What Peraso does

Peraso is a fabless semiconductor company headquartered in San Jose, California that designs and sells 60 GHz mmWave silicon, modules, and supporting software and IP for unlicensed wireless communications. Founded in 2008, Peraso invested over $100 million in mmWave R&D and holds more than 40 patents covering beamforming, phased array antenna design, and baseband signal processing. Its product portfolio spans IEEE 802.11ad-compliant baseband chipsets (including the X720 and PRM2140X), 60 GHz beamforming RFICs, multi-element phased array antenna modules, the PERSPECTUS family of point-to-multipoint FWA modules supporting up to 32 clients, the PRS1520 dual-band 5G beamformer IC, and a software MAC stack (Falcon-X). Following its December 2021 reverse merger with MoSys, the company also offers memory and accelerator ICs (BE3-RMW, BE3BURST, PHE, Quazar QPR, LineSpeed retimers) for FPGA acceleration and networking applications.

Peraso serves four primary markets: fixed wireless access for WISPs and telecom carriers (its core segment, with 8 OEM customers and cumulative orders of $6.4 million by August 2022), aerospace and defense (US Defense Forces, Israeli defense contractor InTACT for drone IFF modules, Asia-Pacific rail operators), wireless video and Metaverse applications (untethered AR/VR), and transportation/V2X. The company went public on Nasdaq under ticker PRSO in December 2021 via the MoSys business combination.

Peraso monetizes primarily through hardware sales of mmWave chipsets and modules, supplemented by licensing/IP revenue and evaluation kit sales via its online store. The go-to-market combines direct enterprise sales ([email protected]) with a global distribution network anchored by Richardson RFPD (260 customer-facing staff, 45 FAEs, 8 RF labs) and regional distributors in Taiwan (Alltek), Japan (Cornes), China (CEAC International, Gateway Tech), and Korea (Miliwave). Q1 2022 revenue was $3.4 million with product revenue up 205% year-over-year; the company recorded $7.3 million of negative LTM free cash flow and secured a $25 million committed equity facility from Roth Principal Investments in July 2026 to fund expansion into drone, defense, and tactical communications. Pricing is not publicly disclosed, and products are qualified to ISO 9001:2015 carrier-grade reliability standards.

Name

Peraso

Legal name

Peraso, Inc.

Website

https://perasoinc.com

Company type

Public

Founded year

2008

Operating status

Operating

Short description

Peraso is a publicly traded fabless semiconductor company (NASDAQ: PRSO) that designs 60 GHz mmWave chipsets, phased array antenna modules, and 5G beamformer ICs for fixed wireless access providers, defense and aerospace customers, and wireless video applications.

Ownership category

akta.pro rank

Product category

mmWave Wireless Semiconductors

NAICS

Semiconductor and Related Device Manufacturing (334413), Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (334220), Other Communications Equipment Manufacturing (33429)

SIC

Semiconductors & Related Devices (3674), Computer Communications Equipment (3576)

akta.pro primary industry

Mobile & Wireless Connectivity SoCs (Modem/Wi‑Fi/Bluetooth/GNSS) (HDAHABAA)

akta.pro secondary industries

RF Transceivers & RFIC SoCs (Cellular/Wi‑Fi/Bluetooth) (HDAHAMAE), RF Front-End Modules (FEMs) & Integrated RF Modules (HDAHAMAA), Fixed Wireless Access (FWA) CPE (LTE/5G/mmWave) (HDAFAIAE)

Keywords

• MmWave semiconductors
• 60 GHz wireless chipsets
• Fixed wireless access silicon
• 5G beamforming ICs
• Tactical communications hardware

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Semiconductor/MmWave Product Sales: Revenue from sale of mmWave integrated circuits (ICs), chipsets, and modules including PERSPECTUS family, PRM2140X series, and X720 chipset. Product revenue showed 205% year-over-year growth in Q1 2022.
2. Licensing and IP: Revenue from licensing of proprietary technology and intellectual property including the company's mmWave patents and semiconductor designs
3. Memory IC Products: Sale of Bandwidth Engine memory products including BE3-RMW, BE3-BURST, and PHE programmable memory ICs for FPGA acceleration and networking applications

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels6 records

Core offering

Peraso develops and sells 60 GHz mmWave semiconductor chipsets, integrated modules, and supporting firmware/software that enable multi-gigabit wireless links for fixed wireless access, 5G, defense, and transportation applications. Following its 2021 merger with MoSys, the company also sells high-performance memory and accelerator ICs (Bandwidth Engine 3, PHE, LineSpeed family) for FPGA acceleration and networking.

Product overview

Peraso is a semiconductor company specializing in 60 GHz mmWave wireless technology, offering a comprehensive product portfolio spanning chipsets, modules, and memory ICs. The core mmWave offerings include 60 GHz silicon solutions (IEEE 802.11ad-compliant baseband, beamforming RFICs, phased array antenna modules) and the PERSPECTUS family of FWA modules. Following the 2021 merger with MoSys, the company also offers memory and accelerator products including the BE3-RMW, BE3BURST, and PHE (Programmable HyperSpeed Engine) memory ICs, Quazar QPR memories, and LineSpeed high-speed interface products. The product line serves fixed wireless access, aerospace and defense, transportation, wireless video/Metaverse, and data/telecom networking applications.

Differentiator

Problem solved

Functional benefit

Brands

• PERSPECTUS: Family of 60 GHz modules for Fixed Wireless Access enabling high-capacity, multi-gigabit FWA networks in unlicensed spectrum.
• PRS1520
• PERSPECTUS
• BE3RMW (Bandwidth Engine 3)
• PHE (Programmable HyperSpeed Engine)

Products and services

• 60 GHz mmWave Chipsets Semiconductor chipset solutions for unlicensed 60 GHz (mmWave) spectrum including IEEE 802.11ad-compliant baseband, 60 GHz beamforming RFICs, and integrated phased array devices. Enables multi-gigabit wireless links over 20 km and is sold to OEMs and equipment manufacturers for fixed wireless access, 5G, defense, and transportation applications.
• PERSPECTUS Family of Modules Integrated 60 GHz modules for Fixed Wireless Access with enhanced 802.11ad/ay protocol, providing industry-leading efficiency for point-to-multipoint, multi-gigabit FWA networks supporting up to 32 client stations per access point. Link ranges from 1.5 km to 30 km. Sold to WISPs and FWA OEMs.
• PRS1520 Dual-Band 5G Beamformer IC Dual-band 5G beamformer IC supporting the 24-44 GHz band with 32 dual-band channels for 5G end-user equipment including customer premise equipment (CPE), laptops, tablets, and hotspots. Sold to 5G equipment OEMs.
• X720 Chipset IEEE 802.11ad-compliant chipset integrating both baseband and mmWave phased array device in a single vendor solution, supporting the full V-band frequency range (57-71 GHz). Designed for 5G base station backhaul applications; sold to OEMs such as Jaguar Wave for their PTP6151 radio.
• PRM2140X Phased Array Modules 802.11ad mmWave phased array modules for point-to-multipoint fixed wireless access with long-range outdoor capabilities covering the 57-71 GHz spectrum. Sold to FWA OEMs; achieved a $3M tier-1 FWA OEM purchase order in January 2022.
• BE3-RMW Bandwidth Engine 3 Memory IC High-performance SRAM memory IC with 1.152 Gb capacity, SerDes I/O interface, and embedded In-Memory BURST and RMW functions, providing deterministic latency and up to 5 billion transactions per second. Sold for FPGA acceleration and high-speed networking applications.
• BE3BURST Bandwidth Engine 3 Burst Memory IC Bandwidth Engine 3 memory IC focused on BURST functions for accelerating data movement in and out of memory, reducing command cycles for faster data transfer performance. Sold for FPGA acceleration and networking applications.
• PHE Programmable HyperSpeed Engine Memory IC Memory IC featuring four levels of memory and 32 RISC processor cores for user-programmable In-Memory Functions, enabling user-defined custom functions to run in-memory for application-specific acceleration. Supports up to 24 billion memory transfers. Sold for networking and HPC applications.
• Quazar Family (QPR) Quad Partition Rate Memory ICs Quad Partition Rate memory ICs providing high-speed random access memory with parallel architecture for networking and communications applications.
• LineSpeed Family of High-Speed Serial Interface Products High-speed serial interface products including 100G retimers, gearboxes, and multiplexers with RS-FEC for data and telecom network applications.
• 60 GHz Evaluation Kits (EVK) 60 GHz evaluation kits (e.g., EVK-PRS1520) that enable customers to evaluate Peraso's mmWave technology across various applications and accelerate time to market. Sold through Richardson RFPD and the company website shop for evaluation purposes.
• Falcon-X Infrastructure MAC Software MAC layer software platform supporting up to 32 client stations operating at multi-gigabit rates with configurable channel access scheduling for network optimization. Sold as a standalone software platform to FWA customers alongside PERSPECTUS modules.
• PTP6151 Point-to-Point mmWave Radio (Jaguar Wave / Peraso) Point-to-point mmWave radio for 5G base station backhaul developed by OEM partner Jaguar Wave using Peraso's X720 chipset. Achieved data rates of 990 Mbps at 850 meters during China Unicom (Shenzhen) testing. Sold via OEM partner for 5G backhaul.

Quantifiable outcome

• Nearly 2 million semiconductor devices sold with design wins in volume production
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered core.

• Virewirx, Inc.coreTechnology or Integration · 10 June 2026Peraso and Virewirx collaborated to demonstrate a 60 GHz wireless network cluster achieving 50Gbps+ peak aggregate data capacity for drone swarms and autonomous systems. Peraso provided its 60 GHz wireless semiconductor solutions while Virewirx contributed its VX60 High Performance Wireless Network technology.
• InTACTcoreStrategic or Co-development Partner · 14 April 2026Israeli defense contractor InTACT received initial limited production shipment of Peraso's 60GHz modules optimized for military Identification Friend or Foe (IFF) applications including infantry and drone deployments. The integrated solution combines Peraso's advanced hardware with InTACT's IFF protocol software.
• Richardson RFPDcoreChannel Partner/ Reseller/ Distributor · 7 June 2022Global distribution agreement enabling Richardson RFPD to sell Peraso's RF products on a global basis. Richardson RFPD provides technical resources including 260 customer-facing staff, 45 FAEs, 8 RF engineering labs, and worldwide stocking locations.
• Jaguar Wave TechnologycoreOEM/ Whitelabel/ Licensing Partner · 19 January 2022Jaguar Wave utilizes Peraso 60GHz X720 chipset for 5G backhaul products. China Unicom (Shenzhen) issued corporate seal to Jaguar Wave/Peraso product PTP6151 after successful testing. Peraso's X720 is the only IEEE802.11ad-compliant chipset with both baseband and mmWave phased array device from a single vendor supporting full V-band frequency range.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Qorvo: Qorvo is a major RF semiconductor supplier offering RF front-end modules, beamformers, and transceivers used in 5G base stations and end-user equipment, overlapping with Peraso's RFIC and beamformer products.
• Renesas Electronics (IDT): Renesas, following its acquisition of Integrated Device Technology (IDT), supplies specialty memory and serial-interface ICs for networking and communications; it is a direct counterpart to the legacy MoSys memory business now housed within Peraso.
• Skyworks Solutions: Skyworks is a leading RF semiconductor supplier across mobile and wireless infrastructure markets; it serves FWA and 5G OEMs with broader product portfolios and incumbency advantages relative to Peraso.
• Qualcomm: Qualcomm is a dominant mobile/5G chipset incumbent that develops wireless connectivity SoCs, RF transceivers, and modem platforms; it competes with Peraso in 5G end-user equipment and has substantially greater R&D and OEM relationships.
• Broadcom: Broadcom provides a broad portfolio of wireless connectivity, RF, and networking semiconductors, including components used in FWA, Wi-Fi, and 5G end-user equipment, positioning it as a large incumbent adjacent to Peraso.

Direct peers

• Blu Wireless: Blu Wireless builds 60 GHz mmWave chipset solutions for fixed wireless access, rail, and defense, directly comparable to Peraso's mmWave silicon and modules targeting similar customers and use cases.
• Airgain: Airgain develops advanced antenna systems, including mmWave phased array modules, for FWA, 5G, and defense applications, overlapping with Peraso's integrated phased array antenna module offerings.
• GSI Technology: GSI Technology designs specialty high-speed memory ICs (SRAM) for networking and communications, comparable to Peraso's legacy MoSys Bandwidth Engine and PHE memory product lines.
• Movandi: Movandi designs mmWave RF front-end ICs, antennas, and complete modules for 5G and mmWave wireless applications, directly competing with Peraso across 60 GHz and 5G fixed wireless access markets.

Others

• Cambium Networks: Cambium Networks builds fixed wireless broadband equipment using mmWave and other wireless technologies; it is both a customer/ecosystem participant for Peraso's mmWave silicon and a downstream comparable in the FWA equipment market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peraso