Peraso Enters Into Contract To Deliver Mission-Critical Wireless 60GHz Communications Technology For Global Military Operations

Stealthy 60GHz mmWave Technology Enhances Tactical Communications

Peraso Inc. ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the execution of a new strategic contract aimed at delivering mission-critical applications to global military and defense forces. Under this collaboration with a leading specialized defense contractor with expertise in mission-critical communications, Peraso will deliver innovative solutions designed to enhance tactical communications and safety. Together, the two companies have created a product that will provide heightened communications to safeguard both military personnel and non-combatants, such as medics, peacekeepers, and journalists operating in high-risk environments.

"The stealthy nature of 60GHz communications leads to very low probability of detection on the battlefield, as well as a strong immunity to jamming," said Ron Glibbery, CEO of Peraso. "These features of 60GHz communications have become a ‘must have' in the military environment, and Peraso's expertise in mmWave applications were the essential reason we were able secure this contract. We are proud to contribute innovations designed to support those on the front lines and address critical battlefield challenges."

The Company believes this collaboration and contract represent significant commercial potential for Peraso, with a total addressable market of at least the NATO alliance of 3.44M active military personnel. The Company expects to commence initial production shipments of the product in Q2, 2025.

With its advanced mmWave capabilities, ultra-low latency and low probability of intercept, Peraso's product platform continues to gain traction in security and defense applications, enabling next-generation safety and intelligence tactical solutions.

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. For more information, visit www.perasoinc.com.