wave networking technology.During the customer demonstration, the team simultaneously transmitted several independent multi-gigabit data streams within the confined space of a large room. The demonstration highlighted one of the primary advantages of 60 GHz wireless over conventional sub-60 GHz technologies, namely its ability to operate effectively in highly congested wireless environments."Our collaboration with Virewirx is a terrific example in which two companies bring complementary technology together to address a complex problem," stated Ron Glibbery, CEO of Peraso. "As drone technology continues to prove itself as a force multiplier in modern warfare, we expect our technologies to further enable next-generation battlefield tactics."Additional benefits of 60 GHz wireless technology include a low probability of intercept and detection (LPI/LPD) and a low probability of jamming, making it well suited for autonomous and mission-critical systems operating in contested environments. These characteristics are particularly valuable in drone warfare, where adversaries employ sophisticated electronic countermeasures to disrupt communications. Combined with Virewirx's network synchronization technology, Peraso's 60 GHz solution can maintain network coordination without GPS, enabling reliable operation in GPS-denied environments.This capability is especially important for emerging drone swarm applications, where large groups of autonomous drones must communicate and coordinate in real time. The Virewirx VX60 network controller can manage large numbers of autonomous devices, helping prevent communication conflicts while maintaining network resilience in the event of individual unit failures."The VX60 network concept grew out of the observation that traditional wireless networks are not well suited to maintain seamless, high-capacity data flow in highly dynamic environments," said Jason Fiber, CEO of Virewirx. "The emerging drone swarms and other large-scale AI systems we see are exceeding the capabilities of network solutions designed for humans. VX60 represents the next era of wireless networking, with core intelligence designed to address the requirements of the AI generation."Beyond defense applications, the VX60 network architecture is designed to support dense clusters of autonomous devices in commercial and industrial environments. For example, large fleets of robots operating within automated factories require reliable, high-capacity wireless connectivity without interference. Unlike traditional wireless systems that often require physical separation or shielding, the VX60 network enables hundreds of independent multi-gigabit links to operate simultaneously in highly congested settings.The high throughput of 60 GHz wireless networks also supports the transfer of data-intensive AI models between edge devices and centralized computing resources, helping autonomous robots and vehicles access the processing power and data needed to perform increasingly complex tasks.For more information, please visit https://perasoinc.com and https://virewirx.com/About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWavewireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit http://www.perasoinc.com/.About Virewirx, Inc.Virewirx is the wireless infrastructure layer for Physical AI. Founded as XCOM Labs in 2018 by former Qualcomm executives Paul Jacobs, Derek Aberle, and Matt Grob, the company rebranded in 2023 and launched the VX60 High Performance Wireless network, a 60 GHz mmWave platform engineered to move massive volumes of data with ultra-high throughput and minimal latency. VX60 powers autonomous vehicles, robotics, smart warehouses, industrial automation, immersive entertainment, telemedicine, and beyond. For additional information, please visit https://virewirx.com/.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "would," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and Virewirx, the expected benefits of Peraso's collaboration with Virewirx and anticipated use of mmWave technology in drone, autonomous vehicle and other applications, that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in drone, autonomous vehicle and other applications, the successful implementation and performance of the technology and hardware of Peraso and Virewirx, the anticipated tactical and operational advantages of beamforming antenna technology relative to traditional radio frequency solutions, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, changes in defense spending priorities, government budget constraints, military procurement policy, or geopolitical developments that could reduce or delay demand for the Company's technologies in military and government applications, the risk that Peraso's products or technology may be subject to U.S. export control laws and regulations, including EAR or ITAR, and that compliance or non-compliance may limit the addressable market or expose the Company to civil or criminal penalties, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Neither Peraso nor Virewirx undertake an obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.###Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.comPeraso Company Contact
Mike Hamilton
VP, Business DevelopmentVirewirx Company Contact
Brian Lee
VP, Business DevelopmentSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso and Virewirx Demonstrate 50Gbps Network Cluster Targeting Drone Swarms and Autonomous Systems

$PRSO Peraso Announces First Quarter 2026 Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-announces-first-quarter-2026-results-1165840

SAN JOSE, CA / ACCESS Newswire / May 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the first quarter ended March 31, 2026.

Management Commentary

"Our first quarter results reflect the anticipated push-out on the fulfillment of a significant customer order due to the delayed receipt of key materials from one of our suppliers," commented Ron Glibbery, CEO of Peraso. "We shipped this order in the current quarter, and we have since begun implementing measures to mitigate our reliance on any one supplier. In addition to this delayed order, we are also experiencing irregular order patterns from our fixed wireless access customers, as well as multiple new customers not yet establishing observable order patterns.

"Despite these near-term challenges, particularly within the fixed wireless access market, we have remained closely engaged on expanded opportunities for our 60 GHz mmWave technology across a number of new and existing customers. Within the tactical communications market, we are seeing growing interest in Peraso's mmWave wireless technology following the announcement of our lead Israeli defense customer, InTACT. We delivered initial production shipments in April of our optimized 60GHz modules in support of this customer's next-generation drone Identification Friend or Foe system.

"We remain optimistic about the breadth of our customer engagements and continue to believe there are expanding opportunities for 60 GHz wireless technology in markets that require high-bandwidth and secure connectivity beyond our core fixed wireless access applications. Our primary focus over the coming quarters is to secure new purchase orders, as well as increase the conversion rate of existing customer engagements into design wins for potential future top-line growth."

First Quarter 2026 Financial Results

Total net revenue for the first quarter of 2026 was $1.0 million, compared with $2.9 million in the prior quarter and $3.9 million in the same quarter a year ago. Product revenue for the first quarter of 2026 was $0.7 million, compared with $2.8 million in the prior quarter and $3.8 million in the same quarter a year ago. The sequential and year-over-year decrease in product revenue for the first quarter of 2026 was primarily attributable to lower shipments of both memory IC and mmWave products.

Gross margin for the first quarter of 2026 was 61.5%, compared with 52.2% in the prior quarter and 69.3% in the same quarter a year ago. The sequential increase in gross margin for the first quarter of 2026 was primarily attributable to a higher mix of revenue contribution from non-recurring engineering projects, while the year-over-year decrease primarily reflected the decrease in sales of legacy memory ICs.

Total operating expenses on a GAAP basis for the first quarter of 2026 were $3.1 million, compared with $2.8 million in the prior quarter and $3.2 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the first quarter of 2026, which excluded stock-based compensation, were $2.9 million compared with $2.7 million in the prior quarter and $3.1 million in the same quarter a year ago.

GAAP net loss for the first quarter of 2026 was $2.5 million, or ($0.22) per share, compared with a net loss of $1.2 million, or ($0.13) per share, in the prior quarter, and a net loss of $0.5 million, or ($0.08) per share, in the first quarter of 2025. Non-GAAP net loss, which excludes stock-based compensation and changes in fair value of warrant liabilities, for the first quarter of 2026 was $2.3 million, or ($0.20) per share, compared with a net loss of $1.2 million, or ($0.13) per share, in the prior quarter and a net loss of $0.4 million, or ($0.07) per share, in the first quarter of 2025.

Adjusted EBITDA for the first quarter of 2026 was negative $2.3 million, compared with negative $1.1 million in the prior quarter and negative $0.3 million in the same quarter last year.

A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.

Peraso Announces First Quarter 2026 ResultsMay 11, 2026 4:14 PM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / May 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the first quarter ended March 31, 2026.Management Commentary"Our first quarter results reflect the anticipated push-out on the fulfillment of a significant customer order due to the delayed receipt of key materials from one of our suppliers," commented Ron Glibbery, CEO of Peraso. "We shipped this order in the current quarter, and we have since begun implementing measures to mitigate our reliance on any one supplier. In addition to this delayed order, we are also experiencing irregular order patterns from our fixed wireless access customers, as well as multiple new customers not yet establishing observable order patterns."Despite these near-term challenges, particularly within the fixed wireless access market, we have remained closely engaged on expanded opportunities for our 60 GHz mmWave technology across a number of new and existing customers. Within the tactical communications market, we are seeing growing interest in Peraso's mmWave wireless technology following the announcement of our lead Israeli defense customer, InTACT. We delivered initial production shipments in April of our optimized 60GHz modules in support of this customer's next-generation drone Identification Friend or Foe system."We remain optimistic about the breadth of our customer engagements and continue to believe there are expanding opportunities for 60 GHz wireless technology in markets that require high-bandwidth and secure connectivity beyond our core fixed wireless access applications. Our primary focus over the coming quarters is to secure new purchase orders, as well as increase the conversion rate of existing customer engagements into design wins for potential future top-line growth."First Quarter 2026 Financial ResultsTotal net revenue for the first quarter of 2026 was $1.0 million, compared with $2.9 million in the prior quarter and $3.9 million in the same quarter a year ago. Product revenue for the first quarter of 2026 was $0.7 million, compared with $2.8 million in the prior quarter and $3.8 million in the same quarter a year ago. The sequential and year-over-year decrease in product revenue for the first quarter of 2026 was primarily attributable to lower shipments of both memory IC and mmWave products.Gross margin for the first quarter of 2026 was 61.5%, compared with 52.2% in the prior quarter and 69.3% in the same quarter a year ago. The sequential increase in gross margin for the first quarter of 2026 was primarily attributable to a higher mix of revenue contribution from non-recurring engineering projects, while the year-over-year decrease primarily reflected the decrease in sales of legacy memory ICs.Total operating expenses on a GAAP basis for the first quarter of 2026 were $3.1 million, compared with $2.8 million in the prior quarter and $3.2 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the first quarter of 2026, which excluded stock-based compensation, were $2.9 million compared with $2.7 million in the prior quarter and $3.1 million in the same quarter a year ago.GAAP net loss for the first quarter of 2026 was $2.5 million, or ($0.22) per share, compared with a net loss of $1.2 million, or ($0.13) per share, in the prior quarter, and a net loss of $0.5 million, or ($0.08) per share, in the first quarter of 2025. Non-GAAP net loss, which excludes stock-based compensation and changes in fair value of warrant liabilities, for the first quarter of 2026 was $2.3 million, or ($0.20) per share, compared with a net loss of $1.2 million, or ($0.13) per share, in the prior quarter and a net loss of $0.4 million, or ($0.07) per share, in the first quarter of 2025.Adjusted EBITDA for the first quarter of 2026 was negative $2.3 million, compared with negative $1.1 million in the prior quarter and negative $0.3 million in the same quarter last year.A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.Earnings Conference Call and Webcast InformationRon Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call and webcast with slides today, May 11th, at 1:30 p.m. Pacific Time.Date: Monday, May 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Participant Access Code: 939441
Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, it will be archived on the Company's website, and can be accessed by visiting the Company's investor page at https://investors.perasoinc.com/events-presentations. A replay of the conference call will also be available through May 25, 2026 and can be accessed by calling 1-877-481-4010, and using passcode 53955. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available in the Investor Relations section of the Company's website following the conclusion of the conference call.Use of Non-GAAP Financial MeasuresTo supplement Peraso's consolidated financial statements presented in accordance with GAAP, Peraso uses non-GAAP financial measures that exclude from the statement of operations the effects of stock-based compensation and the change in fair value of warrant liabilities. Peraso's management believes that the presentation of these non-GAAP financial measures is useful to investors and other interested persons because they are one of the primary indicators that Peraso's management uses for planning and forecasting future performance. The press release also makes reference to and reconciles GAAP net income (loss) and adjusted EBITDA, which the Company defines as GAAP net income (loss) before interest expense, the income tax provision, and depreciation and amortization, as well as stock-based compensation and the change in fair value of warrant liabilities. Management believes that the presentation of non-GAAP financial measures that exclude these items is useful to investors because management does not consider these charges part of the day-to-day business or reflective of the core operational activities of the Company that are within the control of management or that would be used to evaluate management's operating performance.Investors are encouraged to review the reconciliations of these non-GAAP financial measures to the comparable GAAP results, which are provided in tables below the Condensed Consolidated Statements of Operations. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. For additional information regarding these non-GAAP financial measures, and management's explanation of why it considers such measures to be useful, refer to the Current Report on Form 8-K dated May 11, 2026 filed by the Company with the Securities and Exchange Commission.Forward-Looking StatementsThis press release may contain forward-looking statements about the Company, including, without limitation, the Company's expectations regarding growth prospects for the Company's products and the Company's 2026 revenue and gross margin trends. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited, to the following:the Company's ability to continue as a going concern;the Company's ability to raise additional capital to fund its operations;the Company's ability to maintain compliance with the continued listing requirements and standards of the Nasdaq Stock Market;risks related to the process of reviewing and exploring potential strategic alternatives, which may be time-consuming, distracting, and disruptive to the Company's business operations;the timing of customer orders and product shipments, which may be impacted by supply chain disruptions experienced by the Company or its customers;the Company's ability to convert customer engagements, proof-of-concept evaluations, and technology demonstrations into design wins, purchase orders, and production revenue;the timing and outcome of product deliveries, field trials, and customer acceptance of the Company's products;risks related to pandemics, wars and terrorist activities that may have an adverse impact on the Company's business and financial results and result in component shortages and increased lead times that may negatively impact the Company's ability to ship its products;risks related to tariffs, trade restrictions, inflation, and other government actions that may affect the Company's supply chain, component costs, or customer demand;customer concentrations and length of billing and collection cycles, which may be impacted in the event of a global recession or economic downturn;lengthy sales cycle;ability to enhance the Company's existing proprietary technologies and develop new technologies;achieving additional design wins for the Company's products through the acceptance and adoption of its technology by existing and potential customers and their suppliers;difficulties and delays in the production, testing and marketing of the Company's products;reliance on manufacturing partners to assist successfully with the fabrication of and production of the Company's products;impacts of the end-of-life of the Company's memory products;availability of quantities of the Company's products supplied by its manufacturing partners at a competitive cost;level of intellectual property protection provided by the Company's patents, the expenses and other consequences of litigation, including intellectual property infringement litigation, to which the Company may be or may become a party from time to time;vigor and growth of markets served by the Company's customers and its operations; andother risks identified in the Company's public filings it makes with the Securities and Exchange Commission.Peraso does not intend to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.About Peraso Inc.Peraso Inc. (NASDAQ: PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, antenna modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, tactical communications, immersive video and factory automation. For additional information, please visit www.perasoinc.com.Company Contact:
Jim Sullivan, CFO
Peraso Inc.
P: 408-418-7500
E: jsullivan@perasoinc.comInvestor Relations Contacts:
Shelton Group
Brett L. Perry | Leanne K. Sievers
P: 214-272-0070
E: sheltonir@sheltongroup.comPERASO INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts; unaudited) Three Months Ended March 31, 2026 2025 Net Revenue Product $667 $3,800 Services and other 296 69 Total net revenue 963 3,869 Cost of Net Revenue 371 1,189 Gross Profit 592 2,680 Operating Expenses Research and development 1,590 1,583 Selling, general and administrative 1,486 1,611 Total operating expenses 3,076 3,194 Loss from operations (2,484) (514) Change in fair value of warrant liabilities (9) 35 Other income (expense), net (4) 8 Net loss $(2,497) $(471) Net loss per share Basic and diluted $(0.22) $(0.08) Shares used in computing net loss per share Basic and diluted 11,613 5,745 PERASO INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited) March 31, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $2,672 $2,886 Accounts receivable, net 867 1,219 Inventories 1,600 1,168 Prepaid expenses and other 534 195 Total current assets 5,673 5,468 Property and equipment, net 497 363 Right-of-use lease assets 124 143 Other 104 105 Total assets $6,398 $6,079 Liabilities and Stockholders??? Equity Current liabilities: Accounts payable $895 $679 Deferred revenue 102 8 Short-term lease liabilities 95 95 Accrued expenses and other 605 540 Total current liabilities 1,697 1,322 Long-term lease liabilities 64 97 Warrant liabilities 33 24 Total liabilities 1,794 1,443 Stockholders' equity 4,604 4,636 Total liabilities and stockholders' equity $6,398 $6,079 PERASO INC.
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
(In thousands, except per share amounts; unaudited) Three Months Ended March 31, 2026 2025 GAAP net loss $(2,497) $(471)Stock-based compensation expense - Research and development 59 65 - Selling, general and administrative 88 60 Total stock-based compensation expense 147 125 Change in fair value of warrant liabilities 9 (35) Non-GAAP net loss $(2,341) $(381) GAAP net loss per share $(0.22) $(0.08)Reconciling items - Stock-based compensation expense 0.02 0.02 - Change in fair value of warrant liabilities - (0.01) Non-GAAP net loss per share $(0.20) $(0.07) Shares used in computing non-GAAP net loss per share Basic and diluted 11,613 5,745 PERASO INC.
Reconciliation of GAAP and Non-GAAP Financial Information
(In thousands; unaudited)
Three Months Ended March 31, 2026 2025 Reconciliation of GAAP net loss and adjusted EBITDA GAAP net loss $(2,497) $(471)Stock-based compensation expense - Research and development 59 65 - Selling, general and administrative 88 60 Stock-based compensation expense 147 125 Change in fair value of warrant liabilities 9 (35) Non-GAAP net loss (2,341) (381)EBITDA adjustments: - Depreciation and amortization 50 67 - Interest expense - 1 Adjusted EBITDA $(2,291) $(313)SOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Announces First Quarter 2026 Results

$PRSO Peraso to Announce First Quarter 2026 Financial Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-to-announce-first-quarter-2026-financial-results-1161833

SAN JOSE, CA / ACCESS Newswire / April 28, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the Company will release its first quarter 2026 financial results on Monday, May 11, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.

Conference Call and Webcast Information
Date: Monday, May 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Passcode: 939441
Webcast and Slides: Click Here

For those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through May 18, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 53955. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.

Peraso to Announce First Quarter 2026 Financial ResultsApril 28, 2026 8:00 AM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / April 28, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the Company will release its first quarter 2026 financial results on Monday, May 11, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.Conference Call and Webcast Information
Date: Monday, May 11, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-506-0062
International Call Number: +1-973-528-0011
Passcode: 939441
Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through May 18, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 53955. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Investor Relations Contact
Shelton Group
Brett L. Perry
P: 214-272-0070
E: sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Announce First Quarter 2026 Financial Results

https://investorshub.advfn.com/stock-market/NASDAQ/peraso-PRSO/trades

Tapping $1.00 before close.

Peraso Delivers Initial Production Shipment of 60GHz Modules for Drone IFF SystemsApril 14, 2026 8:00 AM
ACCESS NewswiremmWave Modules Optimized for Size, Weight and Power (SWaP) Requirements Enabling Battlefield Drone ApplicationsSAN JOSE, CA / ACCESS Newswire / April 14, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company") today announced the delivery of an initial limited production shipment of its proprietary 60GHz modules to Israeli defense contractor InTACT, marking an important production readiness milestone for the Company's technology.Optimized for military Identification Friend or Foe ("IFF") applications, including infantry and drone deployments, the integrated solution combines Peraso's advanced hardware with specialized software implementing InTACT's IFF protocol. The system also incorporates power reduction algorithms critical for battery-operated platforms.InTACT is engaged with potential customers for its drone IFF systems."There is an immediate demand for an IFF system like this and Peraso's technical team has done an outstanding job of adapting our technology for military applications," said Ronald Glibbery, CEO of Peraso. "We've significantly reduced the size, weight, and power (SWaP) of these new products to enable battery-powered operation for both drone and warfighter IFF use cases. I'm proud of our team for bringing Peraso's technology to production readiness in such a short timeframe."SWaP are critical considerations for any IFF system. Peraso and InTACT engineers worked collaboratively to define system requirements and optimize both the module hardware and associated software, resulting in a solution purpose-built for military applications. Additionally, the Peraso module incorporates beamforming antenna technology, offering a lower probability of detection in battlefield environments compared to traditional radio frequency approaches."We're proud of the relationship we've developed with Peraso since 2024," stated Meir Rappart, CEO of InTACT. "Our system knowledge, coupled with Peraso's 60GHz semiconductor and related software expertise, have yielded what we believe to be a significant advancement in IFF technology."InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:Highly directional beamforming communicationsLow probability of detection and interceptionLow-power consumption for battery-operated platformsCompact integration for drones and soldier-borne systemsPeraso and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone IFF applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and InTACT, the expected benefits of Peraso's collaboration with InTACT and anticipated use of mmWave technology in drone and other military applications, that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in drone and defense applications, the successful implementation and performance of IFF protocols and associated software, the anticipated tactical and operational advantages of beamforming antenna technology relative to traditional radio frequency solutions, InTACT's ability to convert potential customer engagements into commercial sales of its drone IFF systems, Peraso's ability to receive additional orders for its 60GHz modules for drone IFF systems and to produce additional units beyond the initial limited shipment, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.###Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.comCompany Contact
Mike Hamilton
VP, Business DevelopmentSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Delivers Initial Production Shipment of 60GHz Modules for Drone IFF Systems

$PRSO Peraso Delivers Initial Production Shipment of 60GHz Modules for Drone IFF Systems

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-delivers-initial-production-shipment-of-60ghz-modules-for-1157314

mmWave Modules Optimized for Size, Weight and Power (SWaP) Requirements Enabling Battlefield Drone Applications

SAN JOSE, CA / ACCESS Newswire / April 14, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company") today announced the delivery of an initial limited production shipment of its proprietary 60GHz modules to Israeli defense contractor InTACT, marking an important production readiness milestone for the Company's technology.

Optimized for military Identification Friend or Foe ("IFF") applications, including infantry and drone deployments, the integrated solution combines Peraso's advanced hardware with specialized software implementing InTACT's IFF protocol. The system also incorporates power reduction algorithms critical for battery-operated platforms.

InTACT is engaged with potential customers for its drone IFF systems.

"There is an immediate demand for an IFF system like this and Peraso's technical team has done an outstanding job of adapting our technology for military applications," said Ronald Glibbery, CEO of Peraso. "We've significantly reduced the size, weight, and power (SWaP) of these new products to enable battery-powered operation for both drone and warfighter IFF use cases. I'm proud of our team for bringing Peraso's technology to production readiness in such a short timeframe."

SWaP are critical considerations for any IFF system. Peraso and InTACT engineers worked collaboratively to define system requirements and optimize both the module hardware and associated software, resulting in a solution purpose-built for military applications. Additionally, the Peraso module incorporates beamforming antenna technology, offering a lower probability of detection in battlefield environments compared to traditional radio frequency approaches.

"We're proud of the relationship we've developed with Peraso since 2024," stated Meir Rappart, CEO of InTACT. "Our system knowledge, coupled with Peraso's 60GHz semiconductor and related software expertise, have yielded what we believe to be a significant advancement in IFF technology."

InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:

Highly directional beamforming communications

Low probability of detection and interception

Low-power consumption for battery-operated platforms

Compact integration for drones and soldier-borne systems

$PRSO Peraso to Present at the Centri Capital Conference

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-to-present-at-the-centri-capital-conference-1155694

SAN JOSE, CA / ACCESS Newswire / April 7, 2026 / Peraso Inc. (NASDAQ:PRSO), ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that Ron Glibbery, CEO, and Jim Sullivan, CFO, will present at the Centri Capital Conference to be held Tuesday, April 14, 2026, at Nasdaq MarketSite in New York City. Management is scheduled to present at 9:30 A.M. Eastern Time and will also be available for meetings with registered attendees throughout the day.

A live and archived webcast of the Company's presentation will be available on the Events page of the Company's website. To request a meeting with management, portfolio managers and analysts should contact their Centri representative or Register Here to attend the conference.

Source: https://investorshangout.com/post/newpost/91662/

Peraso to Present at the Centri Capital ConferenceApril 7, 2026 4:05 PM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / April 7, 2026 / Peraso Inc. (NASDAQ:PRSO), ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that Ron Glibbery, CEO, and Jim Sullivan, CFO, will present at the Centri Capital Conference to be held Tuesday, April 14, 2026, at Nasdaq MarketSite in New York City. Management is scheduled to present at 9:30 A.M. Eastern Time and will also be available for meetings with registered attendees throughout the day.A live and archived webcast of the Company's presentation will be available on the Events page of the Company's website. To request a meeting with management, portfolio managers and analysts should contact their Centri representative or Register Here to attend the conference.About the Centri Capital ConferenceThe Centri Capital Conference will feature a selective lineup of high-growth companies spanning healthcare, life sciences, disruptive technology, and other rapidly growing sectors. Attendees will have the opportunity to engage in 1:1 investor meetings, gain market insights, and hear directly from industry leaders, investors, and advisors on pressing topics.About Peraso, Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Investor Relations Contact
Shelton Group
Brett Perry
214-272-0070
sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Present at the Centri Capital Conference

Peraso to Present at the Investor Summit Virtual ConferenceMarch 23, 2026 4:05 PM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / March 23, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced that Ron Glibbery, CEO, and Jim Sullivan, CFO, will present at the Investor Summit Virtual Conference on Wednesday, March 25, 2026 at 2:30 p.m. Eastern Time.A live webcast and replay of the Company's presentation will be available in the Events & Presentations section of Peraso's Investor Relations website at: https://investors.perasoinc.com.About Peraso Inc.Peraso Inc. (NASDAQ: PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Investor Relations Contact
Shelton Group
Brett Perry
214-272-0070
sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Present at the Investor Summit Virtual Conference

$PRSO Peraso Announces Fourth Quarter and Full Year 2025 Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-announces-fourth-quarter-and-full-year-2025-results-1148123

Full Year mmWave Product Revenue Increased 6x Year-over-Year

SAN JOSE, CA / ACCESS Newswire / March 16, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the fourth quarter and full year ended December 31, 2025.

Management Commentary

"We closed out 2025 with a solid fourth quarter that was in line with our guidance range and supported by continued year-over-year growth in mmWave product shipments," commented Ron Glibbery, CEO of Peraso. "For the full year, revenue from our mmWave products grew six-fold over 2024. Together with healthy gross margins and disciplined expense management, this contributed meaningful improvement to our year-over-year bottom-line results.

"Over the past several months, we have demonstrated steady progress on expanding the adoption of our 60 GHz mmWave technology, as we have secured multiple design wins with new and existing customers. In the fixed wireless market, we continued to improve our position as the dominant supplier of 60 GHz semiconductors with MikroTik's launch of its next-generation 60 GHz wireless device. In the tactical communications market, our existing Israeli defense customer, InTACT, selected Peraso's mmWave wireless technology to enable secure data transmission for next-generation drone Identification Friend or Foe systems. Notably, we are seeing growing demand for extremely high data rate applications, particularly in congested environments where existing wireless technologies such as Wi-Fi can fail due to interference issues. This trend was highlighted by our recently announced collaboration with Virewirx, which is developing 60 GHz multi-gigabit connectivity solutions for robotaxi applications that require download rates in the order of 1 terabit per hour. As conventional Wi-Fi and 5G solutions can become oversaturated at these data rates, customers are increasingly turning to 60 GHz mmWave technology as an alternative.

"Looking ahead for the remainder of 2026, we are encouraged by the growing market awareness of 60 GHz wireless technology and its ability to efficiently deliver high-bandwidth, secure connectivity in congested operating environments. Our focus remains on broadening our customer base and pipeline of design wins within both fixed wireless access and tactical communications, while also selectively capitalizing on high-growth opportunities for Peraso's mmWave-based solutions in adjacent markets."

Fourth Quarter 2025 Financial Results

Total net revenue for the fourth quarter of 2025 was $2.9 million, compared with $3.2 million in the prior quarter and $3.7 million in the same quarter a year ago. Product revenue for the fourth quarter of 2025 was $2.8 million, compared with $3.1 million in the prior quarter and $3.7 million in the same quarter a year ago. The year over year decrease in product revenue for the fourth quarter of 2025 was primarily attributable to lower shipments of our memory IC products, partially offset by increased shipments of our mmWave products.

GAAP gross margin for the fourth quarter of 2025 was 52.2%, compared with 56.2% in the prior quarter and 56.3% in the same quarter a year ago. On a non-GAAP basis, gross margin for the fourth quarter of 2025 was also 52.2%, compared with 56.2% in the prior quarter and 71.6% in the same quarter a year ago. The sequential decrease in both the GAAP and non-GAAP gross margins for the fourth quarter of 2025 was primarily attributable to the reduction in shipments of memory IC products.

Total operating expenses on a GAAP basis for the fourth quarter of 2025 were $2.8 million, compared with $3.0 million in the prior quarter and $3.7 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the fourth quarter of 2025, which excluded stock-based compensation, were $2.7 million compared with $2.9 million in the prior quarter and $3.2 million in the same quarter a year ago. The year-over-year decrease in fourth quarter 2025 operating expenses on a GAAP basis was primarily attributable to reduced stock-based compensation expense and amortization expense related to intangible assets, which were fully amortized as of December 31, 2024.

GAAP net loss for the fourth quarter of 2025 was $1.2 million, or ($0.13) per share, compared with a net loss of $1.2 million, or ($0.17) per share, in the prior quarter, and a net loss of $1.6 million, or ($0.37) per share, in the fourth quarter 0f 2024. Non-GAAP net loss, which excludes stock-based compensation, amortization of intangibles, severance costs and changes in fair value of warrant liabilities, for the fourth quarter of 2025 was $1.2 million, or ($0.13) per share, compared with a net loss of $1.1 million, or ($0.15) per share, in the prior quarter and a net loss of $0.5 million, or ($0.13) per share, in the fourth quarter of 2024.

Adjusted EBITDA for the fourth quarter of 2025 was negative $1.1 million, compared with negative $1.0 million in the prior quarter and negative $0.4 million in the same quarter last year.

A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.

Full Year 2025 Financial Results

Total net revenue for 2025 was $12.2 million compared with $14.6 million in the prior year. Product revenue in 2025 was $11.8 million, compared with $14.2 million in 2024. The decreases in total net revenue and product revenue were attributable to decreased shipments of memory IC products, partially offset by increased shipments of mmWave products.

GAAP gross margin for 2025 was 58.0%, compared with 51.7% for 2024. On a non-GAAP basis, gross margin for 2025 was 58.0%, compared with 67.2% for 2024. The year-over-year increase in GAAP gross margin primarily reflected increased mmWave margins due to increased shipments and an increase in memory IC product margins, due to reduced amortization expense related to intangible assets, which were fully amortized as of December 31, 2024. The decrease in gross margin on a non-GAAP basis reflected the reduction in memory IC shipments during 2025.

Total operating expenses on a GAAP basis for 2025 were $11.8 million, compared with operating expenses of $20.0 million for 2024. Total non-GAAP operating expenses for 2025, excluding stock-based compensation expenses, severance costs and amortization of intangible assets, were $11.3 million, compared with $14.9 million in 2024. The decrease in operating expenses on a non-GAAP basis for full year 2025 compared with 2024 was primarily attributable to a $1.8 million decrease in software license obligation costs and the benefits realized from previously implemented cost reductions and ongoing cost containment initiatives. A reconciliation of GAAP results to non-GAAP results is provided in the financial statement tables following the text of this press release.

GAAP net loss for 2025 was $4.8 million, or ($0.67) per share, compared with a net loss of $10.7 million, or ($3.57) per share, for 2024.

Non-GAAP net loss for 2025 was $4.3 million, or ($0.60) per share, compared with a net loss of $5.1 million, or ($1.71) per share, in 2024. Adjusted EBITDA for 2025 was a negative $4.0 million, compared with a negative $4.5 million for 2024.

Earnings Conference Call and Webcast Information

Ron Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call and webcast with slides today, March 16th, at 1:30 p.m. Pacific Time.

Date: Monday, March 16, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-545-0523
International Call Number: +1-973-528-0016
Participant Access Code: 703174
Webcast and Slides: Click Here

Peraso Announces Fourth Quarter and Full Year 2025 ResultsMarch 16, 2026 4:05 PM
ACCESS NewswireFull Year mmWave Product Revenue Increased 6x Year-over-YearSAN JOSE, CA / ACCESS Newswire / March 16, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced financial results for the fourth quarter and full year ended December 31, 2025.Management Commentary"We closed out 2025 with a solid fourth quarter that was in line with our guidance range and supported by continued year-over-year growth in mmWave product shipments," commented Ron Glibbery, CEO of Peraso. "For the full year, revenue from our mmWave products grew six-fold over 2024. Together with healthy gross margins and disciplined expense management, this contributed meaningful improvement to our year-over-year bottom-line results."Over the past several months, we have demonstrated steady progress on expanding the adoption of our 60 GHz mmWave technology, as we have secured multiple design wins with new and existing customers. In the fixed wireless market, we continued to improve our position as the dominant supplier of 60 GHz semiconductors with MikroTik's launch of its next-generation 60 GHz wireless device. In the tactical communications market, our existing Israeli defense customer, InTACT, selected Peraso's mmWave wireless technology to enable secure data transmission for next-generation drone Identification Friend or Foe systems. Notably, we are seeing growing demand for extremely high data rate applications, particularly in congested environments where existing wireless technologies such as Wi-Fi can fail due to interference issues. This trend was highlighted by our recently announced collaboration with Virewirx, which is developing 60 GHz multi-gigabit connectivity solutions for robotaxi applications that require download rates in the order of 1 terabit per hour. As conventional Wi-Fi and 5G solutions can become oversaturated at these data rates, customers are increasingly turning to 60 GHz mmWave technology as an alternative."Looking ahead for the remainder of 2026, we are encouraged by the growing market awareness of 60 GHz wireless technology and its ability to efficiently deliver high-bandwidth, secure connectivity in congested operating environments. Our focus remains on broadening our customer base and pipeline of design wins within both fixed wireless access and tactical communications, while also selectively capitalizing on high-growth opportunities for Peraso's mmWave-based solutions in adjacent markets."Fourth Quarter 2025 Financial ResultsTotal net revenue for the fourth quarter of 2025 was $2.9 million, compared with $3.2 million in the prior quarter and $3.7 million in the same quarter a year ago. Product revenue for the fourth quarter of 2025 was $2.8 million, compared with $3.1 million in the prior quarter and $3.7 million in the same quarter a year ago. The year over year decrease in product revenue for the fourth quarter of 2025 was primarily attributable to lower shipments of our memory IC products, partially offset by increased shipments of our mmWave products.GAAP gross margin for the fourth quarter of 2025 was 52.2%, compared with 56.2% in the prior quarter and 56.3% in the same quarter a year ago. On a non-GAAP basis, gross margin for the fourth quarter of 2025 was also 52.2%, compared with 56.2% in the prior quarter and 71.6% in the same quarter a year ago. The sequential decrease in both the GAAP and non-GAAP gross margins for the fourth quarter of 2025 was primarily attributable to the reduction in shipments of memory IC products.Total operating expenses on a GAAP basis for the fourth quarter of 2025 were $2.8 million, compared with $3.0 million in the prior quarter and $3.7 million in the same quarter a year ago. Operating expenses on a non-GAAP basis for the fourth quarter of 2025, which excluded stock-based compensation, were $2.7 million compared with $2.9 million in the prior quarter and $3.2 million in the same quarter a year ago. The year-over-year decrease in fourth quarter 2025 operating expenses on a GAAP basis was primarily attributable to reduced stock-based compensation expense and amortization expense related to intangible assets, which were fully amortized as of December 31, 2024.GAAP net loss for the fourth quarter of 2025 was $1.2 million, or ($0.13) per share, compared with a net loss of $1.2 million, or ($0.17) per share, in the prior quarter, and a net loss of $1.6 million, or ($0.37) per share, in the fourth quarter 0f 2024. Non-GAAP net loss, which excludes stock-based compensation, amortization of intangibles, severance costs and changes in fair value of warrant liabilities, for the fourth quarter of 2025 was $1.2 million, or ($0.13) per share, compared with a net loss of $1.1 million, or ($0.15) per share, in the prior quarter and a net loss of $0.5 million, or ($0.13) per share, in the fourth quarter of 2024.Adjusted EBITDA for the fourth quarter of 2025 was negative $1.1 million, compared with negative $1.0 million in the prior quarter and negative $0.4 million in the same quarter last year.A reconciliation of GAAP to non-GAAP results and GAAP net loss to Adjusted EBITDA is provided in the financial statement tables following the text of this press release.Full Year 2025 Financial ResultsTotal net revenue for 2025 was $12.2 million compared with $14.6 million in the prior year. Product revenue in 2025 was $11.8 million, compared with $14.2 million in 2024. The decreases in total net revenue and product revenue were attributable to decreased shipments of memory IC products, partially offset by increased shipments of mmWave products.GAAP gross margin for 2025 was 58.0%, compared with 51.7% for 2024. On a non-GAAP basis, gross margin for 2025 was 58.0%, compared with 67.2% for 2024. The year-over-year increase in GAAP gross margin primarily reflected increased mmWave margins due to increased shipments and an increase in memory IC product margins, due to reduced amortization expense related to intangible assets, which were fully amortized as of December 31, 2024. The decrease in gross margin on a non-GAAP basis reflected the reduction in memory IC shipments during 2025.Total operating expenses on a GAAP basis for 2025 were $11.8 million, compared with operating expenses of $20.0 million for 2024. Total non-GAAP operating expenses for 2025, excluding stock-based compensation expenses, severance costs and amortization of intangible assets, were $11.3 million, compared with $14.9 million in 2024. The decrease in operating expenses on a non-GAAP basis for full year 2025 compared with 2024 was primarily attributable to a $1.8 million decrease in software license obligation costs and the benefits realized from previously implemented cost reductions and ongoing cost containment initiatives. A reconciliation of GAAP results to non-GAAP results is provided in the financial statement tables following the text of this press release.GAAP net loss for 2025 was $4.8 million, or ($0.67) per share, compared with a net loss of $10.7 million, or ($3.57) per share, for 2024.Non-GAAP net loss for 2025 was $4.3 million, or ($0.60) per share, compared with a net loss of $5.1 million, or ($1.71) per share, in 2024. Adjusted EBITDA for 2025 was a negative $4.0 million, compared with a negative $4.5 million for 2024.Earnings Conference Call and Webcast InformationRon Glibbery, CEO, and Jim Sullivan, CFO, will host a conference call and webcast with slides today, March 16th, at 1:30 p.m. Pacific Time.Date: Monday, March 16, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-888-545-0523
International Call Number: +1-973-528-0016
Participant Access Code: 703174
Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, it will be archived on the Company's website, and can be accessed by visiting the Company's investor page at https://investors.perasoinc.com/events-presentations. A replay of the conference call will also be available through March 23, 2026 and can be accessed by calling 1-877-481-4010, and using passcode 53686. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available in the Investor Relations section of the Company's website following the conclusion of the conference call.Use of Non-GAAP Financial MeasuresTo supplement Peraso's consolidated financial statements presented in accordance with GAAP, Peraso uses non-GAAP financial measures that exclude from the statement of operations the effects of stock-based compensation,amortization of reported intangible assets, severance costs, and the change in fair value of warrant liabilities. Peraso's management believes that the presentation of these non-GAAP financial measures is useful to investors and other interested persons because they are one of the primary indicators that Peraso's management uses for planning and forecasting future performance. The press release also makes reference to and reconciles GAAP net income (loss) and adjusted EBITDA, which the Company defines as GAAP net income (loss) before interest expense, the income tax provision, and depreciation and amortization, as well as stock-based compensation, amortization of reported intangible assets, severance costs, and the change in fair value of warrant liabilities. Management believes that the presentation of non-GAAP financial measures that exclude these items is useful to investors because management does not consider these charges part of the day-to-day business or reflective of the core operational activities of the Company that are within the control of management or that would be used to evaluate management's operating performance.Investors are encouraged to review the reconciliations of these non-GAAP financial measures to the comparable GAAP results, which are provided in tables below the Condensed Consolidated Statements of Operations. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations to those financial statements should be carefully evaluated. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies. For additional information regarding these non-GAAP financial measures, and management's explanation of why it considers such measures to be useful, refer to the Current Report on Form 8-K dated March 16, 2026 filed by the Company with the Securities and Exchange Commission.Forward-Looking StatementsThis press release may contain forward-looking statements about the Company, including, without limitation, the Company's expectations regarding growth prospects for the Company's products and the Company's 2026 revenue and gross margin trends. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited, to the following:the Company's ability to continue as a going concern;the Company's ability to raise additional capital to fund its operations;the Company's ability to maintain compliance with the continued listing requirements and standards of the Nasdaq Stock Market;risks related to the process of reviewing and exploring potential strategic alternatives, which may be time-consuming, distracting, and disruptive to the Company's business operations;the timing of customer orders and product shipments;risks related to pandemics, wars and terrorist activities that may have an adverse impact on the Company's business and financial results and result in component shortages and increased lead times that may negatively impact the Company's ability to ship its products;inflationary and tariff risks;customer concentrations and length of billing and collection cycles, which may be impacted in the event of a global recession or economic downturn;lengthy sales cycle;ability to enhance the Company's existing proprietary technologies and develop new technologies;achieving additional design wins for the Company's products through the acceptance and adoption of its technology by potential customers and their suppliers;difficulties and delays in the production, testing and marketing of the Company's products;reliance on manufacturing partners to assist successfully with the fabrication of and production of the Company's products;impacts of the end-of-life of the Company's memory products;availability of quantities of the Company's products supplied by its manufacturing partners at a competitive cost;level of intellectual property protection provided by the Company's patents, the expenses and other consequences of litigation, including intellectual property infringement litigation, to which the Company may be or may become a party from time to time;vigor and growth of markets served by the Company's customers and its operations; andother risks identified in the Company's public filings it makes with the Securities and Exchange Commission.Peraso does not intend to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.About Peraso Inc.Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, antenna modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, tactical communications, immersive video and factory automation. For additional information, please visit www.perasoinc.com.Company Contact:Jim Sullivan, CFO
Peraso Inc.
P: 408-418-7500
E: jsullivan@perasoinc.comInvestor Relations Contacts:Shelton Group
Brett L. Perry | Leanne K. Sievers
P: 214-272-0070
E: sheltonir@sheltongroup.comPERASO INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts; unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024 2025 2024 Net Revenue Product $2,764 $3,652 $11,845 $14,248 Royalty and other 105 26 348 325 Total net revenue 2,869 3,678 12,193 14,573 Cost of Net Revenue 1,372 1,609 5,126 7,040 Gross Profit 1,497 2,069 7,067 7,533 Operating Expenses Research and development 1,472 1,617 6,245 9,232 Selling, general and administrative 1,304 2,081 5,805 8,673 Severance and software license obligations - - (223) 2,063 Total operating expenses 2,776 3,698 11,827 19,968 Loss from operations (1,279) (1,629) (4,760) (12,435) Change in fair value of warrant liabilities 40 44 31 1,693 Other income (expense), net (4) 25 (24) 14 Net loss $(1,243) $(1,560) $(4,753) $(10,728) Net loss per share Basic and diluted $(0.13) $(0.37) $(0.67) $(3.57) Shares used in computing net loss per share Basic and diluted 9,235 4,269 7,064 3,002 PERASO INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, unaudited) December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $2,886 $3,344 Accounts receivable, net 1,219 682 Inventories 1,168 2,079 Prepaid expenses and other 195 188 Total current assets 5,468 6,293 Property and equipment, net 363 512 Right-of-use lease assets 143 267 Other 105 134 Total assets $6,079 $7,206 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $679 $1,036 Deferred revenue 8 341 Short-term lease liabilities 95 139 Accrued expenses and other 540 1,987 Total current liabilities 1,322 3,503 Long-term lease liabilities 97 182 Warrant liabilities 24 55 Total liabilities 1,443 3,740 Stockholders' equity 4,636 3,466 Total liabilities and stockholders' equity $6,079 $7,206 PERASO INC.
Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share
(In thousands, except per share amounts; unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024 2025 2024 GAAP net loss $(1,243) $(1,560) $(4,753) $(10,728)Stock-based compensation expense - Research and development 70 116 292 1,979 - Selling, general and administrative 54 136 229 1,610 Total stock-based compensation expense 124 252 521 3,589 Amortization of intangibles (1) - Cost of net revenue - 564 - 2,255 - Selling, general and administrative - 252 - 1,007 Total amortization of intangible assets - 816 - 3,262 Severance costs - Research and development - - - 441 - Selling, general and administrative - - - 5 Total severance costs - - - 446 Change in fair value of warrant liabilities (40) (44) (31) (1,693) Non-GAAP net loss $(1,159) $(536) $(4,263) $(5,124) GAAP net loss per share $(0.13) $(0.37) $(0.67) $(3.57)Reconciling items - Stock-based compensation expense - 0.06 0.07 1.19 - Amortization of intangible assets (1) - 0.19 - 1.08 - Severance costs - - - 0.15 Change in fair value of warrant liabilities - (0.01) - (0.56) Non-GAAP net loss per share $(0.13) $(0.13) $(0.60) $(1.71) Shares used in computing non-GAAP net loss per share Basic and diluted 9,235 4,269 7,064 3,002 (1) Non-cash charges for amortization of intangibles arising from acquired assets. These charges are included in cost of net revenue and selling, general and administrative expenses.PERASO INC.
Reconciliation of GAAP Gross Profit to Non-GAAP Gross Profit
(In thousands, except percentages; unaudited) Three Months Ended Twelve Months Ended December 31, 2025 December 31, 2025 GAAP gross profit $1,49752.2% $7,06758.0%Reconciling items: - Amortization of intangibles -0.0% -0.0% Non-GAAP gross profit $1,49752.2% $7,06758.0% Three Months Ended Twelve Months Ended December 31, 2024 December 31, 2024 GAAP gross profit $2,06956.3% $7,53351.7%Reconciling items: - Amortization of intangibles 56415.3% 2,25515.5% Non-GAAP gross profit $2,63371.6% $9,78867.2%PERASO INC.
Reconciliation of GAAP and Non-GAAP Financial Information
(In thousands; unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2025 2024 2025 2024 Reconciliation of GAAP net loss and adjusted EBITDA GAAP net loss $(1,243) $(1,560) $(4,753) $(10,728)Stock-based compensation expense - Research and development 70 116 292 1,979 - Selling, general and administrative 54 136 229 1,610 Stock-based compensation expense 124 252 521 3,589 Amortization of intangibles (1) - 816 - 3,262 Severance costs - - - 446 Change in fair value of warrant liabilities (40) (44) (31) (1,693) Non-GAAP net loss (1,159) (536) (4,263) (5,124)EBITDA adjustments: - Depreciation and amortization 67 133 263 651 - Interest expense - 2 1 11 Adjusted EBITDA $(1,092) $(401) $(3,999) $(4,462)(1) Non-cash charges for amortization of intangibles arising from acquired assets. These charges are included in cost of net revenue and selling, general and administrative expenses.SOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso Announces Fourth Quarter and Full Year 2025 Results

$PRSO Peraso to Announce Fourth Quarter and Full Year 2025 Financial Results

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-to-announce-fourth-quarter-and-full-year-2025-financial-re-1146317

SAN JOSE, CA / ACCESS Newswire / March 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the Company will release its fourth quarter and full year 2025 financial results on Monday, March 16, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.

Conference Call and Webcast Information
Date: Monday, March 16, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-877-545-0523
International Call Number: +1-973-528-0016
Passcode: 703174
Webcast and Slides: Click Here

For those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through March 23, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 53686. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.

Peraso to Announce Fourth Quarter and Full Year 2025 Financial ResultsMarch 11, 2026 4:05 PM
ACCESS NewswireSAN JOSE, CA / ACCESS Newswire / March 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the Company will release its fourth quarter and full year 2025 financial results on Monday, March 16, 2026, after the market close, followed by a conference call at 1:30 p.m. Pacific Time to discuss the Company's results and business outlook.Conference Call and Webcast Information
Date: Monday, March 16, 2026
Time: 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Conference Call Number: 1-877-545-0523
International Call Number: +1-973-528-0016
Passcode: 703174
Webcast and Slides: Click HereFor those unable to listen to the live Web broadcast, an archived webcast can be accessed by visiting the Company's investor relations page at www.perasoinc.com. A replay of the conference call will also be available through March 23, 2026, and can be accessed by calling 1-877-481-4010 and using passcode 53686. International callers should dial 1-919-882-2331 and enter the same passcode at the prompt. Any supporting materials referenced during the live broadcast will be made available on the Investor Relations section of the Company's website following the conclusion of the conference call.About Peraso Inc.
Peraso Inc. (NASDAQ: PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.Investor Relations Contact
Shelton Group
Brett L. Perry
P: 214-272-0070
E: sheltonir@sheltongroup.comSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso to Announce Fourth Quarter and Full Year 2025 Financial Results

PRSO.................................https://stockcharts.com/sc3/ui/?s=PRSO&p=W&b=5&g=0&id=p86431144783

$2.45+ 😃

$PRSO 💹

Found Early: $PRSO - Up 152% - #DDAmanda Chart

Don't miss the next one: https://DDAmanda.com



Z

Moving again now nice! 😃

$PRSO 💹

$2.07 HOD 😃

$PRSO 💹 🚀

Sells picking up. The party is over?

$1.85+ 😃

$PRSO 💹 🚀

$1.65+ 😃

=================

PRSO Institutional Holdings
Ownership Summary
Institutional Ownership 4.00%
Total Shares Outstanding (millions) 9

Active Positions | Holders | Shares
Increased Positions | 10 | 139,547
Decreased Positions | 9 | 117,200
Held Positions | 5 | 115,573
Total Institutional Shares | 24 | 372,320

https://www.nasdaq.com/market-activity/stocks/prso/institutional-holdings

=================

PRSO Number of Insider Shares Traded
Insider Trade | 3 Months | 12 Months
Number of Shares Bought | 200,000 | 200,000
Number of Shares Sold | 0 | 197

https://www.nasdaq.com/market-activity/stocks/prso/insider-activity

$PRSO 💹

PRSO...............................p/m

$PRSO Peraso 60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military Applications

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/peraso-60-ghz-mmwave-technology-selected-for-next-generation-dron-1144570

Peraso Solutions Enable Secure Drone Communications in InTACT's Advanced Identification Platform

SAN JOSE, CALIFORNIA / ACCESS Newswire / March 6, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") today announced that its 60 GHz millimeter-wave (mmWave) semiconductor technology has been selected by InTACT, an Israeli defense contractor, for use in a new drone Identification Friend or Foe (IFF) system designed to operate in highly contested electronic warfare environments.

As modern battlefields become increasingly saturated with unmanned systems, the ability to quickly and reliably identify friendly drones has become a critical operational requirement for military forces. InTACT's IFF system enables secure identification between drones and ground forces, allowing counter-drone systems and battlefield operators to determine whether aerial platforms are friendly or hostile.

At the core of the system, Peraso's 60 GHz beamforming wireless transceivers provide the communications backbone for highly directional, low-power links that reduce the likelihood of detection or interception, making them well suited for dense electronic warfare environments.

"With the rapid proliferation of drones on the battlefield, secure identification systems are becoming essential to prevent friendly-fire incidents and enable safe coordination between unmanned and manned forces," said Ron Glibbery, CEO of Peraso. "Our 60 GHz mmWave technology is designed to provide a secure, directional communications channel ideally suited for these environments, enabling advanced systems such as the IFF platform developed by InTACT."

Modern military operations increasingly rely on large numbers of drones performing reconnaissance, strike, logistics, and electronic warfare missions, creating what military planners often describe as a "cluttered sky." In such environments, the ability to rapidly distinguish between friendly and hostile systems is essential for both force protection and operational effectiveness.

The IFF system addresses this challenge by enabling mutual authentication between drones and ground forces, providing real-time identification capabilities that support infantry units, command systems, and counter-UAS defenses. The platform is designed to operate reliably in contested electromagnetic environments, where traditional radio communications can be easily detected or jammed.

"In modern warfare, identification systems must be secure, resilient, and extremely difficult for adversaries to detect or disrupt," said Meir Rapaport, CEO of InTACT. "By leveraging Peraso's advanced 60 GHz mmWave technology, we have been able to develop a stealthy and robust identification solution designed specifically for drone-dense battlefields."

InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:

Highly directional beamforming communications

Low probability of detection and interception

Low power consumption for battery-operated platforms

Compact integration for drones and soldier-borne systems

Peraso Inc. and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone identification applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.

this is big imo~
$PRSO flying up this morning

Peraso 60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military ApplicationsMarch 6, 2026 8:00 AM
ACCESS NewswirePeraso Solutions Enable Secure Drone Communications in InTACT's Advanced Identification PlatformSAN JOSE, CALIFORNIA / ACCESS Newswire / March 6, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") today announced that its 60 GHz millimeter-wave (mmWave) semiconductor technology has been selected by InTACT, an Israeli defense contractor, for use in a new drone Identification Friend or Foe (IFF) system designed to operate in highly contested electronic warfare environments.As modern battlefields become increasingly saturated with unmanned systems, the ability to quickly and reliably identify friendly drones has become a critical operational requirement for military forces. InTACT's IFF system enables secure identification between drones and ground forces, allowing counter-drone systems and battlefield operators to determine whether aerial platforms are friendly or hostile.At the core of the system, Peraso's 60 GHz beamforming wireless transceivers provide the communications backbone for highly directional, low-power links that reduce the likelihood of detection or interception, making them well suited for dense electronic warfare environments."With the rapid proliferation of drones on the battlefield, secure identification systems are becoming essential to prevent friendly-fire incidents and enable safe coordination between unmanned and manned forces," said Ron Glibbery, CEO of Peraso. "Our 60 GHz mmWave technology is designed to provide a secure, directional communications channel ideally suited for these environments, enabling advanced systems such as the IFF platform developed by InTACT."Modern military operations increasingly rely on large numbers of drones performing reconnaissance, strike, logistics, and electronic warfare missions, creating what military planners often describe as a "cluttered sky." In such environments, the ability to rapidly distinguish between friendly and hostile systems is essential for both force protection and operational effectiveness.The IFF system addresses this challenge by enabling mutual authentication between drones and ground forces, providing real-time identification capabilities that support infantry units, command systems, and counter-UAS defenses. The platform is designed to operate reliably in contested electromagnetic environments, where traditional radio communications can be easily detected or jammed."In modern warfare, identification systems must be secure, resilient, and extremely difficult for adversaries to detect or disrupt," said Meir Rapaport, CEO of InTACT. "By leveraging Peraso's advanced 60 GHz mmWave technology, we have been able to develop a stealthy and robust identification solution designed specifically for drone-dense battlefields."InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:Highly directional beamforming communicationsLow probability of detection and interceptionLow power consumption for battery-operated platformsCompact integration for drones and soldier-borne systemsPeraso Inc. and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone identification applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. All statements in this release that are not based on historical fact are "forward-looking statements." These statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "strategy," "goal," or "planned," "seeks," "may," "might", "will," "expects," "intends," "believes," "should," and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address availability, operating performance, and advantages of the products of Peraso and InTACT, the expected benefits of Peraso's collaboration with InTACT and anticipated use of mmWave technology in drone and other military applications, that are not otherwise historical facts, are forward-looking statements.Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in drone and defense applications, the availability and performance of Peraso's products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso's ICs and modules, availability of quantities of ICs supplied by Peraso's manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso's patents, vigor and growth of markets served by Peraso's customers and its operations, and other risks, including the risks discussed in Peraso's Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.###Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.comCompany Contact
Ron Glibbery
CEO, Co-FounderSOURCE: Peraso Inc.View the original press release on ACCESS NewswireOriginal: Peraso 60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military Applications

Peraso 60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military Applications

March 6, 2026

Peraso Solutions Enable Secure Drone Communications in InTACT's Advanced Identification Platform

SAN JOSE, CALIFORNIA / ACCESS Newswire / March 6, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso") today announced that its 60 GHz millimeter-wave (mmWave) semiconductor technology has been selected by InTACT, an Israeli defense contractor, for use in a new drone Identification Friend or Foe (IFF) system designed to operate in highly contested electronic warfare environments.

As modern battlefields become increasingly saturated with unmanned systems, the ability to quickly and reliably identify friendly drones has become a critical operational requirement for military forces. InTACT's IFF system enables secure identification between drones and ground forces, allowing counter-drone systems and battlefield operators to determine whether aerial platforms are friendly or hostile.

At the core of the system, Peraso's 60 GHz beamforming wireless transceivers provide the communications backbone for highly directional, low-power links that reduce the likelihood of detection or interception, making them well suited for dense electronic warfare environments.

"With the rapid proliferation of drones on the battlefield, secure identification systems are becoming essential to prevent friendly-fire incidents and enable safe coordination between unmanned and manned forces," said Ron Glibbery, CEO of Peraso. "Our 60 GHz mmWave technology is designed to provide a secure, directional communications channel ideally suited for these environments, enabling advanced systems such as the IFF platform developed by InTACT."

Modern military operations increasingly rely on large numbers of drones performing reconnaissance, strike, logistics, and electronic warfare missions, creating what military planners often describe as a "cluttered sky." In such environments, the ability to rapidly distinguish between friendly and hostile systems is essential for both force protection and operational effectiveness.

The IFF system addresses this challenge by enabling mutual authentication between drones and ground forces, providing real-time identification capabilities that support infantry units, command systems, and counter-UAS defenses. The platform is designed to operate reliably in contested electromagnetic environments, where traditional radio communications can be easily detected or jammed.

"In modern warfare, identification systems must be secure, resilient, and extremely difficult for adversaries to detect or disrupt," said Meir Rapaport, CEO of InTACT. "By leveraging Peraso's advanced 60 GHz mmWave technology, we have been able to develop a stealthy and robust identification solution designed specifically for drone-dense battlefields."

InTACT's IFF solution, powered by Peraso's mmWave semiconductor chips, offers several key advantages for tactical communications systems, including:

• Highly directional beamforming communications
• Low probability of detection and interception
• Low power consumption for battery-operated platforms
• Compact integration for drones and soldier-borne systems

Peraso Inc. and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone identification applications. To learn more about Peraso's mmWave solutions, please visit www.perasoinc.com.

About Peraso Inc.
Peraso Inc. (NASDAQ:PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software, and IP. Peraso supports a variety of applications, including fixed wireless access, military, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.

Media Contact
Tyler Weiland
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Ron Glibbery
CEO, Co-Founder

SOURCE: Peraso Inc.

$PRSO 💹

PRSO $0.955 +2.93% - Perfect defense/AI crossover. Mobix Labs all-stock premium IOI + Virewirx 60GHz Robotaxi data links + Benchmark $3 PT. mmWave semis = Tesla fleet + DoD tactical backbone. Q4 $2.8-3.1M guide. $20M?$120M path. Core hold at sub-$1.

$PRSO $MOBX Mobix Labs and Peraso Engage in Further Discussions Regarding a Potential Strategic Transaction

https://www.globenewswire.com/news-release/2026/01/21/3222652/0/en/Mobix-Labs-and-Peraso-Engage-in-Further-Discussions-Regarding-a-Potential-Strategic-Transaction.html

IRVINE, Calif., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs”), a rapidly growing fabless semiconductor and connectivity company serving the defense, aerospace, and high-reliability markets, today announced that it engaged in further discussions with Peraso, Inc. (Nasdaq: PRSO) (“Peraso”) regarding a potential strategic transaction.

Mobix Labs previously announced that the parties had entered into a mutual confidentiality agreement to support discussions. The parties are conducting customary, confidential diligence. While discussions continue, no agreement has yet been reached regarding transaction structure, consideration, timing, or other material terms. There can be no assurance that these discussions will result in a definitive agreement or that any transaction will be consummated.

Mobix Labs has delivered to Peraso a non-binding indication of interest contemplating a potential all-stock transaction at a premium to Peraso’s trading price, subject to further diligence, negotiation, and the execution of definitive documentation. Any such transaction would be subject to customary approvals and conditions.

“We believe there is an important strategic opportunity to explore,” said Phil Sansone, Chief Executive Officer of Mobix Labs. “Peraso’s wireless capabilities are highly complementary to Mobix Labs’ high-reliability connectivity and defense-focused platform. If completed, we believe a combination could accelerate our strategy to build a broader, differentiated technology company positioned for long-cycle, mission-critical markets and meaningful long-term value creation.”

Mobix Labs does not intend to provide further updates unless and until it determines additional disclosure is appropriate or required.

$PRSO news:
https://investorshub.advfn.com/stock-market/NASDAQ/peraso-PRSO/stock-news/97657702/mobix-labs-and-peraso-engage-in-further-discussion

PRSO...............................https://stockcharts.com/sc3/ui/?s=PRSO&p=w&b=5&g=0&id=p86431144783

The appointment of Cees Links to the board on Dec 23 is one of the more underappreciated signals here. This is the wireless veteran who helped create Wi-Fi as we know it, and executives of that caliber typically don’t join microcap boards without a clear strategic objective—either a meaningful commercialization phase or a defined exit path.

With Danelfin AI currently rating $PRSO 8/10 (Buy) and Mobix Labs still at the table with a $1.30 cash proposal, the risk/reward below $1.00 looks increasingly asymmetric.

Just my take, but leadership moves often tell the story before the headlines do. GLTA.

$PRSO Peraso stock rating reiterated by Benchmark on strengthening adoption trends

https://www.investing.com/news/analyst-ratings/peraso-stock-rating-reiterated-by-benchmark-on-strengthening-adoption-trends-93CH-4393720

Investing.com - Benchmark has reiterated a Speculative Buy rating on Peraso, Inc. (NASDAQ:PRSO) with a price target of $3.00, citing strengthening adoption trends across multiple markets. This target represents significant upside potential from the current price of $0.96, though InvestingPro data shows the stock generally trades with high price volatility.

The firm noted that Peraso’s pre-production products increased to a record 12 from 7 last quarter, demonstrating an expanding commercial pipeline. During the quarter, the company secured an order from a leading global Fixed Wireless Access (FWA) equipment provider that serves major service operators.

Benchmark highlighted rising interest in 6 GHz technology opening additional opportunities for Peraso, while recently completed field trials for next-generation tactical communications are driving increased activity from defense customers. The company is also seeing development in adjacent markets including Edge AI, last-mile delivery, drones, and autonomous vehicles.

The qualified pipeline remains robust with over 30 SKUs, now refined to focus on the highest-probability near- and intermediate-term programs. With inventory largely normalized and new development cycles beginning to translate into customer adoption, revenue visibility is improving. InvestingPro data reveals the company posted modest revenue growth of 2.14% over the last twelve months, with total revenue of $13 million.

Benchmark maintained its $3 price target based on strengthening fundamentals and an expanding opportunity set for the company. While the company holds more cash than debt with a healthy current ratio of 2.25, InvestingPro analysis indicates it is not yet profitable. Discover 10+ additional ProTips and comprehensive financial analysis in the Pro Research Report available for Peraso and 1,400+ other US equities.

In other recent news, Peraso Inc. reported a notable increase in revenue for the third quarter of 2025, primarily attributed to its millimeter wave products. The company also shared its revenue guidance for the fourth quarter, projecting figures between $2.8 million and $3.1 million. Despite the positive revenue growth, the company’s stock experienced a decline during regular trading hours. However, it saw a slight recovery in aftermarket trading. These developments come amidst cautious optimism about future earnings. Investors are closely monitoring the company’s performance and market strategies. The recent earnings report has drawn attention from analysts and investors alike.