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Peraso shares jump on news its 60 GHz mmWave tech was picked for a military drone identification system

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Peraso Inc. (PRSO) is up 115.8% today. Here is some analysis on what might have caused this price movement.

Analysis: PRSO appears to be spiking after the company announced its 60 GHz millimeter-wave semiconductor technology was selected for a next-generation drone “Identification Friend or Foe” system for military applications. For a micro-cap stock, a defense-oriented design win can materially change investor expectations around future demand and long-term program potential.

Details:

  • Peraso said its 60 GHz mmWave technology was selected by InTACT, an Israeli defense contractor, for a drone identification system intended for use in contested electronic-warfare environments.
  • The system is meant to help forces distinguish friendly versus hostile drones, using mutual authentication between drones and ground forces or counter-drone systems.
  • Peraso said its beamforming wireless transceivers support highly directional, low-power links designed to reduce the likelihood of detection or interception.
  • The company said it has worked with InTACT for more than two years to develop technology for tactical drone-identification applications.
  • Sources:

    ACCESS Newswire, Stocktwits, StockTitan

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $PRSO Hedge Fund Activity

    We have seen 10 institutional investors add shares of $PRSO stock to their portfolio, and 12 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

    $PRSO Analyst Ratings

    Wall Street analysts have issued reports on $PRSO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Benchmark issued a "Buy" rating on 12/05/2025

    To track analyst ratings and price targets for $PRSO, check out Quiver Quantitative's $PRSO forecast page.

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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