Helios
Sustainable Metal Production Using Thermal Energy and Zero Emissions
Company Overview
Snapshot
Founded in July 2018 by Jonathan Geifman, John Hausner, Linoam Eliad, Naomi Levy, and Elad Geffen, Helios operates with 11–50 employees. The company has raised $18M across 5 funding rounds from 4 investors. In May 2022, Helios secured a Seed round from Doral Energy-Tech Ventures and At One Ventures.
Business overview
Helios is a technology-driven company focused on developing sustainable solutions for metal production on Earth and in space. The company's core technology, the Helios Cycle™, is a zero-emission process that uses thermal energy to extract metals like iron, silicon, copper, and lithium from ore, emitting only oxygen. Initially developed for lunar oxygen extraction, this versatile method significantly reduces energy consumption and minimizes environmental impact. Helios is positioned as a leader in green steel production and eco-friendly extraction technologies, advancing sustainable practices within the metals industry and serving markets in Europe, North America, and Australia.
Strategic signal
In September 2024, Helios Project Ltd. signed a Memorandum of Understanding with BlueScopeX Pty Ltd. This partnership signals a significant step towards validating and commercializing Helios's sustainable metal production technology within the global steel industry, indicating strong market interest and potential for broader adoption of its zero-emission process.
Log in to access full profile ›Company Intelligence Q&A
- What is the Helios Cycle™?
- The Helios Cycle™ is a proprietary zero-emission process developed by Helios that uses thermal energy to extract metals like iron from ore, emitting only oxygen. This technology significantly reduces energy consumption and minimizes environmental impact.
- When did Helios secure its last disclosed funding round?
- In May 2022, Helios secured a Seed funding round from investors Doral Energy-Tech Ventures.
- What strategic partnership did Helios announce in September 2024?
- In September 2024, Helios Project Ltd. signed a Memorandum of Understanding with BlueScopeX Pty Ltd., indicating a collaboration to advance its sustainable metal production technology.
- What is Helios's primary focus in sustainable production?
- Helios focuses on developing sustainable solutions for metal production, particularly green steel, by utilizing its Helios Cycle™ process to achieve zero direct emissions and enable the use of non-commercial grade raw materials.
- What was the initial application of Helios's technology?
- Helios's technology was initially aimed at extracting oxygen from lunar minerals, which subsequently led to the development of the Helios Cycle™ for terrestrial metal production.