Business
Helio Corporation Announces Strategic Entry into Space-Based Solar Power (SBSP), Establishing New Long-Term Growth Platform
Helio Corporation Announces Strategic Entry into Space-Based Solar Power (SBSP), Establishing New Long-Term Growth Platform.
About this update from Helio Corporation
[{"type":"text","content":"\r\n\r\n \r\n \r\n Helio Corporation Announces Strategic Entry into Space-Based Solar Power (SBSP), Establishing New Long-Term Growth Platform\r\n \r\n \r\n\r\n\r\nHelio Corporation Announces Strategic Entry into Space-Based Solar Power (SBSP), Establishing New Long-Term Growth Platform\r\n\r\n\r\n\r\n\r\n\r\nHelio’s mission expands to deliver innovative solutions addressing critical global energy needs while creating long-term shareholder value Berkeley, California, Jan. 06, 2026 (GLOBE NEWSWIRE) -- On January 6, 2026, the Board of Directors (the “Board”) of Helio Corporation (OTCID: HLEO) (“Helio” or the “Company”) today announced a strategic initiative to develop and commercialize space-based solar power (“SBSP”) systems designed to deliver continuous, renewable energy sourced from the sun for terrestrial use. The initiative marks Helio’s expansion into new addressable markets through the application of proprietary intellectual property, with a focus on high-reliability renewable energy generation from solar power plants deployed in space. By positioning power-generation assets in orbit and transmitting energy to terrestrial receivers, Helio aims to provide baseload electricity that is uninterrupted by weather conditions, geographic constraints, or diurnal cycles. The Company believes that recent advancements in lower-cost launch capabilities and power transmission technologies have materially improved the technical feasibility of SBSP while supporting competitive energy economics, including an attractive levelized cost of energy (LCOE). Management believes this initiative has the potential to establish a durable and scalable revenue platform, enhancing long-term shareholder value while positioning Helio at the forefront of next-generation renewable energy solutions. “This announcement marks an important step in the evolution of our business,” said Ed Cabrera, Chief Executive Officer of Helio Corporation. “Space-based solar power aligns directly with our core competencies and engineering expertise. It enables us to address some of the most pressing challenges facing the global renewable energy market while unlocking significant long-term value for our shareholders. We believe that developing and deploying a scalable SBSP solution c...