Peraso Inc. announced on October 24, 2024, a $1.4 million follow-on purchase order from a prominent South African wireless Internet service provider (WISP). This order is for Peraso's mmWave equipment, building upon an initial production order that was secured and shipped in the second quarter of 2024.
The repeat business from this WISP validates the effectiveness and benefits of Peraso's mmWave technology in high-density Fixed Wireless Access (FWA) environments. It indicates successful deployment and performance of Peraso's solutions in real-world applications.
This follow-on order contributes directly to Peraso's revenue pipeline and reinforces its market position in the FWA sector. It demonstrates sustained demand for its innovative mmWave solutions from existing customers.
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