Helios Overview
Helios is a technology-driven company focused on developing sustainable solutions for life on Earth and in space. Initially aimed at extracting oxygen from lunar minerals, the company developed the Helios Cycle™, a zero-emission process for producing metals. This process significantly reduces energy consumption by using thermal energy to extract iron from ore, emitting only oxygen in the process. The Helios Cycle™ also applies to other elements such as silicon, copper, and lithium, offering a versatile method for resource extraction that minimizes environmental impact. Helios is positioned as a leader in green steel production and eco-friendly extraction technologies, advancing sustainable practices in the metals industry.
Cumulative Funding Raised Over Time ($)
$6.0MAug 2020
$14.5MAug 2023
$18.0MMay 2021
$18.0MMay 2022
Latest News
growth-positive
/PRNewswire/ -- Helios Project Ltd., developer of the Helios Cycle™, a novel process to produce iron and other metals using sodium as a reducing agent with...
Helios Project Ltd. has signed a Memorandum of Understanding (MoU) with BlueScopeX Pty Ltd, a subsidiary of BlueScope Steel. This partnership aims to demonstrate the use of Helios Green Iron (HGI™) in BlueScopes steelmaking operations. The initial phase involves a pilot project starting in 2026. Helios, originally a space tech company, has developed the Helios Cycle™, a technology that produces iron using sodium, emitting only oxygen. This innovation supports the steel industrys decarbonization efforts. Helios aims to provide cost-effective green iron production from various iron ores, including low-grade ones.
Partners
Israeli fuel station on the moon. (Hebrew)
growth-positive
Secret to making green steel on earth found on the moon?
Israeli start-up Helios has developed a novel method to produce iron from iron ore, emitting only oxygen and requiring only thermal energy. The companys technology aims to decarbonize the steel industry, which is a major contributor to global carbon emissions. Helios process can be integrated into existing Direct Reduction of Iron (DRI) furnaces, reducing costs and facilitating faster adoption. The companys technology has the potential to significantly reduce the carbon intensity of steel production and expedite the industrys decarbonization efforts. Helios is backed by the Israeli Energy Ministry and the Israel Space Agency.
PartnersInvestment
growth-positive
Israeli space tech startup Helios partners with Eta Space to make oxygen on Moon
Israeli space tech startup Helios has partnered with Eta Space to create and store oxygen on the Moon, aiming to make space missions more cost-effective and enable moon colonies to sustain themselves. Helios has developed an electrochemical reactor that can extract oxygen from lunar regolith, reducing the need to transport resources from Earth. The partnership with Eta Space will leverage their expertise in cryogenic technologies to produce and store oxygen on the Moon. The collaboration aims to connect the production and storage of oxygen, making long-term missions to the Moon economically viable. Helios has also secured $6 million in seed funding from At One Ventures, Doral Energy-Tech Ventures, and Metaplanet. The company plans to build pilot plants for iron production using its technology.
PartnersInvestment
growth-positive
Helios - space tech start up discovers path to carbon free iron production
Helios has secured $6M in seed funding led by At One Ventures and Doral Energy-Tech Ventures. The company, originally focused on producing oxygen for moon missions, has stumbled upon a novel method of green iron production that is 20% cheaper than current methods. The technology, developed for extracting oxygen and iron from lunar regolith, can also be used to extract 99% pure iron from iron ore. This method requires 50% less energy and can be integrated into existing steel production processes. The funding will be used to demonstrate the technology on a larger scale and build pilot plants globally. Helios aims to decarbonize the steel industry and create a sustainable future for steel production.
Investment
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $18M |
| Last funding | $8.5M |
| Stage | Seed |
| Rounds | 5 |
| Investors | 4 |
Team Members
9
Employees: 201-500
Web & Social Links
| Website | heliosmatters.com/ |
| Careers | Careers page |
Locations
Petah Tikva, Israel
Photos & Videos
6 item(s)
Helios Business
Business models
B2B
Product stage
R&D
Employees
201-500
Sector
Aerospace, Defense & HLSSpace TechSpace ExplorationIndustrial TechnologiesMaterial Innovations & ApplicationsClimate TechClean Industry Tech Sustainable Materials & CircularityTarget Customer
Industrial ManufacturingProcess IndustriesMetal FabricationDiscrete IndustriesAerospaceHybrid IndustriesCore Technology
Materials & SubstancesTags (8)
space-techspace-researchdual-usemetalsmaterialsengineeringclimate-techminingHelios Financials
$18M
Total funding
Undisclosed
Capital raised
$8.5M
Last funding
Seed
Funding stage
5
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$6.0MAug 2020
$14.5MAug 2023
$18.0MMay 2021
$18.0MMay 2022
Private Equity Funding
Seed
Aug 2023
$8.5M
Seed
May 2022
Undisclosed
Doral Energy-Tech Ventures (Lead), At One Ventures (Lead)
,
Daniel Recanati, Rhodium
Seed
May 2021
$3.5M
Seed
Aug 2020
$6M
Non-Equity Funding
GrantEvent
Jun 2020
Undisclosed
Israel Space Agency, Israeli Ministry of Energy, Israel Innovation Authority
Helios Lifecycle
Cumulative Funding Raised Over Time
$6.0MAug 2020
$14.5MAug 2023
$18.0MMay 2021
$18.0MMay 2022
All Events
Seed
Aug 2023
$8.5M
Seed
May 2022
Undisclosed
Doral Energy-Tech Ventures (Lead), At One Ventures (Lead)
,
Daniel Recanati, Rhodium
Seed
May 2021
$3.5M
Seed
Aug 2020
$6M
GrantEvent
Jun 2020
Undisclosed
Israel Space Agency, Israeli Ministry of Energy, Israel Innovation Authority
Helios News
11 articles
growth-positive
/PRNewswire/ -- Helios Project Ltd., developer of the Helios Cycle™, a novel process to produce iron and other metals using sodium as a reducing agent with...
Helios Project Ltd. has signed a Memorandum of Understanding (MoU) with BlueScopeX Pty Ltd, a subsidiary of BlueScope Steel. This partnership aims to demonstrate the use of Helios Green Iron (HGI™) in BlueScopes steelmaking operations. The initial phase involves a pilot project starting in 2026. Helios, originally a space tech company, has developed the Helios Cycle™, a technology that produces iron using sodium, emitting only oxygen. This innovation supports the steel industrys decarbonization efforts. Helios aims to provide cost-effective green iron production from various iron ores, including low-grade ones.
Partners
Israeli fuel station on the moon. (Hebrew)
growth-positive
Secret to making green steel on earth found on the moon?
Israeli start-up Helios has developed a novel method to produce iron from iron ore, emitting only oxygen and requiring only thermal energy. The companys technology aims to decarbonize the steel industry, which is a major contributor to global carbon emissions. Helios process can be integrated into existing Direct Reduction of Iron (DRI) furnaces, reducing costs and facilitating faster adoption. The companys technology has the potential to significantly reduce the carbon intensity of steel production and expedite the industrys decarbonization efforts. Helios is backed by the Israeli Energy Ministry and the Israel Space Agency.
PartnersInvestment
growth-positive
Israeli space tech startup Helios partners with Eta Space to make oxygen on Moon
Israeli space tech startup Helios has partnered with Eta Space to create and store oxygen on the Moon, aiming to make space missions more cost-effective and enable moon colonies to sustain themselves. Helios has developed an electrochemical reactor that can extract oxygen from lunar regolith, reducing the need to transport resources from Earth. The partnership with Eta Space will leverage their expertise in cryogenic technologies to produce and store oxygen on the Moon. The collaboration aims to connect the production and storage of oxygen, making long-term missions to the Moon economically viable. Helios has also secured $6 million in seed funding from At One Ventures, Doral Energy-Tech Ventures, and Metaplanet. The company plans to build pilot plants for iron production using its technology.
PartnersInvestment
growth-positive
Helios - space tech start up discovers path to carbon free iron production
Helios has secured $6M in seed funding led by At One Ventures and Doral Energy-Tech Ventures. The company, originally focused on producing oxygen for moon missions, has stumbled upon a novel method of green iron production that is 20% cheaper than current methods. The technology, developed for extracting oxygen and iron from lunar regolith, can also be used to extract 99% pure iron from iron ore. This method requires 50% less energy and can be integrated into existing steel production processes. The funding will be used to demonstrate the technology on a larger scale and build pilot plants globally. Helios aims to decarbonize the steel industry and create a sustainable future for steel production.
Investment
growth-positive
הליוס רצו להפיק חמצן על הירח ומצאו אוצרות
Helios, an Israeli company, has raised $6 million for its innovative solution to produce green steel. The company initially developed a technology to produce oxygen from lunar soil, but this research led to the discovery of a new method for producing steel on Earth at half the cost and with zero emissions. This could significantly impact the billion-dollar steel industry, which is responsible for 8% of global emissions. The funding round was led by Doral Energy Tech Ventures and At One Ventures, and also included participation from Metaplanet, an Estonian private equity fund, and an international mining company.
Investment
growth-positive
Space tech start up discovers path to emission-free future for steel industry on earth - MINING.COM
Helios, a company focused on creating an emission-free future for the steel industry, has raised $6 million in a seed round led by At One Ventures and Doral Energy-Tech Ventures. The companys proprietary technology, originally designed to extract oxygen from lunar regolith for moon missions, can also be used to extract 99% pure iron from iron ore. This process requires 50% less energy than current methods and eliminates 100% of direct CO2 emissions. The company believes this technology could help decarbonize the steel industry.
Investment
A space tech company stumbled on a new way to cut emissions on Earth.
growth-positive
Helios To Produce Oxygen On Moon Through European Lunar Shuttle
Helios, an Israeli startup, has signed an agreement with OHB SE to provide their space tech for a future lunar landing system called LSAS. As part of the agreement, Helios technology will be aboard the first three LSAS missions to the moon by 2025. OHB SE will manage and coordinate the LSAS project and the individual missions to the Moon. Helios aims to enable sustainable human life on Earth and beyond, with developments in oxygen production on the lunar surface and the production of iron and silicon on Earth with zero carbon emissions. The cooperation between Helios, OHB SE, and Israel Aerospace Industries demonstrates the strong relationship between Germany and Israel in the space industry.
PartnersCustomers
growth-positive
https://www.timesofisrael.com/helios-to-hitch-ride-on-japan-lunar-lander-in-bid-to-make-oxygen-on-moon/
Israeli startup Helios plans to join ispaces lunar missions to demonstrate its technology for producing oxygen and metals on the lunar surface. The technology aims to make long-term missions to the Moon economically viable by allowing colonies to produce fuel and resources from the lunar soil. Helios has received funding from the Israeli Space Agency and the Israeli Energy Ministry to develop the system, which will be launched in two space missions over the next three years. The company has developed a process called molten regolith electrolysis to create oxygen from lunar soil. The technology will be tested on the Moon in collaboration with ispace, a lunar exploration company.
PartnersInvestment
Israeli firm develops tech to produce oxygen from moon's soil
Helios Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 321 |
| Team members | 9 |
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Helios Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Maor Perlov |
| Registrar ID | 515877470 |
| Crunchbase | helios-project |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Ayelet Levi Shinebox |
| Updater email | ayeletlevis@sncentral.org |
| Last update | 2024-09-09T00:00:00.000Z |
| Created | 2019-08-05T00:00:00.000Z |
| Claimed | Yes |