Palomino Laboratories Inc. Co-Founder, Dr. Steven P. DenBaars, Receives the Prestigious 2026 IEEE Nick Holonyak Jr. Award at IEEE 2026 Honors CeremonyPALO ALTO, Calif., April 28, 2026 (GLOBE NEWSWIRE) -- Palomino Laboratories Inc. (OTCQB: PALX) proudly announces that its Co-Founder, Dr. Steven P. DenBaars, has been honored with the 2026 IEEE Nick Holonyak Jr. Medal. The award was presented last Friday, April 25th, 2026, at the esteemed IEEE 2026 Honors Ceremony in New York City, recognizing Dr. DenBaars for his pioneering contributions to compound semiconductor optoelectronics. His novel research includes advancements in high-efficiency visible light-emitting diodes (LEDs), lasers, and LED displays.
Palomino Laboratories Inc. Closes $15 Million at $4/sharePALO ALTO, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Palomino Laboratories Inc. (OTCQB: PALX) (the “Company”), an optical data communications technology company developing a way to move data faster and more efficiently using light from GaN-based MicroLEDs instead of traditional copper wires, is pleased to announce that it has raised $15,095,412 in a private placement offering. In the offering, the Company sold 3,773,853 shares of its common stock at a purchase price of $4.00 per share.
