TLDR
- Israeli defense contractor InTACT selected Peraso’s 60 GHz millimeter-wave tech for a military drone Identification Friend or Foe (IFF) system.
- The IFF platform lets ground forces distinguish between allied and enemy drones through mutual authentication.
- Peraso’s beamforming transceivers offer low-power, directional communication that resists detection and jamming.
- The Peraso-InTACT partnership has been running for over two years, focused on tactical drone identification.
- PRSO surged as high as 115% on Friday and was up over 33% in pre-market trading on Monday.
Peraso Inc. (PRSO) had a Friday to remember. The California-based semiconductor maker saw its stock rocket as high as 115% intraday after announcing its 60 GHz millimeter-wave technology has been selected for a military drone identification system.
$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 deal involves InTACT, an Israeli defense contractor. InTACT chose Peraso’s chip technology to power its Identification Friend or Foe (IFF) drone platform — a system that helps military personnel quickly tell whether a nearby drone is allied or hostile.
The two companies have been working together for more than two years. This announcement marks a new phase in that partnership, with the technology moving toward active military deployment.
PRSO jumped over 96% in pre-market trading on Friday before extending gains to 115% during the session. It closed the day up more than 86%. The stock then climbed another 33% in pre-market trading on Monday.
How the Technology Works
Peraso’s 60 GHz beamforming transceivers form the hardware backbone of InTACT’s IFF system. The chips create a short-range, directional wireless channel between drones and ground forces.
That directional nature is key. It makes the signal harder to detect or intercept in electronic warfare environments — exactly where this system is designed to operate.
The mutual authentication protocol lets ground units confirm, in real time, whether a drone is friendly. In drone-heavy combat zones, that capability has real operational value.
CEO Ron Glibbery described the technology as “designed to provide a secure, directional communications channel ideally suited for these environments.”
Peraso’s Recent Business Performance
Peraso has been on a recovery track heading into this announcement. In Q3 fiscal 2025 (ending September 2025), revenue grew 45% quarter-over-quarter to $3.2 million.
That growth was driven by record revenue from millimeter wave products — the same product line at the center of this deal.
However, total earnings in that quarter still fell 16% compared to the same period a year prior, dropping from $3.84 million.
For a micro-cap chip company, a defense-sector design win like this can reshape how investors view the stock. Commercial contracts rarely carry the same weight as a military deployment.
InTACT has not disclosed the financial terms of the agreement. No contract value or revenue projections were included in the announcement.
The company confirmed the beamforming transceiver technology is production-ready and has been designated as the hardware foundation for InTACT’s platform. No specific deployment timeline was provided.
As of Monday pre-market, PRSO was trading up more than 33% following Friday’s close of 86% gains.
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