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Add as a preferred source on GooglePeraso Expects Sequential Q4 Revenue Growth After $2 Million Order
An October production order exceeded $2 million, while Peraso completed a $10 million investment from Nant Capital.
Peraso expects fourth-quarter revenue to rise from the prior quarter after an October production order exceeded $2 million. The company completed a $10 million investment from Nant Capital.
The outlook represents sequential growth from the third quarter. It had approximately $600,000 in cash at quarter-end.
Peraso also introduced its PRM2145 jam-resistant communications module for UAV and defense applications. The company identified defense and tactical communications and autonomous Edge AI as application areas.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.