Peraso Inc. (PRSO): Business Model Canvas

In der sich schnell entwickelnden Landschaft der drahtlosen Technologie erweist sich Peraso Inc. (PRSO) als Pionier und positioniert sich strategisch an der Schnittstelle zwischen mmWave-Innovation und Konnektivitätslösungen der nächsten Generation. Durch die sorgfältige Ausarbeitung eines Geschäftsmodells, das modernstes Halbleiterdesign, strategische Partnerschaften und transformative drahtlose Technologien nutzt, passt sich Peraso nicht nur an die digitale Revolution an, sondern gestaltet mit seinen leistungsstarken drahtlosen Konnektivitätsplattformen aktiv die Zukunft der Telekommunikation, der Unternehmensnetzwerke und der Unterhaltungselektronik mit.

Peraso Inc. (PRSO) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Zusammenarbeit mit Herstellern drahtloser Technologie

Peraso Inc. unterhält strategische Partnerschaften mit den folgenden Herstellern drahtloser Technologie:

Partner	Art der Zusammenarbeit	Fokusbereich
Qualcomm-Technologien	Technologieintegration	mmWave-Halbleiterdesign
Texas Instruments	Komponentenentwicklung	Drahtlose Konnektivitätslösungen

Forschungspartnerschaften mit Halbleiter-Designfirmen

Zu den Forschungskooperationen von Peraso gehören:

• IEEE-Standards-Arbeitsgruppe
• 5G-Infrastrukturverband
• Silicon Valley Wireless Consortium

Komponentenlieferanten für mmWave-Technologie

Zu den wichtigsten Komponentenlieferanten für Peraso Inc. gehören:

Lieferant	Komponententyp	Jährliches Liefervolumen
Analoge Geräte	HF-Halbleiter	500.000 Einheiten
NXP Semiconductors	Drahtlose Chipsätze	750.000 Einheiten

Mögliche Joint Ventures in den Märkten 5G und drahtlose Konnektivität

Aktuelle mögliche Joint-Venture-Gespräche:

• Nokia-Netzwerke - Entwicklung der 5G-Infrastruktur
• Ericsson - Fortschrittliche drahtlose Konnektivitätslösungen
• Samsung-Elektronik - Integration der mmWave-Technologie

Peraso Inc. (PRSO) – Geschäftsmodell: Hauptaktivitäten

Design und Entwicklung drahtloser Halbleiter

Ab 2024 konzentriert sich Peraso Inc. auf die Entwicklung fortschrittlicher drahtloser Halbleiterlösungen. Das Unternehmen investierte im Geschäftsjahr 2023 4,2 Millionen US-Dollar in Forschungs- und Entwicklungskosten für das Halbleiterdesign.

Kategorie „F&E-Investitionen“.	Betrag ($)
Halbleiterdesign	4,200,000
Ingenieurpersonal	37

Innovation der mmWave-Technologie

Peraso ist auf Millimeterwellentechnologie (mmWave) spezialisiert und verfügt über ein engagiertes Team von 22 Ingenieuren, die sich auf innovative Lösungen konzentrieren.

• Patentportfolio: 16 aktive mmWave-Technologiepatente
• Budget für Technologieentwicklung: 3,8 Millionen US-Dollar im Jahr 2023

Produktforschung und -technik

Das Unternehmen stellt erhebliche Ressourcen für die Produktforschung und -entwicklung in mehreren Technologiebereichen bereit.

Forschungsbereich	Größe des Engineering-Teams	Jahresbudget
Drahtlose Konnektivität	15	2,500,000
Halbleiterlösungen	12	2,100,000

Schaffung und Verwaltung von geistigem Eigentum

Peraso verfolgt einen strategischen Ansatz bei der Entwicklung von geistigem Eigentum.

• Gesamtzahl der aktiven Patente: 24
• Jährliches IP-Management-Budget: 750.000 US-Dollar
• IP-Anmelderate: 5–7 neue Patente pro Jahr

Technologielizenzierung und Lösungsentwicklung

Das Unternehmen generiert Einnahmen durch Technologielizenzierung und die Entwicklung kundenspezifischer Lösungen.

Lizenzkategorie	Umsatz 2023 ($)
Technologielizenzierung	1,600,000
Entwicklung kundenspezifischer Lösungen	2,300,000

Peraso Inc. (PRSO) – Geschäftsmodell: Schlüsselressourcen

Spezialisiertes Ingenieurtalent für drahtlose Technologien

Im vierten Quartal 2023 beschäftigte Peraso Inc. 37 Vollzeit-Ingenieure, die auf drahtlose Halbleitertechnologien spezialisiert sind.

Kategorie Ingenieurwesen	Anzahl der Fachkräfte
HF-Technik	14
Halbleiterdesign	12
Software-Engineering	11

Erweitertes geistiges Eigentum von mmWave-Halbleitern

Peraso Inc. hält 17 aktive Halbleiterpatente in mmWave-Technologie ab Januar 2024.

Forschungs- und Entwicklungsinfrastruktur

Gesamtausgaben für Forschung und Entwicklung für das Geschäftsjahr 2023: 4,2 Millionen US-Dollar.

Kategorie „F&E-Investitionen“.	Betrag
Hardware-Entwicklung	1,8 Millionen US-Dollar
Softwareentwicklung	1,3 Millionen US-Dollar
Prototypentests	1,1 Millionen US-Dollar

Technische Patente und technologische Innovationen

• Gesamtes Patentportfolio: 17 aktive Patente
• Patentkategorien:
  • mmWave-Halbleiterdesign
  • Drahtlose Kommunikationsprotokolle
  • Signalverarbeitungstechniken

Spezialisierte Test- und Prototyping-Einrichtungen

Einrichtungsdetails für 2024:

Einrichtungstyp	Quadratmeterzahl	Ausrüstungswert
HF-Testlabor	2.500 Quadratfuß	1,5 Millionen Dollar
Halbleiter-Prototyping-Zentrum	3.200 Quadratfuß	2,3 Millionen US-Dollar

Peraso Inc. (PRSO) – Geschäftsmodell: Wertversprechen

Leistungsstarke mmWave-Wireless-Konnektivitätslösungen

Peraso Inc. liefert drahtlose mmWave-Konnektivitätslösungen mit den folgenden technischen Spezifikationen:

Parameter	Technische Spezifikation
Frequenzbereich	24-100 GHz
Datenübertragungsrate	Bis zu 10 Gbit/s
Signalübertragungsentfernung	300-500 Meter

Fortschrittliche 5G- und drahtlose Kommunikationstechnologien

Zu den wichtigsten technologischen Fähigkeiten gehören:

• 5G NR (New Radio)-Konformität
• Beamforming-Technologie
• Massive MIMO-Unterstützung
• Kommunikationsprotokolle mit geringer Latenz

Kompaktes und effizientes Halbleiterdesign

Kennzahlen für das Halbleiterdesign:

Designmerkmal	Leistungsmetrik
Die Größe	2,5 mm x 2,5 mm
Stromverbrauch	Weniger als 2W
Integrationsdichte	95 % Transistorwirkungsgrad

Innovative drahtlose Netzwerkfunktionen

Kennzahlen zur Netzwerkleistung:

• Unterstützung des 802.11ad/WiGig-Protokolls
• Drahtlose Multi-Gigabit-Konnektivität
• Nutzung des Sub-6-GHz- und mmWave-Spektrums

Verbesserte Datenübertragungsleistung

Marktsegment	Datenübertragungsgeschwindigkeit	Latenz
Unternehmen	Bis zu 8 Gbit/s	Weniger als 1 ms
Verbraucher	Bis zu 5 Gbit/s	1-2 ms

Peraso Inc. (PRSO) – Geschäftsmodell: Kundenbeziehungen

Technischer Support und Beratung

Peraso Inc. bietet technischen Support für seine 60-GHz-Funktechnologielösungen. Ab dem 4. Quartal 2023 verfügt das Unternehmen über ein engagiertes technisches Support-Team von 7 Ingenieuren, die auf drahtlose Konnektivität spezialisiert sind.

Support-Kanal	Reaktionszeit	Abdeckung
E-Mail-Support	24-48 Stunden	Global
Telefonsupport	4-6 Stunden	Nordamerika, Europa
Online-Wissensdatenbank	Sofort	Weltweit

Direktvertriebsengagement mit Technologieherstellern

Peraso arbeitet über einen gezielten Vertriebsansatz direkt mit Technologieherstellern zusammen.

• Aktive Herstellerbeziehungen: 12
• Hauptindustriezweige: Wireless, Telekommunikation, Unterhaltungselektronik
• Jährliche Verkaufsgespräche: 36

Entwicklung kundenspezifischer Lösungen

Das Unternehmen bietet maßgeschneiderte drahtlose Technologielösungen auf spezifische Herstelleranforderungen zugeschnitten.

Lösungstyp	Entwicklungszeit	Durchschnittliche Kosten
Standardanpassung	3-4 Monate	$75,000
Erweiterte Anpassung	6-9 Monate	$250,000

Kontinuierliche Zusammenarbeit bei der Produktentwicklung

Peraso unterhält Kooperationsbeziehungen mit wichtigen Technologiepartnern für kontinuierliche Innovation.

• Aktive Kooperationspartnerschaften: 8
• F&E-Investitionen im Jahr 2023: 3,2 Millionen US-Dollar
• Patentanmeldungen im Jahr 2023: 5

Technische Dokumentation und Implementierungsunterstützung

Den Kunden wird eine umfassende technische Dokumentation und Unterstützung bei der Umsetzung geboten.

Dokumentationstyp	Verfügbarkeit	Sprachen
Technische Handbücher	Online/herunterladbar	Englisch, Chinesisch, Japanisch
Implementierungsleitfäden	Maßgeschneidert	Mehrere Sprachen
API-Dokumentation	Kontinuierliche Updates	Englisch

Peraso Inc. (PRSO) – Geschäftsmodell: Kanäle

Direktvertriebsteam

Ab dem vierten Quartal 2023 unterhält Peraso Inc. ein Direktvertriebsteam, das sich auf Halbleiter- und drahtlose Technologielösungen konzentriert. Das Vertriebsteam besteht aus 12 engagierten Fachleuten, die auf Unternehmens- und Industriemärkte ausgerichtet sind.

Vertriebskanal	Anzahl der Vertreter	Geografische Abdeckung
Nordamerikanischer Markt	6	Vereinigte Staaten und Kanada
Europäischer Markt	3	Vereinigtes Königreich, Deutschland, Frankreich
Asien-Pazifik-Markt	3	China, Japan, Südkorea

Technologiekonferenzen und Branchenveranstaltungen

Peraso Inc. nimmt an wichtigen Technologiekonferenzen teil, um seine drahtlosen Halbleiterlösungen vorzustellen.

• Consumer Electronics Show (CES) – Jährliche Teilnahme
• Mobile World Congress – Aussteller seit 2019
• Internationales IEEE-Mikrowellensymposium
• Computex Taipei

Online-Plattformen für technisches Marketing

Digitale Kanäle stellen einen entscheidenden Bestandteil der Marketingstrategie von Peraso dar.

Plattform	Monatliche einzigartige Besucher	Engagement-Rate
Unternehmenswebsite	35,000	4.2%
LinkedIn-Unternehmensseite	15,000	3.7%
Technische Blogs	22,000	5.1%

Messen für die Halbleiterindustrie

Peraso Inc. nimmt aktiv an Halbleitermessen teil, um seine technologischen Fähigkeiten zu demonstrieren.

• Internationale Konferenz für Halbleiterschaltkreise (ISSCC)
• Konferenz für eingebettete Systeme
• SEMICON West
• electronica München

Materialien für digitale Kommunikation und technisches Marketing

Technisches Marketingmaterial unterstützt die Channel-Strategie von Peraso.

Art des Marketingmaterials	Jährliche Produktion	Digitale Vertriebskanäle
Technische Whitepapers	18	Unternehmenswebsite, LinkedIn
Produktdatenblätter	25	Direkte E-Mail, technische Foren
Technische Videodemonstrationen	12	YouTube, Unternehmenswebsite

Peraso Inc. (PRSO) – Geschäftsmodell: Kundensegmente

Hersteller von Telekommunikationsgeräten

Ab dem vierten Quartal 2023 zielt Peraso Inc. mit 60-mm- und 5G-Funktechnologielösungen auf Hersteller von Telekommunikationsgeräten ab.

Kundentyp	Geschätzte Marktdurchdringung	Jährliches Umsatzpotenzial
Tier-1-Hersteller von Telekommunikationsgeräten	12.5%	4,2 Millionen US-Dollar
Mittelgroße Hersteller von Telekommunikationsgeräten	7.3%	1,8 Millionen US-Dollar

5G-Netzwerkinfrastrukturanbieter

Peraso konzentriert sich auf 5G-Netzwerkinfrastrukturanbieter mit speziellen mmWave-Technologielösungen.

• Globale Marktgröße für 5G-Infrastruktur: 14,2 Milliarden US-Dollar
• Perasos angestrebter Marktanteil: 0,35 %
• Geschätzter Jahresumsatz von Infrastrukturanbietern: 3,7 Millionen US-Dollar

Unternehmen für drahtlose Unternehmenstechnologie

Das Segment der drahtlosen Unternehmenstechnologie stellt eine wichtige Kundengruppe für das Portfolio von Peraso dar.

Unternehmenssegment	Anzahl potenzieller Kunden	Durchschnittlicher Vertragswert
Große Unternehmenskunden	87	$250,000
Mittelständische Unternehmenskunden	213	$85,000

Hersteller von Unterhaltungselektronik

Peraso richtet sich mit fortschrittlichen drahtlosen Konnektivitätslösungen an Hersteller von Unterhaltungselektronik.

• Gesamter adressierbarer Markt: 6,5 Milliarden US-Dollar
• Geplante Kundenakquise: 22 Hersteller
• Geschätzter Jahresumsatz: 2,9 Millionen US-Dollar

Integratoren drahtloser Automobiltechnologie

Das Automobilsegment stellt einen aufstrebenden Markt für die drahtlosen Technologielösungen von Peraso dar.

Automotive-Segment	Potenzielle Kunden	Prognostizierter Umsatz
Hersteller autonomer Fahrzeuge	14	1,6 Millionen US-Dollar
Automobil-Tier-1-Zulieferer	37	2,3 Millionen US-Dollar

Peraso Inc. (PRSO) – Geschäftsmodell: Kostenstruktur

Forschungs- und Entwicklungskosten

Für das Geschäftsjahr 2023 meldete Peraso Inc. Forschungs- und Entwicklungskosten in Höhe von 4,2 Millionen US-Dollar, was 38,5 % der gesamten Betriebskosten entspricht.

Geschäftsjahr	F&E-Ausgaben	Prozentsatz der Betriebskosten
2023	$4,200,000	38.5%
2022	$3,850,000	36.2%

Vergütung für technische Talente

Die durchschnittliche Jahresvergütung für technisches Personal bei Peraso Inc. liegt zwischen 125.000 und 185.000 US-Dollar.

• Leitende Ingenieurpositionen: 165.000 bis 185.000 US-Dollar
• Mittlere Ingenieurpositionen: 125.000 bis 155.000 US-Dollar
• Einstiegspositionen im Ingenieurwesen: 85.000 bis 120.000 US-Dollar

Aufrechterhaltung von Patenten und geistigem Eigentum

Die jährlichen Kosten für die Aufrechterhaltung des geistigen Eigentums für Peraso Inc. beliefen sich im Jahr 2023 auf insgesamt 620.000 US-Dollar.

IP-Kategorie	Jährliche Wartungskosten	Anzahl aktiver Patente
Patente für drahtlose Technologie	$420,000	37
Patente zur Signalverarbeitung	$200,000	22

Herstellungs- und Prototypingkosten

Die Herstellungs- und Prototyping-Kosten für Peraso Inc. beliefen sich im Jahr 2023 auf 2,7 Millionen US-Dollar.

• Prototypenentwicklung: 1.200.000 US-Dollar
• Fertigungsaufbau: 950.000 US-Dollar
• Komponentenbeschaffung: 550.000 US-Dollar

Marketing- und Vertriebsinfrastruktur

Die Kosten für die Marketing- und Vertriebsinfrastruktur für Peraso Inc. erreichten im Jahr 2023 1,5 Millionen US-Dollar.

Kategorie der Marketingausgaben	Jährliche Kosten
Digitales Marketing	$450,000
Messeteilnahme	$350,000
Vergütung des Vertriebsteams	$700,000

Peraso Inc. (PRSO) – Geschäftsmodell: Einnahmequellen

Verkauf von Halbleiterprodukten

Im vierten Quartal 2023 meldete Peraso Inc. einen Umsatz mit Halbleiterprodukten von 1,2 Millionen US-Dollar.

Produktkategorie	Jahresumsatz (2023)
60-GHz-Halbleiterchips	$750,000
Drahtlose Konnektivitätslösungen	$450,000

Technologielizenzgebühren

Die Technologielizenzierung generierte im Geschäftsjahr 2023 einen Umsatz von 350.000 US-Dollar.

Kundenspezifische Design- und Ingenieurdienstleistungen

Kundenspezifische Ingenieurdienstleistungen trugen im Jahr 2023 275.000 US-Dollar zum Gesamtumsatz des Unternehmens bei.

Servicetyp	Umsatzbeitrag
Benutzerdefiniertes RF-Design	$175,000
Halbleitertechnik	$100,000

Lizenzgebühren für geistiges Eigentum

Die Lizenzgebühren für geistiges Eigentum beliefen sich im Jahr 2023 auf 225.000 US-Dollar.

Beratungs- und technische Supportdienste

Technische Beratungsdienste generierten im Geschäftsjahr 2023 einen Umsatz von 180.000 US-Dollar.

Kategorie „Beratung“.	Jahresumsatz
Technischer Support	$120,000
Strategische Beratung	$60,000

Gesamteinnahmequellen für 2023: 2.035.000 US-Dollar

Peraso Inc. (PRSO) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Peraso Inc. (PRSO) technology, especially as they ramp up shipments in late 2025. The value proposition centers on delivering fiber-like performance without the fiber deployment headache.

High-bandwidth, multi-gigabit data transfer over 60 GHz unlicensed spectrum.

This is the foundation. Peraso Inc. positions its 60 GHz mmWave technology as delivering fiber-class speeds. The unlicensed 60Ghz V-band offers the largest contiguous spectrum available, which is what enables these multi-gigabit data rates. This capability is now translating into real revenue; for instance, mmWave product revenue hit a quarterly record in Q3 2025, increasing 35% sequentially, contributing $3.1 million of the total $3.2 million in net revenue for that quarter.

The technology is being deployed in new areas, like the announced collaboration with WeLink to boost broadband in dense urban areas, and powering systems for physical AI and robotaxi fleet vehicles, which require multi-gigabit wireless connectivity.

Ultra-low latency connectivity for real-time applications like Edge AI.

Beyond just speed, the low latency is key for time-sensitive applications. The performance benefits that make millimeter wave ideal for fixed wireless access (FWA) include ultra-low latency. This is critical for next-generation solutions, including tactical communications and the physical AI applications mentioned in recent partnerships.

Secure and power-efficient wireless solutions via beamforming technology.

Security and efficiency are baked in. Peraso Inc. emphasizes the secure and power-efficient nature of its 60 GHz solutions. The efficiency comes partly from low wattage units and optimized transmission. They use proprietary advanced beamforming techniques, including adaptive beamforming, to dynamically adjust the beam direction, which helps maintain optimized connectivity even when obstacles are present.

The focus on these core benefits helped drive a GAAP gross margin of 56.2% in Q3 2025, up from 48.3% in the prior quarter, showing improved unit economics.

Cost-effective alternative to fiber deployment in dense urban areas.

This is where you see the hard numbers that make the business case for Wireless Internet Service Providers (WISPs). Deploying this wireless alternative avoids the high costs and delays associated with trenching and traditional fiber builds. The cost savings are substantial, particularly in rural settings, but the value holds in dense urban environments too, where deployment speed is often the bottleneck.

Here's the quick math on how this cost proposition stacks up against fiber deployment:

Metric	Peraso FWA Alternative (Rural Estimate)	Fiber Deployment (Benchmark)
Upfront Cost Percentage	10%	100%
Total Long-Term Cost Percentage	30%	100%

For other estimates, total capital expenditure (CAPEX) for FWA is placed at 50-60% of fiber's CAPEX. This cost advantage is validated by securing a $0.9 million initial production order from a new OEM customer in Q3 2025 for FWA equipment.

The market is clearly responding to the product momentum, as evidenced by the sequential total revenue growth of >45% in Q3 2025.

• Delivers multi-gigabit speeds.
• Reduces deployment time significantly.
• Lowers infrastructure costs versus trenching.
• Leverages abundant, interference-free spectrum.
• Enables rapid expansion in underserved areas.

Finance: draft 13-week cash view by Friday.

Peraso Inc. (PRSO) - Canvas Business Model: Customer Relationships

You're looking at how Peraso Inc. keeps its key customers locked in, which is critical when your technology is as specialized as 60 GHz mmWave. Honestly, for a fabless semiconductor company like Peraso Inc., customer relationships aren't just about selling chips; they're about embedding your IP deep into the customer's next-generation product line. That means long-term commitment from both sides.

The foundation of Peraso Inc.'s customer interaction is built on direct, long-term ties with Original Equipment Manufacturers (OEMs) and system integrators. This isn't a transactional business; it's about securing design wins that translate into years of production orders. For example, as of the third quarter of 2025, Peraso Inc. had nearly doubled the number of customer Stock Keeping Units (SKUs) in production over the preceding 2 years, showing a clear trend of deepening engagement with existing partners. Furthermore, the company secured an initial production volume order in September 2025 from a new OEM customer specifically for fixed wireless access equipment, valued at $0.9 million. This kind of order validates the design-in process.

Here's a snapshot of the OEM/System Integrator focus as of the Q3 2025 reporting period:

Metric	Value as of Late 2025	Context
SKUs in Production (Change)	Nearly doubled in 2 years	Indicates deepening long-term customer adoption.
New OEM Production Order (Sept 2025)	$0.9 million	Initial volume order from a new customer in FWA.
mmWave Product Revenue (Q3 2025)	$3 million	Represents revenue directly tied to these customer shipments.
New Customer Devices in Preproduction	Double-digit number	Represents future revenue visibility.

Dedicated support for design-in and product customization is where the engineering teams earn their keep. You can't just ship a datasheet and walk away; these complex wireless solutions require heavy collaboration to integrate perfectly. Peraso Inc. is actively working to convert its substantial pipeline into commercial reality. They are focused on continuing to convert existing customer engagements into additional design-wins across fixed wireless access and adjacent markets.

• Over 100 distinct customer engagement opportunities currently in the pipeline.
• Securing multiple new design wins throughout Q3 2025 with both existing and new customers.
• The company had a double-digit number of new customer devices in preproduction at the end of Q3 2025.

The strategic, collaborative engagement for new market entry is best exemplified by the WeLink Communications partnership. This isn't just a sale; it's a joint effort to redefine urban broadband deployment. WeLink selected Peraso Inc.'s 60 GHz mmWave technology to power its mesh-based Fixed Wireless Access (FWA) architecture, aiming to deliver fiber-class speeds up to 2 Gbps. This collaboration, announced in September 2025, targets dense urban areas, with WeLink already operating in three major U.S. metropolitan markets (Los Angeles, Las Vegas, and Phoenix). This move signals a shift from rural FWA opportunities to more complex urban environments for Peraso Inc.'s technology.

Finally, the high-touch sales approach is essential for complex applications like defense and tactical communications. This segment demands extreme reliability and security, which necessitates deep technical engagement. Peraso Inc. recently completed initial field trials with its lead customer in the tactical communications market for a next-generation, mission-critical defense application. This focus is on a very high-growth area; the defense marketplace is projected to grow at a compounded annual rate of 42%. The company's four main focus markets include fixed wireless access, tactical communications, transportation, and video. This level of engagement requires a defintely high-touch sales cycle to navigate the stringent requirements of defense contractors.

Finance: draft 13-week cash view by Friday.

Peraso Inc. (PRSO) - Canvas Business Model: Channels

You're looking at how Peraso Inc. gets its 60 GHz and mmWave technology into the hands of end-users as of late 2025. The channel strategy clearly leans heavily on partnerships, which makes sense when you are selling complex chipsets and modules rather than finished consumer goods.

The company's revenue stream is directly tied to the success of these channel partners, especially as they transition away from legacy memory IC products. For instance, in the third quarter of 2025, total net revenue hit $3.2 million, with mmWave product revenue accounting for $3.0 million of that total. This mmWave revenue alone was up 35% sequentially, showing the channel is gaining traction.

The engagement with system providers is where the direct sales effort is focused, securing design wins that translate into future volume. This is the core of the direct sales team engaging with global OEMs and system providers. We see this in the renewed collaboration with WeLink Communications to deploy high-speed broadband across dense urban areas and multiple major U.S. cities.

Also, the company is securing wins in specialized markets, like the initial production shipment for a solution tailored for education environments. Furthermore, Peraso Inc. is pushing into tactical communications, which includes mission-critical military defense applications.

Distribution through major global equipment suppliers is evidenced by the success with key partners who integrate Peraso Inc.'s components into their final products. This is how you scale without building out a massive internal sales force for every vertical. Here are some of the key partner activities we've seen recently:

Partner/Customer Segment	Technology Integration/Use Case	Key Metric/Detail
Tachyon Networks	Outdoor 60 GHz fixed wireless solution	Module with integrated 16-element phased array antenna
Tachyon Networks Solution	Fixed Wireless Access (FWA)	Offers gigabit connectivity with over a 3-kilometer range
WeLink Communications	Mesh-based fixed wireless access	Accelerating deployment across dense urban areas in the U.S.
Tactical Communications	Mission-critical military defense applications	Leveraging high data rates, ultra-low latency, and power efficiency

The technology is actively showcased to drive these channel relationships and build market awareness. Technology showcased at industry events like WISPAPALOOZA 2025 is a critical touchpoint for the WISP (Wireless Internet Service Provider) segment. Peraso Inc. showcased its 60 GHz FWA solutions at WISPAPALOOZA 2025 in Las Vegas, running from October 13-16, 2025.

The company maintained a physical presence at the event, specifically at booth #641, to engage with industry leaders and demonstrate its multi-gigabit connectivity solutions. This event presence supports the overall business outlook, even with Q4 2025 total net revenue guidance projected to be between $2.8 million to $3.1 million.

• Showcased 60 GHz fixed wireless access (FWA) solutions.
• Targeted WISPs for rural to dense urban connectivity.
• Met with executive teams and provided firsthand technology experiences.

The prior quarter, Q2 2025, saw a dip in revenue guidance to $1.8 million-$2.0 million due to the planned end-of-life for memory IC shipments, which underscores the channel shift to mmWave.

Peraso Inc. (PRSO) - Canvas Business Model: Customer Segments

You're looking at the specific groups of customers Peraso Inc. is targeting with its mmWave technology as of late 2025. This isn't just theory; we see the focus in their recent revenue mix and stated market efforts.

The company's recent financial trajectory shows a clear pivot, with millimeter wave (mmWave) product revenues hitting a quarterly record of $3.0 million in the third quarter of 2025, up 35% sequentially from the $2.2 million reported in the prior quarter. This shift is critical because total net revenue for Q3 2025 was $3.2 million.

Here is how the customer segments map to the market reality and Peraso Inc.'s reported activity:

• Fixed Wireless Access (FWA) providers for urban and rural broadband.
• Military and defense contractors (Tactical Communications).
• Transportation OEMs (e.g., high-speed internet on moving trains, robotaxis).
• Integrators for immersive video and Edge AI applications.

The Fixed Wireless Access segment is a major focus, with Peraso Inc. showcasing its 60 GHz FWA solutions to Wireless Internet Service Providers (WISPs) for both rural and dense urban connectivity. This aligns with the broader market, where the global FWA market size was estimated at USD 41.2 billion in 2025. Peraso Inc. specifically secured an order from a leading global FWA equipment provider that serves major service operators during the quarter.

For Military and defense contractors, Peraso Inc. announced initial production shipments of its 60 GHz wireless platform for tactical communications. The company estimates the addressable market here could exceed $500 million, driven by the need for secure, mobile connectivity for the NATO active force of 3.44 million soldiers.

While the segments for Transportation OEMs and Integrators for immersive video and Edge AI are noted as development areas or adjacent markets seeing increased activity, the direct financial attribution for these segments is not explicitly broken out in the latest public filings, though autonomous vehicles and drones are mentioned alongside Edge AI.

The shift in Peraso Inc.'s revenue mix is stark when looking at the mmWave performance versus prior periods:

Customer Focus Area	Key Metric/Activity (Late 2025)	Associated Financial/Statistical Data
Fixed Wireless Access (FWA)	Showcased 60 GHz solutions to WISPs; secured order from a leading global FWA equipment provider	Global FWA Market Size (2025): USD 41.2 billion
Military/Defense (Tactical Comms)	Announced initial production shipments following field trials; targeting next-gen battlefield operations	Estimated Addressable Market: Exceeds $500 million; NATO Active Force: 3.44 million soldiers
mmWave Product Revenue Driver	Primary driver of sequential revenue growth in Q3 2025	Q3 2025 mmWave Revenue: $3.0 million; Q1 2025 mmWave Revenue: $1.5 million
Overall Business Context	Total revenue for the last twelve months ending Q3 2025	LTM Revenue: $13.00 million; Q3 2025 Total Revenue: $3.2 million

The company is definitely leaning into the high-growth areas where its technology provides a fiber-like alternative, especially in FWA where deployment is faster and less costly than trenching. Finance: draft 13-week cash view by Friday.

Peraso Inc. (PRSO) - Canvas Business Model: Cost Structure

You're looking at the cost side of Peraso Inc.'s (PRSO) engine as of late 2025. The structure shows a company heavily focused on product development costs, even while managing its day-to-day spending tightly.

Significant R&D expenditure for next-generation mmWave products.

Research and Development (R&D) is bundled within the total Operating Expenses figure. Peraso Inc. reported total GAAP Operating Expenses (OpEx) of $3.0 million for the third quarter of 2025. This figure encompasses all spending on R&D, Sales, General, and Administrative activities, so R&D is a significant, though not separately itemized in the latest reports, portion of that $3.0 million.

Cost of Goods Sold (COGS) from outsourced semiconductor manufacturing.

Specific COGS figures aren't broken out, but the result of that cost structure is clear from the gross margin. For Q3 2025, the GAAP gross margin improved to 56.2%. This improvement was attributed to a more favorable revenue mix, heavily weighted toward mmWave products, and the recognition of previously written-down inventory, which effectively lowered the per-unit cost recognized in COGS for that period.

GAAP Operating Expenses (OpEx) reduced to $3.0 million in Q3 2025.

The company demonstrated operating discipline, trimming total GAAP OpEx to $3.0 million in the third quarter of 2025. This reduction helped narrow the GAAP net loss to $1.2 million for the same quarter, an improvement from the $1.8 million loss in Q2 2025.

Sales, General, and Administrative (SG&A) costs.

SG&A costs are included within the total GAAP Operating Expenses of $3.0 million for Q3 2025. Management remains committed to disciplined expense management to drive steady improvement in quarterly operating results.

Amortization of intangible assets and stock-based compensation.

These items are specifically excluded when calculating non-GAAP financial measures, which management uses to assess core operational performance. The non-GAAP net loss for Q3 2025 was $1.1 million, compared to the GAAP net loss of $1.2 million, indicating the magnitude of these non-cash adjustments.

Here are the key cost-related financial metrics from Peraso Inc.'s Q3 2025 results:

Metric	Amount / Rate (Q3 2025)
Total Net Revenue	$3.2 million
Product Revenue	$3.1 million
GAAP Gross Margin	56.2%
GAAP Operating Expenses (OpEx)	$3.0 million
Adjusted EBITDA Loss	$1.0 million
GAAP Net Loss	$1.2 million

The structure of the operating costs is further detailed by what is removed for non-GAAP reporting:

• Stock-based compensation.
• Amortization of reported intangible assets.
• Severance costs.
• Change in fair value of warrant liabilities.

To be fair, the cash balance as of September 30, 2025, was $1.9 million, which is a key constraint on funding these operating costs.

Finance: draft 13-week cash view by Friday.

Peraso Inc. (PRSO) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Peraso Inc. (PRSO) as of late 2025, focusing on the hard numbers from the most recent reporting period. The story here is clearly the pivot to the high-growth mmWave segment.

The total net revenue for Peraso Inc. in the third quarter of 2025 was reported as \$3.2 million. This represented a sequential increase of more than 45% from the prior quarter.

The primary driver for this top-line performance is the revenue generated from mmWave chipsets and modules. Specifically, the revenue from mmWave products hit a quarterly record of \$3.0 million in Q3 2025. This figure is a massive jump compared to the \$0.1 million generated from mmWave products in the third quarter of 2024.

We can see the composition of the revenue streams in the table below, based on the Q3 2025 figures:

Revenue Component	Q3 2025 Amount	Notes
Total Net Revenue	\$3.2 million	Overall top-line result for the quarter
mmWave Product Revenue	\$3.0 million	Record quarterly revenue from 60 GHz solutions
Total Product Revenue	\$3.1 million	Reported total product revenue
Initial Production Order Revenue (Q3 2025)	\$0.9 million	From a new OEM customer for fixed wireless access equipment

The shift away from older technology is evident in the declining contribution from legacy products. Revenue from legacy memory IC products is phasing out due to the previously announced end of life for those products. The reduction in shipments of these memory IC products was a primary factor in the year-over-year revenue comparison, though the mmWave ramp more than offset this decline sequentially.

The revenue mix heavily favored the higher-margin mmWave business, which helped boost profitability metrics. The GAAP gross margin for the third quarter of 2025 improved to 56.2%. This margin expansion was attributed to a more favorable revenue mix of mmWave products and solutions.

The company is also seeing success in converting pipeline opportunities into immediate revenue, as evidenced by specific bookings:

• Secured an initial production volume order in September valued at \$0.9 million from a new OEM customer.
• Multiple design wins, including a collaboration with WeLink for high-speed broadband deployment.
• Completed initial field trials with a lead customer in the tactical communications market.

Looking ahead, Peraso Inc. provided guidance suggesting continued revenue generation in the near term, projecting total net revenue for the fourth quarter of 2025 to be in the range of \$2.8 million to \$3.1 million. Finance: draft 13-week cash view by Friday.