Peraso's DUNE Platform Enhances Internet in Kenya
Peraso Develops Wireless Solutions for Kenyan WISP
Peraso Inc. (NASDAQ: PRSO), renowned for its innovative mmWave wireless technology solutions, recently secured a pivotal purchase order for its DUNE platform from a wireless Internet service provider (WISP) in Kenya. This strategic development marks a significant milestone in expanding 60GHz technology across the African market, promising enhanced internet connectivity for users.
What is the DUNE Platform?
The DUNE platform represents the forefront of mmWave technology, specifically designed to cater to high-density environments such as urban areas. This platform employs advanced phased array antenna modules, providing the ability to support up to 32 end users per access point. By directing energy into narrow, steerable beams, DUNE ensures that users receive optimal performance even in the most crowded conditions.
Upgrading from 5GHz to 60GHz Technology
The WISP in Kenya is transitioning from its existing 5GHz technology to Peraso's sophisticated 60GHz mmWave solution. This shift is anticipated to not only improve performance but also enable higher density operations while reducing costs for consumers. Such a transition is crucial for maximizing the efficiency of internet service in growing urban areas.
A Vision for Connectivity
Ron Glibbery, the CEO of Peraso, highlighted the potential impact of the DUNE platform on urban areas throughout Kenya. With major cities like Nairobi and Mombasa poised for connectivity enhancements, the WISP’s customers can expect significantly improved internet service quality as a result of this upgrade.
Implementation Phases for the DUNE System
The deployment of the DUNE system is set to unfold in two distinct phases. The initial phase will focus on point-to-point (PTP) connections for backhaul requirements, followed by a point-to-multipoint (PTMP) approach for last-mile access. This systematic rollout is designed to enhance the overall internet experience for users.
The Impact of DUNE on Kenya's Internet Landscape
With approximately 22.7 million internet users in Kenya, the introduction of the DUNE platform holds the potential to create a significant ripple effect. The deployment not only reinforces Peraso’s position within the wireless communications industry but also addresses the growing global demand for reliable and high-speed internet solutions.
Financial Highlights for Peraso Inc.
In addition to the exciting developments in Kenya, Peraso Inc. is making strides in enhancing its financial performance and expanding its technological capabilities. The company has reported strong results for Q2 2024, with revenues reaching $4.2 million, indicating remarkable growth of over 50% compared to the previous quarter and over 70% year-over-year. This surge in revenue can be attributed to an increase in shipments of end-of-life memory IC products alongside new orders for millimeter-wave antenna modules.
Innovative Projects and Future Prospects
Furthermore, Peraso has secured a significant purchase order for its High-Velocity Roaming (HVR) technology. This innovation aims to improve internet connectivity on moving trains and subways, with projects planned in Korea as well as a proposed deployment in China’s rail system. These initiatives reflect Peraso’s commitment to enhancing global connectivity, particularly in urban transit systems.
Maintaining Momentum Amid Challenges
Looking ahead, Peraso anticipates that its IC memory product shipments for the third quarter will align with the robust performance reported in Q2. The organization's focus remains steadfast on transforming customer engagements into production orders for its millimeter-wave technologies, thereby paving the way for future growth and success.
Frequently Asked Questions
What is the DUNE platform?
The DUNE platform is Peraso's innovative mmWave technology designed for high-density environments, supporting numerous users with enhanced internet connectivity.
How will the WISP in Kenya benefit from DUNE?
The WISP's upgrade to DUNE will significantly improve internet service quality, allowing for higher density operations and cost reductions for customers.
What financial performance has Peraso reported?
Peraso Inc. reported $4.2 million in revenues for Q2 2024, showing substantial sequential and year-over-year growth driven by increased product shipments.
Are there any other projects Peraso is working on?
Yes, Peraso is pursuing HVR technology projects aimed at enhancing internet connectivity on moving trains and subways in various regions.
What future plans does Peraso have?
Peraso aims to maintain its momentum by converting customer engagements into production orders for their millimeter-wave product offerings, supporting continued growth.
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