Peraso announces support for revised BEAD funding rules

Peraso (PRSO) indicated its support for the National Telecommunications and Information Administration’s newly adopted technology-neutral approach for the $42.45 billion Broadband Equity, Access and Deployment program. NTIA’s newly released BEAD Restructuring Policy Notice updates the BEAD Notice of Funding Opportunity by eliminating prior regulatory burdens and adopting a technology-neutral, cost-focused framework that emphasizes performance and scalability, while giving states greater flexibility to tailor broadband strategies to local needs. As a global leader in the fixed wireless access market, Peraso’s 60 GHz mmWave solutions enable wireless Internet service providers to offer subscribers fiber-like speeds of 2.5 gigabits per second. mmWave FWA is a compelling cost-effective alternative to fiber, providing gigabit throughput, rapid deployment and robust network security. “The NTIA’s new technology-neutral approach recognizes the vital role of innovative wireless technologies, such as FWA, in expanding broadband availability and enabling more flexible, cost-effective deployment strategies,” said Ron Glibbery, CEO. “With the revised rules on BEAD eligibility, we believe WISPs and state broadband offices are now empowered to adopt a more pragmatic, performance-focused framework to propose mmWave FWA solutions to deliver fast, secure connectivity in areas where fiber deployment is challenging or cost-prohibitive.”