To clarify there are two picos. Pico2 and PicoM2.
Pico2- b/g - max rate is 54 mbps
PicoM2 - b/g/n - max rate 150 mbps since its not MIMO
If it was MIMO data rate would be 300mbps.
Remember the data rate is highest achievable air data rate
for an ideal situation and its the aggregate for both TX and RX
meaning its 75 mbps one way.
In actual use other factors will affect the achievable speeds.  

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