Pulsar Helium Business Summary

Pulsar Helium Inc. (PSRHF) is a specialized explorer and developer of primary helium assets, focusing on high-grade occurrences where helium is the primary economic driver rather than a hydrocarbon byproduct. The company’s revenue model is centered on the future extraction and sale of helium-4, the rare isotope helium-3—valued at approximately $18.5 million per kilogram—and food-grade carbon dioxide. Its operations are divided into three primary segments: the flagship Topaz Project in Minnesota, which has reported helium concentrations of up to 14.5%; the Falcon Project in Michigan; and the Tunu Project in Greenland. Within the competitive landscape, Pulsar distinguishes itself from peers like Desert Mountain Energy, Royal Helium, and Blue Star Helium by targeting primary helium systems with significantly higher concentrations than the 2% industry threshold, positioning itself as a premium pure-play provider for the semiconductor, quantum computing, and aerospace sectors. The company was co-founded by Thomas Abraham-James and Neil Herbert, both of whom remain central to its strategic direction. Thomas Abraham-James serves as President and CEO, bringing over 17 years of experience as a geologist and a pioneer in primary helium exploration methodologies. The executive team is further bolstered by CFO Daniel O’Brien, a Chartered Professional Accountant with two decades of resource-sector experience, and Vice President of Engineering Brad Cage, who possesses 25 years of expertise in drilling and reservoir functions. The Board of Directors includes Executive Chairman Neil Herbert and notable independent directors such as Brice Laurent, a managing partner at ABCapital, and Doris Meyer. As of February 2026, the company maintains strong institutional backing following a successful £7.4 million fundraising led by OAK Securities to accelerate its multi-well appraisal campaign at the Topaz site.