HELIO APPOINTS INDEPENDENT BOARD CHAIR FOR INTELLECTUAL PROPERTY STRATEGY
Globenewswire·2026-01-21 14:30

Core Insights - Helio Corporation has appointed Vikas "Vik" Parti as an independent director and Chairman of Intellectual Property, enhancing its leadership in intellectual property strategy [1][6] Company Overview - Helio Corporation, founded in 2018, focuses on space-based energy systems, aiming to capture solar energy beyond Earth's atmosphere and deliver it as carbon-free electricity [7] - The company has developed proprietary systems and advanced engineering solutions for the space industry, collaborating with various space agencies and organizations [7] Intellectual Property Strategy - The company is entering a critical phase in the space industry, emphasizing the importance of intellectual property as launch costs decline and commercial activities increase [3] - Mr. Parti will operationalize an intellectual property strategy that aligns with Helio's technical roadmap, ensuring the growth of its patent portfolio alongside engineering milestones [4] - Helio aims to convert its technical expertise into economic value through a robust patent portfolio, supporting long-term partnerships and commercialization efforts [5] Future Directions - The company is developing an IP roadmap that runs parallel to its product roadmap, enhancing differentiation and expanding licensing opportunities as the space economy evolves [4] - A defensive "picket fence" of patents will be established to support strategic partnerships and sustainable revenue streams [5]