Strategic partnership between Hybrid Enterprises and Helium One at Mines and Money Asia

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April 05, 2017: The world wise reseller ofLockheed Martin's Hybrid Airship,Hybrid Enterprises, had announced a strategic partnership with Helium One, an explorer, developer and producer of high value bulk liquid helium. Helium One will use the LMH-1 Hybrid Airship to safely transport helium out of Helium One's deposit sites in Tanzania.

Helium One holds a prospecting license across three projects in Tanzania, encompassing more than 4,500 km² of land with helium concentrations up to 10.5 percent. With significant operational, technical and commercial experience, the Helium One team is well positioned to capitalize on opportunities within the global helium market. This strategic collaboration would provide a safe and sustainable solution for transporting helium from mining sites in Tanzania.

"We are excited to be working with Hybrid Enterprises to explore a new way to efficiently deliver bulk liquid helium to the world," said Thomas Abraham-James, CEO of Helium One. "We are in the process of developing a new helium province in Tanzania that has the potential to alleviate fears of a global helium shortage for decades to come. The LMH-1 airship may be a highly cost effective transportation method for us, and could reduce the bottlenecks associated with road transportation."

Developed and built by Lockheed Martin, the LMH-1 can land on virtually any surface including gravel, snow, ice and even water. The helium-filled, heavier-than-air airships can carry 21 metric tons of cargo and up to 19 passengers. The LMH-1 will provide a low cost and sustainable solution for moving cargo and personnel to the most isolated regions of the world.

"With the demand for helium increasing, this discovery of a nearly 100 billion cubic foot helium deposit in Tanzania will help ensure future supply," said Rob Binns, Chief Executive Officer of Hybrid Enterprises. "And what better way to transport this product than with our helium filled Hybrid Airship."

Hybrid Airships combine the technology of lighter-than-air aircraft with airplanes, helicopters and hovercraft. Helium provides 80 percent of the lift, and the remaining lift comes from the aerodynamic shape of the aircraft and its four thrust vectoring engines. The airship also features a unique hovercraft-like Air Cushion Landing System that facilitates taxiing and holds the craft firmly on the ground.

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