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Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology, is seeing a surge in trading volume following the announcement of SAF Tehnika JSC’s (NASDAQ: SAF1R) FreeMile 60 radio, a game-changing device for Fixed Wireless Access (FWA). The FreeMile 60 is designed with Peraso’s advanced Perspectus mmWave modules featuring the X720 chipset, harnessing the unlicensed 60 GHz spectrum to offer high-capacity, 90-degree beamforming coverage. This breakthrough enables Wireless Internet Service Providers (WISPs) to efficiently expand network coverage with minimal infrastructure, fueling the demand for alternative broadband solutions worldwide.
SAF Tehnika, a global innovator in digital microwave transmission equipment based in Latvia, specializes in wireless backhaul solutions essential for digital voice and data transmission in both fixed and mobile network infrastructures. With FreeMile 60, SAF Tehnika adds powerful backhaul capabilities to its portfolio, enabling operators to tap into the rising market for robust, high-speed mmWave broadband solutions.
Ron Glibbery, CEO of Peraso, emphasized that SAF’s use of the Perspectus platform for FreeMile 60 is a key step in expanding 60 GHz FWA networks to bridge the digital divide with alternative broadband solutions. SAF Product Manager Jānis Vinķelis praised Peraso’s modules for their affordability, reliability, and adaptability to diverse customer needs globally. With over a decade of mmWave expertise, Peraso is committed to meeting the rising demand for unlicensed 60 GHz broadband solutions in the $3.4 billion FWA market.
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All companies, including Peraso Inc. (NASDAQ: $PRSO), are driving disruptive innovations across their industries, positioning their stocks for significant growth.