Why Did PRSO Stock Surge More Than 120% Today?

• The drone identification system enables mutual authentication capabilities between drones and ground forces or counter-drone systems.
• Peraso has been in discussions with Mobix Labs regarding a potential acquisition.
• As of January, the companies have signed a mutual confidentiality agreement and are conducting due diligence.

Shares of Peraso Inc. (PRSO) shot up more than 120% on Friday after the company announced that its 60 GHz millimeter-wave semiconductor technology has been selected by Israeli defense contractor InTACT for a new drone identification system.

The Identification Friend or Foe (IFF) system is designed to help military forces quickly identify whether drones in the air are friendly or hostile. It enables mutual authentication capabilities between drones and ground forces or counter-drone systems, the company said. Peraso’s low-power 60 GHz beamforming wireless transceivers will power the IFF system.

“Our 60 GHz mmWave technology is designed to provide a secure, directional communications channel ideally suited for these environments, enabling advanced systems such as the IFF platform developed by InTACT,” said Ron Glibbery, CEO of Peraso.

The Mobix Labs Link

Mobix Labs (MOBX) has been pursuing a potential acquisition of Peraso since June 2025, when it submitted an unsolicited, non-binding proposal. The initial offer proposed exchanging Mobix shares for Peraso stock at a 20% premium to Peraso’s 30-day average share price through June 10, 2025.

Discussions continued in September, with Mobix stating its goal was to complete the transaction within 75 days. The company later changed its proposal, offering Peraso shareholders a deal structured at 30% cash and 70% Mobix common stock.

In November, the companies signed a mutual confidentiality agreement to begin cooperative discussions. As of January 2026, both sides are conducting due diligence, although no final agreement has been reached.

How Did Stocktwits Users React?

Retail sentiment for PRSO remained in the “extremely bullish” zone for the past 24 hours, amid “extremely high” message volumes.

One user expects the stock to climb to $3 by the end of the day. It is currently at $1.8.

Another user called the stock an “all-day hold.”

Year-to-date, the stock has gained over 100%.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

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