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Pulsar Helium Inc. announces partnership with space balloon company

Published 22/11/2024, 07:06

On Friday, Pulsar Helium (TSXV:PLSR) Inc. revealed a partnership with Send My Stuff To Space Ltd (SMSTS), a leading space balloon launch company. This collaboration is set to bolster Pulsar's 'Pulsar Scholars' initiative, a quarterly bursary program supporting students in Science, Technology, Engineering, and Mathematics (STEM). The partnership aims to provide students with opportunities to test their scientific projects in suborbital conditions, similar to the Martian surface environment.

The bursary from Pulsar Scholars, amounting to $2,500, will be allocated quarterly to STEM students to fund their projects' testing through SMSTS's space balloon flights. These flights reach the upper stratosphere at about 130,000 feet above sea level, offering conditions comparable to those on Mars. This initiative ensures that students can afford to test and validate their cube satellites and other experiments in extreme environments without financial barriers.

Marc Farrington, Pulsar's Head of PR & Partnerships, expressed enthusiasm for the collaboration. He stated that the Pulsar Scholars program has been actively supporting higher education students since 2023. With the new partnership, the program will extend its support to include SMSTS's Academic Space Programme, facilitating hands-on experience in one of the most challenging environments on Earth.

SMSTS is transitioning to helium-filled balloons for its suborbital flights, aligning with best practices in ballooning and sustainability. This shift to primary helium as the lifting gas is expected to offer an eco-friendlier alternative to hydrogen. The company is known for its educational space balloon flights, with a track record of successful and sustainable missions, and a 100% client payload recovery rate.

Pulsar Helium Inc., listed on AIM, TSXV, and OTCQB under the tickers PLSR and PSRHF respectively, focuses on helium project development. Its portfolio includes the Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is pioneering helium exploration in these locations, with both sites showing primary helium occurrences independent of hydrocarbon production. For more information about Pulsar Helium Inc., interested parties can visit the company's website or its LinkedIn page.

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