NEHC Makes Nasdaq Debut w 1.5B Cubic Feet of Helium Reserves Helium plays a critical role in modern technology, supporting industries such as healthcare, aerospace, and semiconductors. With increasing demand driven by advancements in artificial intelligence and high-performance computing, securing helium supplies has become a strategic priority.
New Era Helium, Inc. (NASDAQ: NEHC), an exploration and production company focused on helium sourced alongside natural gas in the Permian Basin, is positioning itself as a promising player in this growing market.
The company’s 137,000-acre land position in Southeast New Mexico contains over 1.5 billion cubic feet of proved and probable helium reserves.
This substantial resource base supports its broader vision of integrating helium production with sustainable energy solutions to address the needs of data-driven industries.
In line with this strategy, New Era Helium recently announced a 50/50 joint venture with Sharon AI, Inc. to develop a 250MW net-zero energy data center in the Permian Basin.
This expanded facility, increased from the previously announced 90MW, highlights rising demand for sustainable power solutions in AI and cloud computing.
The project is expected to attract hyperscale clients and other high-energy consumers, creating long-term revenue streams.
Further raising its profile, New Era Helium has been invited to present at The Microcap Conference which is taking place January 28 to 30, 2025. The event will allow the company to showcase its developments and growth strategies to institutional and retail investors, emphasizing its role in sustainable energy and AI infrastructure.
As one of the first helium-focused companies listed on a major U.S. exchange, New Era Helium will also ring the Nasdaq opening bell this Thursday. This milestone reflects the company’s rapid progress in 2024 and sets the stage for further growth in 2025.
CEO E. Will Gray II described the Nasdaq listing and data center partnership as the foundation for future expansion, combining helium production with cutting-edge energy infrastructure.
With strong financing, a substantial reserve base, and strategic partnerships, New Era Helium is advancing its vision to meet the energy demands of the AI-driven digital economy while maintaining a focus on sustainability.
More on New Era Helium's latest progress here: https://www.newerahelium.com/news
Posted on behalf of New Era Helium, Inc.