Helio(OTC) HLEO

Helio builds hardware and provides engineering for space missions. Its products help government and private groups send equipment into space. These solutions support science, communication, and exploration projects.

Products and Services

• Space Flight Hardware: Deployable mechanisms, antennas, booms, and sensors for spacecraft (75% of revenue from government contracts).
• Payloads: Radar, radio frequency (RF) systems, and optical devices for scientific and communication missions.
• Systems Engineering: Modeling, analysis, integration, and mission planning for space projects.
• Payload Integration: Testing and assembling scientific instruments for launch and operation in space.

Growth and Expansion

• Expanded into Space Based Solar Power solutions as of early 2026.
• Supported major NASA missions, including Europa Clipper and SunRISE.
• Increased focus on private and defense contracts.
• Plans to upgrade facilities and management systems pending new financing.

What Makes Helio Stand Out

Helio’s expertise in space-qualified hardware supports high-profile science missions. Its close ties with NASA and other agencies provide steady project opportunities. The company is diversifying into commercial and defense markets to reduce reliance on government funding.

Five Things You Need to Know

• Revenue was $495,550 in Q1 2026, down 65% from Q1 2025.
• Gross margin was about 51% in Q1 2026.
• Net loss increased 306% to $3.7 million in Q1 2026.
• Four customers made up nearly all accounts receivable in January 2026.
• Helio had $282,061 in cash and $5 million in liabilities at January 2026.

Bottom Line

Helio has evolved from a niche government contractor to a broader space hardware provider. The company faces financial challenges but is adapting by expanding into new markets and services.