Peraso Technologies

Peraso Technologies Inc. is a Canadian fabless semiconductor company, founded in 2008, that specializes in millimeter-wave (mmWave) technology for high-speed wireless communication. The company originated from research conducted at the University of Toronto by Professor Sorin Voinigescu and his students. The founding team includes Ronald Glibbery (CEO), Brad Lynch (COO), and Alexander Tomkins (CTO). Glibbery and Lynch brought executive experience from prior roles at wireless and semiconductor firms like Intellon and Kleer Semiconductor, providing a strong commercial and technical foundation.

Peraso operates on a business-to-business (B2B) model, generating revenue through the direct sale of its mmWave products, including integrated circuits (ICs) and fully tested modules, as well as through intellectual property licensing. The company serves a global client base across telecommunications, consumer electronics, aerospace and defense, and transportation. Its business strategy focuses on providing complete, in-house solutions that span from silicon to software, which helps clients reduce development time and accelerate market entry. A significant milestone was achieved in December 2021, when Peraso Technologies merged with MoSys, Inc. in a reverse merger, leading to its listing on the Nasdaq stock exchange under the ticker symbol PRSO.

The company's core products are centered on the 60 GHz unlicensed spectrum and 5G mmWave bands, enabling multi-gigabit data speeds with low latency. Peraso offers a comprehensive portfolio that includes baseband ICs, beamforming radio frequency ICs (RFICs), and phased array antenna modules. These components are designed for a variety of demanding applications, such as Fixed Wireless Access (FWA), which provides a cost-effective alternative to fiber optic installation, tactical communications for military use, high-bandwidth wireless video, and connectivity for augmented and virtual reality (AR/VR). A key feature of Peraso's technology is its beamforming capability, which focuses radio signals into narrow beams to minimize interference and support reliable, long-distance links exceeding 20 kilometers. The solutions also offer symmetrical data rates, ensuring equally fast upload and download speeds, a crucial feature for modern AI-driven applications.

Keywords: mmWave technology, 60 GHz, fabless semiconductor, wireless communication, 5G, Fixed Wireless Access, FWA, beamforming, phased array antenna, integrated circuits, RFIC, tactical communications, wireless video, AR/VR connectivity, gigabit wireless, low latency communication, IEEE 802.11ad, multi-gigabit links, semiconductor solutions, wireless infrastructure, Peraso Inc., Ronald Glibbery, Nasdaq:PRSO