Discussion of the Company, its operations and associated risks are further described in the Company's filings, available for viewing at www.sedar.com. North Vancouver, British Columbia-- (Newsfile Corp. - October 4, 2022) - The Board of Directors of Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") announced today that. North Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") is pleased to provide an update regarding the integration of the acquisition of BT Imaging, a renewed focus to commercialize the Company's InsightTM data science product and the strategic direction for the united combined business. Currently, the most common household size is a 4kW solar panel system, which costs approximately 6,500 euros and will take up around 29 square meters of your roof. A single solar panel can cost around 400 euros to install, but obviously, this may vary depending on the size and type of system. We value and celebrate great contributions, but ultimately, it is the outcome that matters. There can be no assurance that forward- looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Tons of financial metrics for serious investors. North Vancouver, British Columbia--(Newsfile Corp. - November 2, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") is pleased to provide an update regarding the integration of the acquisition of BT Imaging, a renewed focus to commercialize the Company's InsightTM data science product and the strategic direction for the united combined business. All answers shown come directly from Aurora Solar Technologies Reviews and are not edited or altered. In one example, in 1972, US military pilots flying south of Haiphong harbor in North Vietnam saw two dozen sea mines explode in the water without any apparent cause. (www.sedar.com). BTi was incorporated in 2007 in the State of New South Wales, Australia as a private limited company to commercialize imaging technology originally developed at the University of New South Wales School of Photovoltaic and Renewable Energy Engineering. Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. BT Imaging's year end (June 30, 2022) audit is nearing completion without any material issues being identified and the Company remains on track for filing its Business Acquisition Report on November 8, 2022. For further information. Attaining "Grid Parity" with fossil fuel energy sources is the solar industry's most urgent and important challenge. Information is checked, categorised and connected. Aurora Solar Acquires Folsom Labs - PR Newswire BTi, a private Australian company, is an established leader in photoluminescence (PL) imaging tools for PV material inspection and quality control during production, and for laboratory use during product development. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China and partners in all major solar manufacturing markets. Each Unit consists of one common share of the Company and one share purchase warrant to acquire a common share of the Company at an exercise price of $0.20 for a period of one year. The bright light of a solar flare on the left side of . That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. And when you do, build it well. What are co-workers like at Aurora Solar Technologies. Aurora Solar Technologies Inc. Mailing Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Head Office Address: 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7: Contact Name: Gordon Deans: Principal Regulator: British Columbia: Business e-mail address: info@aurorasolartech.com: Aurora Solar is a fast growing technology company that enables solar professionals to remotely design and sell solar and storage projects. Distributed by Public, unedited and unaltered, on 01 March 2023 22:19:16 UTC. As such the combined business has sales and technical service facilities in China with sales, product development and technical support in Sydney, Australia and Vancouver, Canada. The rays can change the magnetic fields in the ionosphere, which can affect GPS signals that have to pierce through that layer to reach Earth. In solar cell research and design applications, conducted in academic, government and industrial laboratories throughout the world, BTi's R series products are used to inspect and characterize wafer materials, examine experimental and pilot production design results, and verify electrical performance for comparison to design objectives. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. With each decade, we become more dependent on electrical infrastructure, he said. Any financing will be tied to a disciplined approach to deploy capital relative to its market opportunity. These measures have had a dramatic impact on the global economy in terms of supply chain constraints resulting in adopted procedures and proactive pricing policies relating to purchasing, production, sales, and deliveries. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. Physicists predict that this cycle will not be the biggest we've ever seen, and we're getting better at spotting storms to be able to prepare for them. Email. To achieve the high electrical efficiencies that are now common, strict control of variations in these processes is required during cell manufacturing. Aurora Solar Technologies Provides an Update on Its Insight(TM) Data Dont stay static, dont stagnate. Its proprietary measurement and modeling technologies help. Products - Aurora Solartech Products DM and TCM Instruments Non-contact measurement of key wafer properties accurately and reliably at full production speeds The DM sensors use safe infrared light to measure key properties of crystalline silicon photovoltaic (PV) wafers. FOR THE NINE AND THREE MONTHS ENDED 31 DECEMBER 2022 AND 2021, Market Position and Development and Impact of the Covid-19 Pandemic, Highlights, Significant Events And Transactions During The Period, Significant Events and Transactions Subsequent to the Period End, Liquidity and Financial Condition of the Company. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. 14 weeks of parental leave at 100% base salary. Those currents in our upper atmosphere interact with the particles in the ground. Aurora Solar Technologies is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. One of the first decisions made was to combine global sales teams and to wind down Aurora's Chinese operations placing the commercial responsibility for the Insight product with BT Imaging in Sydney and Shanghai under a revised organizational structure. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. In silicon wafer production, BTi's R's series products are used to determine optimal wafer slicing locations in each ingot by sensing the extent and locations of impurities that can affect finished cell performance. As the sun's local magnetic fields get more tangled and crash into each other, they can explode. Contact Aurora Solar Technologies. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Do it for Jared. Working at Aurora Solar Technologies | Glassdoor The Company recognizes there is room to improve based on the confidence of this adapted strategy. Aurora's non-contact, high throughput DMTM and TCMTM products use proprietary patented technology, based on the principles of infrared spectroscopy sensing to measure the properties of the afore-mentioned solar cell chemical layers as they are deposited and thermally annealed. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. NASA's Parker Solar Probe, for instance, is heading for the sun and is likely to provide unprecedented images and exciting new data in December. Dont take things for granted and challenge assumptionsincluding your own. On 4 October 2022, the Company announced that Gordon Deans retired as the President and CEO of the Company; Mr. Deans will remain a member of the Board of Directors of the Company. Last Name. Perovskite Cells Perovskite cells are flexible, lightweight, and low-cost solar cells made using perovskite and organic materials. As the combined company integrates and develops it will be increasingly well placed to diversify its business through its market and product strategy, technology development and value enhancing transactions with an objective to grow beyond market opportunities in China. Aurora Solar Technologies (AACTF) EV to Assets Ratio : 0.46 We value your teammates and the different perspectives they bring and respect, and celebrate our differences. By clicking Sign up, you agree to receive marketing emails from Insider The Aurora and BTi businesses are well placed to take advantage of these market trends. Here's proof: Top residential US solar companies use Aurora, Infinity Energys sales teams proposal time reduction, Project Engineer, Wellspring Components LLC, Training & Development Manager, Semper Solaris, Executive Director of Sales, Semper Solaris, Director of Solar Development, Solar Energy Services, Vice President of Marketing, NY State Solar, VP of Design & Engineering at Infinity Energy. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis, and control systems for solar cell manufacturers. Aurora Solar Technologies salary trends based on salaries posted anonymously by Aurora Solar Technologies employees. On November 2, 2022, the Company provided a corporate update regarding the integration of the BTi, Insight and transition plan with a focus on growth and diversification based on a leading systems approach to process control for the solar cell manufacturing derived from the synergies and complimentary products of the combined business. Stay up to date with what you want to know. Gordon continues to support the commercialization of the Company's Insight platform along with the combined business product and market strategy in TSXV - TSXV Real Time Price. Contact - Aurora Solartech Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. They allow process engineers and production-line operators to rapidly detect and correct process excursions, material faults and optimize processes, thereby increasing our customers throughput, yield and profit. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. Owens said that if the 1859 solar storm were to happen today, we'd be "far more susceptible.". On 7 November 2011, it acquired Aurora Control Technologies Inc. through a reverse takeover and initiated its current business operations. Aurora Solar Technologies Inc Stock - AACTF Share Price Today, News and Discussion ATNM 7.08% 0.42% KRL.X 0.03% More Advertisement 3rd Party Ad. The sun is much more likely to throw energy our way during its maxima. It was important to inject energy and direction to the Insight product with a renewed focus on product readiness and commercial validation. The data provided from these measurement products provides the means to perform real time diagnostics, control, and equipment optimization quickly and effectively. Aurora Solar Technologies to acquire BT Imaging to accelerate growth These new common shares shall be subject to escrow conditions and released in three tranches on December 26, 2022, June 25, 2023 and December 25, 2023 in the amount of 20,032,003, 21,468,674, and 21,468,674 common shares, respectively. Aurora Solar Technologies Director of Technology Salaries Our solar platform transforms the process of designing, selling, and delivering projects. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. The other primary objective was to achieve alignment among senior leadership by: (i) stabilizing the Aurora business through synergies derived from the BT Imaging acquisition combined with a disciplined approach to Insight's product commercialization; (ii) leveraging available synergies to support growth; and (iii) embracing a broadened product suite and customer base to better position the combined company for diversification. products are used by some of the worlds most advanced and respected solar cell manufacturers. Aurora Solar's platform uses computer vision to help solar companies rapidly design systems tailored to customers' specific needs. An invigorated organizational structure has been implemented which includes the appointment of Chao (Hunter) Shen as General Manager of BT Imaging with profit and loss responsibilities, Tricia Pederson as Chief Financial Officer with corresponding operational responsibilities, and Sal Sanci in charge of Technology and Development with corresponding operational responsibilities. The solar or photovoltaic ("PV") energy industry is relatively young, fast-growing, and evolving in importance within the energy sector. When we make decisions, we evaluate every idea by its merits, and pursue the best course of action. Furthermore, this acquisition allows the Company to address PV silicon raw material quality control with an established product line, extend our market from PV cell manufacturing to also include R&D and quality control market segments, and provides geographical diversification. Solar is among the fastest growing electricity sources worldwide, and has consistently taken the first or second spot for adding the most new electricity to the U.S. grid. We want you to get the best possible results from our products. In the drive to Grid Parity, their unique products, built into the . AACTF Stock | News | AURORA SOLAR TECHNOLOGIES Stock Price Today Medical, Dental, and Vision plans are 100% covered. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. The Company follows the orders and recommendations of relevant government health authorities in its operational jurisdictions and continues to evolve operational procedures as required. The following information should be read in conjunction with the unaudited Condensed Interim Consolidated Financial Statements of Aurora Solar Technologies Inc. ("the Company", or "Aurora") for the nine and three months ended 31 December 2022 and 2021, and the related notes attached thereto, which were prepared in accordance with International Financial Reporting Standards ("IFRS"). BTi brings a powerful brand, a world-class complementary product line and delivery team, and deep industry knowledge and strategic relationships such as with the University of New South Wales", said Gordon Deans, Aurora's President and CEO. Auroras momentum has picked up over the last few years, right alongside solar. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. A copy of this Management Discussion and Analysis ("MD&A") will be provided to any applicant upon request. Aurora Solar Technologies Closes Private Placement Financing Raising Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. So far, astronauts have been lucky. MARKET POSITION AND DEVELOPMENT, AND IMPACT OF THE COVID-19PANDEMIC. Many of the global government measures to contain and prevent the further spread of the virus have had a dramatic impact on the global economy in the terms of supply chain constraints resulting in adapted procedures and proactive pricing policies relating to purchasing, productions, sales and deliveries. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". All statements in this discussion other than statements of historical facts, that address future events or developments that the Company expects, are forward-looking statements. -, Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. The sun is entering a period of peak activity that will last several years, an expert said. "We are delighted to have completed this important acquisition, as a key element of our growth and market development strategy in process control and yield management solutions for the PV industry. place undue reliance on the Company's forward-looking statements. Further details for this event and instructions for participating will be provided in early September. Phone: +1 (778) 241 5000 Here are some solar technologies in 2022 that we're keeping an eye on. Aurora Solar Technologies | LinkedIn Aurora Solar | Company Overview & News The volume and breadth of PV manufacturing have increased dramatically over recent years, right across the industry, and the pace of change is not slowing with new government initiatives recently announced in Australia, North America, and Europe. We are a remote first team with office options too. This decision has delivered intended benefits beyond obvious cost savings. At the end of October, BT Imaging held its first board meeting and management operations review since the acquisition. This business combination is expected to accelerate Aurora's growth by combining BTi's quality control tools with Aurora's InsightTM data science platform. as well as other partner offers and accept our. As the geomagnetic storm messes with the ionosphere's magnetic charge, it creates currents in the ionosphere. Build because you should, not because you can. HIGHLIGHTS, SIGNIFICANT EVENTS AND TRANSACTIONS DURING THE PERIOD, The Business Acquisition report relating to the acquisition of BT Imaging PTY Ltd. was filed on Sedar on 8 November 2022. planes were 21% more likely to be delayed, saw two dozen sea mines explode in the water, worst solar storm we've seen happened in 1859, auroras were seen in the southern UK on Sunday night, Two Apollo crewed missions narrowly escaped a huge solar storm. Aurora Solar Technologies completes acquisition of BT Imaging as it The sun is about to get more active than it has for a decade and it could lead to power outages, grounded flights, and stunning auroras. We believe that solar power will be a dominant element in the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical processes during solar cell manufacturing. Even the International Space Station is still under the protection of the ionosphere. NASA spotted a rare polar vortexthis month. We can. Leading solar companies depend on Aurora to outpace the industry. Aurora's Australian subsidiary, BT Imaging Pty Ltd, founded in 2007, has a 15 year-history of servicing top tier solar cell and cell manufacturers who supply the majority of the world's production, based on market leadership with its advanced photoluminescence-based quality assurance imaging tools. Announces Passing of Board Member, David Robinson, Aurora Solar Technologies Corporate Update Regarding Leadership, Aurora Solar Technologies Inc. But a huge geomagnetic storm heading toward Earth a storm so big it would "probably give us aurora down to the equators" could cause several transformers to go at once, or overwhelm other transformers that could then blow up, knocking out the whole grid, Owens said. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company and/or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. ", Solar Trade Platform and Directory of Solar Companies, Company Directory BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. Sun Is About to Get More Active, Sending Grid-Disrupting Solar Storms North Vancouver, British Columbia--(Newsfile Corp. - August 26, 2022) - Aurora Solar Technologies Inc. (TSXV: ACU) ("Aurora", the "Company") is pleased to announce that the acquisition of BT Imaging Pty Ltd. (the "Acquisition") (please refer to the Company's news releases dated March 3, 2022, May 31, 2022, July 5 and July 28, 2022) has been completed effective August 25, 2022 in Vancouver, Canada and August 26, 2022 in Sydney, Australia. We would have no business, and would not be able to accomplish our mission without our customers. Aurora Solar Technologies Corporate Update Aurora's products are designed specifically for inline applications in the PV manufacturing industry. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. Solar flares can disrupt radio communications and electric power grids on Earth. Move fast and scale your sales and design operations with powerful artificial intelligence. Aurora Solar Technologies | Production Equipment | Canada We can keep accelerating solar growth, together. See disclosure here. A URORA S OLAR T ECHNOLOGIES I NC.. Canadian Dollars F OR THE N INE AND T HREE M ONTHS E NDED 31 D ECEMBER 2022 A ND 2021. The Company is pleased to confirm that the business is performing well and is on track to achieve its fiscal June 2022 financial and operational targets including, approximately C$10,000,000 in sales, profitability, and cash flow positive. 100% Clean Energy for California: What SB 100 Means for Distributed Solar, 11 Clever Solar House Designs from the U.S. Department of Energy Solar Decathlon 2017, Decoding the Solar Buyer: Insights from Auroras 2021 Homeowner Research, The Big Book of Solar Software Must-Haves, Raising a Series D to Gear Up For Solars Extraordinary Growth, Sunrise Sessions: Uniting Solar Design and Sales. Aurora Solar Technologies Completes BT Imaging Acquisition and The worst solar storm we've seen happened in 1859. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. Get the latest stock price for Aurora Solar Technologies Inc. (ACU), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Delayed Bourse de Toronto CAPTCHA. Energy and charged particles from the sun are then ejected into space. Aurora Solar: The World's #1 Solar Design Software That could cause problems for air travel. Scientists, however, fear that our reliance on electricity and interconnectivity could mean we're far more vulnerable to their effects this time around. Additional information about the Company, including the audited annual Consolidated Financial Statements, and the notes thereto, for the years ended 31 March 2022 and 2021, prepared in accordance with IFRS, can be found on SEDAR at www.sedar.com. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Take the time you need for the moments that matter. The sun is a big ball of plasma, heated at its center. Wafer and cell forms and configurations have all changed, with continually increasing sizes and performance demands. These forward-looking statements are made as of the date hereof. The board has been restructured with the appointment of Kevin Dodds as Chief Executive Officer and Roger Buckeridge as a new board director and strategic advisor to Kevin. Its technology improves solar cell efficiency . Aurora Solar Technologies develops, manufactures and markets inline quality control systems for the solar cell manufacturing industry. By the end of March 2023, the combined business is expected to benefit from realized synergies combined with compelling revenues and margins with the objective of being on a cash flow run rate that is neutral to positive. Check out our video and blog highlighting the phenomenal growth of solar and how Aurora empowers homeowners with a new energy experience. And the latest solar cycle, which peaked around 2010, was particularly quiet and may have lulled us into a false sense of security. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. There are any number of things you could build, but will they all make a significant difference in our clients lives? Phone. Claim your Free Employer Profile. By placing the commercial responsibility for the Insight product inside BT Imaging, the Company will be able to improve its technical sales capability to secure potential customer orders. Copyright 2023 Surperformance. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Aurora Solar Technologies Inc. (ACU) | TSXV Stock Price | TMX Money "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Read through customer reviews, check out their past projects and then request a quote from the best solar panel installation companies near you. Engage homeowners with an instant, personalized 3D solar estimate that builds your brand credibility and makes you stand out from the rest. Aurorans, solar professionals, society at largewe are all in this together.
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