Heliospace
Heliospace designs and delivers space-qualified deployable antennas, booms, sensors, and release mechanisms for NASA and commercial space missions, and is developing a Space-Based Solar Power constellation targeting $0.10-$0.20 per kWh baseload energy.
- Company typePrivate
- Founded2018
- HeadquartersBerkeley, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Heliospace does
Heliospace Corporation is a wholly-owned subsidiary of Helio Corporation (OTC pink: HLEO) that designs and delivers space-qualified hardware — deployable antennas, booms, sensors, and mechanical release mechanisms — for government and commercial space missions. Founded in 2018 in Berkeley, California, the company has supported more than 40 space flight missions and delivered over 125 instruments across programs including Europa Clipper, James Webb Space Telescope, Parker Solar Probe, and multiple Commercial Lunar Payload Services (CLPS) and Artemis missions for NASA, ESA, CNES, Blue Origin, Firefly Aerospace, and others. NASA and its subcontractors accounted for approximately 71% of FY2025 revenue, with the remainder derived from SBIR R&D awards, commercial space contracts, and emerging international engagements.
Heliospace's revenue is generated primarily through individually negotiated government and commercial contracting on space hardware (deployable systems, sensors, and mechanism design/build/test services), supplemented by NASA SBIR Phase I/II R&D awards and a growing IP licensing and scaled-manufacturing roadmap. Proprietary technologies include the SABER deployable antenna, the QuasiStatic Release Mechanism (QSRM), and a 6-meter CubeSat antenna/boom system that extends beyond the industry-standard ~3-meter limit and re-establishes domestic U.S. production of the component. The company is positioning for a strategic shift toward Space-Based Solar Power (SBSP), developing a modular SolarSat / HelioFlux satellite constellation that collects solar energy in orbit, converts it to microwave beams, and transmits it to ground-based rectenna stations, with a targeted levelized cost of $0.10-$0.20 per kWh. Early SBSP commercial validation has been secured via MOUs with ELISIUM (a 4,000-acre South Florida microcity developer) and Poderosa (a Peru-based mining operator), with regional sales-rep agreements covering Latin America, Canada, Haiti, and the Philippines. Heliospace's go-to-market combines direct enterprise sales to NASA centers and commercial space primes for hardware with a new channel-partner-led model for SBSP, while the parent company is pursuing an NYSE uplisting and has reduced total debt from approximately $3.4M to under $1M over the past year.
Heliospace firmographics
Firmographics- Name
- Heliospace
- Legal name
- HelioSpace Corporation
- Website
- https://helio.space
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Heliospace designs and delivers space-qualified deployable antennas, booms, sensors, and release mechanisms for NASA and commercial space missions, and is developing a Space-Based Solar Power constellation targeting $0.10-$0.20 per kWh baseload energy.
- Ownership category
- akta.pro rank
Heliospace industry classification
Industry- Product category
- Space-Qualified Aerospace Hardware
- NAICS
- Guided Missile and Space Vehicle Manufacturing (336414), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Satellite Telecommunications (5174)
- SIC
- Guided Missiles & Space Vehicles & Parts (3760)
- akta.pro primary industry
- Spacecraft & Satellites (Civil/Commercial) (IMABACAB)
- akta.pro secondary industries
- Space Payloads & Instruments (Sensors, Comms, EO/IR) (IMABACAD), Space Structures, Mechanisms & Thermal Control (IMABACAF), Space Power Systems (Solar Arrays, Batteries, EPS) (IMABACAH)
Keywords
Where Heliospace is headquartered
LocationHeadquarters
- HQ city
- Berkeley
- HQ country
- United States
- HQ region
- North America
Markets served
Heliospace business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales, Others
Revenue model
- Core Space Systems & Contracting: Near-term revenue from delivery of mission-critical hardware including deployable antennas, sensors, and space-qualified systems to government and commercial customers. Includes NASA SBIR awards and Artemis contracts.
- Intellectual Property Licensing: Licensing of proprietary deployable systems and space solar power technologies to partners worldwide, generating high-margin recurring revenue. Includes formal IP buildout covering patents, trade secrets, and brand protection.
- Scaled Manufacturing: Volume production of space-qualified systems as demand accelerates, improving margins and creating strong barriers to entry. Includes mass manufacturing of components like the 6-meter CubeSat antenna/boom system.
- Space-Based Solar Power (SBSP) Energy Sales: Long-term deployment of space solar power infrastructure addressing a massive global clean energy market. Targeted LCOE of $0.10-$0.20 per kWh (aggressive scenario $0.07/kWh). Helio plans to pre-sell future power capacity with first customers signed (ELISIUM, Poderosa).
- Utility Token Offering: $20 million non-dilutive utility token offering to advance the Space-Based Solar Power (SBSP) initiative, providing capital without dilution to existing shareholders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | SBSP baseload power at $0.10–$0.20 per kWh (target), with aggressive scenario at $0.07/kWh |
| Other | Multi-year contract | Quote-based / Not publicly disclosed for space hardware and SBSP energy services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Heliospace product offering
Product offeringCore offering
Heliospace designs, manufactures, and delivers space-qualified hardware including deployable antenna systems, mechanical release mechanisms, deployable booms, and sensors for NASA, ESA, and commercial space customers. The company has supplied flight-proven hardware across 40+ space missions and is building a long-term Space-Based Solar Power (SBSP) platform based on a modular SolarSat/HelioFlux satellite constellation that beams solar energy via microwave to ground rectennas for 24/7 baseload power delivery.
Differentiator
Problem solved
Functional benefit
Products and services
- Space-Based Solar Power (SBSP) Platform End-to-end space-based solar power system that collects solar energy in orbit using a constellation of SolarSats, converts it to microwave beams, transmits it to ground rectenna stations, and delivers baseload 24/7 electricity to utilities, mining operators, real estate developers, and industrial customers. Modeled wholesale energy cost of $0.10–$0.20 per kWh, with aggressive assumptions as low as ~$0.07/kWh.
- SolarSat / HelioFlux Satellite Constellation Modular satellite platform underpinning the SBSP architecture, using lightweight deployable solar films for maximum collection area with minimal mass and precision microwave transmission targeting for delivery to ground rectennas. Scalable from megawatts to gigawatts of installed capacity.
- Deployable Radar Antennas (Europa Clipper-class) Flight-proven deployable radar antenna hardware delivered for NASA's Europa Clipper mission to Jupiter's moon Europa and similar deep-space radar antenna applications, built on Heliospace's large deployable systems expertise.
- Constellation Antennas (CubeSat-class) Constellation antenna systems delivered for small-satellite/CubeSat programs such as the Sunrise CubeSat constellation, part of Heliospace's deployable systems product family for distributed space systems and constellation deployments.
- SABER Deployable Antenna Technology Proprietary deployable antenna system technology that was awarded under an approximately $900,000 NASA contract to support the DUSTER experiment on a future Artemis mission, built on Heliospace's deployable systems heritage.
- 6-Meter Deployable Antenna and Boom System (CubeSat) NASA-funded 6-meter deployable antenna and boom system for CubeSat-class spacecraft that extends CubeSat antenna/boom length beyond the industry-standard ~3-meter limit while re-establishing domestic U.S. production for the component, advancing toward commercial adoption across civil, commercial, and defense satellite markets.
- QuasiStatic Release Mechanism (QSRM) Next-generation mechanical release device developed under NASA SBIR Phase II for spacecraft component deployment on CubeSats and small aerospace vehicles, with planned shock, latch load, lifecycle, and proof load test campaigns to validate functional, structural, and environmental performance for transition into flight programs.
- EarthGuard Large Scale Deployable System Large-scale deployable system engineering offering positioned within Heliospace's portfolio of large deployable structures alongside its lunar lander sensors and constellation antennas.
- Lunar Magnetotelluric Sounder (LMS) Instrument Suite Electrometer sensors and deployable boom delivered for Firefly Aerospace's Blue Ghost 1 lunar lander under NASA's Commercial Lunar Payload Services (CLPS) initiative to characterize the Moon's interior structure and composition; LMS led by Dr. Robert Grimm of the Southwest Research Institute.
- Deployable Sensors for Lunar Lander Missions Deployable sensors delivered for lunar lander missions under NASA's CLPS and Artemis programs, part of Heliospace's flight-proven deployable hardware portfolio.
Quantifiable outcome
- $45M in revenue from 2018–2025 as a NASA legacy supplier
- +8 more outcomes
Companies that use Heliospace
Customer profileNamed customers13 records
Segments6 records
Ideal customer profiles4 records
Heliospace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Heliospace partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, flagship and minor.
- Mox Core CorporationcoreStrategic sales representative agreement covering mining and industrial markets across South America including Peru, Ecuador, Bolivia, Colombia, Venezuela, Chile, and Argentina for the Space-Based Solar Power (SBSP) platform. Partnership structured to leverage local market expertise while Helio retains control over customer selection, commercial terms, and technology deployment decisions.
- SmartCard Marketing Systems Inc.coreStrategic sales representative agreement covering Canada, Haiti, and the Philippines for the Space-Based Solar Power (SBSP) platform. Part of Helio's effort to establish a pipeline of prospective customers and pilot projects ahead of commercialization.
- ELISIUM, LLCflagshipMemorandum of Understanding as Helio's first customer for Space-Based Solar Power. ELISIUM is a developer of a planned 4,000-acre microcity in South Florida. Agreement provides early commercial validation and initial development funding for Helio's SBSP system. Positions ELISIUM as an early adopter of wireless energy transmission technology.
- NASA (and NASA centers: JPL, Goddard Space Flight Center)flagshipPrimary customer and mission partner since founding in 2018. Helio supplies space-qualified hardware including deployable radar antennas for Europa Clipper, support for the James Webb Space Telescope, Parker Solar Probe, and multiple lunar missions. NASA represents ~71% of FY2025 revenue and is the source of multiple SBIR awards and Artemis contracts (~$900K DUSTER experiment, Artemis IV Deployed Instruments).
- Firefly AerospacecoreHelio designed, assembled, tested, and delivered electrometer sensors and a deployable boom for the Lunar Magnetotelluric Sounder (LMS) experiment aboard Firefly's Blue Ghost Mission 1 lunar lander (NASA CLPS program). Additional hardware delivered for two upcoming CLPS missions and a Firefly Aerospace lunar orbiter scheduled for late 2026. CTO Greg Delory serves as a science Co-Investigator on the LMS experiment.
- Blue OrigincoreHardware supplied for Blue Origin MK I and MK II Lunar Landers as part of NASA's diversified commercial lunar strategy. Partnership validates the multi-provider approach alongside SpaceX.
- European Space Agency (ESA)coreHelio hardware operational in space supporting ESA missions including the Solar Orbiter RPW (Radio and Plasma Waves) Antennas. Established relationship across the lunar and deep space supply chain.
- Southwest Research Institute (SwRI)coreLead organization on the Lunar Magnetotelluric Sounder (LMS) experiment led by Dr. Robert Grimm. Helio co-founder and CEO Dr. Greg Delory is a science Co-Investigator on the experiment. Helio designed and delivered electrometer sensors and a deployable boom.
- CNES (Centre National d'Études Spatiales)minorPartner on international space missions with logo presence on Helio's client/partners page.
- Columbia UniversityminorResearch partner for university space programs, with logo listed on Helio's client/partners page.
- UC BerkeleyminorResearch partner and home institution of CTO Dr. Greg Delory. Listed among Helio's clients/partners.
- Poderosa (Peru)coreNew mining customer in Peru signed as part of Helio's active contract pipeline exceeding $12 million. Pilot program for SBSP technology validation in industrial/residential use.
- Commercial aerospace & defense company (undisclosed)coreOne of three new aerospace and research contracts secured in March 2026; supports near-term revenue growth and long-term SBSP technology development.
- Major research laboratory (undisclosed)coreNew research contract secured in March 2026 as one of three new aerospace and research contract wins. Fully executed.
- University space research center (undisclosed)minorNew university space research contract secured in March 2026 as one of three new aerospace and research contract wins; expected to be fully executed shortly.
Scale indicators14 records
Recent moves2 records
Expansion highlights6 records
Heliospace competitors and assessment
Company assessmentDirect peers
- Honeybee Robotics: Space mechanisms and deployable systems supplier (now a Blue Origin subsidiary) already partnering with Heliospace on lunar lander missions. Directly comparable product portfolio across deployable booms, sensors, and instruments for NASA and commercial space.
- MMA Design LLC: Deployable space structures specialist (booms, antennas, solar arrays) supplying NASA, DoD, and commercial missions. Comparable on deployable systems IP, smallsat/CubeSat subsystem focus, and government-contract revenue model.
- L'Garde, Inc. Long-standing NASA contractor specializing in large deployable space structures and inflatable antennas. Directly comparable on deployable systems heritage and NASA SBIR/STTR funding profile.
- Redwire Corporation: Public space hardware company (NYSE: RDW) with a deployable structures and space mechanisms portfolio competing for the same NASA SBIR/CLPS contracts. Highly comparable on mission-critical deployable hardware, government customer mix, and smallsat/CubeSat subsystems.
Broad incumbents
- Lockheed Martin Space: Largest U.S. space prime with broad NASA and DoD programs including Orion, deep space exploration, and SBIR prime contractor status. Incumbent competitor for high-value space hardware opportunities Helio targets.
- Astro Aerospace (Northrop Grumman): Northrop Grumman subsidiary and industry leader in deployable space structures (AstroMesh reflectors, booms, antennas) with deep NASA heritage. A scaled incumbent competitor on the same deployable-systems programs Helio targets.
- Northrop Grumman: Major space prime with deep NASA, DoD, and intelligence community relationships across deployable structures, lunar landers, and deep space missions. Broad incumbent setting the competitive bar on Helio's government-customer programs.
Emerging players
- Aetherflux: Emerging U.S. space-based solar power company developing orbital solar-to-electricity transmission. Most direct emerging competitor in the commercial SBSP thesis that is central to Helio's forward narrative.
- Oxford Space Systems: UK-based developer of deployable antenna and boom structures for small satellites. Comparable product focus (deployable CubeSat/smallsat antennas) and competing for similar commercial and government customer pipelines.
- Virtus Solis: Space-based solar power startup developing MW-class orbital solar power beaming systems. Comparable long-dated SBSP thesis targeting commercial baseload electricity, competing for the same future customer set.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Heliospace social profiles
Digital presenceHeliospace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heliospace leadership team
Management profileNumber of profiles
Profiles7 records
Heliospace funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
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Heliospace 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 Heliospace
What does Heliospace do?
Heliospace designs, manufactures, and delivers space-qualified hardware including deployable antenna systems, mechanical release mechanisms, deployable booms, and sensors for NASA, ESA, and commercial space customers. The company has supplied flight-proven hardware across 40+ space missions and is building a long-term Space-Based Solar Power (SBSP) platform based on a modular SolarSat/HelioFlux satellite constellation that beams solar energy via microwave to ground rectennas for 24/7 baseload power delivery.
Is Heliospace a public or private company?
Heliospace is a private company. It is classified as public and is currently operating.
When was Heliospace founded?
Heliospace was founded in 2018. It employs 11 to 50 people.
Where is Heliospace based?
Heliospace is headquartered in Berkeley, United States, in the North America region.
How does Heliospace make money?
Five revenue lines are on record. Core Space Systems & Contracting is the primary driver. The others are intellectual Property Licensing, scaled Manufacturing, space-Based Solar Power (SBSP) Energy Sales and utility Token Offering.
Who are Heliospace's main competitors?
Direct peers on record are Honeybee Robotics, MMA Design LLC, L'Garde, Inc. and Redwire Corporation. Broad incumbents are Lockheed Martin Space, Astro Aerospace (Northrop Grumman) and Northrop Grumman. Emerging players are Aetherflux, Oxford Space Systems and Virtus Solis.
Does Heliospace have an API?
No public API is recorded for Heliospace.
What industry is Heliospace in?
Heliospace's product category is Space-Qualified Aerospace Hardware. Its primary akta.pro industry code is IMABACAB, Spacecraft & Satellites (Civil/Commercial), with a secondary code of IMABACAD, Space Payloads & Instruments (Sensors, Comms, EO/IR). Its NAICS code is 336414 and its SIC code is 3760.