Helio Corporation Announces $20 Million Non-Dilutive Utility Token Offering to Advance Space-Based Solar Power (SBSP) Initiative
Globenewswire·2026-01-07 14:30

Core Viewpoint - Helio Corporation is launching a $20 million Initial Coin Offering (ICO) for its utility token, Mission Helio, to fund the development of space-based solar power systems while protecting shareholder equity and enhancing long-term value [1][2]. Group 1: ICO and Utility Token - The Mission Helio utility token is designed for functional use within Helio's ecosystem, providing tiered participation and usage-based benefits, but does not represent equity or profit-sharing rights [2]. - The ICO is a strategic, non-dilutive financing initiative aimed at funding Helio's proprietary space-based solar power systems, avoiding shareholder dilution and reducing reliance on traditional financing structures [2][3]. - Helio's ICO represents a first-of-its-kind financing model among publicly traded OTC companies, focusing on converting token-based capital into tangible, revenue-generating assets [5][6]. Group 2: Use of Proceeds - Proceeds from the token offering will be used to advance Helio's "Power Plants in Space" initiative, including the development of proprietary hardware and power transmission systems [4]. - The funding will also support the expansion of infrastructure assets designed to generate future revenue [4]. Group 3: Strategic Positioning - The company aims to position itself at the forefront of innovation in energy generation and financing, moving away from dilutive funding structures that erode shareholder value [3]. - Helio's strategy is to leverage alternative capital markets to support regulated, asset-based operations, thereby strengthening balance-sheet integrity [3].

Helio Corporation Announces $20 Million Non-Dilutive Utility Token Offering to Advance Space-Based Solar Power (SBSP) Initiative - Reportify