Quick Summary
- Peraso’s 60 GHz millimeter-wave semiconductor technology was chosen by Israeli defense firm InTACT for a drone Identification Friend or Foe (IFF) system.
- The system enables military personnel to differentiate friendly drones from hostile ones using secure authentication protocols.
- The company’s beamforming technology provides directional, low-power signals that avoid interception and electronic jamming.
- InTACT and Peraso have collaborated for more than two years on tactical drone identification solutions.
- PRSO stock skyrocketed up to 115% during Friday’s session and continued climbing over 33% in Monday’s pre-market hours.
Shares of Peraso Inc. (PRSO) experienced an extraordinary rally on Friday. The semiconductor company based in California witnessed its stock price explode by as much as 115% during trading after revealing that its 60 GHz millimeter-wave semiconductor platform was chosen for a military-grade drone identification application.
$PRSO < $1 – Peraso
🔹60 GHz mmWave Technology Selected for Next-Generation Drone Identification System for Military Applications
🔹Peraso Inc. and InTACT have collaborated for more than two years to develop the technology used to deploy tactical drone identification… pic.twitter.com/n9vFj5XEyo— John Zidar aka/ Stock Wizard (@JohnZidar) March 6, 2026
The agreement centers around InTACT, a defense technology firm based in Israel. InTACT has selected Peraso’s advanced chip solutions as the foundation for its Identification Friend or Foe (IFF) drone system — a critical technology that enables soldiers in the field to rapidly determine if an approaching drone is friendly or adversarial.
The collaboration between these two entities spans more than 24 months. Friday’s announcement represents a significant milestone in their relationship, with the technology now advancing toward real-world military implementation.
Shares of PRSO jumped more than 96% in pre-market activity on Friday, then expanded those gains to 115% intraday. The stock settled the trading day with gains exceeding 86%. On Monday morning, the rally continued with pre-market trading showing an additional 33% increase.
Technical Capabilities Behind the System
Peraso’s 60 GHz beamforming transceiver chips serve as the core hardware component driving InTACT’s IFF platform. These semiconductors establish a narrow-range, highly focused wireless link connecting unmanned aerial vehicles with troops on the ground.
The directional characteristic of this signal transmission is crucial. It significantly reduces the likelihood of signal detection or compromise in contested electromagnetic environments — precisely the conditions where such systems must function.
The mutual authentication mechanism allows ground personnel to verify, instantly, whether an approaching drone belongs to friendly forces. In modern combat scenarios where drone usage is widespread, this identification capability delivers tangible tactical advantages.
Company CEO Ron Glibbery characterized the technology as “designed to provide a secure, directional communications channel ideally suited for these environments.”
Company Financial Trajectory
Leading up to this announcement, Peraso had been demonstrating improving financial momentum. During the third quarter of fiscal 2025 (concluded in September 2025), the company reported revenue expansion of 45% sequentially, reaching $3.2 million.
This sequential growth was primarily attributed to record-setting sales from millimeter wave product offerings — the identical product category now featured in this defense agreement.
Despite quarterly improvements, year-over-year revenue for that period declined 16% from $3.84 million recorded in the comparable prior-year quarter.
For a small-cap semiconductor manufacturer, securing a defense industry design win of this magnitude can fundamentally alter investor perception and valuation models. Commercial agreements typically don’t carry the strategic significance of military-related contracts.
InTACT has not made public the financial parameters of this arrangement. Neither contract values nor revenue forecasts were disclosed in the public announcement.
The company verified that its beamforming transceiver platform is manufacturing-ready and has been officially selected as the hardware foundation for InTACT’s system. However, specific timelines for field deployment remain undisclosed.
As of Monday’s pre-market session, PRSO shares were trading more than 33% higher following Friday’s remarkable 86% closing gain.
