**Summary**
Helium One Global Ltd (AIMHE1) provided an update on its **Galactica Project**, a helium development venture in Colorado, USA, operated by Blue Star Helium (ASX: BNL). Key highlights include
1. **First Helium Gas Achieved**The project reached a milestone with first helium gas production in December 2025.
2. **Operational Focus**Efforts are now centered on stabilizing production throughput and optimizing the Pinon Canyon Plant, the newest helium processing facility in the U.S.
3. **Revenue Generation**The first helium tube trailer is onsite for filling, with each trailer valued between **US$59,500 and US$102,000**. Blue Star is pursuing short-term contracts for immediate cash flow and long-term partnerships for stable revenue.
4. **Growth Strategy**Additional well tie-ins and infill drilling are planned for H1 2026 to expand supply and scale processing capacity, driving further revenue growth.
5. **Market Position**The Galactica Project is emerging as a key domestic helium and COâ‚‚ supply option in the U.S., attracting diverse customers across transport, storage, and end-use sectors.
Helium One holds a **50% working interest** in the project and is also advancing its flagship **Rukwa Project** in Tanzania, where it secured a mining license in July 2025 following successful exploration drilling. The company aims to address the global helium supply constraint through its expanding portfolio.