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Helio Corporation Reports Full Year Earnings for Fiscal Year 2025
TMX Newsfile· 2026-02-17 13:51
Berkeley, California--(Newsfile Corp. - February 17, 2026) - Helio Corporation (OTCID: HLEO) ("Helio" or the "Company") announced that its Board of Directors and its PCAOB auditor, Astra Audit and Advisory LLC, have completed the audit of the Company's fiscal year ended October 31, 2025. The table below indicates our results:Fiscal Year 2025 ("FY2025") vs Fiscal Year 2024 ("FY2024") Summary(Fiscal Year Ending Octorber 31) FY2025FY2024Revenue$3,875,793$6,891,223Gross Profit$923,174$2,738,033Operating Income ...
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]