Peraso Inc. (NASDAQ: PRSO) has secured its first production order for a 60GHz wireless video system designed for educational environments, marking a strategic expansion into the classroom connectivity market. The system enables low-latency, high-speed video streaming without overloading congested school Wi-Fi networks, using Peraso’s mmWave platform to deliver reliable performance in high-density settings.
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Genius Group (NYSE: GNS) acquires Entrepreneur Resorts Ltd (ERL) for $21.5 million, strengthening its Genius City model and raising 2025 revenue forecast by 50%.
