Peraso Receives Purchase Orders Totaling $0.5 Million for Memory Products

Core Insights - Peraso Inc. has received additional non-cancelable purchase orders totaling $0.5 million, indicating strong demand for its products [1] - These orders are linked to the end-of-life program for the company's memory integrated circuit products, suggesting a strategic shift in product offerings [1] Company Summary - Peraso Inc. is recognized as a pioneer in mmWave wireless technology solutions, highlighting its innovative position in the industry [1] - The recent purchase orders represent unanticipated incremental last-time buys, reflecting potential customer loyalty and ongoing interest in the company's legacy products [1]