TLDR
- Israeli defense contractor InTACT selected Peraso’s 60 GHz millimeter-wave semiconductors for an Identification Friend or Foe (IFF) drone system.
- The IFF technology enables military units to distinguish between friendly and enemy drones through mutual authentication protocols.
- Peraso supplies beamforming wireless transceivers designed for low-power, directional communication that resists detection and jamming.
- The partnership between Peraso and InTACT spans more than two years of collaboration on tactical drone identification solutions.
- Shares of PRSO jumped as much as 115% following the announcement, marking a dramatic rally for the micro-cap chipmaker.
Shares of Peraso Inc. (PRSO) rocketed higher Friday following the company’s announcement that its 60 GHz millimeter-wave semiconductor platform has been integrated into a military-grade drone identification system. The stock jumped more than 96% before the opening bell and reached gains as high as 115% intraday.
The agreement involves InTACT, a defense technology firm based in Israel. The companies have collaborated for over two years developing solutions aimed at tactical military drone identification applications.
At the heart of the partnership is an Identification Friend or Foe (IFF) system. This technology enables armed forces to rapidly determine whether an airborne drone belongs to allied or adversary forces.
The platform employs mutual authentication protocols between unmanned aerial vehicles and either ground-based personnel or counter-drone defense systems. This capability is increasingly critical in contemporary battlefields saturated with drone activity.
Peraso provides the core wireless communication hardware. Specifically, its 60 GHz beamforming transceiver chips form the backbone of the communication infrastructure within InTACT’s IFF solution.
These transceivers feature low power consumption and highly focused signal transmission. This architecture minimizes the risk of signal detection or interception in electronic warfare scenarios — precisely the operational environment for which the system was designed.
Understanding Peraso’s Technology Platform
The 60 GHz millimeter-wave frequency spectrum offers ideal characteristics for short-distance, high-data-rate, and narrow-beam communications. These properties make it particularly effective for systems requiring rapid, covert authentication signal exchanges.
According to CEO Ron Glibbery, the technology delivers “a secure, directional communications channel ideally suited for these environments.” InTACT’s IFF solution represents exactly the type of defense application Peraso engineered its chips to address.
For a micro-cap semiconductor company like Peraso, securing a defense design win of this caliber represents a significant milestone. It fundamentally alters investor perception regarding revenue visibility and long-term program value in ways that typical commercial contracts rarely achieve.
Investor Response and Stock Movement
PRSO typically experiences limited trading volume under normal market conditions. When news of this magnitude emerges, price volatility amplifies dramatically — Friday’s trading session exemplified this pattern perfectly.
Pre-market activity showed the stock surging more than 96%. As regular trading commenced, peak gains exceeded 115% according to various market data sources.
Neither InTACT nor Peraso disclosed specific financial terms associated with the partnership. No revenue projections or contract dollar amounts accompanied the public announcement.
Peraso verified that the collaboration centers on advanced drone identification capabilities, with the IFF platform designed for deployment in active military theater environments.
The company indicated that its beamforming transceiver technology is production-ready and has been designated as the hardware foundation for InTACT’s platform. The joint announcement did not specify a deployment schedule.
By Friday’s close, PRSO shares remained elevated more than 86% for the session.
