Peraso Inc. · NASDAQ:PRSO
Peraso — Investor Presentation (August 2026)
23 slides from Peraso's investor presentation, August 2026
Slide 1: Corporate Overview
Corporate Overview August 2026 Copyright © 2026 Peraso Inc.
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only and no representation or warranty, express or implied, is made by Peraso Inc. (“Peraso,” “we,” “us,” or “our”) or any of its representatives as to the information contained in this presentation. Certain information contained herein has be
Slide 3: Peraso At A Glance
Peraso At A Glance Pioneer in high-performance 60 GHz mmWave mmWave Solutions wireless technology Targeting Diverse End Markets ❑ Global leader in the development and sales of semiconductor devices and phased array antenna modules used for mmWave communications ❑ Leading supplier of 60 GHz solutions
Slide 4: What is mmWave?
What is mmWave? A very high frequency band, typically from 24 GHz to 300 Ghz ➢ mmWave can carry more data, transmit data more quickly and resolve congestion compared to traditional cellular frequencies (sub 6 GHz) Electromagnetic Spectrum Fixed Wireless Access Tactical Communications Wavelength <700
Slide 5: Multi-Billion Dollar Market Opportunity
Multi-Billion Dollar Market Opportunity ➢ Global mmWave chipset market estimated at $5B in 2025, with 25% CAGR through 2033(1) ➢ Global military & defense mmWave technology market size valued at $624M in 2023; estimated to grow at CAGR of 41.8% from 2023 to 2030(2)market size was valued at US$ 624 m
Slide 6: Fixed Wireless Access - Rural
Fixed Wireless Access - Rural ➢ MmWave operates in unlicensed 60GHz frequency band; spectrum is free ➢ Peraso is a leading technology provider to WISPs in the race to provide the market with Gigabit internet ➢ Peraso technology enables Internet access rivaling fiber performance, with benefits such a
Slide 7: Fixed Wireless Access - Dense Urban
Fixed Wireless Access - Dense Urban Peraso-enabled ➢ Expanding into global dense urban markets, with significantly deployments more end users than traditional rural ➢ 2.6 billion people, or one-third of global population, remain offline (ITU, December 2023) ▪ Over 1.1B people living in informal sett
Slide 8: Tactical Communications – Highlights
Tactical Communications – Highlights • Peraso ➢ Traditional wireless communication susceptible to enemy detection ➢ mmWave technology is an inherently stealthy protocol ▪ Narrow beam, dynamic beam steering, oxygen attenuation ▪ Low Probability Detection, Low Probability Interception, Anti-jamming ➢
Slide 9: Identification Friend-or-Foe (IFF) with mmWave
Identification Friend-or-Foe (IFF) with mmWave • Peraso Copyright © 2026 Peraso Inc. 9
Slide 10: Unmanned Aerial Systems (UAS) Communications
Unmanned Aerial Systems (UAS) Communications • Peraso Why Peraso 60GHz Wins ➢ Traditional wireless communication susceptible to enemy detection ➢ Narrow 60 GHz RF beam is virtually impossible to detect ➢ 60GHz signal virtually impossible to jam ➢ Beam is highly directional so difficult for jammer to
Slide 11: Edge AI Requires High-Bandwidth Wireless
Edge AI Requires High-Bandwidth Wireless ➢ Edge AI requires processing of high-bandwidth video near the source ➢ 60 GHz mmWave: ▪ enables wireless technology for multi-gigabit data rates ▪ offers low latency and exceptional power efficiency ➢ Last mile delivery services ▪ Improve delivery times and
Slide 12: Edge AI – Large AI Models >> Enormous Bandwidth
Edge AI – Large AI Models >> Enormous Bandwidth 60 GHz Advantages ✓ Robots must be updated with very large AI models (multi-gigabit links required) ✓ Directional beams eliminate interference ✓ Multiple simultaneous multi-Gigabit links within same area ✓ Deterministic, low latency performance 5 GHz C
Slide 13: Adjacent End Market Opportunities
Adjacent End Market Opportunities Transportation Professional Video Delivery ➢ Multiple existing industrial engagements ➢ Engaged with consumer and enterprise customers for advanced applications ➢ Benefits: high data rates, secure and reliable connectivity ➢ Benefits: high data rate (3 Gbps), low la
Slide 14: Investment Highlights
Investment Highlights ➢ Pioneer in mmWave technology, enabling the future of emerging high-growth markets ▪ Spectrum congestion and bandwidth limitations of traditional wireless technologies are driving the need for mmWave solutions ▪ Additional features, such as stealth operation, contributing to e
Slide 15: Financials & Cap Table
Financials & Cap Table Copyright © 2026 Peraso Inc. 15
Slide 16: Non-GAAP Actual and Model
Non-GAAP Actual and Model Peraso Model (1) $ in millions Medium-Term Long-Term FY 2025 Q2 2026 (2 – 3 years) (3+ years) Total Revenue $12.2 $1.3 50%+ Growth 30%+ Growth Gross Margin % 58.0% 63.7% 50% 55%+ Operating Loss (2) ($4.3) ($2.1) 5% - 20% 20%+ Cash Flow Cash Burn Cash Burn Cash Generating Ca
Slide 17: Non-GAAP Income Statements
Non-GAAP Income Statements YTD ($ in millions) Q2'2025 Q1'2026 Q2'2026 FY 2025 2026 Product 2.2 0.7 1.2 11.9 1.9 Services and other - 0.3 0.1 0.3 0.4 Total Revenue $ 2.2 $ 1.0 $ 1.3 $ 12.2 $ 2.3 Gross profit 1.1 0.6 0.8 7.1 1.4 Gross margin % 48.3% 61.5% 63.7% 58.0% 62.8% Operating expense R&D 1.6 1
Slide 18: Non-GAAP to GAAP Reconciliation
Non-GAAP to GAAP Reconciliation YTD ($ in millions) Q2'2025 Q1'2026 Q2'2026 FY 2025 2026 Non-GAAP operating loss $ (1.6) $ (2.3) $ (2.1) $ (4.3) $ (4.4) Adjustments: Stock-based compensation (0.2) (0.2) (0.1) (0.5) (0.3) GAAP operating loss $ (1.8) $ (2.5) $ (2.2) $ (4.8) $ (4.7) Non-GAAP net loss $
Slide 19: Balance Sheet and Capitalization
Balance Sheet and Capitalization Q1 – Jun 30, 2026 Q1 – Jun 30, 2026 Balance Sheet Capitalization ($ in millions) (shares in millions) TSO (1) 15.1 Cash $3.3 2024 Warrants @ $2.25 – expire Feb. ’29 4.1 Total Assets $6.8 2024 Warrants @ $1.61 – expire Nov. ’29 2.4 2025 Warrants Debt - @ $1.25 – expir
Slide 20: Thank YOU
Thank YOU Peraso Contact: Investor Relations Contact: Jim Sullivan Shelton Group Chief Financial Officer Brett Perry | Leanne Sievers P: 408-418-7582 P: 214-272-0070 E: jsullivan@perasoinc.com E: sheltonir@sheltongroup.com Copyright © 2026 Peraso Inc. 20
Slide 21: Appendix
Appendix Copyright © 2026 Peraso Inc. 21
Slide 22: Production Test
Peraso’s Complete 60GHz mmWave Solution with Integrated Antenna Software Stack mmWave Antenna System Design Production Test mmWave RF Circuits mmWave Baseband PCB/BOM Design Vertical integration offers competitive cost structure, reduced time-to-market Copyright © 2026 Peraso Inc. 22
Slide 23: Next-Generation Hybrid Networks with 60GHz Links
Next-Generation Hybrid Networks with 60GHz Links • Peraso Copyright © 2026 Peraso Inc. 23