Peraso Secures $1.4M Follow-On Order, Further Validating The Benefits Of mmWave In High-Density Environments
Peraso Inc. ("Peraso" or the "Company"), a leading provider of mmWave wireless technology for fixed wireless access ("FWA"), today announced a $1.4M follow-on purchase order from a prominent South African wireless Internet service provider ("WISP"). This order for Peraso's innovative mmWave equipment builds on an initial production order secured and shipped in the second quarter of 2024.
"We believe this repeat order is a testament to the performance and reliability of our mmWave technology in addressing the critical connectivity needs of underserved communities and that it further validates the strong and growing demand for Peraso's solutions in dense urban markets," said Ron Glibbery, CEO of Peraso. "We are proud to partner with WISPs in South Africa and worldwide with the goal of delivering high-quality internet access that empowers individuals and businesses alike."
Peraso's mmWave technology operates in the unlicensed 60 GHz band and offers superior performance in dense urban environments, where traditional 5 GHz/6 GHz licensed devices can struggle with interference and congestion. This advantage is particularly crucial in South Africa, where reliable connectivity is essential for economic growth and social development. Furthermore, Peraso's low-power consumption technology provides significant benefits in a market heavily reliant on battery backup systems due to frequent power outages. "The rapid growth of internet users in Africa presents an important opportunity to bridge the digital divide," added Glibbery. "Using real-time, phased array beamforming, coupled with the highly efficient DUNE protocol, we believe Peraso's FWA technology is ideally suited to high density, urban markets."
About Peraso Inc.
Peraso Inc. 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. In addition, Peraso's solutions for data and telecom networks focus on Accelerating Data Intelligence and Multi-Access Edge Computing, providing end-to-end solutions from the edge to the centralized core and into the cloud. For more information, visit www.perasoinc.com.
Source: Peraso Inc.