Helio Names IP Strategy Chair and CFO to Bolster Patent Portfolio and NYSE Uplist
Helio appointed Vikas “Vik” Parti as Independent Board Chair of Intellectual Property to oversee patent preparation, prosecution and litigation-ready claim analysis. The company also named Mark Knauf as CFO to enhance financial governance and support its planned NYSE uplisting, reinforcing internal controls ahead of a Form S-1 update.
1. Independent Board Chair Strengthens Intellectual Property Strategy
Helio Corporation has appointed Vikas “Vik” Parti to its Board of Directors as an independent director and Chairman of Intellectual Property, a move designed to accelerate the company’s patent initiatives. Mr. Parti, a Registered Patent Attorney with the U.S. Patent and Trademark Office since 2009, holds a Juris Doctor from Western Michigan University Cooley Law School and a B.S. in Computer Science from Webster University. Since its founding in 2018, Helio has built a proprietary library across space-based energy, satellite systems and antenna technologies and now supports over a dozen space agencies and private partners from NASA to emerging aerospace firms. Under Mr. Parti’s leadership, the company will integrate patent capture processes directly into its engineering workflow, launch an IP roadmap aligned with product development milestones and erect a defensive “picket fence” of patents and trade-secret claims. This strategy is expected to secure Helio’s technical innovations, bolster freedom to operate, expand licensing and partnership opportunities and drive long-term shareholder value.
2. New CFO Appointed to Drive Financial Governance and NYSE Uplist
Helio has named Mark Knauf as Chief Financial Officer to reinforce financial discipline and advance its planned uplisting to the New York Stock Exchange. A Certified Public Accountant with more than 32 years of experience in business accounting, tax and economic consulting, Mr. Knauf has served as CFO of Amscot Financial, President of his own accounting firm and Managing Director of Englewood Property Holdings, managing commercial and residential assets in Florida. His appointment addresses material weaknesses in internal controls identified in the company’s remediation plan, establishes stronger segregation of duties and enhances GAAP and SEC reporting processes. Helio’s SEC registration statement (Form S-1) remains active, with the annual Form 10-K filing expected in late January 2026, laying the groundwork for NYSE listing requirements. The Board anticipates that Mr. Knauf’s expertise will increase institutional credibility, optimize capital planning and support sustainable growth as Helio scales its space-based power systems business.