aurora solar technologies aurora solar technologies

Copyright 2023 Surperformance. Changes wont be saved until you sign up for an Enhanced Profile subscription. BTi's products are used in multiple parts of the PV supply chain -from silicon ingots and wafers, through to finished cells. BTi's R series products are designed for laboratories and off-line production quality control and its W series products are used by silicon wafer and cell manufacturers for both in-line and off-line process control. Finally, it is with deep sadness that the Company reports the passing of David Robinson who was a recent addition to the board. Dont accept the status quojust because it is, doesnt mean it has to be. We decided to go out to the site and measure the house by hand with the homeowner, and in every instance, Aurora was correct. They are found in industrial facilities and virtually all major research institutes throughout Asia, Europe and North America. On August 25, 2022, Aurora acquired 100% of the outstanding share capital of BT Imaging Pty. CAPTCHA. 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. Discover what makes the Aurora platform the most accurate, profitable waytodeliver every stage of the solar product lifecycle. The Company's December 2022 quarter will be the first consolidated one after the cost intensive September quarter that includes large one-time acquisition costs. 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. Aurora Solar Technologies 's ( ACU) Commodity Channel Index (CCI) is -196.40, creating a Buy signal. The sun is entering a period of peak activity that will last several years, an expert said. To grow the business beyond its internal resources, additional financing may be required to scale the Insight product and/or fast track diversification through acquisition, collaboration or technology development. In context of the Covid-19 pandemic, both BTi and Aurora continue to place a high priority on the health and safety of its employees and their families. Get the ev to assets ratio charts for Aurora Solar Technologies (AACTF). Message. Aurora's and BT Imaging's products are used by some of the world's most advanced and respected solar cell manufacturers. This discussion covers the nine and three months ended 31 December 2022 and 2021 and the subsequent period up to the date of the issuance of this MD&A. NASA spotted a rare polar vortexthis month. Keep asking questions and keep challenging yourself. 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. Sign up for notifications from Insider! BTi's R and W series products are used to verify the material effects of these processes on partially or wholly finished cells. To bring these products together as a system, Aurora's InsightTM, is a new proprietary "data science" software platform that extends the combined company's product portfolio to provide plant-wide smart factory monitoring by translating measurements into actionable information to improve manufacturing performance. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. 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. This means the sun will produce more solar flares, or powerful bursts of energy. Dont stay static, dont stagnate. Get 20 years of historical ev to assets ratio charts for AACTF stock and other companies. is to bring quality and profitability to every customer through superior measurement, visualization and control of critical processes during solar cell manufacturing. The Company has issued 11,650,000 units (the "Units") at the price of $0.10 per Unit for gross proceeds of $1,165,000. Our solar platform transforms the process of designing, selling, and delivering projects. Forward-looking statements reflect current expectations of management regarding future events and operating performance as of the date of the MD&A. 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. But we didn't rely as much on electricity back then as we do now; the only thing it knocked out were telegraph lines. That energy can affect communication by messing with the ionosphere, a layer of charged particles in our upper atmosphere. Here are some solar technologies in 2022 that we're keeping an eye on. 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 Gordon Deans has retired as President and CEO of the Company effective as of October 1, 2022, following 13 years as a Founder and senior executive. (www.sedar.com). 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. 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. These forward-looking statements are made as of the date hereof. Aurora makes it smoother for everyone to switch to solar energyby transforming the way projects are designed, sold, and delivered. The Aurora and BTi businesses are well placed to take advantage of these market trends. This allows advanced cell manufacturers to rapidly and precisely understand when and how to control their production for optimal yield and throughput. 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. All securities issued pursuant to the private placement are subject to a hold period that expires on December 26, 2022. During the month of October, Kevin has been in Sydney, Australia to assess BT Imaging operations, listen to employees to support culture and leadership changes and efficiently realize synergies. As part of the Company's renewed focus, it is now in the process of delivering an important reporting milestone for the existing Insight evaluation project in China which is the basis for negotiating a commercial outcome. Aurora and BTi together focus on top-tier manufacturers of PV products who value the benefits of integrated measurement and process control systems and who have known capacity expansion plans. All other material transaction terms remain unchanged. Aurora's website is located at www.aurorasolartech.com. 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: What are co-workers like at Aurora Solar Technologies. We believe that solar power will dominate the renewable energy field, and our mission is to bring quality and profitability to every customer through superior control of critical . That could cause problems for air travel. That motion, called convection, is what creates strong magnetic fields at the poles and smaller, local magnetic fields at the surface of the sun. All rights reserved. Aurora's website is located at www.aurorasolartech.com. Last Name. If the currents flood the electrical grid, they can blow up transformers. The solar storms that rage on our star during its active period create bursts of electromagnetic energy that can affect everything from the power grid to GPS signals. Aurora Solar Technologies 100-788, Harbourside Drive, North Vancouver, BC, V7P 3R7 Click to show company phone ENF Solar is a definitive directory of solar companies and products. "Our adverts are very targeted (inverter manufacturer advert on inverter category etc.) Turkey might be just the right place to go. 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. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Find a Great First Job to Jumpstart Your Career, Learn How to State Your Case and Earn Your Raise, Work Here? 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. Perovskite cells hold promise to enhance photovoltaic deployment in a wide range of applications, such as powering vehicles and boats. Still, a space-weather event in 1989 shows just how vulnerable we've become: A huge geomagnetic storm on March 13 cut power for 6 million people in Quebec for nine hours. Aurora Solar Technologies 's ( ACU) Relative Strength Index (RSI) is 35.04, creating a Neutral signal. Currency in CAD. Aurora Solar Technologies, Inc. provides inline measurement, visualization, and control systems for the photovoltaic product manufacturing industry. 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. Those currents in our upper atmosphere interact with the particles in the ground. Find those that will, and focus on what truly matters. The only way we can achieve our dreams and goals is by working together. ", Solar Trade Platform and Directory of Solar Companies, Company Directory Auroras. Glassdoor gives you an inside look at what it's like to work at Aurora Solar Technologies, including salaries, reviews, office photos, and more. Give your sales team everything they need to close in one call: simple guided workflow, interactive consultations and eSignature to close on the spot. 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. Not an offer or recommendation by Stocktwits. In addition, Kevin met with legal, accounting, and advisory professionals who are supporting the business and met the University of New South Wales' innovation office regarding collaboration, commercialization, and technology funding opportunities. Scientists are also learning more and more about our sun. Engage homeowners with an instant, personalized 3D solar estimate that builds your brand credibility and makes you stand out from the rest. This can trigger some bizarre phenomena. These solar cells are then wired together (typically in groups of 60 or 70 cells) and framed to form modules. 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. The sun itself might be erupting in more beautiful formations. We want you to get the best possible results from our products. 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. Aurora Solar Technologies Inc. Reports Earnings Results for the Third Quarter and Nine .. Aurora Solar Technologies Inc. Reports Earnings Results for the Second Quarter and Six .. Aurora Solar Technologies : Corporate Update, Aurora Solar Technologies Inc. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. This changing industry landscape and the pace of developments presents ongoing opportunities for high-end process control suppliers of measurement and automated diagnostic technologies. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. We exist to support the worlds transition to solar at scale. Every 11 years or so, the sun becomes "convectively unstable," meaning its magnetic fields become so unstable that the magnetic north and south poles abruptly flip, throwing our star's polarity out of whack, said Mathew Owens, a professor of space physics at the University of Reading. If youre reading this, you probably agree. These so-called solar maximums occur roughly every 11 years, and they haven't been much of a problem in the past. While in Australia, Kevin also met with various new institutional shareholders resulting from the BT Imaging acquisition to reaffirm their support for the combined business and its adapted strategy to drive growth. 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. Medical, Dental, and Vision plans are 100% covered. Tons of financial metrics for serious investors. 100 - 788 Harbourside Drive North Vancouver, BC V7P 3R7 Canada. If you believe there is a better way to do it, speak up! See how the latest advancements in Aurora and HelioScope are making solar sales, design and delivery easier and faster. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. 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. 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. The Company recognizes there is room to improve based on the confidence of this adapted strategy. Aurora's momentum has picked up over the last few years, right alongside solar. But if the radiation hits an astronaut in outer space, it can be very dangerous, Owens said. Create a highly accurate solar design without having to visit the site, saving time and money during the quoting process. 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. 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. Aurora Solar Technologies Inc. published this content on 01 March 2023 and is solely responsible for the information contained therein. Aurora is acquiring accretive earnings through additive annual sales of approximately $10,000,000 Canadian dollars, that generates positive cash flow and has about $5,000,000 Canadian dollars of working capital. 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"). Our products measure and display the results of critical cell fabrication processes, revealing material properties and the performance of manufacturing tools and processes. Granted, radio signals are much less important to basic communications today. 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. The sun is much more likely to throw energy our way during its maxima. Image: Aurora Solar Technologies Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has. Two Apollo crewed missions narrowly escaped a huge solar storm in August 1972: Apollo 16 had landed back on Earth in April, while Apollo 17 launched in December. With each decade, we become more dependent on electrical infrastructure, he said. Auroras products are designed specifically for inline applications in the PV manufacturing industry. This decision has delivered intended benefits beyond obvious cost savings. See disclosure here. In Australia, there is strong policy and investment support for solar and renewable energy with UNSW's School of Photovoltaic and Renewable Energy Engineering recognized as a global center of excellence. The Company also announces stock option grants to directors, officers and consultants totaling 3,700,000 options exercisable at $0.11 for a five-year term. The Company will provide further details on the Acquisition and the combined business in a conference call to be held in mid-September co-hosted by Stifel and Aurora. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. 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. The concurrent non-brokered private placement announced on July 5, 2022 to support this Acquisition has also been completed with net proceeds of $1,146,625 received. 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. Currently the majority of the world's solar product manufacturing is conducted by Chinese companies in China and in other locations, primarily in the Southeast Asia region. The Company was incorporated under the laws of the Province of British Columbia, Canada on 26 October 2006 as Pulse Capital Corp, a capital pool company. 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 . Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. With headquarters near Vancouver, Canada, Aurora has operations in Shanghai, China, and partners in all major solar manufacturing markets. Access your favorite topics in a personalized feed while you're on the go. 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. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. Aurora is a public company, traded on the TSX Venture Exchange (ACU) and is a two-time TSX-V Top 50 winner. as well as other partner offers and accept our. Claim your Free Employer Profile Website: www.aurorasolartech.com Headquarters: North Vancouver, Canada Size: 51 to 200 Employees Type: Contract Revenue: Unknown / Non-Applicable Competitors: Unknown Aurora Solar Technologies Reviews 5.0 5.0 Former Employee "Great company" 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. The sun also lets off radioactive material called solar energetic particles that can be dangerous to astronauts. Weve outclassed our competition so you can conquer yours. Let's deliver a new energy experience, one with the simplicity and predictability of a sunrise. Before you hire a solar panel installation company in Vlez-Mlaga, Andalusia, shop through our network of over 7 local solar panel installation companies. Based in North Vancouver, British Columbia. For further information contact: Jake Bouma Corporate Development Phone: +1 (604) 317-3936 corpcomm@aurorasolartech.com We have monthly wellness classes and workshops. 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. variations. We have to make our customers more productive in their jobs, understanding that doing so adds value to society. For further information. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. A 2018 study looking at space weather at the time concluded that the cause was a huge solar storm. In the drive to Grid Parity, their unique products, built into the . This acquisition broadens the combined business by product and its process control systems capability along with diversifying sales by customer, product and geographic region. 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. Jake BoumaCorporate DevelopmentPhone: +1 (604) 317-3936corpcomm@aurorasolartech.com. 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 offer a suite of process measurement devices, interlinked with our breakthrough analysis and control systems. Move fast and scale your sales and design operations with powerful artificial intelligence. If youre looking for a mission-driven company where your work will have an impact on a truly global scale, join us and well do it together. Weve grown our team by 8X, our solutions are used by 90% of the top U.S. residential solar contractors, and weve been globally recognized Real Leaders Impact Award 2022, Forbes AI 50 2022, Inc. 5000 2021, and S&P Global Platts 2020 Rising Star Company. Aurora Solar Technologies is a leader in the development and delivery of inline process measurement, analysis and control systems for solar cell manufacturers. 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. Aurora Solar Technologies Overview Work Here? Concurrently, the Board of Directors appointed Kevin Dodds to succeed Mr. Deans as President and CEO of the Company effective 1 October 2022. Aurora Solar Technologies Inc. develops and markets inline measurement, visualization and control systems for the photovoltaic manufacturing industry. Aurora Solar Technologies Inc. is a leader in the development and delivery of inline process control and yield management solutions for solar cell manufacturers. 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. how about disabling your ad blocker on ENF? "Aurora Solar currently deals with approximately fifteen of the largest solar manufacturers in the world and they ran a beta product and the customer who's running the beta basically said,. In that case, Owens said, restarting the grid "could be a matter of weeks or even months.". The bright light of a solar flare on the left side of .