Helio Corporation, through its wholly owned subsidiary Heliospace, designs, engineers, assembles, and tests custom space-qualified hardware and provides systems engineering services to space industry customers. Heliospace's core product is deployable space hardware — mechanisms, antennas, booms, and sensors that fold compactly for launch and then reliably deploy in space. Examples include large radar antennas for NASA's Europa Clipper mission and remote electrodes that deploy across the lunar surface on the Firefly Blue Ghost lander. Hardware is custom-designed to customer specs, with components fabricated by third-party vendors and then assembled, tested, and delivered as flight-qualified systems from Heliospace's facility in Berkeley, California. Services — systems engineering, thermal and structural analysis, and integration support — complement the hardware business, including ongoing work supporting the James Webb Space Telescope and architecture work for Blue Origin's lunar landers. Revenue is driven by the number of active contracts and their size and complexity. U.S. government agencies and prime contractors account for roughly 70% of revenue, and the customer base is concentrated, with three customers representing over 67% of revenue. Government contracts are governed by FAR, which constrains fee structures and limits profitability, driving Heliospace's push to grow its commercial customer base. Heliospace also holds a long-term ambition in Space Based Solar Power, which would use its proprietary deployable technology to collect solar energy in orbit and transmit it to Earth, though this remains a pre-revenue, early-stage initiative.