Key Highlights
- InTACT, a defense contractor based in Israel, has chosen Peraso’s 60 GHz millimeter-wave technology for its military drone IFF (Identification Friend or Foe) solution.
- The system enables military personnel on the ground to differentiate friendly drones from hostile ones via mutual authentication protocols.
- Peraso’s directional beamforming transceivers provide low-power communications that are difficult to detect or jam in combat scenarios.
- The collaboration between Peraso and InTACT has spanned more than two years, concentrating on tactical UAV identification capabilities.
- PRSO shares spiked up to 115% during Friday’s trading session and continued climbing over 33% in Monday’s pre-market activity.
Peraso Inc. (PRSO) experienced an explosive trading session last Friday. The semiconductor manufacturer based in California witnessed its shares skyrocket by as much as 115% intraday following news that its 60 GHz millimeter-wave technology will be integrated into a military-grade drone identification system.
The arrangement centers on InTACT, a defense technology firm operating out of Israel. InTACT has designated Peraso’s specialized chip technology as the core component for its IFF (Identification Friend or Foe) drone solution — a critical system designed to enable military units to rapidly determine if an approaching unmanned aerial vehicle poses a threat or belongs to friendly forces.
The collaboration between these two entities spans more than 24 months. This latest development represents a significant milestone in their relationship, signaling movement toward operational military use.
PRSO shares leaped over 96% during Friday’s pre-market session before accelerating to a 115% gain during regular trading hours. The stock settled at the close with an 86% advance. By Monday’s pre-market, shares had tacked on another 33%.
The Technology Behind the System
Peraso’s 60 GHz beamforming transceiver chips serve as the technological foundation for InTACT’s IFF platform. These semiconductors establish a limited-range, highly focused wireless link connecting unmanned aerial vehicles with personnel on the ground.
The focused, directional transmission is critical. This characteristic significantly reduces the likelihood of signal interception or detection in contested electronic warfare theaters — precisely the environments where such systems must function.
Through mutual authentication protocols, ground-based operators can instantly verify whether an incoming drone belongs to allied forces. In modern combat zones saturated with unmanned aircraft, this verification capability provides substantial tactical advantages.
CEO Ron Glibbery characterized the technology as “designed to provide a secure, directional communications channel ideally suited for these environments.”
Financial Trajectory of Peraso
Peraso has shown signs of recovery momentum leading up to this defense contract announcement. During the third quarter of fiscal 2025 (concluded in September 2025), the company posted revenue of $3.2 million, representing a 45% sequential increase.
This quarterly growth was primarily attributed to record-setting revenue from the millimeter wave product segment — the exact category featured in this military application.
Despite this progress, total revenue for that quarter remained 16% below the comparable period from the previous year, which had generated $3.84 million.
For a small-capitalization semiconductor company, securing a defense-related design win of this magnitude can fundamentally alter investor sentiment. Commercial agreements typically don’t carry the same strategic weight as military-focused deployments.
InTACT has not made public the financial parameters of this arrangement. Neither contract values nor revenue forecasts were disclosed in the official announcement.
The company did confirm that its beamforming transceiver technology has reached production-ready status and has been formally designated as the hardware core for InTACT’s identification platform. A specific deployment schedule was not revealed.
As of Monday’s pre-market trading, PRSO was changing hands more than 33% above Friday’s closing price, which itself reflected an 86% single-day gain.
