Ironmaking is rooted in 500-year-old technology and 3,000-year-old chemistry. Innovation in this sector tends to be incremental due to the industry’s conservative and risk-averse nature. The sodium-based process, known as the Helios Cycle™, was originally developed for lunar oxygen production. Thus, it not only represents thinking outside the box, but it literally comes from the moon.

Producing green steel with hydrogen requires green hydrogen, which involves significant energy and operational costs, far exceeding those of current ironmaking processes. The economic viability of hydrogen-based green steel depends heavily on external taxes or subsidies. While this might be feasible in niche cases or in specific countries like Sweden, this approach is not scalable for the global steel industry.

Yes, demonstrating our technology on the lunar surface is a crucial milestone as part of our long-term vision to utilize resources beyond Earth. We expect our first mission to the Moon to take place in 2028.

At every stage, we collaborate with leading experts and regulatory authorities to ensure we meet all safety and environmental compliance standards.

The Helios Cycle stands out for its ability to produce substantial volumes of iron in a relatively compact setup, outperforming both existing and developing technologies. This allows for quicker market penetration, as our full-scale furnaces will be significantly smaller than alternatives, enabling faster and more efficient scaling to meet global demand.

We collaborate with leading financial firms, strategic partners, and government agencies, all of whom support us in achieving our goals and long-term vision.

Our pilot plant is scheduled for 2026, with our first commercial units expected to be available by 2028.

The operational costs of the Helios Cycle are projected to be 30% lower than current polluting technologies. Beyond the superior unit economics, the significant reduction in carbon emissions alone could save the steel industry over $200 billion.