Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:9K3) said it expects revenues to build through the first half of 2026 as production ramps up at its US helium project, after achieving first gas and beginning the process of selling output.
The AIM-listed company, which has a 50% working interest in the Galactica-Pegasus project in Colorado, said operations have now moved from commissioning into a phase focused on stabilising production and generating cash flow.
First helium gas was produced in December, a key step for a project that has been developed with near-term commercialisation in mind.
A helium tube trailer is already on site at the Pinon Canyon processing plant and is being filled with saleable gas.
Such trailers typically hold about 170,000 standard cubic feet of compressed helium. Based on pricing guidance from the project operator, Blue Star Helium, each full trailer could have a gross value of between $59,500 and $102,000.
Technical teams are working to optimise the plant and ensure steady throughput so that delivery commitments under initial short-term sales agreements can be met.
Helium One said this work is critical as volumes scale up at what it describes as the newest helium processing facility of its kind in the United States.
Blue Star is pursuing a mix of short-term contracts to bring in immediate cash and longer-term offtake agreements designed to provide more predictable revenue as production increases.
Discussions are underway with a broad range of potential customers, from large transport and storage groups to packaged gas distributors and end users.
Further growth is expected as additional wells are tied into the Pinon Canyon plant and infill drilling progresses. Helium One said planning for this next stage is well advanced, supporting expectations of a meaningful revenue ramp-up during 2026.
The update comes as helium markets remain tight globally, with buyers looking to diversify supply.