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Heliospace Wins Two NASA Small Business Innovation Research Awards

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Heliospace, a subsidiary of Helio (OTC PINK:HLEO), has secured two Small Business Innovation Research (SBIR) awards from NASA. The funding will support the development of two key technologies: a new mechanical release mechanism and a unique deployable boom, both designed for CubeSat and small spacecraft applications.

The initial Phase I awards cover a six-month development period, with potential for Phase II funding based on technical feasibility and commercialization potential. CEO Greg Delory emphasized that these developments mark an important step toward vertical integration while expanding customer capabilities.

The SBIR program, along with the Small Business Technology Transfer (STTR) program, operates under America's Seed Fund and is coordinated by the Small Business Administration, with participation from 11 federal agencies.

Heliospace, una sussidiaria di Helio (OTC PINK:HLEO), ha ottenuto due premi Small Business Innovation Research (SBIR) dalla NASA. I fondi supporteranno lo sviluppo di due tecnologie chiave: un nuovo meccanismo di rilascio meccanico e un'asta deployabile unica, entrambi progettati per applicazioni CubeSat e di piccoli veicoli spaziali.

I premi iniziali della Fase I coprono un periodo di sviluppo di sei mesi, con la possibilità di finanziamenti per la Fase II basati sulla fattibilità tecnica e sul potenziale di commercializzazione. Il CEO Greg Delory ha sottolineato che questi sviluppi rappresentano un'importante passo verso l'integrazione verticale, ampliando nel contempo le capacità dei clienti.

Il programma SBIR, insieme al programma Small Business Technology Transfer (STTR), opera sotto l'America's Seed Fund ed è coordinato dalla Small Business Administration, con la partecipazione di 11 agenzie federali.

Heliospace, una subsidiaria de Helio (OTC PINK:HLEO), ha obtenido dos premios Small Business Innovation Research (SBIR) de la NASA. La financiación apoyará el desarrollo de dos tecnologías clave: un nuevo mecanismo de liberación mecánico y un brazo desplegable único, ambos diseñados para aplicaciones de CubeSat y pequeñas naves espaciales.

Los premios iniciales de la Fase I cubren un periodo de desarrollo de seis meses, con la posibilidad de financiación de la Fase II basada en la viabilidad técnica y el potencial de comercialización. El CEO Greg Delory enfatizó que estos desarrollos marcan un paso importante hacia la integración vertical, al mismo tiempo que amplían las capacidades de los clientes.

El programa SBIR, junto con el programa Small Business Technology Transfer (STTR), opera bajo el America's Seed Fund y es coordinado por la Small Business Administration, con la participación de 11 agencias federales.

헬리오스페이스(Heliospace)는 헬리오(OTC PINK:HLEO)의 자회사로, NASA로부터 두 개의 중소기업 혁신 연구(SBIR) 상을 수상했습니다. 이 자금은 큐브샛 및 소형 우주선 애플리케이션을 위한 새로운 기계 해제 메커니즘과 독특한 배포 붐 두 가지 주요 기술 개발을 지원합니다.

초기 1단계 상은 6개월 간의 개발 기간을 다루며, 기술적 타당성 및 상업화 가능성에 따라 2단계 자금 지원의 가능성이 있습니다. CEO 그렉 델로리는 이러한 개발이 고객 능력을 확장하는 동시에 수직 통합을 향한 중요한 단계임을 강조했습니다.

SBIR 프로그램은 중소기업 기술 이전(STTR) 프로그램과 함께 미국의 씨드 기금 아래 운영되며, 중소기업청에 의해 조정되며, 11개 연방 기관이 참여하고 있습니다.

Heliospace, une filiale de Helio (OTC PINK:HLEO), a obtenu deux prix Small Business Innovation Research (SBIR) de la NASA. Le financement soutiendra le développement de deux technologies clés : un nouveau mécanisme de libération mécanique et un bras déployable unique, tous deux conçus pour des applications CubeSat et de petits engins spatiaux.

Les récompenses initiales de la phase I couvrent une période de développement de six mois, avec un potentiel de financement de la phase II basé sur la faisabilité technique et le potentiel de commercialisation. Le PDG Greg Delory a souligné que ces développements représentent une étape importante vers l'intégration verticale tout en élargissant les capacités des clients.

Le programme SBIR, avec le programme Small Business Technology Transfer (STTR), fonctionne sous l'America's Seed Fund et est coordonné par la Small Business Administration, avec la participation de 11 agences fédérales.

Heliospace, eine Tochtergesellschaft von Helio (OTC PINK:HLEO), hat zwei Small Business Innovation Research (SBIR) Auszeichnungen von der NASA erhalten. Die Finanzierung wird die Entwicklung von zwei wichtigen Technologien unterstützen: einem neuen mechanischen Freigabemechanismus und einem einzigartigen ausfahrbaren Arm, die beide für CubeSat- und kleine Raumfahrtanwendungen entwickelt wurden.

Die anfänglichen Phase-I-Auszeichnungen decken einen sechsmonatigen Entwicklungszeitraum ab, mit der Möglichkeit einer Phase-II-Finanzierung basierend auf technischer Machbarkeit und Kommerzialisierungspotenzial. CEO Greg Delory betonte, dass diese Entwicklungen einen wichtigen Schritt in Richtung vertikaler Integration darstellen und gleichzeitig die Fähigkeiten der Kunden erweitern.

Das SBIR-Programm, zusammen mit dem Small Business Technology Transfer (STTR)-Programm, funktioniert unter dem America's Seed Fund und wird von der Small Business Administration koordiniert, mit Beteiligung von 11 Bundesbehörden.

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BERKELEY, CALIFORNIA / ACCESS Newswire / January 16, 2025 / Heliospace, a subsidiary of Helio Corporation (OTC PINK:HLEO) has been awarded two Small Business Innovation Research (SBIR) awards from the National Aeronautics and Space Administration (NASA). These awards provide funding to support development of new technologies for both commercial and NASA applications. Under the program, Heliospace will develop a new type of mechanical release mechanism and a unique deployable boom for use on CubeSat and small spacecraft. "The development of these new technologies is an important step in our path to vertical integration while providing new options and capabilities for our customers" says Heliospace CEO and co-founder Greg Delory. These initial phase I awards support a six month effort followed by a Phase II award should the proposed technologies demonstrate both technical feasibility and commercialization potential.Helio Space

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The SBIR and the related Small Business Technology Transfer (STTR) programs are funded through America's Seed Fund and coordinated by the Small Business Administration. There are currently 11 federal agencies participating in the SBIR and STTR programs. More information about the current NASA SBIR program can be found here: https://www.nasa.gov/sbir_sttr/.

About Helio Corporation:

Helio Corporation is a technology, engineering and research and development (R&D) holding company serving commercial, government and non-profit organizations. Our wholly owned subsidiary, Heliospace Corporation ("Heliospace"), is an aerospace company specializing in the design, engineering, assembly and test of space flight qualified hardware and provides systems engineering, modeling, analysis, integration and test services to customers in government, commercial, private and non-profit markets. With deep expertise in civil space missions combined with a growing business serving commercial companies, our primary company objective is to enable humanity's pursuit of the scientific and commercial development of space. https://helio.space/

Note Regarding Forward Looking Statements:

Some of the matters discussed herein may contain forward-looking statements that involve significant risk and uncertainties. Forward-looking statements can be identified by the use of words like "believes," "could," "possibly," "probably," "anticipates," "estimates," "projects," "expects," "may," "will," "should," "seek," "intend," "plan," "expect," or "consider" or the negative of these expressions or other variations, or by discussions of strategy that involve risks and uncertainties. All forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual transactions, results, performance or achievements to be materially different from any future transactions, results, performance or achievements expressed or implied by such forward-looking statements. We base these forward-looking statements on current expectations and projections about future events and the information currently available to us. Although we believe that the assumptions for these forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Consequently, no representation or warranty can be given that the estimates, opinions, or assumptions made in or referenced by this presentation will prove to be accurate. We caution you that the forward-looking statements in this presentation are only estimates and predictions, or statements or current intent. Actual results or outcomes, or actions that we ultimately undertake, could differ materially from those anticipated in the forward-looking statements due to risks, uncertainties or actual events differing from the assumptions underlying these statements. We caution investors not to rely on the forward-looking statements contained in, or made in connection with this presentation. The Company undertakes no duty or obligation to update any forward-looking statements contained in this presentation as a result of new information, future events or changes in the Company's business plans or model.

For More Information:

Contact info@helio.space

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Kelsey Rex
Marketing Manager, MarketLeverage
kelsey@marketleverage.com
510-545-2666

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SOURCE: Helio Corporation



View the original press release on ACCESS Newswire

FAQ

What are the two NASA SBIR awards received by Heliospace (HLEO) in January 2025?

Heliospace received awards to develop a new mechanical release mechanism and a unique deployable boom for CubeSat and small spacecraft applications.

How long is the initial Phase I funding period for Heliospace's (HLEO) NASA SBIR awards?

The initial Phase I awards support a six-month development effort.

What are the requirements for Heliospace (HLEO) to receive Phase II SBIR funding?

To receive Phase II funding, the proposed technologies must demonstrate both technical feasibility and commercialization potential.

How will the NASA SBIR awards impact Heliospace's (HLEO) business strategy?

According to CEO Greg Delory, these awards support the company's path to vertical integration while providing new options and capabilities for their customers.

What is the purpose of the technologies being developed by Heliospace (HLEO) under the NASA SBIR program?

The technologies are being developed for use on CubeSat and small spacecraft, enhancing capabilities in space applications.

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