BERKELEY, CA / ACCESS Newswire / May 5, 2026 / Helio Corporation (OTC PINK:HLEO) ("Helio" or the "Company"), a developer of advanced space power and engineering solutions supporting next-generation space infrastructure, today announced a new engineering hire underscoring the Company's alignment with the rapid expansion of its contract pipeline and the accelerating development of its space-based solar power (SBSP) platform.

Over the past three months, Helio has secured and advanced a growing portfolio of commercial and government opportunities spanning defense, civil space, and private-sector customers. The Company's active and near-term pipeline now represents approximately $12 million in contract value, reflecting increasing demand for Helio's capabilities in space-qualified hardware, lunar infrastructure, and mission-critical engineering. This growth includes a rebound in NASA-related opportunities, new engagements with defense contractors, and multiple commercial programs. Helio is currently supporting six lunar-related contracts alongside a broader base of clients across both government and private industry.

To support execution across this expanding portfolio, Helio has begun onboarding new engineering talent, with an initial focus on mechanical engineering expertise critical to system design, integration, and deployment. These hires are intended to strengthen the Company's ability to deliver on complex programs while continuing to scale its SBSP development efforts.

"Over the past few months, we've seen a real pickup in demand across both government and commercial programs-especially around lunar systems and space-based power," said Ed Cabrera, Chairman and Chief Executive Officer of Helio Corporation. "As that pipeline grows, adding strong engineering talent is just a necessary step to make sure we can deliver"

As part of this expansion, Helio recently added Emmet Gomes-McEwen to its engineering team. Gomes-McEwen holds a degree in Mechanical Engineering from the University of California, Davis and brings applied experience working with complex gas and fluid systems across infrastructure and energy-related projects. His background includes evaluating equipment specifications, advising on system design, and solving performance challenges involving pressure, flow, and capacity requirements using thermofluid principles. Helio expects to continue adding critical engineering and technical talent in the coming months as additional contracts are awarded and existing programs advance. These hires will support both near-term execution and the Company's broader development of its SBSP platform.

The Company's SBSP platform remains a central pillar of its long-term strategy, with ongoing development efforts aligned to both commercial deployment pathways and government-backed initiatives. As interest in space-based power solutions continues to grow, Helio is positioning itself to meet near-term program demand while advancing its core technology roadmap.

For More Information:

Ed Cabrera
Chairman of the Board and Chief Executive Officer
Helio Corporation
(956) 225-9639
emcabrera@helio.space

About Helio Corporation

Helio is pioneering a new class of energy infrastructure-space-based power systems aka "Power plants in space" that captures solar energy beyond Earth's atmosphere and beams it safely and efficiently to the surface. Our vision is to establish orbital energy platforms as a foundational layer of the global power grid, delivering uninterrupted, carbon-free electricity at scale and reshaping how nations power cities, industries, and critical systems. Founded in 2018 as the 'problem solvers to the space industry,' Helio designs and delivers world-class space mechanisms, advanced antenna systems, and space design solutions; supporting NASA, private companies, universities, and global space agencies across missions ranging from small-scale programs to flagship space initiatives. We are proud to be a trusted partner to over a dozen space agencies, organizations, and companies across the globe. Our products can be found operating from the Sun to Jupiter. From NASA and European Space Agency to emerging private aerospace firms and academic institutions, we collaborate with some of the most innovative and forward-thinking players in the space industry.

For more information on the new strategic direction, financing initiatives and management additions, please visit www.helio.space to be added to our email list.

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SOURCE: Helio Corporation