Pulsar Helium (PLSR:AIM) delivered a detailed investor update highlighting strong operational progress at its Topaz helium project in Minnesota, where the company has confirmed a rare terrestrial discovery of helium-3 alongside high-grade helium-4 concentrations of up to 15%. CEO Thomas Abraham-James and advisor Dr. Peter Barry outlined ongoing drilling success across the Jetstream well series, noting high reservoir pressures, CO₂-rich gas composition, and promising indicators of a large-scale, potentially interconnected system. With a multi-well appraisal program underway through Q1 next year, Pulsar aims to establish commercial volumes to advance into production, supported by planned fabrication of a dedicated processing plant with Chart Industries. The company emphasized significant strategic value tied to helium demand in AI, semiconductors, quantum computing, national security, and MRI technologies—sectors increasingly reliant on domestic supply chains. Pulsar also highlighted first-mover advantage in a new U.S. helium district, growing regional expansion potential into Michigan’s Upper Peninsula, and a strengthened balance sheet thanks to warrant exercises and a financing facility from University Bank. Management reiterated confidence in the project’s economic and environmental credentials, with production-ready infrastructure already in place at initial wells and advanced testing planned to confirm reservoir extent, connectivity, and lifecycle potential. With helium-3 extremely scarce on Earth and costly to source from lunar initiatives, the Topaz discovery positions Pulsar as a strategically important future supplier enabling critical U.S. technologies.