MARKET

PALX

PALX

Palomino Laboratories Inc
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Press Release: Palomino Laboratories Inc. Closes $15 Million at $4/share
Dow Jones · 04/27 11:05
About PALX
Palomino Laboratories Inc is a fabless semiconductor company. The Company provides microLED-based optoelectronic solutions for data communication. Its technology is built around microLEDs, tiny lights that can send data at high speeds while using much less energy. The Company provides a commercializing platform built on gallium nitride (GaN) compound semiconductor materials. This proprietary technology enables scalable and cost-efficient manufacturing of ultra-compact, high-speed optical transceivers, with significant improvements in power, size, and bandwidth density over traditional laser-based solutions. Its optical transceiver sends and receives data using light. Its products target short-reach, high-speed optical links for PCIe Gen 6+ and Ethernet backplanes, especially in markets where speed, latency, energy consumption, and interconnect density are critical.

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