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Peraso Inc. (NASDAQ: PRSO), a leading innovator in 60GHz mmWave wireless technology, is rapidly expanding its market footprint with strategic wins across defense, education, and broadband infrastructure.
The company has officially entered the $348 billion global EdTech market with its first production order for a 60GHz wireless video distribution system designed for classrooms. Leveraging Peraso’s mmWave tech, the system delivers low-latency, high-definition video streaming in dense environments—avoiding Wi-Fi congestion in schools while enabling seamless remote instruction and digital learning.
Simultaneously, Peraso continues to gain traction in military communications, with its Perspectus module supporting stealth, low-detection, and anti-jamming transmission. These battlefield-grade solutions are currently being deployed under contracts targeting a NATO-aligned addressable market of over 3.4 million active personnel, with broader deployment opportunities on the horizon.
Financially, Peraso is building strong momentum:
- Q4 2024 revenue doubled YoY, with non-GAAP gross margins reaching 71.6%
- Q1 2025 mmWave revenue already exceeded total 2024 mmWave revenue
- Positioned to benefit from U.S. policy tailwinds like the CHIPS Act (semiconductor incentives) and the BEAD Act (rural broadband funding)
These developments build on Peraso’s growing fixed wireless access (FWA) deployments, including a recent $1.4M follow-on order in South Africa and commercial rollouts in North America and Asia.
“With contracts in military and education, and policy-driven growth in broadband and semiconductors, we’re aligning cutting-edge technology with global demand,” said Peraso CEO Ron Glibbery.
Also Moving Aggressively in Today’s Market:
Watch high-volume Nasdaq movers alongside Peraso:
- Gaxos.ai Inc. (NASDAQ: GXAI)
- PainReform Ltd. (NASDAQ: PRFX)
- Laser Photonics (NASDAQ: LASE)
- Loop Industries Inc. (NASDAQ: LOOP)
- Synergy CHC Corp. (NASDAQ: SNYR)
- VCI Global Ltd (NASDAQ: VCIG)
Peraso is strategically positioned at the intersection of military tech, next-gen education, and U.S. infrastructure—making it a key undercard to the Mag 7 narrative.