Helio Corp Stock Price, News & Analysis

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.

Heliospace, a subsidiary of Helio (OTC PINK:HLEO), has secured two Small Business Innovation Research (SBIR) awards from NASA. The funding will support the development of two key technologies: a new mechanical release mechanism and a unique deployable boom, both designed for CubeSat and small spacecraft applications.

The initial Phase I awards cover a six-month development period, with potential for Phase II funding based on technical feasibility and commercialization potential. CEO Greg Delory emphasized that these developments mark an important step toward vertical integration while expanding customer capabilities.

The SBIR program, along with the Small Business Technology Transfer (STTR) program, operates under America's Seed Fund and is coordinated by the Small Business Administration, with participation from 11 federal agencies.

Heliospace, a subsidiary of Helio (OTC PINK:HLEO), has announced the successful deployment of radar antennas on NASA's Europa Clipper spacecraft. The company designed, assembled, tested, and delivered two types of antennas: two High Frequency (HF) antennas extending over 55 ft in length, and four Very High Frequency (VHF) antennas deploying to approximately 9 feet.

The radar antennas, featuring an extremely compact design, are positioned on the edges of the Europa Clipper spacecraft solar arrays. They are part of the REASON instrument (Radar for Europa Assessment and Sounding: Ocean to Near-surface), led by Dr. Donald Blankenship of the University of Texas, Austin. The instrument is designed to study Europa's icy crust from near-surface to ocean, aiming to reveal the moon's ice shell structure and potential water presence.

Heliospace, a subsidiary of Helio (OTC Pink:HLEO), has announced the successful launch of its deployable radar antennas aboard the NASA Europa Clipper spacecraft on Oct 14, 2024. The antennas, designed and delivered under contract with Caltech, are part of the REASON instrument for exploring Jupiter's moon Europa. The compact design features two large dipole antennas extending up to 17.6m in length, plus four smaller dipoles. The radar system will help characterize Europa's icy crust from surface to ocean, supporting NASA's mission to explore potential conditions for life on the moon.

Helio (OTC PINK:HLEO) has announced a name and symbol change, effective August 14, 2024. The company, formerly known as Helio Space, is now officially Helio with the new trading symbol HLEO.

According to the latest Form 1-SA, the company's leadership includes:

• Gregory T. Delory - CEO, President, and Director
• Joseph T. Pitman - CTO and Director
• Paul S. Turin - Chief Engineer and Director

Helio , based in Berkeley, CA, is a technology, engineering, and R&D holding company. Its wholly-owned subsidiary, Heliospace , specializes in aerospace, focusing on space flight hardware design and systems engineering. The company has 11,194,633 outstanding shares of common stock, with a public float of 218,900 shares.