Helio Corp
web3corp.comWhat Do They Do?
Designs and builds hardware qualified for spaceflight, including antennas, deployable mechanisms and sensors, and provides engineering and mission-support services to government, commercial and nonprofit aerospace customers.
10-K for FY2025, filed Feb 17, 2026Helio Corporation (the “Company” or “Helio”) is a technology, engineering and research and development (R&D) holding company serving…View ↗
We have successfully scaled as a space hardware and services company providing solutions to government, commercial and non-profit…View ↗
Heliospace, our wholly owned subsidiary, is an aerospace company specializing in the design, engineering, assembly and test of space flight…View ↗
How Do They Make Money?
Service fees come from design projects: customers are billed monthly for time-and-materials work, while purchase-order work is billed when an agreed task is complete. Engineering work is billed monthly as it is performed on cost-type or time-and-materials contracts, or at fixed-price milestones or as work progresses; project hardware and services use contracts with monthly payments.
10-K for FY2025, filed Feb 17, 2026Design service contracts deliver system engineering inputs including designs, analyses, test and verification plans, and mission…View ↗
Engineering services deliver both space qualified hardware and accompanying analyses, and are conducted under Cost-type, Fixed price, PO…View ↗
We have successfully scaled as a space hardware and services company providing solutions to government, commercial and non-profit…View ↗
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10-K for FY2025, filed Feb 17, 2026
FY2025 revenue by product or service ↗
$3.9M
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10-K for FY2025, filed Feb 17, 2026
$3.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Service fees
|
64% |
Service fees, FY2025
$2.5M Sources
|
|
|
Engineering fees
|
8.9% |
Engineering fees, FY2025
$345.8K Sources
|
|
|
Materials
Mix
10-K for FY2025, filed Feb 17, 2026 |
28% |
Materials, FY2025
$1.1M Sources
|
Mix |
Who Are Their Customers?
Government, commercial and nonprofit space customers buy hardware and engineering services; Heliospace works as both a prime contractor and a subcontractor on government-funded work.
10-K for FY2025, filed Feb 17, 2026Helio Corporation (the “Company” or “Helio”) is a technology, engineering and research and development (R&D) holding company serving…View ↗
Our customers are concentrated in the space industry. While we have a strategy to diversify our sources of revenue (See “Company Growth…View ↗
We have successfully scaled as a space hardware and services company providing solutions to government, commercial and non-profit…View ↗
Do Revenues Turn Into Profits?
No. It lost $4M in FY2025.
10-K for FY2025, filed Feb 17, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q3 FY2026, filed Sep 14, 2026
−$1.5MView ↗
- ▲ +55% (Loss)
- vs −$950.8K in Q3 FY2025
10-Q for Q3 FY2026, filed Sep 14, 2026
Open tableView ↗
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Feb 26, 2026
Helio replaced its independent auditor
The board dismissed Astra and engaged Hacker, Johnson & Smith; prior audit reports included paragraphs expressing substantial doubt about the company’s ability to continue.
Sources
8-K, filed Feb 26, 2026
On February 21, 2026, the Board of Directors (the “Board”) of Helio Corporation (the “Company”) approved the dismissal of Astra Audit &…View ↗
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