North American Helium
North American Helium is a Calgary-based private helium exploration and production company founded in 2013 that extracts helium from inert nitrogen deposits, operates Canada's largest helium purification facility, and produces approximately 8% of North American helium for industrial customers in semiconductor, aerospace, and healthcare markets.
- Company typePrivate
- Founded2013
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What North American Helium does
North American Helium Inc. (NAH) is a Calgary-based, privately held helium exploration and production company founded in 2013 by Nicholas Snyder. The company extracts helium from subterranean deposits of inert nitrogen, deliberately positioning its operations independent of hydrocarbon (oil and gas) projects. NAH holds the largest helium land position in Canada, operates Canada's largest helium purification facility, and is the most active helium driller in the country, currently producing approximately 8% of all helium in North America. The company has shipped over 250 ISO containers to customers worldwide since 2020 and operates field locations in Saskatchewan and Utah alongside a Calgary corporate office, with approximately 50 full-time staff split between field and corporate functions.
The company's operations span three interconnected functions: Helium Exploration (discovering new supply across its land positions), Helium Production (extracting and purifying helium at its Canadian facility), and Helium Development (building new fields and infrastructure, including a planned helium liquefaction facility in Saskatchewan that would be Canada's first, intended to reduce dependence on U.S. liquefaction infrastructure). A strategic partnership with Helium Evolution Incorporated covers co-operation of the Soda Lake Facility in Saskatchewan at 12 million cubic feet per day capacity across 5+ million acres of joint land rights.
NAH operates a B2B commodity sales model, selling helium directly to industrial end-users in semiconductor manufacturing, aerospace, and healthcare. The company raised C$127 million in equity financing in November 2021 led by XM Capital to fund exploration, development, and increased production, and is led by Founder/Chairman/CEO Nicholas Snyder, with Marlon McDougall as President & COO, Neil Burrows as CFO, and David Allen as EVP Exploration and Planning.
North American Helium firmographics
Firmographics- Name
- North American Helium
- Legal name
- North American Helium
- Website
- https://nahelium.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- North American Helium is a Calgary-based private helium exploration and production company founded in 2013 that extracts helium from inert nitrogen deposits, operates Canada's largest helium purification facility, and produces approximately 8% of North American helium for industrial customers in semiconductor, aerospace, and healthcare markets.
- Ownership category
- akta.pro rank
North American Helium industry classification
Industry- Product category
- Industrial Gas Production
- NAICS
- Industrial Gas Manufacturing (32512)
- SIC
- Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Helium & Rare Gases (Neon/Krypton/Xenon) (IMAEACAD)
- akta.pro secondary industries
- Cryogenic Liquids & Distribution (IMAEACAK), Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)
Keywords
Where North American Helium is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
North American Helium business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Helium Production and Sales: North American Helium generates revenue through helium exploration, development, and production. The company sells helium to industrial customers worldwide, with a focus on reliable, geopolitically secure supply sources.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
North American Helium product offering
Product offeringCore offering
North American Helium explores, develops, and produces helium from subterranean deposits of inert nitrogen, operating Canada's largest helium purification facility that produces approximately 8% of all helium in North America. The company holds the largest helium land position in Canada, is the most active helium driller in the country, and ships helium to industrial customers worldwide in ISO containers. NAH is also developing Canada's first helium liquefaction facility in Saskatchewan to reduce dependence on U.S. processing infrastructure.
Product overview
North American Helium is a helium exploration and production company operating as a single unified business rather than a platform-plus-modules architecture. The company operates three core interconnected functions: Helium Exploration (discovering and growing new helium supply across their extensive land positions in Canada and Utah), Helium Production (extracting and purifying helium at Canada's largest helium purification facility producing approximately 8% of North American helium), and Helium Development (developing new fields and infrastructure including Canada's first planned helium liquefaction facility). The company ships helium to customers worldwide, having delivered over 250 ISO containers since 2020. The business model integrates vertical operations from exploration through production and marketing/logistics.
Differentiator
Problem solved
Functional benefit
Products and services
- Helium Production North American Helium produces helium as its primary product, operating Canada's largest helium purification facility that produces approximately 8% of all helium in North America. The company has shipped over 250 ISO containers of helium to industrial customers worldwide since 2020.
- Helium Exploration Active discovery and growth of new helium supply in North America, supported by the largest helium land position in Canada and status as the most active helium driller in the country.
- Helium Development Development of helium fields and supporting infrastructure, including plans to build Canada's first helium liquefaction facility in Saskatchewan to reduce dependence on U.S. facilities.
Quantifiable outcome
- ~8% of North American helium production
- +1 more outcomes
Companies that use North American Helium
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
North American Helium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
North American Helium partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Helium EvolutioncoreHelium Evolution holds over five million acres of helium land rights in southern Saskatchewan and partners with North American Helium as Canada's largest helium producer. Helium Evolution's Soda Lake Facility in Saskatchewan is operated collaboratively with North American Helium, producing at a capacity of 12 million cubic feet per day.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
North American Helium competitors and assessment
Company assessmentBroad incumbents
- Messer Group: Privately held global industrial gases company producing and distributing helium and other gases to industrial customers in the Americas, Europe, and Asia. Comparable broad incumbent competing with NAH for helium offtake agreements.
- Air Products and Chemicals: Industrial gas major with significant global helium sourcing and supply contracts. Comparable to NAH as a supplier of helium to semiconductor and industrial customers, with much broader scale and product range.
- Linde plc: Global industrial gases major producing and distributing helium, oxygen, nitrogen, and other gases to semiconductor, healthcare, and industrial customers worldwide. Overlaps with NAH in helium supply but serves customers as part of a much broader industrial gas portfolio.
- Air Liquide: Global industrial gas company with major helium production and distribution capabilities serving electronics, healthcare, and aerospace customers. A broad incumbent competing for the same end markets as NAH, though at much larger scale.
Direct peers
- Global Helium: Canadian helium exploration and production company pursuing helium assets in southern Saskatchewan and Alberta. Directly comparable peer to NAH in target commodity, Canadian geographic focus, and upstream E&P business model.
- Helium Evolution Incorporated: Canadian helium exploration and production company operating in southern Saskatchewan with over five million acres of helium land rights. It is NAH's core operational partner (Soda Lake Facility) and the closest directly comparable Canadian helium producer.
- Royal Helium: Canadian helium-focused E&P company developing helium projects in Saskatchewan and Alberta. Comparable to NAH in target commodity, exploration model, and customer base, although at an earlier stage of production.
- Avanti Helium: Canadian helium exploration company focused on helium production from non-hydrocarbon sources in Western Canada. Directly comparable to NAH in resource focus, geography, and customer segment targeting.
Emerging players
- Desert Mountain Energy: Helium exploration and production company operating primarily in the southwestern United States, including Arizona and Utah. Comparable to NAH's Utah expansion and non-hydrocarbon helium focus, though at a smaller scale.
- IACX Energy: U.S.-based helium producer focused on small-scale, distributed helium recovery and production. Comparable to NAH in being a dedicated (non-major) helium supplier, but operating at smaller scale and with a different geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
North American Helium social profiles
Digital presenceNorth American Helium financial estimates
Financial estimateRevenue estimate
Valuation estimate
North American Helium leadership team
Management profileNumber of profiles
Profiles4 records
North American Helium funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
North American Helium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about North American Helium
What does North American Helium do?
North American Helium explores, develops, and produces helium from subterranean deposits of inert nitrogen, operating Canada's largest helium purification facility that produces approximately 8% of all helium in North America. The company holds the largest helium land position in Canada, is the most active helium driller in the country, and ships helium to industrial customers worldwide in ISO containers. NAH is also developing Canada's first helium liquefaction facility in Saskatchewan to reduce dependence on U.S. processing infrastructure.
Is North American Helium a public or private company?
North American Helium is a private company. It is classified as venture growth investor backed and is currently operating.
When was North American Helium founded?
North American Helium was founded in 2013. It employs 11 to 50 people.
Where is North American Helium based?
North American Helium is headquartered in Calgary, Canada, in the North America region.
How does North American Helium make money?
One revenue line is on record: helium Production and Sales.
Who are North American Helium's main competitors?
Broad incumbents on record are Messer Group, Air Products and Chemicals, Linde plc and Air Liquide. Direct peers are Global Helium, Helium Evolution Incorporated, Royal Helium and Avanti Helium. Emerging players are Desert Mountain Energy and IACX Energy.
Does North American Helium have an API?
No public API is recorded for North American Helium.
What industry is North American Helium in?
North American Helium's product category is Industrial Gas Production. Its primary akta.pro industry code is IMAEACAD, Helium & Rare Gases (Neon/Krypton/Xenon), with a secondary code of IMAEACAK, Cryogenic Liquids & Distribution. Its NAICS code is 32512 and its SIC code is 1382.