NASDAQ: PRSO) Volume Soars as SAF Tehnika Adopts Technology Across a $3.4B Market North America & Europe – More Stocks Inside! " src="https://www.abnewswire.com/uploads/1730728075.jpeg" alt="Peraso Inc. (NASDAQ: PRSO) Volume Soars as SAF Tehnika Adopts Technology Across a $3.4B Market North America & Europe – More Stocks Inside! " width="225" height="225">Peraso Inc. (NASDAQ: PRSO), a pioneer in mmWave wireless technology, is seeing a surge in trading volume following the announcement of SAF Tehnika JSC’s (NASDAQ: SAF1R) FreeMile 60 radio, a game-changing device for Fixed Wireless Access (FWA). The FreeMile 60 is designed with Peraso’s advanced Perspectus mmWave modules featuring the X720 chipset, harnessing the unlicensed 60 GHz spectrum to offer high-capacity, 90-degree beamforming coverage. This breakthrough enables Wireless Internet Service Providers (WISPs) to efficiently expand network coverage with minimal infrastructure, fueling the demand for alternative broadband solutions worldwide.
SAF Tehnika, a global innovator in digital microwave transmission equipment based in Latvia, specializes in wireless backhaul solutions essential for digital voice and data transmission in both fixed and mobile network infrastructures. With FreeMile 60, SAF Tehnika adds powerful backhaul capabilities to its portfolio, enabling operators to tap into the rising market for robust, high-speed mmWave broadband solutions.
Ron Glibbery, CEO of Peraso, emphasized that SAF’s use of the Perspectus platform for FreeMile 60 is a key step in expanding 60 GHz FWA networks to bridge the digital divide with alternative broadband solutions. SAF Product Manager Jānis Vinķelis praised Peraso’s modules for their affordability, reliability, and adaptability to diverse customer needs globally. With over a decade of mmWave expertise, Peraso is committed to meeting the rising demand for unlicensed 60 GHz broadband solutions in the $3.4 billion FWA market.
Discover additional companies with groundbreaking technologies primarily in the Technology, Energy, Medical, Healthcare, Pharmaceutical sectors etc.:
Vast Renewables (NASDAQ: VSTE), a leader in concentrated solar thermal power (CSP) systems, recently entered a development services agreement with GGS Energy LLC to propel Project Bravo, a synthetic fuels project in the Southwest U.S., aiming for commercial-scale impact.
Nuwellis, Inc. (Nasdaq: NUWE) reported robust preliminary Q3 2024 results, with $2.4 million in revenue, 28% growth in its Pediatric category, and an impressive 70% gross margin. Full results are set to be announced on November 11, 2024.
NLS Pharmaceutics (NASDAQ: NLSP) and Kadimastem (TASE: KDST.TA) have entered a merger agreement, combining expertise to advance neurodegenerative and diabetes treatments, leveraging both companies’ innovative pipelines.
Atlantic International Corp. (OTC: ATLN) is set to acquire Staffing 360 Solutions, Inc. (Nasdaq: STAF), with a stock-for-stock transaction that will see Atlantic and Staffing 360 shareholders holding 90% and 10% of the new entity, respectively, marking a strategic consolidation in outsourced services and workforce solutions.
All companies, including Peraso Inc. (NASDAQ: $PRSO), are driving disruptive innovations across their industries, positioning their stocks for significant growth.
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