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Helio Corporation (HLEO) delivers cutting-edge aerospace engineering solutions and space systems integration for government and commercial partners. This news hub provides investors and industry professionals with comprehensive updates on corporate developments, technological breakthroughs, and mission-critical projects.
Access official press releases covering earnings announcements, strategic partnerships, and R&D milestones. Stay informed about contract awards with space agencies, hardware deployment progress, and leadership updates from this NASA-collaborative engineering specialist.
All content undergoes strict verification to ensure accuracy regarding HLEO's aerospace design initiatives and Heliospace Corporation subsidiary activities. Bookmark this page for direct access to primary source materials about space flight hardware developments and civil space mission contributions.
Heliospace (OTCID:HLEO) warned that recent reductions in the NASA science program and the ongoing government shutdown could negatively affect near-term performance.
The company noted a history of work on missions including Europa Clipper, James Webb Space Telescope, CLPS, and the upcoming SunRISE mission and said workforce reductions at NASA centers threaten continued contributions.
Heliospace identified debt restructuring as its current near-term priority and is negotiating with note holders to strengthen long-term financial health.
Heliospace Corp. (OTC:HLEO) has announced the successful completion of its mission objectives on the Moon as part of Firefly Aerospace's Blue Ghost Mission 1. The company's deployable hardware, including Remote Electrodes extending up to 60 feet and a unique magnetic field sensor, successfully operated as part of the Lunar Magnetotelluric Sounder (LMS) experiment.
The mission represents a significant milestone as the first-ever deployment of such measurement systems directly on the lunar surface. The hardware deployment was captured on video, showing a Remote Electrode deployment with Earth visible in the background. The LMS experiment, led by Southwest Research Institute, aims to study the Moon's internal structure by measuring low-frequency electromagnetic fields.
The successful mission, part of NASA's Commercial Lunar Payload Services (CLPS) initiative, validates Heliospace's systems in the challenging lunar environment.Heliospace (OTC:HLEO) has secured a NASA Phase I Small Business Innovation Research (SBIR) grant for its innovative Deployable Baffle by SABER System (DeBSS). The technology is designed to enhance space telescope performance by providing stray light suppression and micrometeorite protection for primary mirrors.
The company's compact baffle design utilizes SABER™ actuators to transform from a small stowed configuration during launch into a rigid structure in space. This innovative approach requires less mass and volume compared to traditional fixed baffles, potentially enabling larger and more powerful space telescopes to be deployed.
Heliospace (OTC:HLEO) has achieved a significant milestone with the successful in-flight operation of its radar antennas aboard NASA's Europa Clipper spacecraft during a Mars flyby on March 1, 2025.
The company's contribution includes two High Frequency (HF) antennas extending over 55 feet and four Very High Frequency (VHF) antennas reaching 9 feet in length. These antennas are part of the REASON instrument, designed to explore Europa's icy shell for potential liquid water. The successful Mars flyby test validates Heliospace's antenna design and performance, positioning the company for future NASA collaborations.
Heliospace Corp., a subsidiary of Helio Corporation (OTC:HLEO), has secured a NASA Phase II Small Business Innovation Research (SBIR) Grant for its QuasiStatic Release Mechanism (QSRM). This next-generation release mechanism generates minimal shock during actuation, making it ideal for sensitive equipment in flight systems.
The QSRM technology offers significant advantages, including reduced shock during actuation, field resetability to reduce project costs and schedule risks, and improved verification capabilities. The mechanism is particularly suitable for sensitive electronics, optical systems, avionics, and sensors where shock mitigation is crucial.
Heliospace Corp., a subsidiary of Helio Corporation (OTC:HLEO), has secured a NASA Phase II Small Business Innovation Research (SBIR) Grant for its innovative 6 Meter Antenna and Boom System. The system is part of their CubeSat-class Spiral Actuated Boom - Extended and Rigidized (SABER™) product line.
The SABER™ technology addresses previous design limitations by offering improved technical performance, cost-effectiveness, and manufacturability. The system features a modular approach and miniaturized mechanism, providing enhanced deployed length and small form factor capabilities. This vertically integrated solution enables global space mission developers to implement finely tuned deployable monopole antennas and precision-length booms for sensors.
Heliospace (OTC:HLEO) has successfully deployed its hardware on Firefly Aerospace's Blue Ghost Mission 1 (BGM1) lunar lander. The company's equipment includes deployable mechanisms and sensors for the Lunar Magnetotelluric Sounder (LMS) experiment, led by Southwest Research Institute.
The deployment features Remote Electrodes extending up to 60 feet in four directions from the lander, creating a large low-frequency antenna on the lunar surface. Additionally, Heliospace provided a compact boom that deploys a magnetometer sensor from the lander deck to measure magnetic fields. These systems support the LMS experiment's goal of studying the Moon's internal mantle structure.
The BGM1 lander, carrying 10 NASA science investigations, successfully landed in the Mare Crisium basin as part of NASA's Commercial Lunar Payload Services (CLPS) initiative, which aims to study the lunar environment before future human missions.
Heliospace Corp. (OTC PINK:HLEO) has announced the appointment of Mike Menzel, a distinguished NASA veteran, to a senior technical position. Menzel, who brings over 43 years of aerospace industry experience, will lead the development of advanced complex space systems.
His career spans 23 years in commercial and defense missions and 20 years at NASA, where he served as NASA Mission Systems Engineer for the James Webb Space Telescope and the Habitable World Observatory. Menzel's expertise is validated by numerous prestigious accolades, including multiple NASA awards, the IEEE Simon Ramo Medal, and the AIAA Goddard Astronautics Award.
Heliospace Corp. (OTC PINK:HLEO) has strengthened its Space Systems Engineering Team with three former JPL and NASA senior technical staff members. Brian Childs, former Chief Mechanical Engineer for Department of Defense Flight Programs and Mars Sample Return mission, brings expertise in mechanical and structural design. James Cooper, with 33 years of mechanical engineering experience, previously served as Lead Mechanical Engineer for Hubble Space Telescope servicing and NASA James Webb Space Telescope Sunshield Manager. Shaun Thomson, a 35-year NASA veteran, joins with extensive thermal engineering experience from various NASA missions, including his role as Thermal Subsystem Lead Engineer for JWST.
Heliospace, a subsidiary of Helio (OTC PINK:HLEO), has successfully launched its hardware on the Blue Ghost Mission 1 (BGM1) lander. The company provided deployable mechanisms and sensors for the Lunar Magnetotelluric Sounder (LMS) experiment, led by Southwest Research Institute.
The hardware includes unique sensors that deploy up to 60 feet from the lander to measure low-frequency electric waves at the lunar surface, along with a compact deployable boom for magnetometer sensor deployment. The BGM1 mission, built by Firefly Aerospace, will land in the Mare Crisium basin, carrying 10 NASA science investigations as part of the NASA Commercial Lunar Payload Services (CLPS) program.