Table of Contents
Our competitive advantages include the following:
• Our experienced, award-winning leadership team is recognized in the field of space science,
hardware and system development, with deep expertise in the implementation of space missions
in government and commercial settings. The Heliospace company leadership has ensured that
technical excellence and customer responsiveness is embedded throughout the organization to
achieve mission success, as embodied by our best subcontractor of the year award from NASA
JPL, NASA Agency Honor awards for work on the James Webb Space Telescope and repeat
customers from NASA (2019-present).
• We have established a successful capability in developing flight qualified instruments and space
mechanisms, a challenging and specialized field for which there are few competitors. The
Heliospace leadership team has overseen successful development of over 125 instruments and
mechanisms on over 40 space flight missions throughout their careers, both at Heliospace and at
the various other institutions at which members of our leadership team served, giving our
products and methods extensive real-world testing and proven design heritage.
• Heliospace is becoming a leader in the development of payloads and systems for lunar
exploration, having delivered hardware for three lunar landers, providing system engineering
support to the Blue Origin lunar landers, with two additional lunar spacecraft and lander
hardware projects in progress. The Company’s founding team has deep expertise in lunar
exploration and applications gained throughout their careers, which we believe competitively
positions us to leverage new commercial transportation options to the Moon in order to further
develop new initiatives in lunar science, exploration and domain awareness.
• Leveraging our successful Small Business Innovation Research (SBIR) grants, government
funding and our own resources, we have developed significant in-house processes and
capabilities, including vertical integration of key technologies such as our unique SABER™
deployable booms, release mechanism development and unique assembly and testing capabilities
that streamline our production while improving our cost effectiveness.
• The Heliospace team possesses extensive system-level design expertise that transcends the niche
offerings of market competitors, enabling us to provide comprehensive solutions that take into
account the entire mission chain in the achievement of customer objectives. This system level
awareness feeds into hardware and payload design to ensure mission success and enables our
expansion into larger, more ambitious turnkey solutions as we gain new customers.
Company Growth Strategy
Our company growth strategy builds upon our successful hardware and services capabilities, which provides
a source of recurring revenue, to expand into integrated payloads and complete solutions. Leveraging team
experience, we aim to develop complete payloads and related systems built to fulfill customer objectives,
guided by Heliospace specifications and systems engineering expertise. This progression naturally evolves to
providing more turnkey solutions, including complete end-to-end space missions where we believe both
higher revenue and margins are possible.
The continued growth of hardware and services is envisioned to leverage our existing connections to
government agencies, with an increasing emphasis on catering to the needs of commercial entities. Firefly
Aerospace and Honeybee Robotics are two examples of commercial customers for which we are providing
hardware and services, and we anticipate reaching more through typical sales channels.
To date, our primary sales and marketing efforts have been undertaken by our executive officers and directors
on our board of directors, utilizing their network and relationships within the aerospace industry. The
Company intends to develop a more robust sales and marketing process, including hiring of sales personnel
and deployment of a more comprehensive sales and marketing effort in terms of direct outreach to potential
customers and partners within the industry.
Our pursuit of payloads and systems for commercial and government customers is underway using both
NASA and Department of Defense (DoD) funding mechanisms for the development of dual
commercial/government use cases through Small Business Innovation Research programs. DoD programs are
a particular focus due to the speed of acquisition and the potential to match investor and government funds to