Addition to my Watch List: Helio Corp. (HLEO)

[dan_s]

Next week Heliospace is hosting luncheons in Dallas on February 23 and Houston on February 24. There is also a dinner in Houston on February 24.
These are not EPG luncheons, but EPG members are invited to attend. Sabrina will be sending out details on how to register soon.
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Heliospace (part of Helio Corporation, OTC:HLEO) had recent major news: on January 6, 2026, they announced a new strategic push into Space-Based Solar Power (SBSP) to provide continuous clean energy from orbit, alongside appointing a new CEO (Edward Cabrera) and Chairman on January 5, 2026, signaling a new growth phase. Previously, in late 2025, they converted founder loans to equity to strengthen their balance sheet, and earlier in 2025, they had successful hardware deployments on NASA's Europa Clipper and lunar missions, plus a NASA SBIR award.

Key Recent Developments (Late 2025 - Early 2026):
> Space-Based Solar Power (SBSP) Initiative (Jan 6, 2026): Helio Corporation is entering the SBSP market to transmit solar energy from space to Earth, aiming to provide reliable, baseload renewable power.
> New Leadership (Jan 5, 2026): Edward Cabrera became CEO and Chairman, replacing founder Gregory T. Delory (now CTO), with Stuart Bale as Chief Science Officer and Paul Turin as Chief Engineer, indicating a new strategic direction.
> Founder Loan Conversion (Dec 2025): Founders converted over $1 million in debt into equity, improving the company's capital structure.

Past Highlights (2025):
> Europa Clipper: Successful in-flight testing of radar antennas aboard NASA's Europa Clipper mission.
> Lunar Mission: Heliospace hardware successfully completed its mission on the Moon.
> NASA SBIR Award: Won a Phase II award for a large deployable antenna system for CubeSats.
In essence, Heliospace (Helio Corp) is pivoting towards large-scale space energy solutions, underpinned by recent leadership changes and strengthened finances, building on previous successes in lunar and deep space.

Link to the company's website: https://helio.space/