Helio /fl/'s Business Segments

Helio Corporation, a Florida-based company with a wholly owned subsidiary, Heliospace Corporation, operates as a technology, engineering, and research and development holding company serving commercial, government, and non-profit organizations in the aerospace industry. Heliospace specializes in the design, engineering, assembly, and testing of space flight-qualified hardware, as well as providing systems engineering, modeling, analysis, integration, and test services. The company focuses on civil space missions and is expanding its business to serve commercial clients. Helio offers hardware, services, and solutions for various space applications and environments, including low-earth orbit, geostationary orbit, and lunar missions. The company emphasizes agility, cost-effectiveness, and innovation to address the needs of commercial and government space activities. Helio Corporation's common stock is traded on the OTCID marketplace under the symbol "HLEO." In early 2024, the company underwent a name change and business combination, with Heliospace as the accounting acquirer. In January 2026, Edward Cabrera was appointed CEO and Chairman, succeeding Gregory T. Delory, who became Chief Technology Officer and remains on the Board.

The Company operates and reports its financial results as a single business segment. This approach corresponds with the operational structure and the evaluation process used by the Chief Operating Decision Maker (CODM), who is the Chief Executive Officer. The CODM assesses performance and allocates resources based on the consolidated net loss reported in the Consolidated Statements of Operations. All required financial segment information is presented within the consolidated financial statements.