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Helio Corporation, a space-based renewable energy developer, announced plans to raise up to $20 million through a non-dilutive utility token offering to support its space-based solar power program. The company said its board approved an agreement with an experienced crypto marketing firm to prepare the launch of the Mission Helio token.
The Mission Helio token is designed for use inside Helio’s ecosystem. It will provide functional access features, usage-based benefits, and support for infrastructure development. The company stressed that the token does not represent equity, ownership, profit participation, or any claim on Helio’s assets or earnings. The offering is positioned as an alternative financing method aimed at funding technology development while avoiding shareholder dilution.
According to Helio, the token sale is intended to support its core goal of delivering continuous renewable baseload energy from space to Earth. By using a utility token instead of issuing new shares or debt, the company seeks to reduce reliance on traditional OTC financing structures that often involve repeated equity issuance.
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