Helios Products

We have developed a new high-efficiency, low cost "solar thermal" rooftop collector to capture a share of, and grow, the global $10B+ market for these products.

  • Stage Prototype Ready
  • Industry Clean Technology
  • Location Solitude, UT, US
  • Currency USD
  • Founded June 2007
  • Employees 8
  • Incorporation Type LLC
  • Website heliosproducts.com

Company Summary

Helios’ rooftop collectors yield much more energy and are made from less expensive materials than competitors. This will allow us to price our product at $500 with a 50% gross margin and far underprice competition. Our customers are solar PV system installers and HVAC companies/plumbers who will help homeowners and businesses lower their hot water, interior heating and cooling energy bills using a solar energy solution with a more rapid payback.

Team

  • Managing Director

    35 years of cleantech (energy, environmental and chemistry) business experience on both the entrepreneur and investor/partner sides.

  • Steve Foulk
    Director

    Mr. Foulk owns and manages an HVAC equipment supply and installation business and a fuel oil supply company. He is a key to Helios in the area of design and engineering needs that will allow its collector to be installed and integrated into heating and cooling systems.

  • Murray Luftglass
    Director of RD&D

    Mr. Luftglass has a diverse background including working as a chemical engineer for AMETEK in the development of flat plate solar collectors in the 1970s and 1980s. In the early 1990s he directed research on photovoltaic collectors. He also directed polymer research projects for Shell. He was SVP of M&A for AMETEK that included acquisition of businesses specifically related to Helios including FRP resins, instrumentation, thermoplastics & pumps.

  • John Sambalino
    Head of the Board of Directors

    Mr. Sambalino is a practicing attorney with a B.S. in Business Administration (banking and finance) and both a J.D. and LL.M. (Master of Law in Taxation). He has invested in numerous start-up businesses and is a Helios Board of Representatives Member active on the fundraising and market development side of the business.

  • Clay Gunheim
    Director of Manufacturing and Deployment

    Mr. Gunheim provides Helios with product development support. He is a civil engineer and expert in manufacturing and industrial engineering with 25+ years hands-on experience in manufacturing industries and applying industrial engineering practices optimizing efficiencies in companies supplying to diverse residential and industrial market sectors ranging from job shops and start-ups to mature hi-volume production facilities.

  • Allan Kornfeld
    CFO

    Mr. Kornfeld is the former CFO/EVP of AMETEK, a NYSE company that was a leader in the initial heyday of the solar field in the U.S.; former Partner in Ernst & Young; CPA and an attorney with extensive M&A experience. He has been on numerous corporate boards and has been a partner in M&A London since 1996. He assists in finance, projections and cash flow management and has been a key contributor to the financial management of Helios since 2007.

  • John Purves
    Director

    Mr. Purves has over 25 years of experience as an environmental attorney. In recent years John has been active in photovoltaic Brownfield site development, alternative fuels, waste recovery development and utilization, and composting. John has repeatedly shown his ability to get through problem areas related to environment, law and relationships with Federal and state governmental, quasi-governmental and educational organizations.

Advisors

  • Kevin Dahm
    Unconfirmed

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