Peraso (PRSO) Stock Explodes 115% On Military Drone Deal

TLDR

• Peraso’s 60 GHz millimeter-wave semiconductor technology was selected by Israeli defense firm InTACT for a drone Identification Friend or Foe (IFF) system.
• The system helps military forces tell friendly drones from hostile ones using mutual authentication between drones and ground forces.
• Peraso’s beamforming wireless transceivers offer low-power, directional links built to avoid detection or interception.
• Peraso and InTACT have worked together for over two years on drone identification technology for tactical military use.
• PRSO stock surged as much as 115% on the news, a massive move for a micro-cap semiconductor company.

Peraso Inc. (PRSO) stock exploded Friday after the company said its 60 GHz millimeter-wave technology was chosen for a military drone identification system. The stock surged over 96% in pre-market and climbed as high as 115% during the session.

The partner behind the deal is InTACT, an Israeli defense contractor. The two companies have been working together for more than two years on technology built for tactical drone-identification use cases.

The product at the center of the deal is an Identification Friend or Foe system — known as IFF. It’s designed to help military forces quickly tell whether a drone in the air is friendly or hostile.

Peraso Inc., PRSO

The system uses mutual authentication between drones and ground forces, or counter-drone systems. That kind of fast, reliable ID matters a lot in modern combat zones where drones are everywhere.

Peraso’s role is to supply the underlying wireless hardware. Its 60 GHz beamforming transceivers power the communication links inside the IFF platform.

Those transceivers are built to be low-power and highly directional. That design makes them harder to detect or intercept in contested electronic-warfare environments — exactly the kind of setting the system is built for.

What Peraso’s Technology Does

The 60 GHz mmWave band is well-suited for short-range, high-bandwidth, and directional communication. That’s why it works for a system that needs to exchange authentication signals quickly and quietly.

For a micro-cap company like Peraso, landing a defense design win like this is a big deal. It shifts investor expectations around demand and long-term program potential in a way that a standard commercial contract might not.

The Market’s Reaction

PRSO doesn’t trade big volumes on a normal day. So when a catalyst this size hits, the price moves hard and fast — which is exactly what happened Friday.

The stock’s pre-market jump was over 96%. By the time the session was fully underway, some trackers had it up over 115%.

InTACT has not yet disclosed the commercial terms of the agreement with Peraso. No revenue figures or contract values were released alongside the announcement.

Peraso confirmed the partnership is focused on next-generation drone identification, with the IFF system targeted at military use in active operational environments.

The company said its beamforming transceivers are already developed and are the chosen hardware for the InTACT platform. No timeline for deployment was given in the announcement.

As of Friday, PRSO was trading up over 86% on the day.

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